Oil & Gas 360º

JUNE 4, 2025

Oil forecasts show the immediate market impact from the approximately $10 per barrel drop in April 2025, with banks reducing their 2025 price projection to $58.30 per barrel from $61.89 per barrel in Fall 2024. After 2027, they expect prices to ease as U.S. Banks expect natural gas prices to stay strong, in the $3.50-$3.75/MMbtu

Natural Gas 130

Natural Gas BBL Barrel Oil 130

Oil & Gas 360º

MARCH 4, 2025

In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030. million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035. billion$2 billion a year, which is over $5 billion per year lower than the previous guidance.

Oil 130

Oil Upstream Management Consulting 130

Enverus

APRIL 8, 2025

We expect WCSB oil production will fill existing pipeline capacity by 2027. Total company-disclosed proved oil reserves amount to about 30 billion barrels which breaks-even at prices lower than $50 WTI. Total company-disclosed proved oil reserves amount to about 30 billion barrels which breaks-even at prices lower than $50 WTI.

Oil 130

Oil Basin Barrel Natural Gas 130

Oil Gas Leads

MAY 11, 2025

The Cost Curve Advantage but Only if You Keep Drilling Ryan Lance (ConocoPhillips) underscores the advantage of inventory depth: We have decades of inventory below our $40 per barrel WTI cost of supply threshold this optionality is what separates the inventory haves from the have nots. production would peak between 2027 and 2030.

Sustainable 52

Sustainable Sustainability Oil Basin 52

Oil & Gas 360º

MAY 15, 2025

billion in 2027 2029, before returning to sustaining expected capital of $0.8 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 $1.2

BBL 130

BBL Natural Gas Oil Operator 130

Oil Review Middle East

APRIL 23, 2025

This strategic pivot, alongside the OPEC+ decision to cap Aramcos oil production at 12 million barrels per day by 2027, is designed to support price stability while increasing domestic gas consumption. Saudi Arabia is stepping up investment in natural gas as a cleaner, lower-carbon alternative to oil and coal.

Natural Gas 59

Natural Gas Gas Downstream Oil 59

Egypt Oil & Gas

MARCH 17, 2025

The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. The project is expected to achieve a peak production of approximately 12,000 boe/d in 2027. It has 13 development wells are planned to be put into production.

Field 52

Field Associated Gas Crude Oil Gas 52

Oil & Gas 360º

APRIL 15, 2025

Amplify standalone hedge book: 2025 2026 2027 Natural Gas Swaps: Average Monthly Volume (MMBtu) 585,000 500,000 137,500 Weighted Average Fixed Price ($) $ 3.75 $ 3.79 $ 4.01 Juniper standalone hedge book: 2025 2026 2027 Oil Swaps: Average Monthly Volume (Bbls) 68,750 38,500 Weighted Average Fixed Price ($) $ 71.83 $ 66.79

Energy 130

Energy Energy Natural Gas Oil 130

Oil Gas Leads

APRIL 29, 2025

billion in reserve equivalent to $10 per barrel of oil price sensitivity. per barrel for 2025 , reflecting a cautious outlook while retaining operational agility. BP emphasized that market volatility is not new to the sector and highlighted its capital flexibility , maintaining around $2.5 billion (up from $1.2

Oil 52

Oil Exploration and Production Drilling rig Consulting 52

Oil Gas Leads

MARCH 8, 2025

The EPIC acquisition will allow them to shift these barrels onto their own network , capturing better margins and improving logistics efficiency. Phillips 66 currently moves 125% of its Sand Hills pipeline capacity , meaning they have been forced to ship volumes on third-party systems. We recognize our capital constraints.

Basin 52

Basin Midstream Pipeline Oil 52

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. USD ($0.7466 USD to $1.00 GJ to $3.35/GJ.

Gas 100

Gas Oil Exploration and Production BBL 100

Oil Gas Leads

MARCH 11, 2025

Jim Teague on Export Growth: “We exported over 70 million barrels of hydrocarbons in December. Our goal is to export over 100 million barrels a month by 2027.” Morgans Point Terminal Expansion Increasing ethane and ethylene export capacity. ” The rise in U.S.

Midstream 52

Midstream Pipeline Natural Gas Gas 52

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). This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%. increase from 1,056 mb/d in Q1 2024. shale basins.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rigzone

JUNE 6, 2025

million barrels of oil equivalent per day by 2030, “with capacity to increase further to 2035” BP pointed out in its release that the Shah Deniz Compression project is valued at $2.9 billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.

Exploration and Production 52

Exploration and Production Field Upstream Gas 52

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.

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. Mayes Middleton, sponsor of S.B.

Basin 52

Basin Abandonment Operator Oil 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. a barrel, while the spread between the December 2025 contract and the December 2026 contract widened by 10 cents to $0.53.

Oil 130

Oil Barrel Abandonment IT 130

Oil & Gas 360º

MAY 28, 2025

(Investing) –LONDON/MOSCOW -OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday could agree a further accelerated oil output hike for July. Angola quit the group in 2024 over a disagreement on its production target.

Mechanic 130

Mechanic Barrel Oil Petroleum 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

OilPrice

MAY 26, 2025

million barrels per day (bpd) to 2.4 million bpd by 2027, according to estimates from the U.S. energy executives are forecasting a significant increase in offshore oil production under a potential second Trump administration, attributing this to streamlined permitting processes, sustained investments, and technological advancements.

Offshore 337

Offshore Oil Barrel Sustainable 337

Oil & Gas 360º

MAY 19, 2025

benchmark WTI crude prices at $60 per barrel, its mostly hold, baby, hold in the American shale patch, where output in the major basins except the Permian has already started to level off or drop. production overall would peak between 2027 and 2030. oil production despite President Donald Trumps drill, baby, drill slogan. With the U.S.

Oil 130

Oil Crude Oil Barrel Basin 130

Oil & Gas 360º

APRIL 23, 2025

Elliott is pushing bp to prioritize achieving $20 billion in annual free cash flow by 2027, 40% higher than the companys current target, the Financial Times reported on Tuesday. One key requirement of the companys target for boosting cash flow and improving returns was an oil price of $70 a barrel, which is above current levels.

IT 130

IT Oil Management Barrel 130

Oil & Gas 360º

MAY 16, 2025

That means the bulk of Canadian oil about 4 million barrels per day or 90% is exported to the U.S. The expansion, which began operations on May 1, 2024, tripled the pipelines capacity to 890,000 barrels per day and opened opportunities for Canadian oil along the U.S. via pipelines that run north-south. The C$34 billion ($24.40

Pipeline 130

Pipeline Barrel Oil Operator 130

Oil & Gas 360º

MAY 12, 2025

The facility has the capacity to store about 727 million barrels and currently holds about 399 million barrels. Biden, a Democrat, sold a record 180 million barrels from the SPR in 2022 after Russia, a leading oil producer, invaded Ukraine, bringing the reserve down to its lowest level in 40 years.

Petroleum 217

Petroleum Barrel Oil Maintenance 217

Valor

APRIL 7, 2025

Oil prices continue to fall Summary : Oil prices dropped significantly, with WTI briefly falling below $60 per barrel amid escalating U.S.-China This strategy aims to boost annual adjusted free cash flow by over 20% and achieve returns on average capital employed above 16% by 2027. per barrel. China trade tensions.

Energy 52

Energy Energy Oil Gas 52

Valor

MARCH 31, 2025

per barrel and WTI gaining 0.68% to $69.83, as investors reacted to President Trump’s threats of 25%-50% secondary tariffs on Russian oil buyers and possible military action against Iran over its nuclear program. million bpd in 2025, but experts foresee a peak between 2027 and 2030. crude output is expected to reach 13.61

Energy 52

Energy Energy Barrel Oil 52

Oil & Gas 360º

MARCH 13, 2025

million barrels per day (bpd) in 2025 and climb further to 13.76 producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. oil prices are currently around $68 a barrel. million bpd in 2026. But there is an obvious problem here. The CEO of U.S. Benchmark U.S.

Energy 130

Energy Energy Oil Crude Oil 130

Oil & Gas 360º

APRIL 17, 2025

The project was expected to start producing power in 2027. output accounting for 341,000 barrels of oil equivalent per day in 2024. . “Proceeding with the project without any tax credit, is probably a worst-case scenario for Equinors shareholders, he said. “As Governor, I will not allow this federal overreach to stand. .”

Offshore 130

Offshore Finance Energy Energy 130