Oil & Gas 360º

APRIL 14, 2025

We are focused on delivering more affordable and reliable energy from this region, building our capacity to over 400,000 barrels of oil equivalent per day by the end of the decade. million barrels of oil equivalent in 2030, with the capacity to increase production out to 2035. bp expects to grow its global upstream production to 2.3

Oil 130

Oil Exploration and Production Sidetracking Upstream 130

Oil & Gas 360º

APRIL 9, 2025

oil producers need a new efficiency boost, a major one at that, if they dont want to begin slowing activity and production levels amid WTI Crude price crashing down to $55 per barrel as of Wednesday morning. That level is already about $10 a barrel below the average $65 per barrel price U.S. Chevron and the other U.S.

IT 130

IT Basin Barrel Oil 130

Oil & Gas 360º

APRIL 25, 2025

per barrel during the January-March quarter, from $11.01 a barrel a year earlier. The companys refining unit posted a loss of $937 million during the first quarter, compared with a profit of $216 million a year ago. Phillips 66 said its realized refining margins fell to $6.81

Refinery 130

Refinery Maintenance Utilities Barrel 130

Oil & Gas 360º

MAY 7, 2025

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.

Energy 147

Energy Energy Exploration and Production Barrel 147

Oil & Gas 360º

MAY 5, 2025

produced about 5 million barrels of crude oil per day, down by half from the 1970s. With even remote fields like Alaskas North Slope sputtering and the cost to find and extract an additional barrel of oil rising, collapse loomed. That $62 per barrel break-even price in Midland is up from $46 in 2017. Twenty years ago, the U.S.

Oil 130

Oil Barrel Field Basin 130

Oil & Gas 360º

MAY 19, 2025

North Dakota breakevens have historically been in the $55 to $60 a barrel range, said Nathan Anderson, director of the state regulator. Oil producers have started to slow output, dropping rigs, as prices have fallen below $65, the price required to break even.

Oil 130

Oil Operator Barrel E&P 130

Oil & Gas 360º

APRIL 21, 2025

Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Co-owner TotalEnergies E&P USA, Inc. Malo facilities. Chevron subsidiary Chevron U.S.A.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

APRIL 7, 2025

million barrels per day (bpd), NOC says. The national corporation looks to boost oil production to 2 million barrels per day within the next three years, contingent on sufficient funding. Libyas crude oil production currently exceeds 1.4 Foreign majors have also made steps to return to operations in Libya.

Exploration and Production 130

Exploration and Production Oil Crude Oil Barrel 130

Oil & Gas 360º

MAY 30, 2025

Chevrons Permian production has grown rapidly in recent years, and is on course to reach 1 million barrels of oil equivalent a day (boed) in the coming months, which would make up nearly a third of the companys global output.

Basin 130

Basin Oil Operator Barrel 130

Oil & Gas 360º

MARCH 26, 2025

The agreement is for an initial phase that includes oil and gas production of more than 3 billion barrels of oil equivalent. The wider resource opportunity across the contract and surrounding area is believed to include up to 20 billion barrels of oil equivalent.

Field 130

Field Oil Exploration and Production Barrel 130

Offshore Energies UK

MARCH 26, 2025

Its estimated 2P reserves and 2C resources are 657mn barrels of oil equivalent, up from 544mn boe in December 2023. It also bought Japex UK E&P March 25, adding 15 percentage points to its existing stake in Seagull which now stands at 50%. It begins the year as the largest resource holder in the UK continental shelf.

E&P 52

E&P Offshore Completion 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

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.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

MAY 15, 2025

World oil demand rose by 990,000 barrels per day (bpd) in the first quarter of 2025. (Oil Price) –Economic headwinds and record electric vehicle sales are set to materially slow down global oil demand growth for the rest of the year, the International Energy Agency (IEA) said on Thursday.

Oil 130

Oil Upstream Barrel E&P 130

Oil & Gas 360º

APRIL 2, 2025

The Anadarko assets produce around 39,000 barrels of oil equivalent per day, of which about half is natural gas, two of the sources said. Potential buyers include producers who are betting on a surge in demand for natural gas from power generation for data centers, another of the sources added.

Basin 130

Basin Natural Gas Oil Gas 130

Oil & Gas 360º

APRIL 2, 2025

The deal increases INEOS Energys production globally to over 90,000 barrels of oil equivalent per day (boed) and marks the third major investment by INEOS Energy in the U.S., Gulf business held by CNOOC Energy Holdings U.S.A. subsidiary of CNOOC International Ltd. in the past three years, following the 1.4

Oil 130

Oil Gas Completion Energy 130

Oil & Gas 360º

APRIL 2, 2025

A press official for Carlyle Group declined to comment.SierraCol, which produces around 45,000 barrels of oil equivalent a day (boed), also declined to comment. We have yet to decide if we present an offer, Guzman added, declining to provide a potential amount.

Natural Gas 130

Natural Gas Oil Petroleum Barrel 130

Oil & Gas 360º

APRIL 28, 2025

The well performed in line with expectations during the 12-day production test, averaging 2,700 barrels of oil per day during the final flow period, without artificial lift. The vertical Sockeye-2 well was completed in a single 25-foot interval at approximately 9,200 feet TVD, without stimulation.

Exploration Well 130

Exploration Well Completion Oil Barrel 130

Oil & Gas 360º

MAY 2, 2025

million oil-equivalent barrels per day from Permian growth driven by the acquisition of Pioneer. Upstream earnings increased by $1.1 billion from a year earlier to $6.8 billion, thanks to continued growth in the Permian and Guyana, as well as structural cost savings. Exxons net production jumped by 20% to 4.6

Basin 130

Basin Upstream Oil Offshore 130

Oil & Gas 360º

MARCH 27, 2025

VTX produces around 46,000 barrels of oil equivalent per day from about 46,000 net acres (186 square kilometers) across two Texas counties, according to its website. The deliberations are at an early stage, the sources said, cautioning that a deal is not guaranteed and Vitol could ultimately choose to keep the business.

Energy 130

Energy Energy Basin Oil 130

Oil & Gas 360º

APRIL 28, 2025

per barrel WTI and $4.28 per barrel WTI and $4.09 The program covers approximately 85% of Prairies remaining daily production for 2025, locking in prices at $68.27 per MMBtu Henry Hub. For the period from 2026 through Q1 2028, the hedges secure pricing at $64.29 per MMBtu Henry Hub.

Completion 130

Completion Operator Hydraulic Fracturing Natural Gas 130

Oil & Gas 360º

APRIL 30, 2025

million barrels of oil equivalent (“mmboe”), 2C resources of 34 mmboe and 2U resources 270 mmboe. Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in theParadox Basin,Utah, 25,000 acres ofwhich has been assessed to hold, net to Zephyr, 2P reserves of 2.6

Energy 130

Energy Energy Basin Operator 130

Oil & Gas 360º

MAY 12, 2025

million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). The resulting seismic-derived facies models provide a significant improvement over all older characterization efforts. The CHPE best estimate for Contingent Resource volumes (2C Development Pending) is 627.4 BCF natural gas and 53.2

Gas 130

Gas Exploration and Appraisal Energy Energy 130

Oil Gas Leads

MAY 6, 2025

That means cutting around 2 million barrels per day. The company announced a 10% cut in capital spending and said it wont resume growth until crude climbs back into the $55$65 per barrel range. Weve done an incredible job becoming the worlds largest oil producer, a Texas-based E&P exec said. And while the U.S.

Oil 52

Oil Basin Barrel Operator 52

Oil & Gas 360º

APRIL 10, 2025

It is targeting 365 million barrels ofunrisked and 32 million barrels of risked prospective light/medium oil resources (1) , or 1.9 Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far.

Exploration Well 130

Exploration Well Spud-in Petroleum Exploration and Production 130

Oil & Gas 360º

MAY 13, 2025

million barrels of oil equivalent (“mmboe”), 2C resources of 34 mmboe and 2U resources 270 mmboe. Zephyr’s flagship asset is an operated 46,000-acre leaseholding located in theParadox Basin,Utah, 25,000 acres ofwhich has been assessed to hold, net to Zephyr, 2P reserves of 2.6

Energy 130

Energy Energy Basin Operator 130

Oil Gas Leads

MAY 15, 2025

In that month, it produced 11,802 barrels of oil and 139,548 MCF of gas. It produced 16,238 barrels of oil and 579,133 MCF of gas during that month. It produced 16,335 barrels of oil and 401,618 MCF of gas in that month. The pipeline system comprises two active segments: OM (Other Modification): 38.55 Regulated Miles: 0.00

Pipeline 52

Pipeline Gas Oil Basin 52

Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG).

Basin 130

Basin Oil Petroleum Gas 130

Oil & Gas 360º

MARCH 31, 2025

The supermajor just announced the final investment decision on a Trinidad and Tobago gas project, due to start producing in two years with a peak output of 62,000 barrels of oil equivalent daily. It also got an approval from the Iraqi government to start the development of two oil fields in the north. BP is very much back.

Oil 130

Oil Gas Field Natural Gas 130

Oil & Gas 360º

JUNE 3, 2025

This transaction positions Viper to compete for capital with mid and large cap North American E&Ps; except with higher margins, minimal operating costs, and the lowest dividend breakeven in the space. Viper defines free cash flow margin as cash flow from operations less capital expenditures divided by total barrels of oil equivalents.

Royalty 130

Royalty Energy Energy Basin 130

Oil & Gas 360º

MARCH 10, 2025

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Rextag

MAY 8, 2025

Equinor Q1 2025 Performance Total Equity Production: 2,123 mboe/day Equinors total equity production in the first quarter of 2025 was 2,123 thousand barrels of oil equivalent per day (mboe/d). This represents a slight decline compared to 2,164 mboe/d in Q1 2024 a decrease of about 1.9%. increase from 1,056 mb/d in Q1 2024. shale basins.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

APRIL 24, 2025

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). While the Eagle Ford Shale still contributes 73% of this supply, the Austin Chalk is showing the fastest growth trajectory. 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

APRIL 24, 2025

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). While the Eagle Ford Shale still contributes 73% of this supply, the Austin Chalk is showing the fastest growth trajectory. 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

Oil & Gas 360º

MARCH 27, 2025

million barrels per day (bpd), a record level and nearly half the all-time high 13.5 Producers are dealing with rising levels of water and gas per barrel produced, which is slowing growth and driving up costs. At 12-to-1, it would be nearly $8 a barrel. President Donald Trump in his drill, baby, drill mantra.

Oil 130

Oil Basin Barrel Hydraulic Fracturing 130

Oil & Gas 360º

MAY 19, 2025

benchmark WTI crude prices at $60 per barrel, its mostly hold, baby, hold in the American shale patch, where output in the major basins except the Permian has already started to level off or drop. oil production despite President Donald Trumps drill, baby, drill slogan. With the U.S. With the low oil prices, Kpler has now cut its U.S.

Oil 130

Oil Crude Oil Barrel Basin 130

Oil & Gas 360º

MAY 15, 2025

Supply from countries outside the Declaration of Cooperation – the formal name for OPEC+ – will rise by about 800,000 barrels per day in 2025, OPEC said in a monthly report, down from last months forecast of 900,000 bpd. President Donald Trumps tariffs. On May 5 Brent settled close to $60, its lowest settlement since 2021.

Oil 130

Oil Exploration and Production E&P Barrel 130