Oil & Gas 360º

APRIL 21, 2025

(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders.

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Rigzone

JUNE 9, 2025

has begun production at the Weizhou 5-3 oilfield in the South China Sea, its seventh announced startup offshore China in 2025. Weizhou 5-3 is expected to reach a peak output of about 10,000 barrels a day next year, the state-backed oil and gas explorer and producer said in an online statement Monday. The field produces medium crude.

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Oil & Gas 360º

MAY 14, 2025

Citing an analysis by University of Southern California professor Michael Mische, the letter warns that gas prices could spike 75% by 2026 reaching as high as $8.43 by the end of 2026 after the second. per gallon if two major refineries are allowed to shut down as planned. Professor Misches projections are stark.

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Oil & Gas 360º

MAY 22, 2025

From decarbonisation strategies and circular economy integration to advancements in petrochemicals production and sustainable fuels, PRC Europe 2025 offered a comprehensive overview of the trends shaping the future of energy processing in Europe. On the first day, one of the key themes was building a low-carbon hydrogen ecosystem.

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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.

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Daily Energy Report

MAY 14, 2025

May 14, 2025 Chart of the Day EOA: OPEC Production Declined in April! OPEC anticipates a 5% drop in non-OPEC+ exploration and production investment in 2025, despite a $3 billion rise in 2024. OPEC+ production declined by 106 kb/d in April, mainly due to Kazakhstan, which has struggled to meet its quotas.

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Exploration and Production Energy Energy Drivers 97

Oil & Gas 360º

MARCH 26, 2025

Within Exploration & Production, 4Q results brought divergent performance across the group. Henry Hub, 17% below the 12-month strip and -25% vs 2026 MS forecast of ~$5, Morgan Stanley said. In general, this strength has been led by more defensive pockets of the sector (large cap producers, majors, midstream) and natural gas.

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E&P Energy Energy Exploration and Production 130

Egypt Oil & Gas

MARCH 27, 2025

The Cabinet approved the draft budget for the fiscal year 2025/2026, which is set to be forwarded to the House of Representatives (the Parliament) for discussion and endorsement. The post Cabinet Approves 2025/2026 Budget with Allocations for Petroleum Sector first appeared on Egypt Oil & Gas. In addition, some EGP 679.1

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Petroleum Exploration and Production Natural Gas Education 52

Rigzone

JUNE 16, 2025

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. DNO noted that it has four development wells and one exploration well planned in the period through 2026.

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Energy Energy Exploration and Production Field 67

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.

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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.

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Rigzone

JUNE 10, 2025

“It offers significant long-term potential, with access to over 7 trillion cubic feet of natural gas resources and future opportunities for production capacity expansion”, Malaysia’s state-owned Petronas said then. In the chemicals sector, the five-year plan aims to build a top-three player.

Gas 95

Gas Natural Gas Exploration and Production Completion 95

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

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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

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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.

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Energy Energy Exploration and Production Natural Gas 130

Rigzone

JUNE 13, 2025

megawatt (MW) wind farm in East Ayrshire, Scotland, expecting to put the facility into production 2028. Commissioning for the solar project is targeted for the first half of 2026. The Dunaföldvár project is targeted to go onstream 2026. Image by Nicholas J. Construction will be carried out by Greening Group.

Exploration and Production 62

Exploration and Production Energy Energy Oil 62

Permian Basin Oil and Gas Magazine

JUNE 3, 2025

recently said its ProPwr division secured its first contract to commit 80 megawatts of power generation for an exploration and production operator in Permian Basin. ProPetro said May 20 that asset deployment is scheduled to begin in 2025 third quarter and continue through 2026. Midland-based ProPetro Holding Corp.

Exploration and Production 52

Exploration and Production Basin Utilities Field 52

McKinsey

JUNE 16, 2025

This year’s survey respondents continued to be tepid on the prospect of OEMs achieving their current-generation production goals. On average, 81 percent of those surveyed expressed zero to moderate confidence in the ability of airframers to hit their production targets for 2026 and 2027.

Supply Chain 62

Supply Chain Exploration and Production Casing Maintenance 62

Enverus

APRIL 23, 2025

After seeing a wave of reorganization previously when crude lost its footing, companies have kept debt levels in check, been conservative about growing production and made judicious use of hedges. That is a challenge for companies that want to use deals principally to extend overall inventory life.

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Upstream E&P E&A Natural Gas 162

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

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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.

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Exploration and Production Natural Gas E&P E&A 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. This reduces our development costs and is expected to drive higher returns for shareholders.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Oilholics Synonymous Report

SEPTEMBER 18, 2024

However, as Day I of Gastech - which is formally running from September 17 to 20 - kicked off on Tuesday, energy bosses bemoaned the lack of clarity and consistency from Washington on policy matters pertaining to natural gas exploration and LNG permits. All at a time when oil prices are currently lurking around 2021 lows.

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Natural Gas Energy Energy Gas 130

Oil & Gas 360º

APRIL 23, 2025

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

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Gas Oil Exploration and Production BBL 100

Oil Gas Leads

JUNE 5, 2025

This surge comes despite volatile natural gas prices, signaling rising operator confidence that LNG exports will transform the market heading into 2026. By late 2025, Shell expects its Montney production will flow into the LNG facility, significantly improving netbacks and unlocking future development.

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Exploration and Production Natural Gas Gas Utilities 52

Oil Gas Leads

APRIL 30, 2025

Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1 Bcfe While volumes were slightly down YoY due to timing of completions, the resumption of activity in late 2024 and high initial production rates from new wells promise stronger volumes ahead.

Natural Gas 52

Natural Gas Basin Midstream Exploration and Production 52

Valor

APRIL 21, 2025

Record-breaking production and soft near-term demand continue to pressure prices, although strong LNG export demand offers longer-term support. natural gas production remained flat in 2024 Summary : In 2024, U.S. marketed natural gas production remained nearly flat at 113 Bcf/d, with Permian output rising 12% to 25.4

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BCF Energy Energy Natural Gas 52

AWS: Energy (Oil & Gas)

JUNE 2, 2025

Effective carbon measurement involves monitoring and reporting carbon emissions across processes from production to transportation and waste management. Compliance requirements start with the reporting obligations from 2023 and will eventually include financial obligations from 2026 as the system phases in. Gt CO2 or XX% change)?

Exploration and Production 64

Exploration and Production Supply Chain Sustainable Sustainability 64

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.

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Exploration and Production Energy Energy Basin 40

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3

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Basin Oil Gas Exploration and Production 40

Permian Basin Oil and Gas Magazine

JUNE 1, 2025

After seeing a wave of reorganization previously when crude lost its footing, companies have kept debt levels in check, been conservative about growing production and made judicious use of hedges. That is a challenge for companies that want to use deals principally to extend overall inventory life.

Upstream 52

Upstream E&P E&A Natural Gas 52

Oil Gas Leads

MAY 12, 2025

By 2028, Exxon expects to have its first data center site operational, and fully decarbonized by 2029a sign of how energy production and digital infrastructure are becoming tightly linked. Well have a steady drumbeat of these [LNG] projects NFE in 2026, then Port Arthur, NFS, and Willow in 2029, said OBrien.

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Operator Gas Oil Exploration and Production 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 40

Gas BCF BBL Exploration and Production 40

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

So, the longer the laterals connected to each vertical hole, the more of the formation is exposed to production. Raoul LeBlanc That formula has also led producers to push the boundaries of technology in several facets of production. Obviously, drillers must be able to drill further and further out, which in itself is a huge challenge.

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Completion IT Oil Basin 59

The Energy Law

JANUARY 28, 2021

Iowa Production, et al. That provision can be found at Louisiana Revised Statute § 30:2026. In 2003, the Louisiana Supreme Court rendered its landmark decision in Corbello, et al. Since then, Louisiana courts have seen a steady stream of “legacy litigation” claims being filed.

E&A 40

E&A Exploration and Production Education Operator 40

Rextag

FEBRUARY 13, 2025

Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil. billion in structural cost reductions in 2024, part of a broader target of at least $2 billion in annual savings by 2026. leveraging waste emissions as a clean, profitable feedstock.

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Oil Gas Exploration and Production IT 40