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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

. “I am also pleased to be able to announce our initial Q1 results from the Williston project which continues to perform as a cash generating engine for the wider group. 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 net wells).

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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

The term advantaged is used repeatedly in the earnings release not as corporate jargon, but as a meaningful lens into ExxonMobils capital allocation and earnings engine. ExxonMobils first-quarter 2025 results reveal a clear narrative: U.S. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.

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Sulaymaniya Firm to Build $2bn Kirkuk Refinery

Iraq Business News: Oil & Gas

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.

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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

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.

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ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Oil Gas Leads

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

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

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.

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.

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