Oil & Gas 360º

MAY 15, 2025

billion in 2026 and $1.1 $1.2 In light of low current oil prices, Strathconas updated long-range plan reflects a deferral of the sanction of the Lindbergh Phase 2 expansion project from 2026 to 2027 to prioritize near-term free cash flow generation. billion in 2026 and $1.1 Capital expenditures are expected to average $0.9 $1.0

BBL 130

BBL Natural Gas Oil Operator 130

Oil & Gas 360º

APRIL 23, 2025

Conventional / Mississippian Development Highlights Saturns 11-04 Frobisher Mississippian well at Browning in southeast Saskatchewan realized a record initial production rate after 30 days ( IP30 ) of approximately 340 barrels per day ( bbls/d ) based on a sample set of approximately 100 wells. GJ to $3.35/GJ.

Gas 100

Gas Oil Exploration and Production BBL 100

Oil & Gas 360º

MARCH 10, 2025

times by year end 2026. Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

Oil Gas Leads

MAY 2, 2025

This was part of a global 20% increase in production, fueled by: The Pioneer Natural Resources acquisition Continued development in the Permian Basin Structural cost savings and operational efficiencies Permian production alone helped add 767,000 barrels of oil equivalent per day (boe/d) to Exxons total output, a significant portion of its 4.55

Upstream 52

Upstream Basin Consulting Engineer 52

Rextag

APRIL 24, 2025

Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 billion cubic feet per day (Bcf/d) in 2024 to 7.0 Since 2020, Austin Chalk gas output has nearly tripled to 1.8

Gas 52

Gas BCF BBL Exploration and Production 52

Rextag

APRIL 24, 2025

Bcf/d by 2026. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 billion cubic feet per day (Bcf/d) in 2024 to 7.0 Since 2020, Austin Chalk gas output has nearly tripled to 1.8

Gas 40

Gas BCF BBL Exploration and Production 40

Rextag

MAY 8, 2025

Equinor Q1 2025 Performance Total Equity Production: 2,123 mboe/day Equinors total equity production in the first quarter of 2025 was 2,123 thousand barrels of oil equivalent per day (mboe/d). Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1% increase from 1,056 mb/d in Q1 2024. shale basins.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

FEBRUARY 24, 2025

MMBbl/d, maintaining stable levels through 2026. 2025 Strategy and Outlook Alaska's Willow Project Development: Construction and drilling will accelerate throughout 2025, with the first production expected in 2026. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel.

Basin 40

Basin Oil Gas Exploration and Production 40

Iraq Business News: Oil & Gas

JUNE 21, 2025

CEO Jon Harris reported strong performance so far this year, with gross average production of approximately 44,900 barrels of oil per day (bopd) supported by steady local demand and optimisation efforts. The company paid a $25 million [approx. billion] interim dividend in April and remains debt-free with $100 million [approx.

Shutdown 59

Shutdown Petroleum Field Pipeline 59

Oil & Gas 360º

JUNE 12, 2025

(Investing) – JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the low-to-mid $60s through 2025 and $60 in 2026, but said certain worst-case scenarios could send prices surging to double those levels. million barrels per day reduction in Iranian oil exports.

Oil 130

Oil Casing BBL Barrel 130

Oil & Gas 360º

APRIL 15, 2025

million barrels per day (bpd) this year, lower by 260,000 bpd than the growth expected last month, the International Energy Agency (IEA) said on Tuesday, citing lower-than-forecast production from the United States and Venezuela. million bpd in 2025 to 960,000 bpd growth in 2026, when offshore projects will take the lead.

Oil 130

Oil BBL Offshore Barrel 130

Oil & Gas 360º

APRIL 4, 2025

a barrel at 14:05 GMT, while Crude Oil WTI Futures fell 8.4% bbl Brent forecast for 2H25 for now,” Morgan Stanley commodity strategists said. In 2026, JPM expects continued surpluses to push Brent prices below $60 by the end of the year, with an average Brent forecast of $61 and WTI at $57. Brent Oil Futures dropped 7.6%

Oil 130

Oil Crude Oil BBL Barrel 130

Oil Review Middle East

MAY 13, 2025

US President Trumps visit to the Middle East has the potential for significantly impacting oil markets, according to energy consultancy Rystad Energy Brent oil is hovering around US$65/bbl, buoyed by progress made on US-China trade negotiations, which have also eroded some demand side pessimism.

Refinery 52

Refinery Consulting BBL Oil 52

Enverus

APRIL 15, 2025

We’ve seen Brent and WTI plummet by roughly $10-$15 per barrel, primarily due to fears of a global economic slowdown and the impending recession triggered by President Trumps tariffs. Based on EIR’s models, sustaining prices of $65/bbl Brent in Q2, or $60/bbl WTI, imply a market imbalance of around 2 million barrels per day.

Oil 130

Oil BBL Barrel Transportation 130