Oil & Gas 360º

JULY 1, 2025

million barrels per day (bpd), matching the country’s all-time high set in March, according to figures leaked to Reuters. Total oil and condensate production rose to 2.15 In the first half of 2025, Kazakhstan’s crude oil production (excluding condensates) averaged 1.79 in June to 1.88 million bpd in June, up from 2.02

Oil

Rextag

JUNE 10, 2025

million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. Condensate, Contiguity, and Competitive Returns The volatile oil window of eastern Ohio — covering counties like Carroll, Guernsey, Harrison, and Noble — has seen a sharp rise in condensate production. per share.

Condensate

Oil & Gas 360º

JULY 22, 2025

Output of crude and condensate by Pemex, the largest producer in the country, fell 8.4% million barrels per day, according to official figures. (Investing) – HOUSTON -U.S. in May to 1.64 Closing Bell Story‎ Crude Oil Drilling Featured Halliburton Mexico oil output Oilfield services Pemex

Oil

Rextag

JUNE 26, 2025

The platform includes: Fractionation capacity : ~193,000 barrels/day (post-Fort Saskatchewan expansion), including field, hub, and straddle facilities Straddle gas processing : 5.7 It is an excellent strategic fit, strongly aligned with our long-term growth strategy.

Midstream

Rextag

JUNE 20, 2025

Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5 billion barrels of NGLs, and 1.13 billion barrels of oil, making it Canada’s top unconventional resource. million net acres across the Alberta Montney and Kaybob Duvernay formations.

Gas

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

Egypt Oil & Gas

JULY 22, 2025

The new wells are expected to produce approximately 220 billion cubic feet (bcf) of natural gas and 7 million barrels (mmbbls) of condensate. The WND Gas Development comprises a series of gas condensate fields located offshore Egypt, within the North Alexandria and West Mediterranean Deepwater concessions.

Natural Gas

Rigzone

JULY 17, 2025

million barrels of oil equivalent (MMboe) in the April-June quarter, up one percent sequentially. million barrels to 1.85 million barrels, but condensate sales dropped from 1.14 million barrels to 997,600 barrels. a barrel, compared to $82.24 per barrel in Q1. on Thursday reported $1.29

Oil

Rigzone

JULY 28, 2025

In its quarterly update, Ovintiv reported that its average production for the three months ended June 30 was 615,000 barrels of oil equivalent per day (615 Mboe/d). This includes 211,000 barrels of oil and condensate per day (Mbbls/d), 96 Mbbls/d of other natural gas liquids, and 1.85 million cubic feet per day of natural gas.

Exploration and Production

Rigzone

JULY 17, 2025

million barrels of oil equivalent (MMboe) in the April-June quarter, up one percent sequentially. million barrels to 1.85 million barrels, but condensate sales dropped from 1.14 million barrels to 997,600 barrels. a barrel, compared to $82.24 per barrel in Q1. on Thursday reported $1.29

Barrel

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. production from Anadarko (Q2 2024) (N/A – private) ~7–9 rigs in Oklahoma (2025) Mewbourne Oil Co. Liquids” includes crude oil and NGLs. CapEx = capital expenditures.

Operator

Oil Review Middle East

JULY 14, 2025

Energy demand is set to rise from 308mn barrels of oil equivalent (mboe/d) in 2024 to 378 mboe/d in 2050. Middle East crude and condensate exports are likely to increase to all major importing regions, with more than 80% of Middle Eastern exports set to be shipped to the Asia-Pacific.

Condensate

Rigzone

JULY 24, 2025

million barrels per day (MMbd), down 6.4 On Wednesday, majority state-owned Equinor ASA said its Norwegian equity gas and liquids production in the second quarter averaged 704,000 barrels of oil equivalent a day (boed) and 655,000 boed respectively. MMscmoe natural gas liquids and condensate and 60 MMscmoe gas for sale, the NOD said.

Gas

Rigzone

JULY 29, 2025

Crude and condensate production slumped to 1.63 million barrels per day, down 8.6% Pemex posted a net income of 59.52 billion pesos ($3.2 billion) for the second quarter, compared with a 273.3 billion peso loss a year prior. Pemex reported about $30 billion in losses in 2024. from a year earlier, the company said.

Finance

Rigzone

JUNE 9, 2025

“Consequently, we have revised down our 2025 Permian crude and condensate output by 8,000 barrels per day. Week on week, the U.S. land rig count reduced by four, and its offshore rig count and inland water rig count remained unchanged, the count highlighted. has cut 35 rigs and Canada has cut 29 rigs, year on year. The total U.S.

Basin

BOE Report

JULY 22, 2025

Output of crude and condensate by Pemex, the largest producer in the country, fell 8.4% million barrels per day, according [Read more] in May to 1.64

Condensate

Oil & Gas 360º

JUNE 13, 2025

a barrel at 1352 GMT, after hitting an intraday high of $78.50, the highest since January 27. About a fifth of the world’s total oil consumption passes through the strait, or some 18 to 19 million barrels per day (bpd) of oil, condensate and fuel. Brent crude futures were up $4.57, or around 6.59%, to $73.93

Oil

Oilfield Technology

JULY 23, 2025

An Independent Expert Report completed by Cawley Gillespie & Associates in June 2024 estimates the primary target to contain a 2C Contingent Resource of 282 million barrels of ANS Crude (oil, condensate & NGLs) and 804 billion ft3 of natural gas.

Spud-in

Rigzone

JULY 1, 2025

crude oil production, including lease condensate, rising to an average of 13.42 million barrels per day in 2025. million barrels per day to the 13.42 million barrel per day figure, the STEO showed. million barrels per day of the 11.17 million barrel per day figure, while the Bakken region is expected to make up 1.19

Crude Oil

Oil & Gas 360º

JUNE 13, 2025

million barrels of oil per day (bpd), or around 3% of global output. million bpd of crude and condensate and exports 2.6 million bpd of crude oil, condensate and refined products. The National Iranian Oil Refining and Distribution Company said refining facilities and oil storage did not sustain any damage in the attacks.

Condensate

OilPrice

MAY 23, 2025

million tons of crude oil and condensate in 2025, or about 2 million barrels per day (bpd), which would be 9.7% million tons of crude oil and condensate in 2025, or about 2 million barrels per day (bpd), which would be 9.7% higher compared to 2024. higher compared to 2024.

IT

OilPrice

MARCH 11, 2025

billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

Natural Gas

OilPrice

MARCH 21, 2025

million barrels per day (bpd) of crude oil and condensate in the first half of March, industry sources told Reuters on Friday. million barrels per day (bpd) of crude oil and condensate in the first half of March, industry sources told Reuters on Friday. In February, oil and condensate production averaged 2.12

Condensate

OilPrice

APRIL 7, 2025

trillion cubic metres (tcm) of gas reserves plus 18 billion barrels of gas condensate. Iran has awarded US$17 billion of contracts to attempt to reverse a dramatic projected production decline from the worlds biggest gas reservoir. Its South Pars field spans 3,700 square kilometres and holds an estimated 14.2

Field

OilPrice

MAY 20, 2025

million barrels per day (bpd) of crude in the first 19 days of Maywell above its OPEC+ target of 1.486 million bpd. The increase comes after Kazakhstans energy ministry said earlier this month that there would be no cut to its crude and condensate levelsa cut which would be necessary

Condensate

OilPrice

APRIL 14, 2025

Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million barrels per day (bpd), in 2023 to 540 million tons, or 10.8 Russia sees its pipeline and LNG overseas deliveries surge from 146 billion cubic meters (bcm) in 2023 to 293 bcm in 2030, and further up to 438 bcm by 2050.

Natural Gas

Oil & Gas 360º

MAY 8, 2025

Central Asias largest oil producer will pump a daily average of 277,000 metric tons of crude and condensate in May, the same level as in April, and compared with 260,000 metric tons in March, the Astana-based Energy Ministry said by email. million barrels a day of crude this month. Last week, Chevron Corp.

IT

Oil & Gas 360º

MARCH 11, 2025

billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of condensate at the Longtail project, per the request for environmental authorization from Guyana seen by Reuters. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

Natural Gas

Rigzone

JULY 23, 2025

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Var Energi Makes Gas, Condensate Find Offshore Norway by Andreas Exarheas | Rigzone Staff | Wednesday, July 23, 2025 | 10:09 AM EST 'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said.

Gas Condensate

Oil & Gas 360º

MAY 29, 2025

million barrels per day (bpd). The deal doesnt cover condensate production and has no limits on it. million tons of crude oil and condensate in 2025, or about 2 million bpd, which would be 9.7% million barrels from cumulative output by 2026. Under the OPEC+ agreement, Kazakhstans crude oil production quota is below 1.5

Oil

Egypt Oil & Gas

MARCH 6, 2025

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5% from January to 1.83

BBL

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

Oil & Gas 360º

MAY 29, 2025

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 million barrels of oil equivalent (“boe”) for the well. Gross Recoverable Condensate (MMBC) 3.5 Net Recoverable Condensate (MMBC) 2.7

BCF

Rigzone: News

FEBRUARY 25, 2025

crude oil production, including lease condensate, averaging 13.59 million barrels per day this year. According to its latest short term energy outlook, the EIA sees U.S.

Crude Oil

Oil & Gas 360º

MAY 12, 2025

million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). MMBBL condensate/NGL. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4 billion cubic feet (BCF) natural gas and 66.5 The net risked recoverable contingent resource (2C Development Pending) is 501.9

Gas

Oil & Gas 360º

MARCH 27, 2025

In 2020-2021, global commodity traders Trafigura, Vitol and Mercantile joined Vostok oil, Rosnefts flagship project that is expected to produce up to 2 million barrels per day (bpd) by 2030, but left it after February 2022. Oil and gas exports are a key revenue source for Moscow. Other shareholders are Japanese companies Mitsui 8031.T

Energy

Egypt Oil & Gas

APRIL 13, 2025

These discoveries are set to add approximately 12 million barrels of oil equivalent (mboe) in reserves, with 4 mboe deemed recoverable. Khalda Petroleum Company (Apache) has successfully made three new oil and natural gas discoveries in its concession areas in the Western Desert.

Petroleum