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U.S. Rig Count Rises – Baker Hughes

Oil Gas Leads

million barrels per day (bpd), up from a record 13.2 per barrel at $68.28, which is a $1.25 per barrel increase from last week. per barrel at $72.09, which is a $1.75 per barrel increase from last week. crude production is expected to increase to approximately 13.6 million bpd in 2024. Brent: Trading up by $0.09

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GPC Operates Modern Drilling Rigs in Eastern Desert, To Drill 75 Oil Wells in One Year

Egypt Oil & Gas

This is expected to add about 7,500 barrels per day (bbl/d) and increase the total production of Ras Gharib fields to 9,000 bbl/d, driven by the efforts of GPCs engineers and technicians.

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China's EBS signs Amendment to East Baghdad Oil Field Contract

Iraq Business News: Oil & Gas

EBS Petroleum is a body registered in Iraq to conduct petroleum operations on behalf of China's ZhenHua Oil , The Minister confirmed that the agreement will enable the field to increase output by up to 100,000 barrels per day (bpd), expanding from its current production of approximately 45,000-50,000 bpd.

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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

million barrels per day (bpd) in 2024 to around 13.6 Production and Market Outlook for 2025 Despite the overall rig count decline, production forecasts remain bullish : The EIA projects that U.S. crude oil production will rise from a record 13.2 million bpd in 2025.

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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. Traditional flaring inspection methodsreliant on expensive flyovers and in-person technician visitsare being replaced by remote cameras and AI-driven monitoring , significantly reducing costs and inspection times. energy production, contributing 6.26.3

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Taking Carbon Captive

Permian Basin Oil and Gas Magazine

This lets Oil States technicians connect a new upper casing or wellhead to a stump of cut-out casing below the surface, to make a seal equivalent to the original premium casing connections in axial load and pressure sealing ratings. This is because the volume of CO 2 that is injected to produce the barrel is equal to the emissions it creates.

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