Oil & Gas 360º

MAY 5, 2025

The bank now expects Brent crude to average $60 per barrel for the rest of 2025 and $56/bbl in 2026 down by $2 from its previous estimate. It has also cut its forecast for West Texas Intermediate (WTI) crude by $3/bbl, now projecting it to average $56/bbl for the remainder of 2025 and $52/bbl in 2026.

BBL

BOE Report

MARCH 19, 2025

Energy Information Administration on Wednesday forecast that Alaska’s annual crude oil production will increase in 2026, a first since 2017 and, if realized, the largest since 2002.

Crude Oil

Oil & Gas 360º

JUNE 4, 2025

(World Oil) –Banks are staying confident in long-term energy fundamentals despite significant trade policy turbulence, according to the Spring 2025 Haynes Boone Energy Bank Price Deck Survey. Looking ahead to 2035, banks predict oil prices will hover in the $56.24-$57.24/bbl per barrel from $61.89 per barrel in Fall 2024.

BBL

Oil & Gas 360º

MARCH 19, 2025

(Oil Price) –The tariff wars and high spare capacity, mostly from the OPEC+ producers, are skewing the oil price risk to the downside in the medium term, according to Goldman Sachs. Earlier this week, Goldman Sachs cut its year-end forecast for Brent Crude prices, citing expectations of slower U.S.

Oil

Oil & Gas 360º

MAY 15, 2025

(Oil & Gas 360) – Calgary, Alberta (May14, 2025) Strathcona Resources Ltd. The Kakwa Sale is expected to occur early in the third quarter of 2025, subject to receipt of regulatory approvals and the satisfaction of other customary closing conditions. Strathcona has $5.5 billion (from $1.35

BBL

Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. The transaction is expected to close before May 30, 2025. The transaction is expected to close before May 30, 2025.

Exploration and Production

Oil & Gas 360º

APRIL 23, 2025

(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves (2) , driving estimated average volumes over 41,600 boe/d (1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4

Gas

Egypt Oil & Gas

MARCH 25, 2025

This came during the General Assembly meeting of Khalda Petroleum Company to discuss and approve the amended investment budget for FY 2024/25, and the new budget for FY 2025/26. Among the most prominent of these discoveries are the West Fewebs-1X well with a production capacity of 6,400 barrels of oil per day (bbl/d) and 25.5

Petroleum

Rextag

MAY 15, 2025

Permian Resources Corporation, a leading pure-play operator in the Delaware Basin, has reported strong first-quarter 2025 financial and operational results and announced a strategic bolt-on acquisition of APA Corporations Northern Delaware Basin assets for $608 million. Realized Pricing: Oil: $70.48/bbl bbl Natural gas: $1.35/Mcf

Basin

Rextag

FEBRUARY 24, 2025

oil and gas industry is experiencing one of its most transformative periods. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. crude oil investments.

Basin

Rextag

JUNE 2, 2025

Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. In 2025, crude and condensate output is projected to rise by 200,000 barrels per day (b/d), reaching 6.6

Basin

Oil & Gas 360º

JUNE 19, 2025

While its base case is that Brent declines to around $60/bbl in Q4 assuming no supply disruptions, Goldman said the $10/bbl premium appears justified in light of its lower Iran supply scenario where Brent spikes just above $90, and tail scenarios where broad regional oil production or shipping is negatively affected.

Barrel

Oil & Gas 360º

APRIL 15, 2025

benchmark oil price, WTI Crude , has now slumped to levels that American producers have flagged are below their breakeven price. oil supply forecast for this year by 150,000 bpd, with U.S. However, conventional oil projects remain on track, with total non-OPEC+ supply expected to rise by 1.3 mb/d in 2025, the IEA said.

Oil

Oil & Gas 360º

APRIL 4, 2025

(Investing) –Oil prices have plummeted to their lowest levels in more than three years, as China retaliates against President Trumps tariffs, intensifying the ongoing trade war and unsettling global markets. Brent Oil Futures dropped 7.6% a barrel at 14:05 GMT, while Crude Oil WTI Futures fell 8.4%

Oil