Rigzone

JULY 22, 2025

The assets to be sold hold about 463 million barrels of 2C resources, London-based Tullow said in a statement online. The transaction involves the sale of the shares of Tullow Kenya BV by Tullow Overseas Holdings BV to Gulf Energy’s Auron Energy E&P Ltd. for at least $120 million in cash.

Energy 95

Energy Energy Probable Reserves E&P 95

Rigzone

JUNE 30, 2025

“Based on its decade long exploration and development success in Guyana in particular, ExxonMobil has created almost $30 billion in value and already surpassed 700,000 barrels per day of new oil production,” he added. “The company has set a new benchmark in opening up a deepwater frontier at pace.

Upstream 89

Upstream Exploration and Production Oil E&P 89

Oil & Gas 360º

JUNE 23, 2025

million barrels per day in the second quarter of 2025. Additionally, TIPRO points to recent data from the U.S. Energy Information Administration (EIA) showing domestic crude oil production reached an all-time high of 13.5 Oil production has jumped this year after hitting a record 13.2

Gas 130

Gas Oil Natural Gas Maintenance Technician 130

Oil Gas Leads

JUNE 11, 2025

private) (N/A – private; high gas focus) (N/A – private) ~7–9 rigs in Oklahoma (2025) (21 wells drilled in 2023) Note: MBOE/d = thousand barrels of oil equivalent per day. production from Anadarko (Q2 2024) (N/A – private) ~7–9 rigs in Oklahoma (2025) Mewbourne Oil Co. Liquids” includes crude oil and NGLs. CapEx = capital expenditures.

Operator 52

Operator Gas Oil Basin 52

Rigzone

JUNE 10, 2025

“The transaction will immediately position the new joint venture as a market leader in the UKCS [UK continental shelf], with a projected 2025 production of approximately 130,000 barrels of oil equivalent per day”, a joint statement said.

Operator 62

Operator E&P Exploration and Production E&A 62

Permian Basin Oil and Gas Magazine

JUNE 26, 2025

Viper SWOT Viper Energy delivers strong operational results, with Q1 2025 oil production of 31,311 barrels per day and industry-leading gross profit margins of 92.92 Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk. Weak natural gas prices ($2.08/Mcf

Royalty 59

Royalty E&P E&A Royalty Interest 59

Oil Gas Leads

JULY 25, 2025

Outlook: Disciplined Growth in a Cyclical Market Liberty acknowledged a likely slowdown in completions activity in the second half of 2025, driven by E&P capital discipline and supply-demand rebalancing across the oilfield services sector. Liberty Energy Inc.

Energy 52

Energy Energy Basin Completion 52

Oil & Gas 360º

JUNE 26, 2025

a barrel, after an earlier rally faded. million barrels a day, more than Saudi Arabia and Iran combined, and companies in its shale basins have a unique ability to ramp up output quickly — within about 6 to 9 months — with the right oil-price incentive. Trump called to increase in U.S. West Texas Intermediate declined 4% at 12:47 p.m.

Basin 130

Basin Abandonment Oil Barrel 130

Oil & Gas 360º

JULY 15, 2025

” A solid economy shrugging off trade conflicts would make it easier for OPEC+, which groups OPEC plus Russia and other allies, to proceed with its plan to pump more barrels to regain market share after years of cuts aimed at supporting the market. .” attacks on Iran. million bpd, up 349,000 bpd from May.

E&P 130

E&P Refinery Exploration and Production Crude Oil 130

Oil & Gas 360º

JUNE 11, 2025

million barrels per day in 2026, up roughly 40,000 barrels from last month’s forecast, mitigating the impact of reduced activity in other crude-producing regions. The DUC count — which rose by 25 to 5,319 in May — tends to rise when the shale sector wants to wait out low oil prices and then frack when they get higher.

Oil 130

Oil Exploration and Production Drilling rig Barrel 130

Oil & Gas 360º

JULY 15, 2025

Willow itself, approved in 2023 and now under construction, is expected to reach peak output of 180,000 barrels per day and remains one of the largest U.S. per barrel in the 2024 fiscal year, and the Alaska Department of Revenue projects the price to fall to $74.48/barrel oil developments in decades.

E&P 130

E&P Exploration and Production Petroleum Barrel 130

CNBC: Energy

JUNE 13, 2025

The Dow Jones Industrial Average dropped nearly 2%, leading to the downside, while both the S & P 500 and Nasdaq fell more than 1%. Brent crude, the international benchmark, surged 7% to above $74 a barrel. oil benchmark West Texas Intermediate crude also popped 7%, trading close to $73 a barrel.

Finance 42

Finance E&P E&A IT 42

Oil & Gas 360º

MARCH 10, 2025

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130

E&P Exploration and Production Oil Field 130

OilPrice

APRIL 15, 2025

million barrels of oil equivalent per day (boe/d). TotalEnergies expects the results in its exploration & production (E&P) division to reflect the higher production compared to the same quarter last year, as well as a price

E&P 133

E&P Exploration and Production Gas Oil 133

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 Completion 130

Oil & Gas 360º

JULY 11, 2025

According to the International Energy Agency, the Kingdom overshot its June production quota by a whopping 700,000 barrels per day, pumping 9.8 Riyadh claims the bump in exports and refinery runs wasn’t about breaking ranks, but simply moving barrels amid regional tension. But 700,000 barrels per day isn’t a rounding error.

Refinery 130

Refinery Barrel E&P Oil 130

Oil & Gas 360º

MARCH 18, 2025

MOL has ambitious E&P investment plans. thousand barrels of oil equivalent per day (boed). As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Gyrgy Bacsa, COO of MOL Hungary. It is clear that we need to reduce Hungary’s import dependence by all means available.

Field 130

Field Exploration and Production Oil E&P 130

Oil & Gas 360º

MAY 27, 2025

million barrels daily. Today, the Permian is producing over 6 million barrels daily, accounting for nearly half of the U.S. The consultancy expects output there to add 200,000 barrels daily this year, for a total of 6.6 million barrels daily. million barrels daily in 2035. To be sure, the boom days seem to be over.

Barrel 130

Barrel Consulting Oil Basin 130

Oil & Gas 360º

APRIL 25, 2025

per barrel during the January-March quarter, from $11.01 a barrel a year earlier. (BOE Report) – Phillips 66 reported a bigger-than-expected loss in the first quarter on Friday, as lower refining margins amid a widespread maintenance and turnaround activity across the U.S. refining sector weighed on its performance.

Refinery 130

Refinery Maintenance Utilities Barrel 130

Oil & Gas 360º

APRIL 16, 2025

In addition, as of December 31, 2023, LACh had 280 million barrels of oil equivalent (MMboe) of P1 reserves according to the Argentine Secretary of Energy (at 100% working interest). LACh spans across 46,594 acres in the black oil window of Vaca Muerta. As of December 31, 2024, it had 247 wells on production.

Oil 130

Oil Barrel Crude Oil Basin 130

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 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. Libya aims to boost its oil production and attract foreign investments in its oil industry amid a period of relative stability in the country.

Exploration and Production 130

Exploration and Production Oil Crude Oil Barrel 130

Rextag

MAY 5, 2025

The Ballymore development is designed to produce up to 75,000 gross barrels of oil per day from three production wells, all connected via a subsea tieback to Chevrons existing Blind Faith facility, located approximately three miles from the well site. holding a 60% working interest, with TotalEnergies E&P USA, Inc.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

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

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

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. (World Oil) –Chevron Corp. The filing listed the layoff date as July 15, 2025.

Basin 130

Basin Operator Oil 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 Condensate 147

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. Carlyle Group is seeking to sell SierraCol Energy Ltd., Colombias biggest independent oil producer, for $1.5 billion, Reuters reported last month. in 2020 for about $825 million.

Natural Gas 130

Natural Gas Oil Petroleum 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

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. (BOE Report) – ConocoPhillips is exploring the sale of oil and gas assets in Oklahoma that it inherited from its $22.5 billion takeover of Marathon Oil last year, people familiar with the matter said.

Basin 130

Basin Natural Gas Oil Completion 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., (World Oil) –INEOS Energy has completed its acquisition of the U.S. Gulf business held by CNOOC Energy Holdings U.S.A. subsidiary of CNOOC International Ltd.

Gas 130

Gas Oil Completion Energy 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%. First production is expected in 2026/27.

E&P 52

E&P Completion Offshore Barrel 52

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. shale production for the second month in row.

Oil 130

Oil Upstream Barrel E&P 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. (Investing) –NEW YORK – Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. billion.

Energy 130

Energy Energy Basin Management 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. The indicated annual rate is $4.08.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

MAY 2, 2025

million oil-equivalent barrels per day from Permian growth driven by the acquisition of Pioneer. (Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. billion, down from $8.2

Basin 130

Basin Upstream Oil Offshore 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. Indeed, Big Oil has finally accepted it will not transform into Big Green Power and has gone back to what it does best: hydrocarbons.

Oil 130

Oil Field Gas Natural Gas 130