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Oil Tanker Explodes Off Libyan Coast

OilPrice

The ship that carried about 1 million barrels of crude oil sustained a blast on June 27, a spokesperson for operator TMS Tankers told Reuters on Monday. The tanker had left the Libyan port of Zuetina and was en route to Gibraltar when an explosion occurred in the engine room.

Oil 314
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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Satellite data in the Global Gas Flaring Tracker shows that flaring intensity —the amount of gas flared per barrel of oil produced—has remained stubbornly high for the last 15 years. We should turn this wasted gas into an engine for economic development.”

BCM 95
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What Is The Biggest Oil Discovery of All Time?

Rigzone

million stock tank barrels. “Drilling of ‘Ain Dar began in 1948, with production starting in 1951 at an extraordinary rate of 15,600 barrels per day (bpd) of ‘dry oil’- which contains only a small amount of basic sediments,” the story noted. billion barrels of oil.

Oil 108
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Reusing produced water

Oilfield Technology

Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. As fields age, they generate higher water to oil ratios.

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US DOI Proposes Easing Regulations on Onshore Commingled Production

Rigzone

“This change, the result of extensive technical consultation with offshore industry leaders, could increase production output by roughly 10 percent, which would translate into over 100,000 barrels per day production increase over the next 10 years”, the BSEE said.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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.