by Efrain Garcia | Jul 7, 2025 | Upstream News
This article is brought to you by: K+B Industries Leaders in Machining Premium Threads Hamilton, Bermuda, July 6, 2025 … Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a 940-day contract extension for drillship...
by Efrain Garcia | Jun 20, 2025 | Upstream News
Meta and XGS Energy have announced a $1 billion partnership to develop a groundbreaking 150-megawatt (MW) geothermal energy project in New Mexico. The initiative will use XGS Energy’s proprietary geothermal technology to provide clean, baseload electricity to support...
by Efrain Garcia | May 30, 2025 | Upstream News
This Article Brought to You by: Allstream Energy Partners Digital Marketing Experts in Oil and Gas EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5% May 30,...
by Efrain Garcia | May 26, 2025 | Upstream News
Paris, May 26, 2025 – TotalEnergies announces first oil from the fourth development phase of the Mero field on the Libra block, located 180 kilometers off the coast of Rio de Janeiro, Brazil, in the pre-salt area of the Santos Basin. Launched in August 2021, this new...
by Efrain Garcia | May 22, 2025 | Upstream News
This article brought to you by: 05/19/2025 HOUSTON–(BUSINESS WIRE)– Sable Offshore Corp. (“Sable,” or the “Company”)(NYSE: SOC) today announced that as of May 15, 2025, it has restarted production at the Santa Ynez Unit (“SYU”) and has begun flowing oil...
by Efrain Garcia | May 7, 2025 | Upstream News
Key Takeaways Reported production of 469,000 barrels of oil equivalent (BOE) per day; adjusted production excluding Egypt noncontrolling interest and tax barrels, was 398,000 BOE per day; Notable efficiency gains, primarily in Permian drilling, enabling reduction of...
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