Oil Gas Leads

MARCH 14, 2025

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3

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Oil Gas Leads

MARCH 17, 2025

producers, balancing capital discipline and shareholder returns with the need to sustain future output. crude production to hit record highs for the next two years before plateauing later in the decade. However, industry executives at CERAWeek warn that infrastructure bottlenecks could pose long-term challenges.

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Oil Gas Leads

MAY 19, 2025

Operators are leaning on efficiency gains and strategic capital deployment to sustain output with fewer rigs. May 19, 2025 As the U.S. Here’s a snapshot of the current landscape, key state-by-state trends, and what it means for 2025. Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S.

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Oil Gas Leads

MARCH 10, 2025

West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville.

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Oil Gas Leads

MAY 5, 2025

The Permian Basin , the largest shale oil-producing region, lost two rigsbringing the total to 287, the lowest since December 2021. The slump, partly driven by tariff tensions, raises questions about how sustainable current dividend and buyback commitments will be. Still, major producers are standing firm.

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Engineer Engineering Consulting Technician 52