Oil & Gas 360º

MAY 30, 2025

plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chevron is undergoing one of the biggest restructurings in its modern history and announced plans to reduce its global workforce by as much as 20%, or 9,000 people, by the end of 2026. (World Oil) –Chevron Corp.

Basin 130

Basin Operator Oil Barrel 130

Oil & Gas 360º

MARCH 31, 2025

Services will begin in early 2026 and be managed through SLBs Performance Live digital service delivery centers. First production is targeted in 2028. We will also leverage the strategic investments weve made in local talent and supply chains in Mexico, which will help support the on-time delivery of this project.

Topsides 130

Topsides Supply Chain Offshore Completion 130

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. Exxons net production jumped by 20% to 4.6 supermajor generated $13.0 billion for the same period of 2024.

Basin 130

Basin Upstream Oil Offshore 130

Oil & Gas 360º

MAY 15, 2025

The estimate for full-year 2026 demand growth is also close to the 2025 forecast and to last months already slashed projections760,000 bpd. shale production for the second month in row. Last months projection was slashed by 300,000 bpd from IEAs forecast from March, following the U.S. tariff offensive in early April. Despite the U.S.-China

Oil 130

Oil Upstream Barrel E&P 130

Oil & Gas 360º

APRIL 28, 2025

(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. per barrel WTI and $4.28

Completion 130

Completion Operator Hydraulic Fracturing Natural Gas 130

Oil & Gas 360º

APRIL 29, 2025

. “By leveraging cutting-edge intellectual property, these asset integrity management solutions provide industry-leading gas quality assurance capabilities to customers while providing a platform for future growth as we partner with Flotek to explore applications of this technology across other industry verticals. ProFrac Holding Corp.

Exploration and Production 130

Exploration and Production Natural Gas E&P E&A 130

Oil & Gas 360º

MARCH 10, 2025

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. times by year end 2026. million acres in Alberta.

Energy 130

Energy Exploration and Production Energy Natural Gas 130

Oil & Gas 360º

JUNE 3, 2025

mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 mboe/d); Q1 2025 average Permian production of 14.5 per share annually ($0.33 per share quarterly). billion which equates to less than 1.0x mboe/d) Approximately 16.1

Royalty 130

Royalty Energy Energy Basin 130

Rextag

MAY 5, 2025

Chevron Corporation, one of the worlds leading integrated energy companies, has announced the start of oil and natural gas production from the Ballymore subsea tieback project, located in the deepwater Gulf of America. holding a 60% working interest, with TotalEnergies E&P USA, Inc. owning the remaining 40%.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Permian Basin Oil and Gas Magazine

JUNE 1, 2025

The private equity sponsored E&P was able to garner such a large premium for its land because high consolidation over the last few years has left few attractive private companies for the public E&Ps to target. Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV.

Upstream 52

Upstream E&P E&A Natural Gas 52

Rextag

APRIL 24, 2025

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Bcf/d by 2026. EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. According to the U.S. billion cubic feet per day (Bcf/d) in 2024 to 7.0

Gas 52

Gas BCF BBL Exploration and Production 52

Rextag

MAY 8, 2025

Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. Production and Operations Performance Oil and gas output was resilient, underpinned by high asset reliability.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

APRIL 24, 2025

Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 Bcf/d by 2026. EOGs Dorado wells consistently deliver strong initial production (IP) rates, ranging from 20 to 24 MMcf /d over 24-hour tests. According to the U.S. billion cubic feet per day (Bcf/d) in 2024 to 7.0

Gas 40

Gas BCF BBL Exploration and Production 40

Oil & Gas 360º

MAY 7, 2025

That 2026 budget will be trimmed if necessary, Kruger said. per share, on Tuesday that beat analysts expectations, and achieved its highest-ever first-quarter production of 853,000 barrels per day. The company aims to grow earnings from that network by C$200 million by the end of 2026. billion ($4.43 billion) to C$6.3

IT 130

IT Oil Refinery Petroleum 130

Oil & Gas 360º

MAY 19, 2025

oil production despite President Donald Trumps drill, baby, drill slogan. oil production is being accelerated and could be sooner than previously expected. crude oil production in which the slowdown in shale would be partly offset by rising output from the U.S. production overall would peak between 2027 and 2030.

Oil 130

Oil Crude Oil Basin Barrel 130

Oil & Gas 360º

MAY 15, 2025

In the report, OPEC said it expected investment in exploration and production outside OPEC+ in 2025 to decline by about 5% year-on-year. OPEC left its forecasts for global oil demand growth unchanged in 2025 and 2026, after reductions last month citing the impact of first-quarter demand data and trade tariffs. .

Oil 130

Oil Exploration and Production E&P Barrel 130

Oil & Gas 360º

MAY 14, 2025

In the report, OPEC said it expected investment in exploration and production outside OPEC+ in 2025 to decline by about 5% year-on-year. In 2024, investment rose by about $3 billion year-on-year to reach $299 billion, OPEC said.

Oil 130

Oil E&P Exploration and Production Upstream 130

Oil & Gas 360º

JUNE 11, 2025

sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. million bpd in 2026 from about 13.42 million bpd in 2026 from about 13.42 The production forecast for next year represents a drop of 120,000 bpd from the agency’s previous projections in May. (World Oil) – The U.S.

Oil 130

Oil Exploration and Production Drilling rig Barrel 130

Oil & Gas 360º

MARCH 12, 2025

He has urged energy companies to boost fossil fuel production and promised to bring down prices for consumers. oil production to plateau by the end of this decade, an outlook echoed by Vicki Hollub, CEO of Occidental Petroleum Corp. It raised its 2026 forecast 300,000 bpd from a previous outlook, to 13.76 million bpd.

Energy 130

Energy Energy Natural Gas Exploration and Production 130

Oil & Gas 360º

MARCH 13, 2025

Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million bpd in 2026. Trump wants increased production because he wants lower energy prices and that stands in direct opposition to expanding investments in oil and gas. But there is an obvious problem here.

Energy 130

Energy Energy Oil Crude Oil 130