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During June 2025, Keddington produced a total of 992 bbl of oil over 23 days of timed pumped production averaging 10.4 h/d with an average flow-rate of 43 bpd gross during the period.
Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion during FY 2024/25. The post Khalda Petroleum Investments to Reach $1B in 2024/25 first appeared on Egypt Oil & Gas.
million in common shares of Tourmaline Taken together, the disposed assets generated $149 million of operating earnings in 2024 (12% of total Strathcona YE 2024 operating earnings, excluding interest and other corporate items) and had a YE 2024 proved PV-10 before-tax of approximately $2.3 (Tourmaline) for $291.5
The operational performance delivered from the Tawke and Peshkabir fields, together with the significant cost efficiency, continues to set these fields apart from others in the region.
Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A
Permitting data reflects the shift : H1 2024: 466 new well permits H1 2025: 316 permits (–32% YoY) Diamondback has made it clear: it will flex spending up or down depending on market conditions. This move isn’t about shrinking—it’s about maximizing free cash flow amid price uncertainty.
million shares since the programs launch in August 2024, or ~4% of outstanding Recognized by The Financial Times as the fastest growing energy company across all of the Americas Calgary, Alberta(Newsfile Corp. million shares since the programs launch in August 2024, or approximately 4% of the common shares outstanding at that date.
Genel Energy has announced its audited results for the year ended 31 December 2024. Paul Weir, Chief Executive of Genel, said: " In 2024, we demonstrated further progress on our journey of building towards delivering resilient, diversified cash flows. Production costs (17.6) (18.0) EBITDAX1 1.1 Operating loss (52.4) (10.3) EBITDAX1 1.1
billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). In 2024, the company produced about 475 MMcf /d in the countyan impressive 74% of which came from Austin Chalk wells. Bcf/d by 2026. Whos Leading the Charge?
.” State 36-2R well evaluation The Zephyr team has conducted an integrated post well evaluation incorporating all geological, geophysical and engineering data gathered from the State 36-2R well and from the greater field area. The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. net wells).
billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). In 2024, the company produced about 475 MMcf /d in the countyan impressive 74% of which came from Austin Chalk wells. Bcf/d by 2026. Whos Leading the Charge?
The Al Shaheen oilfield is a production field off the north-east coast of Qatar, 80 km north of the capital, Doha. The field is operated by North Oil Company, a joint venture between QatarEnergy (70%) and TotalEnergies (30%).
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6 billion 1.
Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%.
Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. 2024 Production: 6.3 2024 Production: 6.3 MMBbl/d production increase in 2024. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5
Gulf Keystone Petroleum (GKP) today announced its results for the full year ended 31 December 2024. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. bbl, with prices stabilising in a range of c.$27-$28/bbl bbl (2023: $40.9/bbl)
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