Oil Gas Leads

JUNE 11, 2025

(private) (N/A – private; high gas focus) (N/A – private) ~7–9 rigs in Oklahoma (2025) (21 wells drilled in 2023) Note: MBOE/d = thousand barrels of oil equivalent per day. Liquids” includes crude oil and NGLs. CapEx = capital expenditures. Sources are cited in brackets.

Operator

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. But uncertainty in the Middle East saw Brent prices rally 4.3% to settle at $69.77

Oil

CNBC: Energy

JUNE 23, 2025

Morteza Nikoubazl | Nurphoto | Getty Images "Some tanker owners may feel that China, who buys 90% of Iranian crude oil along with significant quantities of oil from the Middle East, is pressuring Iran not to disrupt shipping," Lipow added. In 2023, oil flows through the waterway averaged 20.9

Electronics

Oil & Gas 360º

JUNE 24, 2025

(Oil Price) – U.S. oil producers flocked to hedge higher prices for their output for the rest of the year and early into 2026 as international crude oil prices surged earlier this month. Oil prices had lingered into the low $60s for the three months between early April and early June, as the U.S.

Oil

CNBC: Energy

JUNE 22, 2025

million barrels per day in May, according to an OPEC report citing independent estimates. 1 Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 5:33 05:33 Oil prices jump more than 2% after U.S. launched direct attacks against Iran, casting a shadow over the supply outlook in the embattled oil-rich Middle Eastern region.

Oil

Oil & Gas 360º

JUNE 12, 2025

(Investing) – JP Morgan downplayed geopolitical concerns on Thursday and maintained its base case forecast for oil prices to stay in the low-to-mid $60s through 2025 and $60 in 2026, but said certain worst-case scenarios could send prices surging to double those levels. Brent crude futures were trading near $68.76

Oil

Oil & Gas 360º

JULY 1, 2025

refiner stems from an eight-year-old case that Canadian miner Crystallex initiated in Delaware against Venezuela. The judge and parties in the case are expected to attend a final hearing about the sale process on August 18. They can also continue parallel cases in other U.S. (Investing.com) – HOUSTON -A U.S. 3rd party Ad.

IT

OilPrice

MARCH 17, 2025

Goldman Sachs commodity analysts cut the banks price outlook for crude oil, basing the revision on expectations of slower U.S. economic growth and additional OPEC+ supply.

Oil

Oil & Gas 360º

MAY 28, 2025

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. The high-volume, low-cost development offshore the South American country, which started production just five years ago, is already pumping more than 660,000 barrels per day (bpd) of crude.

Barrel

Oil & Gas 360º

MAY 14, 2025

It also has some rather solid crude oil resourcesand some of the lowest production costs in the industry. The primary benefit of Canadian oil sands and Montney assets lies in their extensive inventory of low-cost resource, Enverus wrote in a recent analysis of the prospects of oil sands and the Montney shale.

Natural Gas

Oil & Gas 360º

MARCH 19, 2025

Earlier this week, Goldman Sachs cut its year-end forecast for Brent Crude prices, citing expectations of slower U.S. OPEC+ is set to start adding supply to the market in April, initially at a rate of 138,000 barrels per day (bpd). economic growth and additional OPEC+ supply.

Oil

Oil & Gas 360º

MAY 27, 2025

(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 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

Barrel

Oil & Gas 360º

APRIL 3, 2025

The Cypre development is the second major project to start up in two months, during which the UK-based supermajor sought to convince shareholders its investment case is now stronger with the pivot back to oil and gas. million barrels of oil equivalent per day (boed) in 2030, with capacity to increase to 2035.

Gas

Oil & Gas 360º

MAY 30, 2025

Encinos acreage improves the quality and depth of our Utica position, expanding EOGs multi-basin portfolio to more than 12 billion barrels of oil equivalent net resource. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play.

Exploration and Production

Oil & Gas 360º

MARCH 10, 2025

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Crude oil therefore refers to light oil, medium oil, tight oil and condensate.

Exploration and Production

Iraq Business News: Oil & Gas

MAY 20, 2025

In a separate agreement , WesternZagros secured rights to the Topkhana block , which, combined with their existing Kurdamir block , reportedly holds a resource potential of up to 5 trillion standard cubic feet of natural gas and 900 million barrels of crude oil. The agreements quickly drew condemnation from Baghdad.

Energy

Rigzone

JUNE 24, 2025

“Around 15 million barrels per day, or nearly a third of global seaborne crude oil exports, transit through the strait. “In the weeks leading up to the war, Israel and Iran exchanged missile salvos as the conflict continued to escalate, culminating in the U.S.

Oil

The Energy Law

JULY 9, 2008

involved a class action that was filed by commercial fisherman and native Alaskans against Exxon and its tanker captain for economic losses suffered as a result of the now infamous Exxon Valdez oil spill that occurred in 1989. V) preempts punitive damages awards in maritime spill cases. Baker, et al. Exxon spent $2.1 816, 33 U.S.C.

Crude Oil

Crude Oil Futures

DECEMBER 2, 2024

The departure of Angola from the alliance is a case in point. The analysts at S&P Global disclosed last week that the UAE has been exceeding the production by 700,000 barrels more than what it agreed to, with the OPEC+, from January to October.; That, however, is not the end of the story.

Oil

Drillers

MARCH 24, 2020

Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. According to estimates from human rights groups, millions of barrels have leaked or spilt in the Niger Delta over the years.

Oil

Oil Gas Leads

MARCH 7, 2025

The company reported 833,000 barrels of oil equivalent per day (boe/d) in the Permian for Q4 2024, attributing its success to significant efficiency improvements. “We dont see anything different from the acquisition case. Potential Impact of Tariffs and Permian Crude Pricing The potential U.S.

Basin

The Energy Law

JUNE 13, 2017

A tug owned by Marquette collided with an oil-carrying barge owned by Settoon as the Marquette tug attempted to overtake the Settoon flotilla. As a result of the collision, approximately 750 barrels of light crude oil discharged into the river. Following the spill, the U.S.

Oil

Oil & Gas 360º

JUNE 19, 2025

(BOE Report) – Following the rise in Brent prices to $76-77 per barrel, Goldman Sachs estimates a geopolitical risk premium of around $10 per barrel, the bank said in a note on Wednesday. million barrels per day (bpd) of crude oil. Brent crude futures settled 25 cents higher at $76.70

Barrel

CNBC: Energy

JUNE 21, 2025

If the Iranian leadership believes its survival is at stake, it could attack Gulf energy infrastructure and oil tanker traffic, analysts say. The oil market has reacted with remarkable restraint as Israel has bombed the third-largest crude producer in OPEC for eight straight days, with no clear sign the conflict will end anytime soon.

Oil

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. In just two daysThursday and FridayU.S.

Crude Oil

Oil & Gas 360º

MAY 28, 2025

Baselines and quotas are controversial because some members such as the United Arab Emirates and Iraq have increased their production capacity, pressing the case for higher quotas, while others such as African members have seen declines. Angola quit the group in 2024 over a disagreement on its production target.

Mechanic

Oil & Gas 360º

APRIL 8, 2025

(Investing) –HOUSTON -Oil prices ticked higher on Tuesday but remained near four-year lows as recession fears exacerbated by trade conflict between the United States and China, the worlds two biggest economies offset a recovery in equity markets. a barrel at 10:13 a.m. Brent futures were up 66 cents, or 1.03%, at $64.87

American Petroleum Institute

Oil & Gas 360º

MARCH 17, 2025

million barrels daily, which would solidify the countrys status as top global producerand a major reason for the weakness in oil prices. In the latest update from the cartel, Kazakhstan was the main overproducer, with an average daily rate of 1.767 million barrels in February versus a quota of 1.468 million barrels daily.

Barrel

Oil & Gas 360º

APRIL 30, 2025

(World Oil) – bp Plc is off to a great start in its strategy reset and can follow through on the turnaround despite the recent drop in oil prices, said Chief Executive Officer Murray Auchincloss. Keeping operations online, which was not always the case in 2024, will be key to helping deliver a turnaround.

Oil

Oil & Gas 360º

MAY 28, 2025

According to the sources, Chevron would be able to retain its assets in Venezuela, but would not be able to export oil from the country to the United States. The Trump admin in March gave Chevron a 30-day notice to wrap its business in Venezuela and leave, threatening to disrupt the supply of heavy crude for Gulf Coast refineries.

Refinery

Oil & Gas 360º

MARCH 10, 2025

Trumps policies on trade and foreign policy have, however, threatened to drive up the cost of millions of barrels of oil that U.S. His rapid pivot on foreign policy with Russia could upend global oil flows and reduce the European market for U.S. oil and gas, if the U.S. a barrel this year and just $66.46

Oil

Crude Oil Futures

FEBRUARY 15, 2025

in case of an attack, implicitly referring to threats from Russia. Meanwhile, oil prices have been hovering just above the psychologically significant $70 per barrel threshold. Under these circumstances, it seems unlikely that oil prices will breach the $80 per barrel ceiling.

IT