Rigzone

JUNE 10, 2025

“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. The contract also covers decommissioning. announced a deal to consolidate their UK North Sea assets.

Operator

Oil & Gas 360º

JUNE 26, 2025

shale oil producers are unlikely to heed President Donald Trump’s latest call to “Drill, Baby, Drill” as they prioritize hedging over ramping up production in response to U.S. a barrel, after an earlier rally faded. production has largely stagnated this year with some companies warning that shale is at or near its peak.

Basin

Rigzone

JULY 23, 2025

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Var Energi Makes Gas, Condensate Find Offshore Norway by Andreas Exarheas | Rigzone Staff | Wednesday, July 23, 2025 | 10:09 AM EST 'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said.

Gas Condensate

Rextag

APRIL 16, 2025

42.5%), drilled the Far South exploration well in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S. per barrel in Q1 2025 versus $13.1

Oil

Rextag

MARCH 3, 2025

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million barrels per day by 2030.

Gas

Oil & Gas 360º

MARCH 27, 2025

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. million barrels per day (bpd), a record level and nearly half the all-time high 13.5 oil production is already beginning to plateau.

Oil