Oil Gas Leads

MAY 16, 2025

As Chord Energy refocuses on the Williston Basin, Ring consolidates CBP assets to drive low-cost, margin-rich growth. These regulatory transfers aren’t just formalities theyre indicators of whos doubling down and whos cashing out in the Permian Basin. Competitive breakevens sub-$40/bbl support cash flow. Chord Energy).

Energy 52

Energy Energy Basin Operator 52

Enverus

APRIL 23, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar.

Upstream 162

Upstream E&P E&A Natural Gas 162

Oil Gas Leads

APRIL 24, 2025

102,012 bbl/d (bitumen) SOR of 2.39 147,819 BOE/d 69,827 bbl/d oil Smaller Producers (10,000 30,000 BOE/d) Company 2024 Average Production Notes Headwater Exploration 20,310 BOE/d +13% from 2023 Kiwetinohk Energy Corp. . ~580,000 BOE/d Includes 210,000 b/d oil and condensate Tourmaline Oil Corp. Vermilion Energy Inc.

Gas 52

Gas Oil Exploration and Production Basin 52

Oil Gas Leads

MAY 28, 2025

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. The company started the year with 9 active rigs , scaled back to 7 rigs by the end of Q1 , and plans to operate just 6 rigs for the remainder of the year.

Spud-in 52

Spud-in Basin Energy Energy 52

Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.

Basin 40

Basin Oil Gas Exploration and Production 40

Oil Gas Leads

MAY 11, 2025

oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustained operational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds.

Sustainable 52

Sustainable Sustainability Oil Basin 52

Oil Gas Leads

MARCH 3, 2025

share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x With a strategic focus on capital discipline, operational optimizations, and infrastructure enhancements, Whitecap is well-positioned to navigate commodity price volatility while delivering strong production growth and shareholder returns.

Sustainable 52

Sustainable Sustainability Basin Operator 52

Oil Gas Leads

MAY 11, 2025

But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit? Travis Stice, CEO, Diamondback Technology and process efficiency gains are being outpaced by geology… its a natural evolution of a maturing basin.

Sustainable 52

Sustainable Sustainability Oil Basin 52

Oil Gas Leads

MAY 3, 2025

2025 Oil Production (bbl) Marathon Oil 641,000 EOG Resources 593,000 ExxonMobil (XTO Energy) 344,000 Crescent Energy (Javelin) 189,000 This move strengthens EOGs competitive positioning in an already active county and sets up the company for continued long-lateral drilling in one of North America’s most prolific shale plays.

Basin 52

Basin Oil Operator E&P 52

Rextag

JANUARY 21, 2025

Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,

Gas 40

Gas IT Oil BBL 40

Oil Gas Leads

MAY 15, 2025

Sub-$40 Inventory Is a Strategic AdvantageIf You Use It Many top operators hold decades of drilling inventory with breakevens under $40/bbl. Its looking like [U.S. production] peak could come sooner. Vicki Hollub, Occidental 2. But that advantage only matters if rigs stay active. Oil & Gas in 2025 appeared first on Oil Gas Leads.

Gas 52

Gas Oil Basin Operator 52

Oil Gas Leads

MAY 2, 2025

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. ExxonMobils first-quarter 2025 results reveal a clear narrative: U.S. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2025 , a sharp increase from $1.05 billion in Q1 2024.

Upstream 52

Upstream Basin Consulting Engineer 52

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. net wells).

BCF 130

BCF Energy Energy Condensate 130

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. The Board of Directors will consist of eleven members, made up of seven directors from Whitecap and four directors from Veren. billion 1.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Permian Basin Oil and Gas Magazine

JUNE 1, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar.

Upstream 52

Upstream E&P E&A Natural Gas 52

Rextag

APRIL 24, 2025

poised to expand LNG export capacity , interest in gassy basins has surged. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S. Bcf/d by 2026.

Gas 52

Gas BCF BBL Exploration and Production 52

Rextag

MAY 8, 2025

New Discoveries and Project Highlights BP delivered on exploration with six new discoveries across global basins: In the US Gulf of America , BP made a Miocene oil discovery at the Far South prospect in Green Canyon Block 584, 120 miles off Louisiana. shale basins. Net producing wells (end of period): 1,133.9

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

APRIL 24, 2025

poised to expand LNG export capacity , interest in gassy basins has surged. Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S. Bcf/d by 2026.

Gas 40

Gas BCF BBL Exploration and Production 40