Iraq Business News: Oil & Gas

MARCH 18, 2025

Genel Energy has announced its audited results for the year ended 31 December 2024. Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Production costs (17.6) (18.0) EBITDAX1 1.1 Total debt 65.8

Energy 66

Energy Energy Exploration and Production BBL 66

Oil & Gas 360º

MAY 15, 2025

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

BBL Natural Gas Oil Operator 130

Oil & Gas 360º

APRIL 23, 2025

million shares since the programs launch in August 2024, or ~4% of outstanding Recognized by The Financial Times as the fastest growing energy company across all of the Americas Calgary, Alberta(Newsfile Corp. million shares repurchased to date in 2025, bringing total repurchases to 7.9 April 23, 2025) Saturn Oil & Gas Inc. GJ to $3.35/GJ.

Gas 100

Gas Oil BBL Exploration and Production 100

Oil Gas Leads

MAY 28, 2025

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. SM Energys Drilling Trends: January 2023 to May 2025 Using public drilling data for SM Energy wells in Texas, we grouped spud activity by month from January 2023 onward.

Spud-in 52

Spud-in Basin Energy Energy 52

Oil Gas Leads

MAY 5, 2025

crude price differential has narrowed to under $10/bbl Alberta gains ~$740M in revenue for every $1 improvement in the differential Will this Crown-owned asset pay off? It could be a long-term tool for Canadian energy security and Indigenous participation. Some believe it will if it operates for decades to come.

Pipeline 52

Pipeline HSE BBL Management 52

Rextag

APRIL 24, 2025

Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 According to the U.S. Bcf/d by 2026.

Gas 52

Gas BCF BBL Exploration and Production 52

Oil Gas Leads

MARCH 3, 2025

TSX: WCP) stands at the forefront of efficiency-driven growth in the Canadian energy sector. share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x billion Funds Flow: $1.65

Sustainable 52

Sustainable Sustainability Basin BBL 52

Egypt Oil & Gas

MARCH 25, 2025

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, 51 recompletion operations will be carried out, along with the completion of 11 exploratory wells.

Petroleum 52

Petroleum Exploration and Production BBL Hydraulic Fracturing 52

Oil Gas Leads

MAY 2, 2025

Oil & Gas Contact Directory Flowback Consultants and Well Testers Contact List Completions Engineer Contact List Completions Consultant Contact List Drilling Engineer Contact List Drilling Consultant Contact List The post U.S.

Upstream 52

Upstream Consulting Basin Engineer 52

Rextag

JANUARY 21, 2025

Dan Pickering, chief investment officer of Pickering Energy Partners, provides a nuanced look at the trends and challenges shaping the sector, supported by key numbers and forecasts. oil production, is advancing in maturity, requiring operators to refine drilling and completion techniques. LNG EXPORTS AND ENERGY SECURITY: U.S.

IT 40

IT Gas BBL Oil 40

Rextag

MAY 8, 2025

The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1%

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

APRIL 24, 2025

Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 According to the U.S. Bcf/d by 2026.

Gas 40

Gas BCF BBL Exploration and Production 40

Oil Gas Leads

MAY 15, 2025

What industry leaders are saying about shale resilience, capital discipline, and the rise of AI-powered energy. shale didnt win the energy race by being flashyit won through repetition. Efficiency gains in drilling and completions werent one-off miraclesthey were earned through years of uninterrupted execution.

Gas 52

Gas Oil Basin Operator 52

Oil Gas Leads

MAY 11, 2025

Diamondback Energy has taken well efficiency to elite levels, but leadership warns that further gains may be limited: We’re drilling average 10,000-foot wells in eight days. Mike Wirth, Chevron CEO Wood Mac data shows that weve got the lowest upstream breakeven in the industry. per well.

Sustainable 52

Sustainable Sustainability Oil Basin 52

Rextag

FEBRUARY 24, 2025

In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source. energy mix. MMBbl/d in 2025. LNG export expansion.

Basin 40

Basin Oil Gas Exploration and Production 40