Rigzone

JULY 1, 2025

TXOGA President Todd Staples said in the statement, “in these times of geopolitical uncertainty and military conflict, Texas remains not only a supplier of barrels but a builder of confidence” “It is encouraging to see job growth and for Texas and America to be seen as a stable trading partner.

Upstream 67

Upstream Natural Gas Royalty Gas 67

Energy Central

AUGUST 12, 2024

a barrel to below $75.00 The most recent driver is the negative sentiment pervading the stock market, which has extended its. Over the past month, the price of West Texas Intermediate (WTI) has fallen from about $85.00 Concerns about weaker demand from China have negatively impacted oil prices for a while, and now fears of a U.S.

Oil 40

Oil Drivers Barrel IT 40

Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production.

Gas 75

Gas Exploration and Production Pipeline Refinery 75

Energy Central

OCTOBER 7, 2024

million barrels per day. oil output remains a key driver of the global energy market. According to the latest Weekly Petroleum Status Report from the U.S. Energy Information Administration, year-to-date daily average oil production is 13.2 higher than last year’s record production of 12.5 million BPD. This ongoing growth in U.S.

Oil 40

Oil Drivers Crude Oil Petroleum 40

Iraq Business News: Oil & Gas

FEBRUARY 9, 2025

Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion.

Refinery 52

Refinery Drivers Petroleum Barrel 52

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. The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. net wells).

BCF 130

BCF Energy Energy Condensate 130

Orient Energy Review

MARCH 27, 2023

Observers say thats a much weaker position than normal for this time of the month when trade should be moving on to Mays barrels and the prices the shipments can fetch are dropping, they said. Each cargo is about a million barrels of crude. Well over 80% of Frances 1.1 Long-haul buyers like Indian Oil Corp.

Oil 52

Oil Barrel Refinery Maintenance 52

Oil Gas Leads

MAY 2, 2025

This was part of a global 20% increase in production, fueled by: The Pioneer Natural Resources acquisition Continued development in the Permian Basin Structural cost savings and operational efficiencies Permian production alone helped add 767,000 barrels of oil equivalent per day (boe/d) to Exxons total output, a significant portion of its 4.55

Upstream 52

Upstream Consulting Basin Engineering 52

Oil Gas Leads

MARCH 4, 2025

A combination of rising energy prices, stable production, and economic expansion has positioned the region as a key driver of the U.S. per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% million barrels per day (bpd) , reflecting a 1.3% oil and gas sector. increase compared to the third quarter.

Basin 52

Basin Energy Energy Natural Gas 52

Oil Gas Leads

MARCH 14, 2025

million barrels per day (bpd) accounting for over 16% of the basins total production. Unlocking the Permians Untapped Potential The Permian Basin remains a critical driver of U.S. Following its 2024 acquisition of Pioneer Resources , ExxonMobil has solidified its position as the largest producer in the Permian Basin , with 1.3

Basin 52

Basin Sustainable Sustainability Technician 52

Oil Gas Leads

MARCH 8, 2025

The EPIC acquisition will allow them to shift these barrels onto their own network , capturing better margins and improving logistics efficiency. Phillips 66 currently moves 125% of its Sand Hills pipeline capacity , meaning they have been forced to ship volumes on third-party systems.

Basin 52

Basin Midstream Pipeline Operator 52

Oil Gas Leads

MARCH 11, 2025

Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S. Marcus Hook Terminal Expansion Adding a 900,000-barrel refrigerated ethane storage tank. oil and gas production , with Energy Transfer reporting a 9% increase in legacy Permian throughput in 2024.

Energy 52

Energy Energy Basin Pipeline 52

Oil Gas Leads

MARCH 8, 2025

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. As ONEOK continues to integrate its recent acquisitions and optimize operations, the Permian Basin remains a core driver of its success.

Basin 52

Basin Natural Gas Pipeline BCF 52

Rextag

APRIL 24, 2025

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Conclusion: Austin Chalks Gas Revival is Here What started as a secondary zone is fast becoming South Texas primary growth driver for natural gas. Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Whos Leading the Charge?

Gas 52

Gas BCF BBL Exploration and Production 52

Rextag

FEBRUARY 24, 2025

Haynesville (Louisiana & East Texas) LNGs Key Driver 2023-2024 Overview Unlike the Permian Basin, which primarily drives crude oil growth, Haynesville is the primary engine behind U.S. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel. LNG export expansion.

Basin 40

Basin Oil Gas Exploration and Production 40

Rextag

APRIL 24, 2025

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Conclusion: Austin Chalks Gas Revival is Here What started as a secondary zone is fast becoming South Texas primary growth driver for natural gas. Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Whos Leading the Charge?

Gas 40

Gas BCF BBL Exploration and Production 40

OilPrice

JUNE 10, 2025

.- According to industry consultant Wood Mackenzie, the US Gulf of America (also known as the Gulf of Mexico before President Trump) will become the US’ main driver of oil supply growth this year.-

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Oil Drivers Consulting Barrel 268

Oil & Gas 360º

MAY 5, 2025

a barrel, while West Texas Intermediate crude futures dipped by 1.2% a barrel by 07:43 EST (11:43 GMT). key driver of this trend has been U.S. Brent oil futures for June fell 1.1% Crude has gotten off to a relatively weak start to 2025, as heightened global economic uncertainty darkened the outlook for prices.A

Oil 130

Oil Barrel Drivers Petroleum 130

Oil & Gas 360º

MARCH 13, 2025

million barrels per day (bpd) in 2025 and climb further to 13.76 producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. oil prices are currently around $68 a barrel. million bpd in 2026. But there is an obvious problem here. The CEO of U.S. Benchmark U.S.

Energy 130

Energy Energy Oil Crude Oil 130