Remove Active Well Remove Energy Remove Exploration and Production
article thumbnail

EIA forecasts Alaska crude oil production will grow in 2026 for the first time since 2017

Oil & Gas 360º

(World Oil) – In its March 2025 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecast crude oil production in Alaska will increase by 16,000 barrels per day (bpd) in 2026 to 438,000 bpd after remaining relatively flat in 2025. Average annual crude oil production in Alaska peaked at 2.0

Crude Oil 130
article thumbnail

A Strategic Fit: Scout Energy & High River Resources

Oil Gas Leads

In a strategic move within Texas’s oil and gas sector, Scout Energy Management LLC has transferred 315.77 This transaction not only highlights the dynamic nature of asset management in the energy industry but also underscores the complementary strengths of both companies and the significance of the regions involved.

Energy 52
article thumbnail

Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Genel Energy has announced its audited results for the year ended 31 December 2024. Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Production costs (17.6) (18.0) EBITDAX1 1.1

Energy 66