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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. On a national scale, shale oil accounts for 60% of total output, while tight and shale gas combined make up 65% of Argentina ’ s gas production.

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Coterra Energy Q2 2025: Strong Earnings and Strategic Drilling Across Core Basins

Oil Gas Leads

The company continues to capitalize on its diversified asset base across the Permian, Marcellus, and Anadarko basins while positioning for capital-efficient growth into 2026. MBopd Gas: 2,998.6 Bbl (ex-hedge), $64.01/Bbl hedge) Gas: $2.20/Mcf MBopd Gas: 2,998.6 Bbl (ex-hedge), $64.01/Bbl hedge) Gas: $2.20/Mcf

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WTI and Permian Gas Price Trends

Permian Basin Oil and Gas Magazine

Energy Information Administration (EIA) raised its mid-year forecast accordingly and now expects WTI to gradually decline to $59/bbl by December 2025, and slide further into the low $50s— ending at roughly $53/bbl by late 2026. Screenshot Jesse Mullins, Editor Jesse Mullins is editor of Permian Basin Oil and Gas Magazine.

Gas
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ConocoPhillips’ New Zia Hills Facility Cuts Costs, Footprint & Emissions

Oil Gas Leads

Excited to share a major milestone from one of the Permian Basin’s top operators— ConocoPhillips has brought its Zia Hills Central Facility 2 (CF2) online in the Delaware Basin.

BBL
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BPX Energy’s US 2025 Game Plan: Scaling Liquids, Efficiency, and Infrastructure in U.S. Shale

Oil Gas Leads

onshore subsidiary of BP is doubling down on capital-efficient growth in the Permian and Eagle Ford basins while positioning itself to capture upside from strengthening gas markets in Haynesville. US Oil & Gas Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled….

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Amid Low Prices and Rising Costs, U.S. Oil Patch Faces a Challanges

Oil Gas Leads

61% said they would decrease drilling if oil prices stay at $60/bbl. As oil drilling stalls, gas output may also drop , especially in the Permian. Natural Gas Outlook & Grid Risks EOG Resources expects gas prices to rise to $4.50/MMBtu LNG exports are rising, but lower gas production could tighten supply.

Oil
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Matador expects small production drop next quarter, no rush to add back ninth rig

Oil & Gas Journal

Matador produced an average of 209,013 boe/d (including 122,875 b/d of oil) from its Delaware basin and northwestern Louisiana operations in the 3 months that ended June 30, which was 5% higher than in the first quarter. bbl from more than $81. The company turned to sales 32 gross (22.8 net) operated wells during the spring quarter.