Egypt Oil & Gas

AUGUST 5, 2025

The Western Desert Operating Petroleum Company (WEPCO), an Egyptian state‐established energy firm, has raised its daily natural gas output to 8,300 barrels of oil equivalent per day (boe/d) following the integration of the 5st-10 development well at the Badr-1 field onshore the Western Desert.

Gas

Rextag

JUNE 26, 2025

announced a definitive agreement to acquire substantially all of Plains All American Pipeline’s Canadian natural gas liquids (NGL) business, along with select U.S. Keyera Corp. assets, for a total cash consideration of C$5.15 billion (US$3.76

Midstream

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. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5

Gas

Rigzone

AUGUST 6, 2025

According to the statement, Aramco’s total hydrocarbon production came in at 12.780 million barrels of oil equivalent per day in the second quarter. Aramco’s total hydrocarbon production was 12.544 million barrels of oil equivalent per day in the first six months of 2025, the statement showed.

Gas

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

Exploration and Production

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

Oil

Rigzone

JULY 24, 2025

million standard cubic meters a day of gas in June. million standard cubic meters a day of gas in June. million standard cubic meters a day (MMscmd) of natural gas in June, down for the fourth month in a row. million barrels per day (MMbd), down 6.4 Meanwhile Norway’s oil production in June averaged 1.68

Gas

Rigzone

JULY 17, 2025

0% Brent Crude $68.41 -0.16% Natural Gas $3.58 +0.82% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Santos Q2 Revenue Slightly Hit by Lower Prices by Jov Onsat | Rigzone Staff | Thursday, July 17, 2025 | 3:21 AM EST Weaker liquids prices offset higher sales volumes. Domestic gas sales rose from 45.8 million barrels to 1.85

Barrel

Rigzone

AUGUST 8, 2025

“The company is currently producing gas and condensates from the operated blocks Aguada Pichana Este and San Roque, with a combined production of around 50,000 barrels of oil equivalent per day in TotalEnergies share in 2024,” he continued.

Exploration and Production

Oil Gas Leads

JUNE 11, 2025

Top 10 Oparators in Oklahoma by Wells Drilled (June 2025) Company Oklahoma Production Oklahoma CapEx Active Rigs (Drilling) Ovintiv ~91 MBOE/d (Q1 2025; ~55% liquids) ~$300–$325 MM planned 2025 ~1–2 rigs (added one in early 2025) Mach Natural Resources (Mach) ~86.7 Liquids” includes crude oil and NGLs. CapEx = capital expenditures.

Operator

Rigzone

JULY 29, 2025

Crude and condensate production slumped to 1.63 million barrels per day, down 8.6% Natural gas output was almost 3.6 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.

Finance

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.

Basin

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

Rigzone

AUGUST 5, 2025

Production of oil, condensates and natural gas liquids grew quarter-on-quarter particularly in US shale, Auchincloss said in a telephone interview on Tuesday. Brent slid about 9 percent in the period and is now hovering just below $70 a barrel - the level BP uses to model financial targets.

Oil

Rigzone

AUGUST 7, 2025

0% Brent Crude $66.39 -0.06% Natural Gas $3.08 +0.29% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Russia Says Drone Attack Caused Fire at Afipsky Refinery by Bloomberg | Bloomberg News | Thursday, August 07, 2025 | 11:23 AM EST The incident comes during a renewed wave of Ukrainian drone strikes targeting Russia's downstream oil sector.

Refinery

OilPrice

MARCH 11, 2025

ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. 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

APRIL 14, 2025

Russia expects its natural gas exports, including via pipeline and LNG, to jump twofold by 2030 and threefold to 2050 under its new long-term energy strategy approved by the government on Monday. Crude oil and condensate production is targeted to increase from 531 million metric tons per year, or 10.66 million bpd, by 2050.

Natural Gas

Oil & Gas 360º

MARCH 11, 2025

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil.

Natural Gas

Rigzone: News

FEBRUARY 18, 2025

BP expects an additional production of 220 billion cubic feet of natural gas and seven million barrels of condensate.

Condensate

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 12, 2025

billion cubic feet (BCF) natural gas and 66.5 million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). BCF natural gas and 53.2 MMBBL condensate/NGL. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4

Gas

Egypt Oil & Gas

APRIL 13, 2025

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

Petroleum

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. About EOG Resources EOG Resources, Inc.

Exploration and Production

Oil & Gas 360º

MARCH 27, 2025

SAKHALIN-2 OIL AND GAS AND LNG PROJECT Kremlin-controlled energy giant Gazprom (MCX: GAZP ) in 2024 acquired a 27.5% stake, formerly owned by Shell, in Russian liquefied natural gas (LNG) producer Sakhalin Energy for around $1 billion, according to a government order. OMV paid 1.75

Energy

Egypt Oil & Gas

APRIL 10, 2025

In addition to sweetened gas, the refinery also produced over 7.26 million barrels of gas condensates, more than 34,000 metric tons of granulated sulfur, and over 373,000 liters of natural gas odorant in 1403, using 100% domestically sourced materials.

Refinery

Oil & Gas 360º

MARCH 10, 2025

. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay.

Exploration and Production

Oil & Gas 360º

APRIL 1, 2025

The Company believes the presentation of PV-10 provides useful information because it is widely used by investors in evaluating oil and natural gas companies without regard to specific income tax characteristics of such entities. PV-10 is not intended to represent the current market value of the Companys estimated proved reserves.

Basin

Egypt Oil & Gas

MARCH 24, 2025

Minister of Petroleum and Mineral Resources Karim Badawi confirmed that integrating new gas wells within the tenth phase of the West Delta Deep Marine (WDDM) development area into the production map and their connection to the national natural gas network represents a significant milestone for the sector.

Exploration and Production

Egypt Oil & Gas

MARCH 25, 2025

These discoveries have contributed to adding a total expected reserve (proven and probable) estimated at approximately 35 million barrels of oil equivalent (mmboe). Among the most prominent of these discoveries are the West Fewebs-1X well with a production capacity of 6,400 barrels of oil per day (bbl/d) and 25.5

Petroleum

Oil & Gas 360º

APRIL 23, 2025

Conventional / Mississippian Development Highlights Saturns 11-04 Frobisher Mississippian well at Browning in southeast Saskatchewan realized a record initial production rate after 30 days ( IP30 ) of approximately 340 barrels per day ( bbls/d ) based on a sample set of approximately 100 wells. GJ to $3.35/GJ.

Gas

Oil Gas Leads

MAY 3, 2025

Light Oil & Condensate: Production is rich in high-value hydrocarbons. This play may surprise the market as a future high-margin contributor, especially for nimble producers targeting niche barrels. Resource Potential: Rich in liquids and natural gas, with strong EURs (estimated ultimate recoveries).

Basin

Iraq Business News: Oil & Gas

APRIL 3, 2025

Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG.

Field

Rigzone

JUNE 6, 2025

million barrels of oil equivalent per day by 2030, “with capacity to increase further to 2035” BP pointed out in its release that the Shah Deniz Compression project is valued at $2.9 billion and that the company operates the Shah Deniz gas field with a 29.999 percent participating interest.

Exploration and Production

Oil & Gas 360º

APRIL 29, 2025

(World Oil) – Drillers in Canadas energy heartland of Alberta are shifting their focus to natural gas as the global trade war and an OPEC+ plan to increase output hammer crude prices. Canada is the worlds fourth-largest oil producer and the fifth-largest gas producer,accordingto the International Energy Agency.

Natural Gas