Thursday, May 22, 2025
Prairie Operating Co. announces 11-well development at Rusch Pad- oil and gas 360

Prairie Operating Co. announces 11-well development at Rusch Pad

(Oil & Gas 360) – HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company” or “Prairie”), today announced the launch of an 11-well development program at the Rusch Pad in Weld County, Colorado. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Company’s continued strategy to

Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million- oil and gas 360

Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

(World Oil) – Chevron has closed on a deal to sell a 70% interest in its East Texas shale gas assets to an affiliate of TG Natural Resources LLC (TGNR), a company indirectly owned by Tokyo Gas and Castleton Commodities International LLC (CCI), for $525 million, with $75 million paid in cash and $450 million as a capital carry to fund

ConocoPhillips eyes sale of Oklahoma assets worth over $1 billion, sources say

(BOE Report) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said. The energy producer has hired investment bank Moelis & Co to run the sale process for the assets, the sources said, adding that the talks are at an early

INEOS acquires oil and gas assets in U.S. Gulf from CNOOC- oil and gas 360

INEOS acquires oil and gas assets in U.S. Gulf from CNOOC

(World Oil) – INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of CNOOC International Ltd. (CNOOC). The deal increases INEOS Energy’s production globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S., in the past

OPEC+ to discuss Kazakhstan output at Thursday’s meeting, sources say- oil and gas 360

OPEC+ to discuss Kazakhstan output at Thursday’s meeting, sources say

(Investing) – LONDON – Eight OPEC+ countries meeting on Thursday will focus debates on how to convince Kazakhstan to stop exceeding its output quota and its plans to compensate for overproduction as the group steps up gradual production hikes, two delegates told Reuters. Record Kazakh output has angered several other members of the group, including top producer Saudi Arabia, sources have