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PA IFO 1Q25 Report: Production Up 3%, NatGas Spot Price Up 117%

Marcellus Drilling News

Two days ago, the Pennsylvania Independent Fiscal Office (IFO) released its latest quarterly Natural Gas Production Report for January through March 2025 (full copy below). There were 93 new horizontal wells spud (drilled) in 1Q25, a decrease of 7 wells (-7%) compared to 1Q24.

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Pantheon Resources spuds Dubhe-1 well in Alaska

Oilfield Technology

Oilfield Technology’s May/June 2025 issue The May/June 2025 issue of Oilfield Technology includes articles on reducing methane emissions, smart infrared technology, the challenge of torsional vibrations, flow control, upstream sensing, and water treatment. Please sign in or register for free.

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Top 5 Trends Reshaping Oil & Gas Strategy in 2025

Oil Gas Leads

wells), and applying AI to extract common themes, here are the top five trends transforming oil & gas strategy for the remainder of 2025. shale sector is innovating at every step: Permian Resources cut average cycle time by 16%, reaching just 13 days spud-to-release. It’s no longer about chasing barrels at any cost.

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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. oil production, delivering approximately 1.2–1.3 MMbbl/d) despite declining inventory in tier-one acreage.

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Top 5 Strategic Trends APA Is Focusing On in 2025

Oil Gas Leads

2025 progresses, APA Corporation (NASDAQ: APA) is sharpening its focus on operational efficiency, disciplined capital deployment, and portfolio optimization. Development timelines are accelerating, with some blocks showing <14-day spud cycles. Key strategies include: Operating 8 rigs across the Midland and Delaware sub-basins.

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Top 5 Diamondback Energy Trends to Watch in Late 2025

Oil Gas Leads

As Diamondback Energy heads into the second half of 2025, the company stands at the intersection of consolidation, capital discipline, and operational transformation. After a whirlwind year defined by mega-acquisitions and volatile oil prices, the remainder of 2025 is all about execution.

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SS-2H IP60 Flow Rate Sets Beetaloo Basin Record

Rigzone

Tamboran also said it had commenced the three-well 2025 Shenandoah South Pilot Project drilling program with the spudding of the Shenandoah South 4H well. million cubic feet per day. million cubic feet per day. million cubic feet per day (MMcf/d), a Beetaloo Basin record. million cubic feet per day (MMcf/d), a Beetaloo Basin record.

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