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Western Canada Heavy Oil Outlook 2025: Momentum Returns with TMX Tailwinds

Oil Gas Leads

After years of volatility and infrastructure constraints, a new wave of investment and activity is materializing—driven by strong operator sentiment, a rebound in permitting, and a long-awaited breakthrough in market access: the Trans Mountain Expansion (TMX) pipeline. Optimization + brownfield growth CNRL 810–835K ~2.8

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

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. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 We analyze major U.S. 2023 Production: ~6.0

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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

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.

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Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Rextag

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,

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

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.

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

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). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. According to the U.S.

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

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). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. According to the U.S.

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