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

Egypt Oil & Gas

million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. million bbl/d, which takes into account Kazakhstan’s tons per barrel ratio of 7.5. Million bbl/d, Exceeding OPEC+ Quota first appeared on Egypt Oil & Gas. from January to 1.83

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ConocoPhillips’ New Zia Hills Facility Cuts Costs, Footprint & Emissions

Oil Gas Leads

Hal Mead , Asset Manager: Project completed on time, under budget, with no injuries. Excited to share a major milestone from one of the Permian Basin’s top operators— ConocoPhillips has brought its Zia Hills Central Facility 2 (CF2) online in the Delaware Basin.

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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. Asset Optimization: Permian inventory is increasingly scarce, with seven operators controlling 71% of remaining sub-$50/bbl inventory. operating companies.

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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

million bbl of oil equivalent in Triassic reservoir rocks. A successful formation test was completed, achieving a maximum production rate of 650 standard m 3 of oil per flow day through a 36/64 in. After the completion of operations, the well was permanently plugged and abandoned. nozzle opening.

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One Year In: Trans Mountain Pipeline Expansion in Canada Faces a Critical Toll Test

Oil Gas Leads

Canadas long-awaited Trans Mountain Pipeline expansion is up and running but not yet at full capacity. 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? Some believe it will if it operates for decades to come.

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Top 5 Strategic Priorities for Permian Resources in 2025

Oil Gas Leads

This bolt-on isn’t just about expanding land—it’s about unlocking 100+ gross operated two-mile locations with shallow declines and $30/bbl breakevens. Efficiency gains are a major driver here: Drilling & Completion costs: $750/ft (–8% YoY) Cash costs per boe: –4% QoQ Q1 2025 Free Cash Flow: A record-breaking $460 million 4.

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Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

Our entry into Block 54 in Oman is expected to complete in the coming weeks, with first substantial work programme activity commencing around the end of the year. "We

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