Oil & Gas 360º
JUNE 4, 2025
bbl compared to the Fall 2024 forecasts , largely attributed to expectations of increased production from both OPEC and U.S. After 2027, they expect prices to ease as U.S. 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
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
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Oil & Gas 360º
APRIL 23, 2025
With produced water now available for flooding the Oungre, we have introduced approximately 3,000 bbl/d of injection and were able to suspend a source water well that is expected to save an estimated $250,000 per year in operating costs. USD ($0.7466 USD to $1.00 GJ to $3.35/GJ. GJ to $3.35/GJ.
Oil Review Middle East
MARCH 10, 2025
The project includes the drilling of more than 200 wells and the installation of a new centralised process complex, nine remote wellhead platforms, and associated pipelines.
Oil Gas Leads
MAY 11, 2025
oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustained operational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds.
Rextag
MAY 8, 2025
Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1% million, adding 2,275 net acres 2025 Outlook and Strategic Positioning NOG reaffirmed its 2025 annual guidance, aiming to produce between 130,000 135,000 Boe/day with oil accounting for 75,000 79,000 Bbl/day. shale basins.
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