This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Since 2021, Zephyr has completed 14 discrete acquisitions in theWilliston Basinand built a highly experienced team which previously managed over 4,000 non-operated wells throughout the region. million barrels of oil equivalent (“mmboe”), 2C resources of 34 mmboe and 2U resources 270 mmboe.
private) (N/A – private; high gas focus) (N/A – private) ~7–9 rigs in Oklahoma (2025) (21 wells drilled in 2023) Note: MBOE/d = thousand barrels of oil equivalent per day. Coterra Energy (CTRA) – Oklahoma (Anadarko) Segment Coterra Energy was formed from the 2021 merger of Cimarex and Cabot. Liquids” includes crude oil and NGLs.
Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). SM Energy: Strategic Pivot to Chalk SM Energy began full-scale Austin Chalk development in 2021, targeting oil and liquid-rich gas windows across its 155,000-acre South Texas footprint. Whos Leading the Charge?
Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). SM Energy: Strategic Pivot to Chalk SM Energy began full-scale Austin Chalk development in 2021, targeting oil and liquid-rich gas windows across its 155,000-acre South Texas footprint. Whos Leading the Charge?
Supply from countries outside the Declaration of Cooperation – the formal name for OPEC+ – will rise by about 800,000 barrels per day in 2025, OPEC said in a monthly report, down from last months forecast of 900,000 bpd. On May 5 Brent settled close to $60, its lowest settlement since 2021. President Donald Trumps tariffs.
Supply from countries outside the Declaration of Cooperation – the formal name for OPEC+ – will rise by about 800,000 barrels per day in 2025, OPEC said in a monthly report, down from last months forecast of 900,000 bpd. On May 5 Brent settled close to $60, its lowest settlement since 2021. President Donald Trumps tariffs.
For oil wells, the number fell 24% to 293, the lowest since 2021. West Texas Intermediate oil prices have fallen by about 20, to near $63 a barrel, since U.S. Energy Secretary Chris Wright said at an energy conference in Oklahoma City last week that oil at $50 a barrel wouldnt be sustainable for American producers.
sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. million barrels per day in 2026, up roughly 40,000 barrels from last month’s forecast, mitigating the impact of reduced activity in other crude-producing regions. (World Oil) – The U.S. Output is now expected to slip to 13.37
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content