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OPEC+ likely to pause output hikes after next meeting, says Goldman Sachs

Oil & Gas 360º

Focus is now on the group’s intentions for those barrels. million barrel-a-day round of cuts is unwound” at the group’s next meeting in early August, Daan Struyven, the bank’s co-head of global commodities research, told Bloomberg TV on the sidelines of a seminar the Organization of the Petroleum Exporting Countries is holding in Vienna.

Crude Oil 130
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Tullow Sells Kenyan Business to Gulf Energy

Rigzone

The assets to be sold hold about 463 million barrels of 2C resources, London-based Tullow said in a statement online. The transaction involves the sale of the shares of Tullow Kenya BV by Tullow Overseas Holdings BV to Gulf Energy’s Auron Energy E&P Ltd. The sale is expected to be completed this year.

Energy 95
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Repsol Taps Halliburton to Support UK North Sea Operations

Rigzone

“Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments”, Houston, Texas-based Halliburton said in a press release. The contract also covers decommissioning.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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. Capital and activity: In 2024, Coterra invested $289 million in drilling and completions in the Anadarko Basin. Liquids” includes crude oil and NGLs.

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Liberty Energy Q2 2025: Innovation-Driven Resilience Amid Market Headwinds

Oil Gas Leads

(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
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Viper’s Royalty Model: Worth a Look

Permian Basin Oil and Gas Magazine

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. The upcoming $4.45

Royalty 59
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EIA sees U.S. oil output slipping slightly during 2026

Oil & Gas 360º

operators will drill and complete fewer wells through 2026, the EIA estimated. 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. saying production has already peaked. With fewer active drilling rigs, U.S.

Oil 130