Rigzone

JUNE 9, 2025

Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Vermilion Energy Completes Exit from USA with Asset Divestment by Rocky Teodoro | Rigzone Staff | Monday, June 09, 2025 | 8:00 AM EST The company said it expects the transaction, which has an effective date of January 1, to close in the third quarter.

Completion 67

Completion Energy Energy Exploration and Production 67

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

Rigzone

JUNE 23, 2025

The preliminary reported total volume of crude oil in Texas in March was 121,361,548 barrels, according to the statement, which showed that the preliminary reported total volume of natural gas in the state during the same month was 918.4 The preliminary reported total volume was 120,766,747 barrels, the statement highlighted.

Gas 103

Gas Oil Natural Gas Crude Oil 103

Oil & Gas 360º

APRIL 28, 2025

(World Oil) – APA Corporation and its partners Lagniappe Alaska, LLC, an Armstrong company, and Oil Search (Alaska), LLC, a subsidiary of Santos Limited, have completed successful flow testing of the Sockeye-2 exploratory well in Alaska’s North Slope.

Exploration Well 130

Exploration Well Completion Oil Barrel 130

Oil & Gas 360º

JUNE 23, 2025

(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. The terminal itself boasts a storage capacity of 750,000 barrels.

Field 130

Field Instrumentation Transportation Operator 130

BOE Report

JULY 6, 2025

Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in September, which would complete the unwinding of 2.2 million bpd of voluntary cuts, as they look to normalize spare capacity amid resilient global oil demand.

Oil 59

Oil Completion Barrel IT 59

Iraq Business News: Oil & Gas

JULY 7, 2025

General Manager Sa'id Zgair Shalaka told the state-run Iraqi News Agency (INA) that the company has increased output from the Nasiriyah and Subba fields - both operated by national effort - with seven new wells added at Nasiriyah, raising production from 52,000 to 70,000 barrels per day (bpd).

Field 59

Field Completion Associated Gas Operator 59

Rigzone

JULY 3, 2025

“We expect ministers will continue the unwinding of the November 2023 tranche of cuts, increasing targets by 411,000 barrels per day for the fourth successive month,” the analysts said in the report. million barrels per day,” they added. million barrels per day in the third quarter of this year and a 0.2

Barrel 75

Barrel Oil Energy Energy 75

Iraq Business News: Oil & Gas

JULY 9, 2025

Prime Minister Mohammed Shia Al-Sudani has laid the foundation stone for the expansion of the Najaf [Al-Ashraf] refinery, a strategic project that will increase refining capacity by 70,000 barrels per day. Work is to be completed within eight months.

Refinery 64

Refinery Barrel Petroleum Oil 64

Egypt Oil & Gas

JUNE 12, 2025

Khalda Petroleum, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Apache Corporation, is bringing two new wells into production in June 2025, with an initial estimated total of 5,400 barrels of crude oil per day (bbl/d). Khalda completed drilling operations for the Fox Deep-02 appraisal well.

Petroleum 52

Petroleum BBL Crude Oil Completion 52

BOE Report

APRIL 14, 2025

A vessel chartered by Chevron carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping data and a source, following state company PDVSA’s order to return the crude amid payment uncertainty related to U.S.

Completion 64

Completion Oil Barrel 64

Iraq Business News: Oil & Gas

MAY 17, 2025

Iraq's South Refineries Company (SRC) is nearing the completion of its Fluid Catalytic Cracking (FCC) project, with 98% of the work done. Source: Ministry of Oil) The post South Refineries Company Nears Completion of FCC Project first appeared on Iraq Business News. By John Lee.

Refinery 59

Refinery Completion Petroleum Oil 59

Rigzone

JULY 8, 2025

It has lost its position in a number of countries almost completely … It has lost its air defense completely. “You can add another ~500,000 barrels per day if the Iraqi pipeline through Turkey to the Med were re-opened. “It has lost effective utility of all of its external proxies.

Barrel 104

Barrel IT Oil Insurance 104

Iraq Business News: Oil & Gas

JULY 8, 2025

Iraq's Ministry of Oil has started work to expand the Diwaniya Refinery by adding a new 70,000-barrel-per-day (bpd) processing unit, bringing the refinery's total capacity to 90,000 bpd. The project is scheduled for completion within five years. By John Lee. Minister of Oil, Eng.

Refinery 59

Refinery Petroleum Oil Completion 59

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

Oil & Gas 360º

APRIL 9, 2025

Chevron plans to use triple-frac on between 50% and 60% of its wells in the Permian, up from 20% of wells triple-fracked last year, Jeff Newhook, a completions operations manager at the U.S. That level is already about $10 a barrel below the average $65 per barrel price U.S. supermajor, told Reuters in an interview.

IT 130

IT Basin Barrel Completion 130

Oil & Gas 360º

MARCH 17, 2025

per barrel, with West Texas Intermediate at $67.70 per barrel, both up on opening and likely to go higher later in the day, barring bearish news such as the Houthis agreeing to stop bombing ships in the Red Sea. (Oil Price) –Crude oil prices started the week with a jump following U.S.

Oil 130

Oil Crude Oil Refinery Barrel 130

Oilholics Synonymous Report

OCTOBER 15, 2024

At the time of writing this post, The Oilholic noted that Brent and WTI front month futures contracts had breached their respective $74 and $70 per barrel floors. But then again not a complete yes yet, as its contingent upon what Israel may or may not do next! Headwinds are in fact gathering momentum and yet lower prices may follow.

Oil 130

Oil Barrel Crude Oil Completion 130

Offshore Engineer

APRIL 2, 2025

INEOS Energy has completed the acquisition of CNOOCs oil and gas assets in the Gulf of America, increasing its global oil production to over 90 thousand barrels of oil equivalent per day

Oil 81

Oil Gas Completion Barrel 81

Oil & Gas 360º

APRIL 2, 2025

(World Oil) –INEOS Energy has completed its acquisition of the U.S. The deal increases INEOS Energys production globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S., Gulf business held by CNOOC Energy Holdings U.S.A.

Gas 130

Gas Oil Completion Energy 130

Oil & Gas 360º

MARCH 31, 2025

Following this transaction, Bayswater will retain and operate 70 horizontal wells producing approximately 18,000 boed and a nine well pad currently being completed by Halliburton. Lynn Belcher, Chief Operating Officer of Bayswater , added “This sale represents the natural evolution and successful execution of our business model.

E&P 130

E&P Basin Exploration and Production Operator 130

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

Oil & Gas 360º

JULY 1, 2025

court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum after at least three consortia submitted revised bids in June, raising creditors’ hopes of receiving payment for some of Venezuela’s outstanding debt. The second bidding round was completed this year after a string of delays.

IT 130

IT Casing Completion Oil 130

Oil & Gas 360º

MARCH 24, 2025

To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in the coming weeks. ” Prospect I is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources(1), or 1.7

Exploration Well 147

Exploration Well Spud-in Barrel Oil 147

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

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

Rigzone

JUNE 10, 2025

The completion of the transaction, expected in the third quarter, is subject to certain customary conditions precedent, including consent from the North Sea Transition Authority with respect to the change of control of GTNSL, according to the release. Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.

Exploration and Production 67

Exploration and Production Energy Energy Completion 67

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

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 Engineer 52

Oil & Gas 360º

MAY 29, 2025

“The decision to perform a novel perforation and acidisation completion has been very much vindicated, and the potential for further optimisation of the project is exciting. BCF/1000 feet (‘) of perforated interval) and between 160,000 and 240,000 barrels of condensate, equivalent to a total range of 0.827 to 1.24

BCF 130

BCF Energy Energy Condensate 130

Oil & Gas 360º

MARCH 26, 2025

From signing a memorandum of understanding last year to now fully completing our agreement, were looking forward to getting to work. The agreement is for an initial phase that includes oil and gas production of more than 3 billion barrels of oil equivalent.

Field 130

Field Oil Exploration and Production Barrel 130

Oil & Gas 360º

APRIL 2, 2025

The Anadarko assets produce around 39,000 barrels of oil equivalent per day, of which about half is natural gas, two of the sources said. billion of Marathons debt as part of the acquisition, has already disposed of assets worth more than $1 billion since it completed the Marathon deal in November.

Basin 130

Basin Natural Gas Oil Completion 130

BOE Report

APRIL 25, 2025

Lyondell Basell Industries permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company’s chief executive during a Friday conference call. 7 the company completed the shutdown of the refinery. Reuters reported on Feb.

Refinery 71

Refinery Operator Shutdown Completion 71

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

JULY 8, 2025

million barrels of oil per day as of Q1 2025. Refracs & EOR Gaining Traction Operators are increasingly revisiting older wells with modern completions. Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. oil production, delivering approximately 1.2–1.3

Basin 52

Basin Spud-in Natural Gas Operator 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.

Gas 109

Gas Oil American Petroleum Institute Barrel 109

Rigzone

JUNE 26, 2025

million barrels per day (bpd) for the year, 5 percent higher than last year. million barrels per day (bpd) for the year, 5 percent higher than last year, the data analytics firm said in a news release. million barrels per day of existing installed capacity was brought online from 2001 and 2017. "More than 3.8

Oil 62

Oil Pipeline Barrel Gas 62