Rextag

MARCH 3, 2025

million barrels per day by 2030. Several new major oil and gas projects are set to launch by the end of 2027. The company aims to boost daily oil and gas production to between 2.3 million and 2.5 billion and $2 billion annually. Large-scale solar investments have also faced supply chain disruptions and declining profit margins.

Gas 40

Gas Oil Energy Energy 40

Permian Basin Oil and Gas Magazine

MAY 1, 2025

Texas has the potential to unlock millions of barrels of safe, treated produced water, but we must diligently build the legal frameworks that incentivize operators to invest private capital in these initiatives. When abandoned by operators, they are left to the effects of time and nature, and to the Railroad Commission to clean up.

Basin 52

Basin Abandonment Operator Petroleum 52

Oil & Gas 360º

JUNE 11, 2025

Commodity experts began warning last year that Saudi Arabia was willing to ditch its traditional role as OPEC’s swing producer by abandoning its unofficial price target of $100 a barrel in favor of increased output. Shale Patch requires WTI prices of $65 per barrel or more to drill profitably. million barrels in 2024.

Oil 130

Oil Barrel Abandonment IT 130

Oil & Gas 360º

MARCH 27, 2025

million barrels per day (bpd), a record level and nearly half the all-time high 13.5 We think that between 2027 and 2030 its likely that the U.S. Producers are dealing with rising levels of water and gas per barrel produced, which is slowing growth and driving up costs. At 12-to-1, it would be nearly $8 a barrel.

Oil 130

Oil Basin Barrel Hydraulic Fracturing 130