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The Canadian oil sands’ low-breakeven resource advantage

Enverus

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.

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Phillips 66 Doubles Down on Permian Basin Growth with EPIC Acquisition and New Processing Expansions

Oil Gas Leads

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. The EPIC acquisition will allow them to shift these barrels onto their own network , capturing better margins and improving logistics efficiency. energy production. We recognize our capital constraints.

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U.S. Oil Production: Low-Cost Inventory and the Need for Sustained Activity

Oil Gas Leads

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.

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CNOOC Starts Production from Two Oilfields

Egypt Oil & Gas

The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. Wenchang 19-1 Oilfield Phase II Project is located in the western part of the Pearl River Mouth Basin, with an average water depth of approximately 125 meters.

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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

The Permian Basin continues to solidify its role as the driving force behind U.S. Expansion of sour gas treating facilities in the Delaware Basin. As drilling intensifies in the Delaware Basin , the ability to handle high-sulfur gas efficiently will be a key differentiator in the midstream market. oil and gas production.

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BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness

Oil Gas Leads

billion in reserve equivalent to $10 per barrel of oil price sensitivity. per barrel for 2025 , reflecting a cautious outlook while retaining operational agility. Top 10 Drilling Rigs by Total Activity (Q1 2024 + Q1 2025) BP and its offshore peers continued to rely on leading rigs across multiple basins. billion (up from $1.2

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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

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