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 27, 2025

million barrels daily. Today, the Permian is producing over 6 million barrels daily, accounting for nearly half of the U.S. The consultancy expects output there to add 200,000 barrels daily this year, for a total of 6.6 million barrels daily. million barrels daily in 2035. To be sure, the boom days seem to be over.

Barrel 130

Barrel Consulting Oil Basin 130

Oil & Gas 360º

APRIL 16, 2025

(World Oil) –Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 In addition, as of December 31, 2023, LACh had 280 million barrels of oil equivalent (MMboe) of P1 reserves according to the Argentine Secretary of Energy (at 100% working interest). billion USD.

Oil 130

Oil Barrel Crude Oil Operator 130

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

Oil & Gas 360º

MAY 5, 2025

But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. produced about 5 million barrels of crude oil per day, down by half from the 1970s. That $62 per barrel break-even price in Midland is up from $46 in 2017. Twenty years ago, the U.S.

Oil 130

Oil Barrel Field Basin 130

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. holding a 60% working interest, with TotalEnergies E&P USA, Inc.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

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 360º

APRIL 7, 2025

million barrels per day (bpd), NOC says. The national corporation looks to boost oil production to 2 million barrels per day within the next three years, contingent on sufficient funding. Per a statement by the NOC of Libya, Italys Eni resumed exploratory drilling in the Ghadames Basin in October.

Exploration and Production 130

Exploration and Production Oil Crude Oil Barrel 130

Oil & Gas 360º

APRIL 30, 2025

Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in theParadox Basin,Utah, 25,000 acres ofwhich has been assessed to hold, net to Zephyr, 2P reserves of 2.6 million barrels of oil equivalent (“mmboe”), 2C resources of 34 mmboe and 2U resources 270 mmboe.

Energy 130

Energy Energy Basin Operator 130

Oil & Gas 360º

MARCH 27, 2025

The move aims to capitalize on the fact that the VTX oil and gas business is one of the few remaining privately-owned operators of scale in the Permian basin after the last two years run of dealmaking in the top U.S. shale oil and gas producer at as much as $3 billion, including debt, people familiar with the matter said.

Energy 130

Energy Energy Basin Management 130

Oil & Gas 360º

APRIL 21, 2025

Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 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

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

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

Oil & Gas 360º

JUNE 3, 2025

existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% at closing at strip pricing and decreasing thereafter; near-term net debt target of $1.5 mboe/d) Approximately 16.1

Royalty 130

Royalty Energy Energy Basin 130

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil Gas Leads

MAY 6, 2025

That means cutting around 2 million barrels per day. Diamondback Energy, a bellwether in the Permian Basin, has already pulled back. The company announced a 10% cut in capital spending and said it wont resume growth until crude climbs back into the $55$65 per barrel range. Diamondback Cuts Whos Next? And while the U.S.

Oil 52

Oil Basin Barrel Operator 52

Oil & Gas 360º

APRIL 10, 2025

It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far.

Exploration Well 130

Exploration Well Petroleum Spud-in Exploration and Production 130

Oil Gas Leads

MAY 15, 2025

In that month, it produced 11,802 barrels of oil and 139,548 MCF of gas. It produced 16,238 barrels of oil and 579,133 MCF of gas during that month. It produced 16,335 barrels of oil and 401,618 MCF of gas in that month. The pipeline system comprises two active segments: OM (Other Modification): 38.55 Regulated Miles: 0.00

Pipeline 52

Pipeline Gas Oil Basin 52

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Rextag

MAY 8, 2025

Equinor Q1 2025 Performance Total Equity Production: 2,123 mboe/day Equinors total equity production in the first quarter of 2025 was 2,123 thousand barrels of oil equivalent per day (mboe/d). shale basins. This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

APRIL 24, 2025

poised to expand LNG export capacity , interest in gassy basins has surged. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S. Bcf/d by 2026.

Gas 52

Gas BCF BBL Exploration and Production 52

Rextag

APRIL 24, 2025

poised to expand LNG export capacity , interest in gassy basins has surged. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S. Bcf/d by 2026.

Gas 40

Gas BCF BBL Exploration and Production 40

Oil & Gas 360º

MARCH 27, 2025

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. million barrels per day (bpd), a record level and nearly half the all-time high 13.5 Producers are dealing with rising levels of water and gas per barrel produced, which is slowing growth and driving up costs.

Oil 130

Oil Basin Barrel Hydraulic Fracturing 130

Oil & Gas 360º

MAY 19, 2025

benchmark WTI crude prices at $60 per barrel, its mostly hold, baby, hold in the American shale patch, where output in the major basins except the Permian has already started to level off or drop. oil production despite President Donald Trumps drill, baby, drill slogan. With the U.S. Gulf of Mexico, executives and analysts say.

Oil 130

Oil Crude Oil Basin Barrel 130

Oil & Gas 360º

APRIL 9, 2025

(Oil Price) –Shale boss Bryan Sheffield, the son of Pioneer Natural Resources founder Scott Sheffield, appears to have called on Americas shale drillers to cut drilling immediately, as Brent crude flirts with prices below $60 and WTI falls to $57/barrel. Sheffield reportedly told Bloomberg that the situation right now is a blood bath.

Crude Oil 246

Crude Oil Oil Basin Casing 246

Oil & Gas 360º

MAY 2, 2025

million barrels of oil equivalent per day (boepd), flat from the same period last year. The company completed an expansion at the Tengiz oilfield in Kazakhstan in January and grew production from the Permian basin, the top U.S. The second-largest U.S. oil producer posted adjusted earnings of $3.8 billion, down from $5.24

Oil 130

Oil Downstream Operator Maintenance 130

Oil & Gas 360º

MARCH 14, 2025

Scott Sheffield, who founded Pioneer Natural Resources and sold last year the top Permian basin producer to ExxonMobil for $60 billion , expects two or three years in which the U.S. If oil prices continue to trend lower and fall below $60 and further down toward $50 per barrel which appears to be a preferred price for the White House U.S.

Oil 130

Oil Barrel E&P Gas 130

Permian Basin Oil and Gas Magazine

APRIL 28, 2025

The longer-term weekly chart, which sets moving averages below both the 100 and the 200 period, is possibly trending back towards the $65-per-barrel area. In this favorable environment, private companies in multiple basins realized significant returns for their investors by exiting their commitments.

E&P 59

E&P Exploration and Production Basin E&A 59

Oil & Gas 360º

APRIL 8, 2025

oil benchmark, has fallen more than 15% since Thursday to trade near $60 a barrel. billion acquisition of closely held Double Eagle, is the biggest independent oil producer in the Permian Basin of West Texas and New Mexico. West Texas Intermediate, the U.S. Diamondback, which last week closed on its $4.2

Basin 130

Basin Oil Manufacturing Barrel 130

Oil & Gas 360º

JUNE 11, 2025

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. Already, the number of rigs drilling for crude in the U.S.

Oil 130

Oil Exploration and Production Drilling rig Barrel 130

Oil & Gas 360º

MARCH 13, 2025

million barrels per day (bpd) in 2025 and climb further to 13.76 producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. oil prices are currently around $68 a barrel. million bpd in 2026. But there is an obvious problem here. The CEO of U.S. Benchmark U.S.

Energy 130

Energy Energy Oil Crude Oil 130