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BREAKING $5.6 Billion Deal – EOG Resources to Acquire Encino Energy

BREAKING $5.6 Billion Deal – EOG Resources to Acquire Encino Energy

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,...
OFFSHORE Total Energies Brazil: First oil of Mero-4

OFFSHORE Total Energies Brazil: First oil of Mero-4

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...
Sable Offshore Restarts Production off the coast of California after 10 years

Sable Offshore Restarts Production off the coast of California after 10 years

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...
$608 MILLION DIVESTITURE: APA Corporation Announces First-Quarter 2025 Financial and Operational Results

$608 MILLION DIVESTITURE: APA Corporation Announces First-Quarter 2025 Financial and Operational Results

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...
Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets

Permian Resources Announces Strong First Quarter 2025 Results, Revised 2025 Guidance and Strategic Bolt-On Acquisition of Core Northern Delaware Basin Assets

by Efrain Garcia | May 7, 2025 | Upstream News

MIDLAND, Texas – Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its first quarter 2025 financial and operational results, revised full year 2025 guidance and a strategic Northern Delaware Basin bolt-on acquisition....
Approx $135 Million: Valaris Announces Contract Award for Drillship VALARIS DS-15

Approx $135 Million: Valaris Announces Contract Award for Drillship VALARIS DS-15

by Efrain Garcia | May 6, 2025 | Upstream News

This News Article brought to you by: K+B Industries Leaders in Premium Threading and Machining HAMILTON, Bermuda–(BUSINESS WIRE)– Valaris Limited (NYSE: VAL) (“Valaris” or the “Company”) announced today that it has been awarded a five-well contract...
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