Barrel Drilling rig Exploration and Production 
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. Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. Shale’s ability to add 4.2
Oil Gas Leads
APRIL 29, 2025
Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns.
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Oil & Gas 360º
APRIL 23, 2025
Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.
Rextag
JUNE 2, 2025
Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. In 2025, crude and condensate output is projected to rise by 200,000 barrels per day (b/d), reaching 6.6 million b/d.
Oil & Gas 360º
MAY 13, 2025
Petrobras is sticking with its plans to expand oil production, along with other international oil majors including Exxon Mobil Corp., shale operators who need more than $60 a barrel to cover costs, Petrobrass breakeven price is $28 a barrel. Chevron Corp. Unlike U.S. billion reais, slightly below the 62.2 billion reais, 48.6%
Oil & Gas 360º
APRIL 29, 2025
West Texas Intermediate oil prices have fallen by about 20, to near $63 a barrel, since U.S. In recent weeks, OPEC and its allies added to the headwinds by surprising the market with plans to revive curtailed production earlier and faster than expected. a barrel. as well, where Precision Drilling Corp.
Oil & Gas 360º
JUNE 11, 2025
sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. The production forecast for next year represents a drop of 120,000 bpd from the agency’s previous projections in May. saying production has already peaked. saying production has already peaked. (World Oil) – The U.S.
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