Valor

JUNE 16, 2025

Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. While Iran consumes all its gas domestically due to sanctions, neighboring Qatar exports 77M tonnes annually from the shared field with Exxon and Shell. to April highs after Friday’s 4.8% Read more Baker Hughes reports U.S.

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Energy Energy Field Gas 52

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Sources are cited in brackets.

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Operator Gas Oil Basin 52

Egypt Oil & Gas

MARCH 23, 2025

(Shell Brasil), a subsidiary of Shell plc, announced that it has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil. The consortium anticipates that the Gato do Mato field will commence operations in 2029.

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Upstream Basin Barrel Field 59

Oil Gas Leads

APRIL 21, 2025

A review of operational data reveals several notable trends across rig deployment, field concentration, and drilling methodologiesshowing both consistency and strategic shifts in resource development. This 6% increase highlights CNRLs steady investment in upstream operations, even amid a broader environment of cautious capital spending.

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Field Basin Operator Oil 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.

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Basin Oil Gas Exploration and Production 40

Oil Gas Leads

MARCH 31, 2025

British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. Infrastructure constraints , especially in remote fields like Sunrise, Altares, and Town. Want to know which operators and fields are sitting on the largest permit backlogs?

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Gas Oil Basin Spud-in 52

Oil Gas Leads

APRIL 28, 2025

Regional Hotspots: Board Field Centre Focus The top drilling centers were clearly dominated by: Board Field Centre Q1 2024 Count Q1 2025 Count Drayton Valley 26 26 Grande Prairie 16 26 BC 7 13 Red Deer 3 6 Grande Prairie saw the most notable surge, increasing from 16 to 26 drilling activities.

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Basin Operator Oil Gas 52

Oil Gas Leads

APRIL 21, 2025

The significant number of vertical wells indicates ongoing development in conventional heavy oil fields, such as those in the Lloydminster area. Operational Highlights Cenovus maintained a steady rig count of 19 in Q1 2025, demonstrating consistent operational capacity Oil Gas Leads. billion to $5.0 billion in 2025.

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Energy Energy Basin Operator 52

Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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Exploration and Production Field Upstream Gas 40

Rextag

MAY 5, 2025

Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world, said Brent Gros, Vice President of Chevron Gulf of America. owning the remaining 40%.

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Barrel Exploration and Production Offshore Basin 52

Oil Gas Leads

MAY 1, 2025

Over time, this builds a dataset that reflects actual field conditions. Final Thoughts In the fast-moving world of upstream oil & gas, accurate drilling time estimates are key to capital efficiency and operational execution. This helps engineers build in realistic time buffers for similar future projects.

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IT Basin Operator Exploration and Production 52

Rigzone

JUNE 19, 2025

The discovery “involved a small quantity that was initially seen as commercially unattractive to develop into a production field”, Staatsolie said. “With the signing of the [Block 66] PSC, approximately fifty percent of Suriname's offshore area is now under contract”, Staatsolie said separately.

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Offshore Exploration and Production Exploration Well Gas 62

Permian Basin Oil and Gas Magazine

MAY 1, 2025

Innovations in Gas Cleaning and Processing As the gas processing field advanced, the integration of technologies expanded to include upstream cleaning processes, addressing impurities like moisture, oxygen, siloxanes, sulfur, and VOCs in a single skid.

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Gas Natural Gas Sustainability Sustainable 59

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Innovations in Gas Cleaning and Processing As the gas processing field advanced, the integration of technologies expanded to include upstream cleaning processes, addressing impurities like moisture, oxygen, siloxanes, sulfur, and VOCs in a single skid.

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Gas Natural Gas Sustainability Sustainable 59

Rextag

APRIL 16, 2025

The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. Gulf Remains Core to BP's Growth The Gulf of America remains a critical area for BPs upstream operations. BP is also targeting 2.32.5

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Oil Upstream Exploration Well Barrel 52

Rextag

MAY 8, 2025

production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. BP achieved upstream plant reliability of 95.4%, one of its best on record, and refining availability at 96.2%. shale basins. TWh , the same as Q1 2024. BP reported Adjusted EBITDA of $8.7

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Exploration and Production Energy Energy Basin 40

Permian Basin Oil and Gas Magazine

JUNE 9, 2025

When sensors alert humans to an anomaly in the field, a drone or a fixed onsite camera can give a visual to any other signs of a problem. As with most things, it’s not that simple—but laying the groundwork to get there pays huge dividends, said Kevin Scher, field CTO at Cognite. What’s upstream of this pump?

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Operator Exploration and Production Field IT 59

Pro-Gas Services

MAY 10, 2025

This enhanced NGL recovery directly benefits operations in liquids-rich DFW basins. Membrane Separation NGL Technology Membrane separation NGL technology is a rapidly evolving field utilizing semi-permeable membranes to selectively separate gas components based on differences in solubility and diffusivity.

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Natural Gas Gas Condensate Exploration and Production 52