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ConocoPhillips’ New Zia Hills Facility Cuts Costs, Footprint & Emissions

Oil Gas Leads

Excited to share a major milestone from one of the Permian Basin’s top operators— ConocoPhillips has brought its Zia Hills Central Facility 2 (CF2) online in the Delaware Basin.

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Western Canada Heavy Oil Outlook 2025: Momentum Returns with TMX Tailwinds

Oil Gas Leads

Permits from January to June 2025 are up ~20% compared to the same period in 2024 (based on actuals plus forecasted June volumes). The trend is consistent across key producing areas such as Lloydminster, Cold Lake, and Peace River. Optimization + brownfield growth CNRL 810–835K ~2.8 Cost control, reliability Imperial Oil 400–430K ~2.0

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DJ Basin Update: Low-Cost Production, Rising Gas Ratios, and Strategic Shifts Amid Regulatory Pressure

Oil Gas Leads

The Denver-Julesburg (DJ) Basin continues to stand out as one of the most consolidated and cost-effective oil and gas plays in the U.S. Recent developments including record-setting drilling lengths, regulatory headwinds, and shifting capital strategies are reshaping how major and mid-sized players approach the basin in 2025.

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Permian Basin Well Permits Decline — AI Forecast Confirms Downward Trend

Oil Gas Leads

The Permian Basin, the beating heart of U.S. Based on a combination of historical data and AI-driven time series forecasting , well permit volumes from March through May 2025 are expected to total approximately 1,790 permits a sharp decline from the 2,304 permits issued during the same period in 2024.

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2024 Canadian Oil & Gas Production Snapshot

Oil Gas Leads

Canadas oil and gas sector remained resilient in 2024, with several operators reporting record-breaking production volumes. 579,173 BOE/d +11% from 2023 Suncor Energy ~600,000 BOE/d capacity Oil sands operations Mid-Size Producers (100,000 499,999 BOE/d) Company 2024 Average Production Notes ARC Resources Ltd. Vermilion Energy Inc.

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Permian Basin Drives 80% of U.S. Tight Oil Boom Since 2010

Oil Gas Leads

Over the past 15 years, the Permian Basin has transformed the landscape of U.S. Onshore Oil Production Trends (20102024) Metric 2010 2024 % Change Total Onshore L48 Production 3.4 million b/d ( 45% from 2020) Non-Permian Tight Oil (2024): 4.1 million b/d ( 45% from 2020) Non-Permian Tight Oil (2024): 4.1 million b/d 2.1

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Money Can Buy It - After Permian M&A Spree, E&Ps Throttle Growth While Integrateds Motor On

RBN Energy

The record $120 billion upstream M&A spending spree in 2024 focused on the consolidation of Permian Basin positions by the major U.S. publicly traded oil and gas companies.

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