Exploration & Production (E&P)

Global energy leaders split on transition investments, peak oil expectations

March 20, 2026

(World Oil) – Energy and natural resources (ENR) executives remain divided on the pace of the energy transition and the timing of peak oil demand, as policy uncertainty, cost pressures and shifting market dynamics reshape investment strategies, according to Bain & Company’s 2026 industry survey. The survey, which gathered responses from more than 800 executives across oil and gas, utilities, chemicals, mining

Oil & Gas 360® Premium: Step-by-step guide to explore the valuation dashboards- oil and gas 360

Explore the valuation dashboards: Oil & Gas 360® Premium

March 20, 2026

(Oil & Gas 360) – EnerCom, Inc., a leading energy communications and consulting firm, has expanded its Oil & Gas 360® Premium subscription service, offering energy investors and industry professionals access to deeper analytics, valuation tools, and market intelligence designed to support better, faster decision-making. Here’s a quick walkthrough of how to make the most of your Premium access: 1.

North Dakota operators likely to increase crude output in March, regulator says

March 20, 2026

(BOE Report) – North Dakota crude output is expected to rise in March and the following months as operators in the third-largest oil-producing state restart inactive wells and winter restrictions are eased, the state’s regulator said on Thursday. The North Dakota Department of Mineral Resources said, however, that the pace of activity would depend on how long oil prices stay

IOG Resources III backs $125-million drilling program in Powder River basin

March 17, 2026

(World Oil) – IOG Resources III has closed a $125-million joint development partnership to fund an 18-well horizontal drilling program targeting the Niobrara formation in Wyoming’s Powder River basin. The program is located in Converse County and represents the platform’s first investment under IOGR III. The undisclosed operating partner will execute the drilling campaign, which adds to ongoing development activity in one of the Rockies’

Buccaneer Energy expands Texas output with Carlisle-1 well acquisition

March 17, 2026

(World Oil) – Buccaneer Energy has acquired a 100% working interest in the Carlisle-1 well in the Pine Mills field, East Texas, strengthening its position in the Fouke area and increasing near-term production and cash flow. The well is currently producing about 25 bopd, lifting the company’s total output to approximately 155 bopd. Carlisle-1 benefits from low operating costs of about $6.23/bbl and

Eni discovers more than 1 Tcf of gas offshore Libya near Bahr Essalam field

March 16, 2026

(World Oil) – The discoveries were made at the Bahr Essalam South 2 (BESS-2) and Bahr Essalam South 3 (BESS-3) structures, located about 85 km offshore in roughly 650 ft of water and approximately 16 km south of the Bahr Essalam gas field. The wells—B2-16/4 and C1-16/4—encountered gas-bearing intervals within the Metlaoui Formation, the main producing reservoir in the area. According

Mach Natural Resources: Q4 snapshot, KPIs in focus, and what management is signaling for 2026

March 16, 2026

(Oil & Gas 360) – Mach Natural Resources closed 2025 with a straightforward story: steady production, disciplined spending, and a cash distribution that remains front and center. In the fourth quarter, total volumes averaged about 154,000 BOE per day, with development drilling additions exceeding 2025 production by 18%. Adjusted EBITDA printed roughly $187 million against total revenue of nearly $388

Mach Natural Resources boosts proved reserves 109% to 705 MMboe

March 13, 2026

(World Oil) – Mach Natural Resources LP reported a 109% increase in total proved reserves in 2025, reaching 705 MMboe, as the company expanded its asset base through acquisitions and continued development across its portfolio. The Oklahoma City–based operator said the reserve increase reflects multiple acquisitions completed during the year totaling $1.3 billion, including assets in the Permian and San Juan

TotalEnergies launches Lapa South-West project offshore Brazil

March 11, 2026

(World Oil) – TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, about 300 km (186 miles) offshore, adding new output to the company’s existing Lapa field operations. The development consists of three wells tied back to the Lapa floating production, storage and offloading (FPSO) unit and is expected to increase production from the field by

ExxonMobil Analyst Day 2026: Continuity, Sharpened Targets, and a Higher Bar for “Advantaged” Growth

March 10, 2026

(Oil & Gas 360) By Greg Barnett, MBA ExxonMobil’s February 2026 Analyst Day did not represent a strategic pivot. Instead, it formalized and sharpened themes that management has consistently articulated across recent earnings calls, particularly 4Q23 and 4Q25: execution excellence, advantaged upstream growth, structural cost reductions, and disciplined capital allocation. The key evolution was not direction, but quantification. On the

Battalion Oil Expands Monument Draw Position With Strategic Acquisition from Sundown

March 10, 2026

Oil & Gas 360) – Houston, Texas, March 10, 2026 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced that it has entered into a Purchase and Sale Agreement (“PSA”) to acquire certain oil and gas assets, comprising 7,090 net acres located in Ward County, Texas (the “Assets”), from RoadRunner Resource Holding LLC (formerly,

Gulf producers slash oil output by 5 million Bpd

March 10, 2026

(World Oil) – The largest oil producers in the Middle East Gulf have deepened production cuts and are already lowering output by a combined more than 5 million barrels per day (bpd) as the de facto halt to tanker traffic in the Strait of Hormuz has started to affect upstream production. As storage fills and crude has no way out of

Premium Content