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 The company focuses on the acquisition and optimization of high-quality, conventional, producing oil and gas assets onshore in the U.S. In January 2025, the county produced around 11,300 barrels of oil and 1.6

Energy 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bedrock Production Acquires Winston E1 Facility from EnerVest Operating

Oil Gas Leads

Bedrocks Low-Cost Operating Strategy Founded in 2017, Bedrock Energy Partners focuses on acquiring and enhancing mature oil and gas properties, particularly in the Barnett Shale and other established basins. This approach aligns with their commitment to being a low-cost operator in the competitive oil and gas industry.

article thumbnail

Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

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 Tawke production currently realises only around $35/bbl, which is well below relevant reference benchmark oil prices. EBITDAX1 1.1

Energy 66