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USA EIA Reveals Latest USA Crude Oil Production Forecast

Rigzone

million barrels per day across 2025 and 2026. million barrels per day in the first quarter of 2026, 13.48 million barrels per day in the first quarter of 2026, 13.48 million barrels per day of the total 2026 figure. million barrels per day of the total 2026 figure. million barrels per day of the total 2026 figure.

Crude Oil 101
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Carnarvon Wraps Major Seismic Project off Australia Ahead of 2026 Drilling Ops

Offshore Engineer

Carnarvon Energy has completed a major seismic reprocessing project across the Bedout Sub-basin, offshore Australia, in collaboration with its joint venture partners…

Basin 68
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ADNOC Drilling secures five-year, $800 million contract for oilfield services

Oil & Gas 360º

As we continue our transformation, we are proud to support the nation’s strategic energy goals and reinforce our position as a leader in integrated drilling and completion solutions.” The economic and financial impact of this contract further reaffirms the 2025 guidance and the 2026 revenue guidance.

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EIA expects decline in U.S. production this year from previous forecast

Permian Basin Oil and Gas Magazine

producers slowing their drilling and completion activity this year. million b/d in both 2025 and 2026.” In its Short-Term Energy Outlook released Tuesday, EIA said, “Declining oil prices have contributed to U.S. As a result, we forecast U.S. crude oil production will decline from an all-time high of just over 13.4

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Eagle Ford in Retreat: EIA Forecast Signals Slowdown in 2026

Oil Gas Leads

The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S.

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Northwind Midstream receives approval for additional AGI well in Lea County

Permian Basin Oil and Gas Magazine

It will be Northwind’s third AGI well to increase the company’s total permitted daily injection capacity to about 37 million standard cfd of total acid gas when completed in 2026. Northwind said it will further expand total treating capacity to 400 million cfd by 2026.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

This procedure has been used once on CCS licenses, specifically for the Hontomín Pilot Project, which took about eight years to complete. Gassnova participated in the feasibility studies in 2016 and completed the front-end engineering and design (FEED) studies for the CO 2 storage project in September 2019.