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tariffs policy and OPEC+ pumping more barrels, Canada’s oil sands industry finds itself in a position of strength. Exxon-owned Imperial and its competitor Suncor have also switched to autonomous mining vehicles, eliminating the need to hire drivers to transport oil sands ore. shale costs up. bbl between 2017 and 2019, according to BMO.
Top posted industry occupations for May included retail salespersons (355), heavy and tractor-trailer truck drivers (285), and maintenance and repair workers, general (284). million barrels per day in the second quarter of 2025. Additionally, TIPRO points to recent data from the U.S.
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.
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/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?
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?
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.
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