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Oil prices dipped slightly today but have risen since OPEC+ decided to boost production by 411,000 barrels per day in June. Brent crude recently dropped to its lowest since 2021, settling near $60. OPEC anticipates a 5% drop in non-OPEC+ exploration and production investment in 2025, despite a $3 billion rise in 2024.
May 14, 2025 Chart of the Day EOA: OPEC Production Declined in April! Brent crude recently dropped to its lowest since 2021, settling near $60. OPEC anticipates a 5% drop in non-OPEC+ exploration and production investment in 2025, despite a $3 billion rise in 2024. US output remains a key driver.
Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d.
Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d.
With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 Nobody was the OBVIOUS driver. GSHR has only drilled 4km of the immediate 8km Moss corridorso LOTS of exploration potential left. The Greenstone Gold Mine started being built in Q4 2021.
One of the biggest problems public transport will face in the coming years is a shortage of bus drivers. In Germany, for instance, we expect there to be an unmet need for 80,000 bus drivers by 2030. We thought we might have driverless vehicles by 2021 and that they would have a 2 to 4 percent modal share in cities with AVs by 2025.
17 pages) The innovation challenge: Good ideas are harder to find Innovation has been the driver of the extraordinary progress from which humankind has benefited for a couple of centuries, but it faces a largely hidden threat: Innovation is becoming harder and more expensive. By 2021, this had more than doubled to 71 years.
million students between fall 2021 and fall 2031, representing an additional 139,000 students per year. More recently, there have been media reports exploring uncertainty over student visa policy and how it might affect international-student enrollment. student housing demand,â National Multifamily Housing Council, July 2021.
Confidence in domestic oil and gas exploration is soaring again, largely due to the regulatory rollbacks, tax incentives, and policy stances that prioritize American energy dominance. This return to pro-development leasing is a significant driver behind the optimism in the sector. energy sector.
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