2027 Basin E&P 
Rextag
MAY 8, 2025
New Discoveries and Project Highlights BP delivered on exploration with six new discoveries across global basins: In the US Gulf of America , BP made a Miocene oil discovery at the Far South prospect in Green Canyon Block 584, 120 miles off Louisiana. shale basins. shale basins. Net producing wells (end of period): 1,133.9
Oil & Gas 360º
MARCH 27, 2025
The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. Weve never been in a position before where we were on the back-half of the inventory story of a burning basin, Novi Labs head of research Brandon Myers said. We think that between 2027 and 2030 its likely that the U.S.
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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 and Gas Investments
MARCH 19, 2025
Meaningful revenue is not until 2027 for WTE. They do have a contract with Glencore that comes up in 2027, but it seems less likely given that I can’t see anywhere else for the coal to go and I doubt Glencore wants to be completely reliant on a single terminal anyway (they partly own the Neptune Terminal outside of Vancouver).
Oil & Gas 360º
MARCH 13, 2025
And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. The CEO of U.S. producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. Benchmark U.S.
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