Jan 9, 2023 · Vital Energy Inc., formerly known as Laredo Petroleum, announced the completion of its rebranding in a press release Jan. 8. Vital is now trading on the NYSE under the ticker “VTLE” as of Jan. 9.

Dec 15, 2024 · Lower 48 onshore oil and gas producers have been proving large new plays in 2024, looking to grow their inventory organically. Utica oil. In Ohio, EOG Resources has advanced its Utica volatile oil play to down-spacing tests. In its first, the five-well Shadow pad surfaced 72,022 bbl its first 13 days online, averaging 1,108 bbl/d, according to Ohio Department of Natural Resources (DNR) files.

Dec 12, 2024 · Energy demand is forecast to grow as data centers gobble up more electricity and LNG liquefaction capacity comes online in North America, but gasoline demand may peak by 2025, analysts say.Source: Shutterstock.com

Jan 6, 2025 · API Sees Positives in Hydrogen Production Tax Credit Rules. The U.S. Treasury Department’s final regulations for the Section 45V Clean Hydrogen Production Tax Credit are a “meaningful step forward, encouraging innovation while driving progress on emissions,” the American Petroleum Institute said.

Dec 16, 2024 · As Exxon Mobil boosts Permian Basin recovery and lowers drilling and completion (D&C) costs, the U.S. supermajor could look to target projects in the basin’s emerging secondary benches.. The Spring, Texas-based company is also deploying its own secret ingredient to ramp up recoveries: Its custom-made proppant is booting EURs by 15%.

Jan 10, 2025 · Databases. Drilling Activity. Database of selected U.S. and international exploration wells. Transactions. Information on assets, buyers and sellers, deal values, and ...

3 days ago · Here’s a roundup of the latest E&P headlines including new drilling in the eastern Mediterranean and new contracts in Australia.

Jan 10, 2025 · Step aside, Permian Basin. Utah oil country is stealing headlines as operators search for new drilling runway. With asking prices sky-high for Permian inventory and the best acreage locked up, E&Ps are digging deeper into the Uinta Basin’s stacked pay potential.

Dec 11, 2024 · Despite the Uinta Basin’s recent flurry of M&A activity, Scout Energy Partners isn’t looking to sell anytime soon, said the company’s executive vice president, Juan Nevarez, at Hart Energy’s Executive Oil Conference.

Ranger Oil was a pure-play independent oil and gas company engaged in the development and production of oil, NGL and natural gas, with operations in the Eagle Ford Shale in South Texas. Ranger Oil was acquired by Baytex Energy Corp. for $2.2 billion in 2023.