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One of Wyoming’s largest oil producers drilling its first 3-mile well

Oil & Gas 360º

Publisher’s Note: Anschutz Exploration will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. But in formations like those found in the Powder River Basin (PRB), the oil and gas often sit in thin, horizontal layers of rock. Anschutz Exploration Corp.,

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Williston Basin White Paper

Oil Gas Leads

Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. million barrels of oil per day as of Q1 2025. These operators collectively reflect the basin’s evolution toward capital discipline, lateral length optimization, and refrac innovation.

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Galp Expects New Field to Boost Its Production in Brazil by 40%

OilPrice

Portugal-based energy company Galp expects its oil production in Brazil to jump by 40% in the coming years as a new major field is set to begin production later in 2025, Nuno Bastos, EVP Upstream, has said. Currently, Galp holds stakes in various oilfields in the deep waters of the Santos basin in the prolific pre-salt layer offshore Brazil.

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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.

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Meet the Millennial CEOs Shaking Up the Permian Basin

Oil Gas Leads

Led by co-CEOs Will Hickey and James Walter—both under 40—Permian Resources has quickly become the largest pure-play producer in the Delaware Basin, proving that bold strategy and disciplined execution still win in a volatile market. 1762 in 2025. It’s now the largest pure-play oil company in the Delaware Basin (Texas/New Mexico).

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Diesel's Supply Crunch Leaves Market Crying Out for Barrels

Rigzone

Image by Yarphoto via iStock The world’s biggest oil product market is hungry for barrels as traders grapple with a summer supply squeeze. ” Diesel markets spiked last month when the fighting between Israel and Iran threatened millions of barrels of fuel exports from the Persian Gulf. 700K Industry Pros can’t be wrong.

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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

are also among the 37 companies that have lodged interest, with contracts due to be signed with successful bidders by the end of 2025, National Oil Corp Chairman Massoud Seliman said in an interview in the capital, Tripoli. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million bpd.