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Khalda Petroleum to Bring 2 New Wells Online This June

Egypt Oil & Gas

Khalda Petroleum, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Apache Corporation, is bringing two new wells into production in June 2025, with an initial estimated total of 5,400 barrels of crude oil per day (bbl/d). Khalda completed drilling operations for the Fox Deep-02 appraisal well.

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Kazakhstan Reaches Record Oil Production of 2.12 Million bbl/d, Exceeding OPEC+ Quota

Egypt Oil & Gas

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5%

BBL 75
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Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

The dashboards are very easy to use and it’s the most complete database for our U.S. In total, EVOLVE welcomed attendees from more than 350 energy companies, including oil and gas operators, financial institutions, midstream firms, oilfield service providers and renewable energy developers. operating companies.

Energy 130
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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

Updated Guidance and Long-Range Plan Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company producing approximately 120 Mbbls / d (100% oil, 95 Mbbls / d thermal, 25 Mbbls / d conventional) with a 50-year 2P reserve life index and positive net cash (including marketable securities).

BBL 130
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

By the end of the period, all wells had been successfully completed, equipped and tied-in, with IP30 rates available on the majority of wells brought on production. The 11-04 well ranked in the top ten list of Saskatchewan daily and monthly oil volumes for February 2025 as published by an independent investment dealer. GJ to $3.35/GJ.

Gas 100
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.

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Khalda Petroleum Investments to Reach $1B in 2024/25

Egypt Oil & Gas

Among the most prominent of these discoveries are the West Fewebs-1X well with a production capacity of 6,400 barrels of oil per day (bbl/d) and 25.5 Additionally, 60 recompletion operations were carried out, resulting in an achievement rate of 87% for crude oil and condensates, and 86% for natural gas.