Rigzone

JULY 17, 2025

million barrels of oil equivalent (MMboe) in the April-June quarter, up one percent sequentially. Higher production in Western Australia was offset by flood impacts in the Cooper Basin. million barrels to 1.85 million barrels, but condensate sales dropped from 1.14 million barrels to 997,600 barrels.

Oil 79

Oil Barrel Gas Completion 79

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.

Operator 52

Operator Gas Oil Basin 52

Valor

JUNE 23, 2025

While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. resilience stems from shifting from importing 14 barrels per capita in 1977 to net exporting 2.5 Shale’s ability to add 4.2

Energy 52

Energy Energy Barrel Oil 52

Rigzone

JULY 4, 2025

In June 2025, Keddington produced a total of 992 barrels of oil over 23 days, with an average of 10.4 hours of pumping per day and a gross flow rate of 43 barrels daily, the company said. In 2024, a significant upgrade of the site’s production facilities and bund area was initiated and completed in May.

Exploration and Production 62

Exploration and Production Infill Drilling Sidetracking Barrel 62

Rigzone

JUNE 27, 2025

When completed, the project will supply 125 billion standard cubic feet (Bcf) per day of natural gas to the domestic market, Petrovietnam said in a news release. In 2003, the first oil was extracted from the Black Lion field, with estimated reserves of about 600 million barrels of oil, second only to the country’s White Tiger field.

BCF 62

BCF Field Natural Gas Exploration and Production 62

Rigzone

JULY 17, 2025

million barrels of oil equivalent (MMboe) in the April-June quarter, up one percent sequentially. Higher production in Western Australia was offset by flood impacts in the Cooper Basin. million barrels to 1.85 million barrels, but condensate sales dropped from 1.14 million barrels to 997,600 barrels.

Barrel 79

Barrel Gas Oil Completion 79

Oil Gas Leads

JULY 25, 2025

(NYSE: LBRT) delivered a strong second quarter performance in 2025, highlighting its ability to outperform in a softening completions market while pushing forward with game-changing technology and infrastructure initiatives. From frac innovation to hybrid microgrids, Liberty is reshaping what an oilfield services company can be.

Energy 52

Energy Energy Basin Completion 52

Rigzone

JUNE 16, 2025

Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 DNO completed a private placement of $400 million of subordinated hybrid bonds with a coupon rate of 10.75

Energy 67

Energy Energy Exploration and Production Field 67

Oil Gas Leads

JULY 15, 2025

The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. Spanning over 640 miles with a 1.5 miles Current Permitted Mileage (2024): 521.71 miles Current Permitted Mileage (2024): 521.71

Pipeline 52

Pipeline Basin Midstream Crude Oil 52

Rigzone

JULY 15, 2025

Image by Andrii Tokarchuk via iStock EnQuest PLC said it has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125 percent equity interest in the Chim Sáo and Dua production fields (Block 12W). million barrels of oil equivalent (MMboe) and 4.9 The headline value of the transaction is $85.1

Exploration and Production 67

Exploration and Production Energy Energy Field 67

Permian Basin Oil and Gas Magazine

JUNE 26, 2025

The company is about to complete a transformative “Drop Down” transaction with parent company Diamondback Energy (FANG) that promises to significantly reshape Viper’s production profile in 2025. It was finally signed in January 2025 and will complete in Q2 2025. Weak natural gas prices ($2.08/Mcf The upcoming $4.45

Royalty 59

Royalty E&P E&A Royalty Interest 59

Rigzone

JULY 17, 2025

million barrels per day (MMbpd) of gasoline, 369,000 bpd of diesel fuel and 325,000 bpd of jet fuel - up from one MMbpd, 354,000 bpd and 313,000 bpd respectively. Kinder Morgan’s natural gas pipelines carried 44.59 trillion British thermal units per day (Btupd) during Q2 2025, up from 43.12 trillion Btupd.

Natural Gas 67

Natural Gas Pipeline BCF Gas 67

Oil & Gas 360º

JUNE 13, 2025

US shale producers have been pulling rigs and cutting workers since the beginning of the year as crude tumbled into the $60-a-barrel range due to supply increases from OPEC and President Donald Trump’s consistent praise for low energy prices. the latest independent oil producer in the Permian basin, said last month. on Wednesday.

Oil 130

Oil Energy Energy Basin 130

Oil & Gas 360º

JUNE 11, 2025

operators will drill and complete fewer wells through 2026, the EIA estimated. million, driven by a slowdown in the prolific Permian basin, the EIA said. million barrels per day in 2026, up roughly 40,000 barrels from last month’s forecast, mitigating the impact of reduced activity in other crude-producing regions.

Oil 130

Oil Exploration and Production Drilling rig Barrel 130

Rigzone

JULY 21, 2025

to complete its delayed acquisition of Hess Corp. On Friday Chevron announced its merger with Hess had been completed after a favorable ruling by the International Chamber of Commerce (ICC) tribunal in Paris. has expressed disagreement with an arbitration ruling that paved the way for Chevron Corp.

Exploration and Production 111

Exploration and Production Oil Barrel Natural Gas 111

Oil & Gas 360º

MARCH 31, 2025

(World Oil) –Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. We remain committed to operating in the DJ Basin and look forward to rebuilding our Colorado footprint in the coming years.”

E&P 130

E&P Basin Exploration and Production Operator 130

Oil & Gas 360º

APRIL 28, 2025

(Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.

Completion 130

Completion Operator Hydraulic Fracturing Natural Gas 130

Oil & Gas 360º

APRIL 1, 2025

(NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

Basin 130

Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

APRIL 9, 2025

(Oil Price) – Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters , amid efforts to reduce the costs and times of fracking at the worlds top shale basin. Chevron and the other U.S.

IT 130

IT Basin Barrel Completion 130

Oil & Gas 360º

APRIL 2, 2025

The assets, which comprise operations in the Anadarko basin that spans about 300,000 net acres, are expected to fetch a price of more than $1 billion, the sources said, requesting anonymity as the deliberations are confidential. Houston-based ConocoPhillips, which took on about $5.4

Basin 130

Basin Natural Gas Oil Completion 130

Oil & Gas 360º

MAY 7, 2025

Initial production test observations include: A peak rate of 2,848 barrels of oil equivalent per day (“boepd”) (11.9 million standard cubic feet per day (“mmscf/d”) and 856 barrels of oil per day (“bopd”)) on a 18/64-inch choke setting, which was achieved with no material drop in bottom hole pressure.

Energy 147

Energy Energy Exploration and Production Condensate 147

Oil Gas Leads

MARCH 8, 2025

The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. oil and gas production, and ONEOK Inc. Bcf/d in 2025.

Basin 52

Basin Natural Gas BCF Pipeline 52

Oil Gas Leads

MARCH 21, 2025

Devon Energys fourth quarter 2024 earnings call provided critical insights into the companys ambitious plans for the Delaware Basin, one of its crown jewel assets. Delaware Basin Overview The Delaware Basin continues to be the cornerstone of Devons oil and gas portfolio.

Basin 52

Basin Utilities Oil Completion 52

Oil Gas Leads

MARCH 13, 2025

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. The recent acquisition in the Midland Region further strengthens its presence in the Permian Basin, a critical area for U.S. The company is looking to divest non-core assets as it prepares to complete its $22.5

Basin 52

Basin Management Energy Energy 52

Oil Gas Leads

APRIL 12, 2025

As unconventional oil and gas development matures, operators continue to push the envelope in completion design and execution. Fewer rig moves, reduced idle equipment, and streamlined logistics mean more wells completed in less time. But the benefits go beyond cost savings. BPM unless stage design is adjusted.

Completion 52

Completion Operator Basin Engineering 52

Rextag

MAY 5, 2025

The Ballymore development is designed to produce up to 75,000 gross barrels of oil per day from three production wells, all connected via a subsea tieback to Chevrons existing Blind Faith facility, located approximately three miles from the well site. This reduces our development costs and is expected to drive higher returns for shareholders.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the million barrels of oil equivalent (“boe”) for the well. the “Paradox project”).In

BCF 130

BCF Energy Energy Condensate 130

Oil & Gas 360º

MARCH 10, 2025

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

E&P 130

E&P Exploration and Production Oil Field 130

Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. 600 million in non-core asset sales , primarily in the Southern Delaware Basin.

Basin 52

Basin Exploration and Production Operator Oil 52

Oil & Gas 360º

MAY 13, 2025

The Program Area consists of counties located in theWilliston Basin, although both parties may consider opportunities in otherRocky Mountainbasins upon mutual consent. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.

Energy 130

Energy Energy Basin Operator 130

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Oil production for 2025 is forecast at 150,000 to 155,000 barrels per day. Forty percent of Permian activity is planned in Delaware Basin.

Basin 52

Basin Drilling rig Completion Barrel 52

Rigzone

JUNE 26, 2025

Continental Resources produced 639,733 barrels of oil equivalent per day (boepd) in 2024, and had a well count of 5,055 and 21 active rigs, the complete list revealed. “Private capital is shifting to legacy basins, testing new zones, and leaning into gas plays that were once overlooked.

Gas 109

Gas Oil American Petroleum Institute Barrel 109

Permian Basin Oil and Gas Magazine

MAY 9, 2025

million barrels per day of NGLs, crude oil, refined products and petrochemicals. Teague said Enterprise has growth projects valued at $6 million scheduled for completion in 2025, including two natural gas processing plants in the Permian Basin in 3Q. billion cfd in the first quarter compared to 2024Q1. million boed, including 7.9

Natural Gas 52

Natural Gas Basin Crude Oil Midstream 52

Permian Basin Oil and Gas Magazine

APRIL 14, 2025

You are probably aware that the water problem in the Permian Basin is direit is the desert, after all. Disposal of produced water in the past was largely a matter of just pumping it back down underground, as is seen in the proliferation of SWDs (Salt Water Disposals) that dot the landscape in the Permian Basin. Not even on eBay.

Basin 96

Basin Exploration and Production Disposal Well Barrel 96

Oil Gas Leads

MAY 3, 2025

Key Features and Capabilities Storage Capacity : The terminal’s capacity was expanded from 20,000 barrels per day (bpd) to 40,000 bpd. This expansion included the construction of three 5,000-barrel API 650 steel oil tanks, a 1,000-barrel slop oil tank, and a 750-barrel fiberglass water tank.

Midstream 52

Midstream Crude Oil Oil Basin 52

Oil Gas Leads

APRIL 10, 2025

Chevron has begun scaling up a cutting-edge well completion strategy known as triple-frac , which fractures three wells at the same time. Traditional fracking completes one well at a time (single-frac), and in recent years, many operators have adopted dual-frac (two wells simultaneously) to improve efficiency. What Is Triple-Frac?

Completion 59

Completion Consulting Basin Engineering 59

Permian Basin Oil and Gas Magazine

MAY 6, 2025

Stice added, We now expect to drill between 385 and 435 gross wells and complete approximately 475 to 550 wells. We are dropping three rigs and one full time completion crew in the second quarter, and we expected to be at these levels through the majority of the third quarter. billion to $3.8 billion down from $3.8 billion to $4.2

Basin 52

Basin Completion Oil Barrel 52