Remove 2025 Remove Active Well Remove Barrel
article thumbnail

EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

Oil & Gas 360º

(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Average annual crude oil production in Alaska peaked at 2.0

Crude Oil 130
article thumbnail

A Strategic Fit: Scout Energy & High River Resources

Oil Gas Leads

As of January 2025, the county produced approximately 25,300 barrels of oil and 265,900 MCF of natural gas. With 1,800 active wells and 16,200 drilled wells, it ranks #119 in oil and #110 in gas production statewide. In January 2025, the county produced around 11,300 barrels of oil and 1.6

Energy 52
article thumbnail

Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Our shift from cash outflow in 2023 to cash generation in 2024 has been important, and in 2025 we expect the cash generated by the Tawke PSC to continue to cover our costs. Three wells that were drilled last year, but not completed due to the closure of the pipeline, were brought onstream mid-year to meet demand from domestic traders.

Energy 66