Remove 2030 Remove BBL Remove Drilling rig
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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

billion in 2030 and 2031. All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil. Capital expenditures are expected to average $0.9 $1.0 billion in 2026 and $1.1 $1.2 billion in 2026 and $1.1

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What Comes After the Permian for IOCs? A Basin of Enormous Value

Rextag

David Clark, Vice President in Wood Mackenzies Corporate Strategy and Analytics team, offers insights into the future of tight oil production and the portfolio evolution needed for companies to thrive through the 2030s. In 2025, crude and condensate output is projected to rise by 200,000 barrels per day (b/d), reaching 6.6 million b/d.

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