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

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. The design concept of intelligent oil and gas fields were used in the two new projects.

Field 52

Field Associated Gas Crude Oil Maintenance 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. Permian Market Outlook: Strong Crude & NGL Demand Phillips 66 is well-positioned to take advantage of increasing Permian production and global energy demand.

Basin 52

Basin Midstream Pipeline Operator 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 BBL Exploration and Production 100

Oil Gas Leads

MARCH 11, 2025

Pipeline Investments: Expanding Permian Takeaway Capacity With NGL and crude oil production rising , Enterprise is investing in pipeline infrastructure to ensure smooth transport from the wellhead to export hubs. Jim Teague on Export Growth: “We exported over 70 million barrels of hydrocarbons in December.

Midstream 52

Midstream Pipeline Natural Gas Gas 52

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

MAY 19, 2025

(Oil Price) –The decline in oil prices and the prevailing uncertainty about the economy, trade, and supply chains are accelerating the peak in U.S. oil production despite President Donald Trumps drill, baby, drill slogan. oil production is being accelerated and could be sooner than previously expected. With the U.S.

Oil 130

Oil Crude Oil Basin Barrel 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

Canada is the worlds fourth-largest oil producer, but its main oil-producing province of Alberta is landlocked with limited access to tidewater ports. That means the bulk of Canadian oil about 4 million barrels per day or 90% is exported to the U.S. While oil is currently exempt from U.S. 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 234

Petroleum Barrel Oil Maintenance 234

Valor

MARCH 31, 2025

Oil inches up as investors await Trump’s actions on Russian oil, Iran Summary : Oil prices edged up on Monday, with Brent crude rising 0.59% to $73.19 Large firms need $31 per barrel to cover operating expenses and $61 to profitably drill, while small firms require $44 and $66, respectively.

Energy 52

Energy Energy Barrel Oil 52

Oil & Gas 360º

MARCH 13, 2025

The United States already became the worlds top oil and gas producer under former President Joe Biden. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 million barrels per day (bpd) in 2025 and climb further to 13.76 oil prices are currently around $68 a barrel.

Energy 130

Energy Energy Oil Crude Oil 130