Oil & Gas Journal

JULY 28, 2025

In May, 62 new wells were connected in the basin, and 1,968 frac stages were completed in June—66% by YPF. bbl, while conventional basins report costs of US$28-35/bbl, channeling upstream investment toward shale plays. On the gas side, Fortín de Piedra (Tecpetrol) led with 19.1

Basin

Oilfield Technology

JUNE 20, 2025

million bbl of oil equivalent in Triassic reservoir rocks. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016.

Exploration and Appraisal

Iraq Business News: Oil & Gas

MARCH 18, 2025

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 Operating loss (52.4) (10.3) Cash flow from operations 66.9 Capital expenditure 25.7 Free cash flow2 19.6

Energy