Management
Viper Energy is acquiring Sitio Royalties Corp. and its more than 25,000 net acres of royalty interests across major US shale plays.
Project expects a total of 19 additional modules to arrive on site during 2025.
Extensive acreage overlap and existing operational collaboration drove the acquisition decision.
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Experts speaking at CERAWeek 2025 lauded industry's shift from focusing on the energy transition to prioritizing oil production. -
Discovery yields the largest hydrocarbon column to date in the Dussafu Marin license offshore Gabon.
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A new publication from Ipieca and the International Association of Oil and Gas Producers presents a health-focused roadmap for navigating the energy transition.
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The new company, to be called Whitecap, will be the largest Alberta Montney and Duvernay landholder, sporting 370,000 BOE/D in combined production.
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Technology and partnerships play a pivotal role in how the oil industry finds and produces energy from frontier regions and brownfields, both now and in the future.
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Kuwait Petroleum’s managing director of planning and finance said that more investment will be needed to keep Kuwait’s mature oil fields flowing while production is brought on stream.
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The proposed joint venture aligns with Eni's satellite model strategy to create entities that manage operations and access capital markets separately from the parent company.
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Mero expects to increase its production capacity to over 700,000 B/D.
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The supermajor is making a major course correction as it plans to slash renewable investment and focus more on oil and gas development.
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The operator plans to acquire seismic and carry out appraisal drilling at the site later this year; the find could be fast-tracked as a tieback to the Goliat FPSO.
