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OPEC tensions build as Kazakhstan’s oil production hits all-time high

Oil & Gas 360º

Total oil and condensate production rose to 2.15 Most of the increase came from Tengiz—the Chevron-led mega-field—where output surged from 813,200 bpd in May to 953,000 bpd in June. In the first half of 2025, Kazakhstan’s crude oil production (excluding condensates) averaged 1.79 million bpd in June, up from 2.02

Oil 130
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USA EIA Reveals Latest USA Crude Oil Production Forecast

Rigzone

Brent Crude $68.75 -0.77% Natural Gas $3.32 -6.98% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS USA EIA Reveals Latest USA Crude Oil Production Forecast by Andreas Exarheas | Rigzone Staff | Monday, July 21, 2025 | 8:27 AM EST The U.S. crude oil production, including lease condensate, will average 13.37

Crude Oil 101
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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

billion) all-share merger, officially announced on May 12, 2025. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5 Whitecap has revised its 2025 production guidance upward to 295,000–300,000 boe/d, with approximately 63% liquids.

Gas 52
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CanCambria Energy Corp signs Kiskunhalas concession contract

Oil & Gas 360º

(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. CanCambria Energy Corp.

Energy 130
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Inpex Granted Production Concession for UAE Block

Rigzone

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Inpex Granted Production Concession for UAE Block by Rocky Teodoro | Rigzone Staff | Thursday, June 19, 2025 | 8:56 AM EST The Japanese energy firm has been conducting exploration and evaluation activities in the block since 2018.

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Norway Gas Output Down for Fourth Consecutive Month

Rigzone

June 2025’s gas production dropped 2.2 percent compared to May 2025 and 15.5 The June 2025 figure did beat the NOD’s forecast by 3.1 “New production from the Johan Castberg field reaching plateau and Halten East contributed. In the first half of 2025, Norway produced 116.3 That consisted of 50.5

Gas 97