Valor

JUNE 16, 2025

Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. Stay tuned for weekly updates to keep you well-informed. to April highs after Friday’s 4.8%

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Energy Energy Field Gas 52

Oilfield Technology

JUNE 27, 2025

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

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Midstream BBL Exploration and Production Operator 52

Valor

JUNE 23, 2025

While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. resilience stems from shifting from importing 14 barrels per capita in 1977 to net exporting 2.5 Shale’s ability to add 4.2

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Energy Energy Barrel Oil 52

Rigzone

JULY 15, 2025

Image by Andrii Tokarchuk via iStock EnQuest PLC said it has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125 percent equity interest in the Chim Sáo and Dua production fields (Block 12W). As of January 1, net 2P reserves and 2C resources across the fields totaled 7.5

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Exploration and Production Energy Energy Field 67

Iraq Business News: Oil & Gas

JUNE 21, 2025

CEO Jon Harris reported strong performance so far this year, with gross average production of approximately 44,900 barrels of oil per day (bopd) supported by steady local demand and optimisation efforts. The company paid a $25 million [approx. billion] interim dividend in April and remains debt-free with $100 million [approx.

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Shutdown Petroleum Field Pipeline 59

OilPrice

MARCH 12, 2025

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) revealed on Wednesday. Production officially restarted on Sunday at an initial rate of 5,000 barrels per day, with plans for an increase to 25,000 bpd by July. mb/d currently to 2 mb/d in 2028.

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Field Shutdown Barrel Government 322

Iraq Business News: Oil & Gas

MARCH 20, 2025

bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl, with prices stabilising in a range of c.$27-$28/bbl million in 2024 (2023: $50.1 bbl (2023: $40.9/bbl) bbl (2023: $5.6/bbl),

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BBL Exploration and Production Operator Pipeline 64