Oil & Gas 360º

JUNE 10, 2025

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.

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Oil Gas Leads

JULY 26, 2025

wells), and applying AI to extract common themes, here are the top five trends transforming oil & gas strategy for the remainder of 2025. It’s no longer about chasing barrels at any cost. Coterra Energy acquired 49,000 acres in a top-tier zone of the Delaware Basin. The future isn’t just about barrels.

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Gas Oil Basin Operator 52

Oil & Gas 360º

JULY 23, 2025

oil and gas producers, ConocoPhillips, is in an advanced stage of discussions to sell assets in Oklahoma to privately-held Stone Ridge Energy in a deal that could be worth about $1.3 The deal expanded ConocoPhillips’ presence in the Permian, Eagle Ford, Anadarko, and Bakken shale basins. (Oil Price) – One of the top U.S

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Natural Gas Basin Management Oil 130

Oil Gas Leads

JUNE 12, 2025

While many oil and gas giants slipped in the Forbes Global 2000 rankings amid a 15% drop in crude prices and rig reductions across the U.S., It’s now the largest pure-play oil company in the Delaware Basin (Texas/New Mexico). Operates 450,000 net acres and produces 370,000 barrels per day. 1762 in 2025.

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Oil & Gas 360º

JULY 18, 2025

(BOE Report) – LONDON, July 18 – The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime assets heats up. billion barrels, according to LSEG data. energy sector.

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Oil Exploration and Production Barrel Field 130

Enverus

JUNE 10, 2025

million net acres and more than two billion barrels of oil equivalent in undeveloped net resource. million net acres and more than two billion barrels of oil equivalent in undeveloped net resource. Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford.

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IT Operator Basin Exploration and Production 130

Permian Basin Oil and Gas Magazine

JUNE 27, 2025

Geological Survey that shows significant increases in undiscovered crude oil and natural gas under federally managed U.S. The report shows federal lands in Permian Basin with 8.936 billion barrels of oil and 58,468.4 billion cubic feet of gas. billion cubic feet of gas. billion barrels of oil and 391.6

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Oil Gas Barrel Basin 59

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.

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Operator Gas Oil Basin 52

Rigzone

JULY 15, 2025

Natural Gas $3.52 -0.17% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Mach Natural to Acquire Assets in Permian, San Juan Basins by Rocky Teodoro | Rigzone Staff | Tuesday, July 15, 2025 | 8:00 AM EST The transactions are expected to close during the third quarter, each with an effective date of April 1, 2025.

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Basin Natural Gas Gas Oil 67

Permian Basin Oil and Gas Magazine

JULY 11, 2025

million barrels per day in the second quarter of 2025 to less than 13.3 production this year from previous forecast appeared first on Permian Basin Oil and Gas Magazine. In its Short-Term Energy Outlook released Tuesday, EIA said, “Declining oil prices have contributed to U.S. As a result, we forecast U.S. million b/d in 2024.

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Crude Oil Basin Completion Barrel 64

Oil & Gas 360º

JULY 2, 2025

Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. million daily barrels within a year, according to Seliman. The development of its north Jalo field alone would add 100,000 barrels. million bpd.

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Exploration and Production Oil Barrel Field 130

Rextag

JUNE 20, 2025

The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest natural gas producer in the country by output. Meanwhile, a new LNG terminal in British Columbia is set to boost natural gas demand. billion barrels of NGLs, and 1.13 NuVista Energy Ltd.

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Gas Oil Natural Gas Condensate 52

Permian Basin Oil and Gas Magazine

JULY 4, 2025

COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” COG said it owned the produced water and sued, the trial court agreed with COG, and the court of appeals affirmed.

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Upstream Midstream Operator Basin 59

Rigzone

JULY 18, 2025

Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? million stock tank barrels. billion barrels of oil. billion barrels of oil.

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Oil Exploration and Production Barrel Upstream 108

Rigzone

JUNE 20, 2025

The Ahara license, awarded under the North African country’s 2024 bidding round, sits at the “intersection of the prolific Berkine and Illizi Basins”, TotalEnergies said in a press release. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law.

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Exploration and Appraisal Exploration and Production Field Basin 108

Permian Basin Oil and Gas Magazine

JULY 1, 2025

million barrels per day in April, according to Monday’s Petroleum Supply Monthly from U.S. Gross natural gas production in lower 48 states increased to a record 120.31 Texas gas production grew by 1.2 million b/d appeared first on Permian Basin Oil and Gas Magazine. crude oil production reached a record of 13.47

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Oil Crude Oil Natural Gas Basin 52

Rextag

JUNE 10, 2025

million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. This acquisition creates a third foundational play for EOG alongside the Delaware Basin and Eagle Ford, enhancing the quality, scale, and resilience of our multi-basin portfolio,” said Ezra Y. Yacob, Chairman and CEO of EOG.

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Condensate Basin Operator Sustainability 52

Rigzone

JULY 8, 2025

Image by Yarphoto via iStock The world’s biggest oil product market is hungry for barrels as traders grapple with a summer supply squeeze. ” Diesel markets spiked last month when the fighting between Israel and Iran threatened millions of barrels of fuel exports from the Persian Gulf. 700K Industry Pros can’t be wrong.

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Barrel Refinery Oil Gas 62

Oil Gas Leads

JULY 11, 2025

In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. In addition to the primary Ahpun Topset target, Dubhe-1 will test three additional zones and may undergo a lateral completion and long-term flow test to confirm oil deliverability and gas quality.

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Exploration and Appraisal Basin Exploration Well BCF 52

Oil Gas Leads

JULY 25, 2025

The Dallas-based independent energy company delivered exceptional performance across both its upstream and midstream segments, reaffirming its position as a leading player in the Delaware Basin. Oil & Gas Operator Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

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Midstream Basin Operator Oil 52

Valor

JUNE 9, 2025

June 9, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. per barrel. Read more Natural gas price outlook – Natural gas gaps lower to start the week Summary : Natural gas prices opened the week with a gap lower amid weak demand and uncertainty over U.S.

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Energy Energy Natural Gas Barrel 52

Oil & Gas 360º

JULY 21, 2025

The offshore oilfield holds more than 11 billion barrels of oil and is one of the fastest-growing oil production regions in the world. oilfield, the Permian basin. oil producer had originally targeted a mid-2024 close for the deal. That deal gave Exxon a bigger position as a shale producer in the top U.S.

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Casing Oil Offshore Crude Oil 130

Rigzone

JULY 25, 2025

“Eni and Sonatrach undertake to consolidate cooperation for the enhancement of Algerian energy resources through new contracts aimed at encouraging an increase in gas production, and the extension of gas supply contracts for export to Italy”, Eni said in a statement online. 700K Industry Pros can’t be wrong.

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Energy Energy Exploration and Production Natural Gas 86

Rextag

JULY 21, 2025

has finalized its acquisition of Montney Basin oil and gas assets from Strathcona Resources Ltd. The newly acquired assets are evenly split between oil and natural gas production and are expected to contribute approximately 37,000 BOE/D to ARC’s output for the remainder of the year. ARC Resources Ltd. billion (US$1.18

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Energy Energy Natural Gas Oil 40

Permian Basin Oil and Gas Magazine

JUNE 24, 2025

Houston-based EON Resources, independent upstream energy company with properties in Permian Basin, said last week that subsidiary EON Energy agreed with WPP NM and Northwest Central to acquire all their interests in South Justis field in Lea County, N.M. EON is acquiring 5,360 leasehold acres with a total of 208 wells.

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Field Basin Energy Energy 40

Rigzone

JUNE 9, 2025

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count. Of the total U.S.

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Basin American Petroleum Institute Oil Gas 105

Valor

JUNE 30, 2025

June 30, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. This comes as California gas prices hit $4.61 national oil and gas rig count fell by seven to 547 for the week ending June 27, with oil rigs down six to 432 and natural gas rigs down two to a total of 109.

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Energy Energy Natural Gas Oil 52

Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Santos Q2 Revenue Slightly Hit by Lower Oil Prices by Jov Onsat | Rigzone Staff | Thursday, July 17, 2025 | 4:13 AM EST Weaker liquids prices offset higher sales volumes. Domestic gas sales rose from 45.8 million barrels to 1.85

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Oil Barrel Gas Completion 79

Valor

JUNE 23, 2025

June 23, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. 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.

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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. The company said in a media release production resumed following major site upgrades in 2024 and 2025.

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Exploration and Production Infill Drilling Sidetracking Barrel 62

Valor

JUNE 16, 2025

June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted.

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Energy Energy Field Gas 52

Offshore Energies UK

JUNE 23, 2025

billion barrels of oil and gas could still be produced from UK waters – 3.2 The government’s independent advisers, the Climate Change Committee, say in a scenario where the UK meets all its climate targets on time, UK homes and businesses will still use between 13 and 15 billion barrels of oil and gas.

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Exploration and Production Barrel Government Field 78

Rigzone

JULY 2, 2025

Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. million barrels a day. million daily barrels within a year, according to Seliman. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!

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Oil Exploration and Production Barrel Field 83

Rigzone

JUNE 30, 2025

“Based on its decade long exploration and development success in Guyana in particular, ExxonMobil has created almost $30 billion in value and already surpassed 700,000 barrels per day of new oil production,” he added. “The company has set a new benchmark in opening up a deepwater frontier at pace.

Upstream 89

Upstream Exploration and Production Oil E&P 89

Rigzone

JUNE 27, 2025

Image by pavalena via iStock Vietnam Oil and Gas Group (Petrovietnam) and its joint venture partners have signed a product sharing contract (PSC) for Block 15-1 on the southern continental shelf of Vietnam. The asset is one of the few blocks in Viernam that contains large-scale commercial oil and gas fields. percent, SK Group holds 7.2

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BCF Field Natural Gas Exploration and Production 62

Oilfield Technology

JUNE 27, 2025

Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. Then the Texas Railroad Commission initiated a program to monitor seismic activity focused on the Permian Basin.

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Midstream BBL Exploration and Production Operator 52

Rigzone

JUNE 27, 2025

Adura, which will be equally owned, combines the two companies’ offshore assets in the UK, where Shell currently produces over 100,000 barrels of oil equivalent a day (boed) and Equinor about 38,000 boed. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said.

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Exploration and Production Operator Oil Gas 67