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2025-2026 Oil Market Outlook: An Update

Energy Outlook Advisors

Subscribe now Oil market data has deteriorated since 2017 due to the US EIA's inability to define "crude" and distinguish actual crude production in shale plays. Crude production numbers include condensates and NGLs, counted as NGLs on the demand side but as crude when blended with Canadian crude for export. Now we use it with doubts!

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The Permian is not done yet

Oil & Gas 360º

(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 Of these 18, a handful are the really big players, including Exxon, Chevron, Occidental Petroleum, Diamondback Energy, and EOG. million barrels daily. Today, the Permian is producing over 6 million barrels daily, accounting for nearly half of the U.S.

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A Key Resource For Structuring Oil & Gas Joint Operations

The Energy Law

Part 1 of the article appears in the 2017 Spring, volume 36, no. 1 edition, while part 2 will follow in the 2017 Summer edition. Click here to view the article as prepared for the RMMLF Institute.

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New creditors’ battle emerges in Citgo auction reboot

Oil & Gas 360º

refiner Citgo Petroleum is dealing with a fresh dispute between creditors after a lowball starting bid was recommended in a reboot of the sale. ” The case overseen by Stark was first introduced by Canadian gold miner Crystallex in 2017 after winning an arbitration case, allowing other creditors in similar situations to join.

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Dana Gas Increases Investment in Kurdistan Fields

Iraq Business News: Oil & Gas

Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG. The proceeds will be used to finance these near-term growth opportunities and for general corporate purposes.

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The heart of the US oil boom is slowing

Oil & Gas 360º

The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. That $62 per barrel break-even price in Midland is up from $46 in 2017. (BOE Report) –NEW YORK (Reuters Breakingviews) Oil fields are just as quick to make fortunes as break them. Sure, todays industry is far larger and more sophisticated.

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Plaintiffs and Defendants Jointly Choose First Cases for Trial in Plaquemines Parish Coastal Zone Management Act Litigation

The Energy Law

Equitable Petroleum Corporation, et al. The Defendants picked Parish of Plaquemines v. and Parish of Plaquemines v. Helis Oil & Gas Company, LLC, et al.

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