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. This reduces our development costs and is expected to drive higher returns for shareholders.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Rigzone

JUNE 16, 2025

“Building on the momentum of the recent Ballymore and Anchor startups, we are very pleased to expand our successful partnership with Chevron, and we expect to mature Exploration drill decisions on these blocks utilizing advanced 3D imaging technology to unlock large remaining U.S. It is about 140 miles from the Louisiana coast.

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Offshore Exploration and Production Natural Gas Oil 75

Rigzone

JULY 8, 2025

“It has lost effective utility of all of its external proxies. “You can add another ~500,000 barrels per day if the Iraqi pipeline through Turkey to the Med were re-opened. It’s fair to say a surge in prices would probably be well above $100 per barrel, Morse told Rigzone. How long would high prices last?

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Barrel IT Oil Insurance 62

Rigzone

JUNE 26, 2025

Continental Resources produced 639,733 barrels of oil equivalent per day (boepd) in 2024, and had a well count of 5,055 and 21 active rigs, the complete list revealed. In its release, Enverus highlighted that the list was compiled utilizing data from its Foundations and Activity Analytics.

Gas 109

Gas Oil American Petroleum Institute Barrel 109

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Texas produced 2.003 billion barrels of crude oil in 2024 a record volume, according to Railroad Commission of Texas, and the first time for the state to top 2 billion barrels in one year. The commission said March 26 that Texas produced 2,003,844,281 barrels of oil to better the recent records of 1.99 billion barrels in 2019.

Natural Gas 52

Natural Gas Crude Oil Gas Oil 52

Egypt Oil & Gas

MARCH 16, 2025

He emphasized the importance of the South Azadegan processing project, noting that its capacity amounts to 320,000 barrels per day (b/d). Zarei stated that the launch of this major project in the South Azadegan oil field marks a significant step toward the development and optimal utilization of hydrocarbon resources.

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Field Utilities Crude Oil Petroleum 52

Iraq Business News: Oil & Gas

MARCH 26, 2025

The agreement includes a comprehensive rehabilitation plan aimed at increasing crude oil production to 420,000 barrels per day and utilizing associated gas through the North Gas Company (NGC) to produce 400 million standard cubic feet per day.

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Field Oil Associated Gas Crude Oil 63

Valor

JUNE 16, 2025

Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% The system shares data with Texas’ Utilities Commission to identify critical infrastructure under SB 3/HB 3648 laws, linking upstream production to power plants. Stay tuned for weekly updates to keep you well-informed.

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Energy Energy Field Gas 52

Oil & Gas 360º

MARCH 27, 2025

WESTERN COMPANIES IN RUSSIA UNIPER The Kremlin took action in April 2023 against Unipro, the Russian division of German utility Uniper, which has five power plants in Russia, by placing it under Moscows control. Shell also sold its Russian retail and lubricants business to Lukoil in 2022. OMV paid 1.75

Energy 130

Energy Energy Oil Gas 130

Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to refining capacity. Abdul Ghani emphasized Iraq's strategy of integrated projects, linking oil production, gas utilization, power generation, refining, and petrochemical industries.

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Gas Exploration and Production Pipeline Refinery 75

Oil & Gas 360º

APRIL 28, 2025

Rusch Pad: 11-Well Development Ahead of Schedule On April 2, 2025, Prairie announced the launch of an 11-well development program at the Rusch Pad, utilizing one of Precision premier rigs in the basin. per barrel WTI and $4.28 per barrel WTI and $4.09 per MMBtu Henry Hub. per MMBtu Henry Hub.

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Completion Operator Hydraulic Fracturing Natural Gas 130

Rigzone

JUNE 23, 2025

The project utilizes floating production deep draft caisson vessel (DDCV) technology, which has gained the world record for deepwater drilling and production depths, the company said. The FPU will have an initial production capacity of 60,000 barrels of oil per day and 40 million cubic feet of natural gas per day, according to the statement.

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Exploration and Production Pipeline Field Topsides 62

Iraq Business News: Oil & Gas

FEBRUARY 5, 2025

Al-Sudani has overseen the signing of an $800-million contract for the expansion of Al-Diwaniya Refinery , adding a 70,000 barrel-per-day (bpd) atmospheric distillation unit to raise total capacity to 90,000 bpd. Energy & Utilities: Power generators: 10 MW/hour. By John Lee. Prime Minister Mohammed S. Nitrogen plant: 1,400 m/hour.

Refinery 52

Refinery Petroleum Utilities Barrel 52

Rigzone

JULY 1, 2025

TXOGA President Todd Staples said in the statement, “in these times of geopolitical uncertainty and military conflict, Texas remains not only a supplier of barrels but a builder of confidence” “It is encouraging to see job growth and for Texas and America to be seen as a stable trading partner.

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Upstream Natural Gas Royalty Gas 67

Oil Gas Leads

JUNE 2, 2025

CNRLs drill-to-fill strategy refers to its approach of drilling new wells primarily to maintain or maximize facility and infrastructure utilization , rather than for aggressive production growth. This strategy is designed to optimize existing assets such as pipelines, processing plants, and upgrader capacity.

Basin 52

Basin Natural Gas Operator Oil 52

Rextag

NOVEMBER 25, 2024

crude oil inventories grew by 545,000 barrels last week to reach 430.3 million barrels , defying analyst forecasts of an 800,000-barrel decline. million barrels to 389.2 million barrels, while stockpiles at Cushing, Oklahomathe key Nymex delivery hubfell by 140,000 barrels to 25.1 million barrels.

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Refinery Barrel Oil Crude Oil 40

Oil & Gas 360º

MAY 12, 2025

The companys 2023/24 proprietary 3D seismic program was fully utilized in the preparation of the report and integrates three legacy wells; the dataset provides open-hole logs, core and gas test/production data. million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). BCF natural gas and 53.2

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Gas Exploration and Appraisal Energy Energy 130

Egypt Oil & Gas

APRIL 20, 2025

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. It supports GPCs efforts and aims to maximize the utilization of its capabilities, ultimately contributing to a reduction in the import bill.

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Drilling rig Operator Petroleum BBL 52

Exprodat

JUNE 5, 2025

The initial versions of the tool were very popular and through discussions with our users we could see they were making many new and innovative gun barrel plots. These enhancements really help you create the gun barrel diagrams that you need. Having just released version 3.3 Having just released version 3.3

Barrel 52

Barrel Utilities Management IT 52

Egypt Oil & Gas

MARCH 17, 2025

The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. It has 25 development wells are planned to be put into production, including 22 production wells and three water injection wells.

Field 52

Field Associated Gas Crude Oil Maintenance 52

Permian Basin Oil and Gas Magazine

APRIL 14, 2025

The Permian Basin alone produces approximately 15 millions of barrels of water a day. Applying the standard rate of 44 gallons to the barrel, a total of 15 million barrels equals about 660,000,000 gallons of water a day. Not even on eBay. Through normal drilling, completions, and production, the numbers are staggering.

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Basin Exploration and Production Disposal Well Barrel 96

Oil Gas Leads

MARCH 21, 2025

Production Targets: The company expects to produce around 815,000 BOE per day , including approximately 383,000 barrels of oil per day. Year-over-year rig utilization comparison shows a slight decline in the number of unique rigs used, from 16 in Q1 2024 to 15 in Q1 2025.

Basin 52

Basin Utilities Oil Completion 52

Egypt Oil & Gas

APRIL 10, 2025

Bacho Pilong remarked, With an estimated remaining reserve of up to 60 million barrels of oil equivalent (MMBoe), the abundant hydrocarbon resources in PM3 CAA play a key role in contributing towards sustainable energy security in the region.

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Exploration and Production Field Petroleum Upstream 52

Oil & Gas 360º

MAY 15, 2025

While HRT is only 19% utilized today, it has been up to 82% utilized historically during periods of tight pipeline egress, providing Strathcona with a natural hedge against future egress bottlenecks. This press release contains various references to the abbreviation boe which means barrels of oil equivalent.

BBL 130

BBL Natural Gas Oil Operator 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.

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Exploration and Production Natural Gas Crude Oil Energy 130

Egypt Oil & Gas

MARCH 26, 2025

The company significantly increased its production, refining more than 46 million barrels during 2024, compared to approximately 29 million barrels in 2023. He praised MIDORs contributions to hard currency earnings, local market stability, and sustainable growth.

Refinery 52

Refinery Petroleum Completion Field 52

Oil & Gas 360º

APRIL 1, 2025

NON-GAAP INFORMATION Certain financial information utilized by the Company are not measures of financial performance recognized by accounting principles generally accepted in the United States (GAAP). For additional information, please visit www.ringenergy.com.

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Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

APRIL 23, 2025

Conventional / Mississippian Development Highlights Saturns 11-04 Frobisher Mississippian well at Browning in southeast Saskatchewan realized a record initial production rate after 30 days ( IP30 ) of approximately 340 barrels per day ( bbls/d ) based on a sample set of approximately 100 wells.

Gas 100

Gas Oil Exploration and Production BBL 100

Energy Transfer

FEBRUARY 12, 2025

This was offset by lower interruptible utilization, reduced rates on Panhandle and increased operating expenses. Also in December 2024, we completed the initial phase of the Sabina 2 pipeline conversion from Mont Belvieu to Nederland, which increased the capacity for multiple products from 25,000 barrels per day to 40,000 barrels per day.

Natural Gas 52

Natural Gas Energy Energy Pipeline 52

Permian Basin Oil and Gas Magazine

MAY 12, 2025

The utilization and storage can get tricky, and even more costly in some forms. BakerHughes’ new CarbonEdge digital end-to-end solution utilizes artificial intelligence. 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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Casing Abandonment Oil Basin 59

Coolfire Core

OCTOBER 15, 2019

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. This IoT tech is capable of gathering, transmitting, and utilizing data and its already making waves in the oil and gas industry.

Gas 52

Gas Oil Supply Chain Management 52

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.

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

SmartBrief

MAY 22, 2025

Cha Nye Farley, director of facility services at Cracker Barrel , highlighted the cost of ownership, s implification of process, energy savings, food waste and quality of product as factors when deciding on equipment to invest in.

Management 40

Management Operator Supply Chain Exploration and Production 40

Valor

MARCH 10, 2025

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. Lawmakers and consumer advocates warn that shifting financial risks to ratepayers and deregulating utilities could lead to higher costs and inefficiencies. per barrel (up 1.22%) and Brent at $70.41

Energy 52

Energy Energy Barrel Natural Gas 52

Permian Basin Oil and Gas Magazine

MAY 1, 2025

Texas has the potential to unlock millions of barrels of safe, treated produced water, but we must diligently build the legal frameworks that incentivize operators to invest private capital in these initiatives.

Basin 52

Basin Abandonment Operator Oil 52

Oil & Gas 360º

MARCH 27, 2025

The Railroad Commission tallies production reports submitted by operators and the latest reports show these record-setting volumes in 2024: Oil production was 2,003,844,281 barrels , the first time it surpassed the two billion threshold; and Natural gas production was 62 trillion cubic feet.

Gas 130

Gas Oil Education Natural Gas 130

Valor

MAY 19, 2025

Gasoline inventories fell by 1 million barrels, 3% below the five-year average, and refinery utilization rose to 90.2%. With oil production generating up to five barrels of wastewater per barrel of oil, the industry sees treatment as a solution to water shortages but demands legal certainty. gas prices rose 6.1

Energy 52

Energy Energy Natural Gas Crude Oil 52