Oil Gas Leads

JULY 14, 2025

These assets are pivotal to boosting black oil production to a projected 100,000–120,000 bbl/d. High-Quality Rock, Diverse Windows: From oil to condensate to dry gas, the basin offers commodity flexibility. BPX is shifting capital to oilier zones, leaning into favorable pricing dynamics. MMBtu) for potential reacceleration.

Basin

Oil & Gas 360º

MARCH 10, 2025

. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. After annual capital investments of $2.6 billion 1.

Exploration and Production

Oil Review Middle East

MAY 12, 2025

Saudi Arabia is home to the Jafurah gas field, the largest liquid-rich shale gas play in the Middle East, estimated to contain more than 200 trillion scf of gas and 75bn bbl of condensates. While Abu Dhabi holds an estimated 220 bbl of unconventional oil and 460 Tcf of unconventional gas in place.

BBL

Oil & Gas 360º

APRIL 23, 2025

With produced water now available for flooding the Oungre, we have introduced approximately 3,000 bbl/d of injection and were able to suspend a source water well that is expected to save an estimated $250,000 per year in operating costs. IP30 rates cited herein are comprised of over 97% light crude oil and just under 3% natural gas.

Gas

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, 60 recompletion operations were carried out, resulting in an achievement rate of 87% for crude oil and condensates, and 86% for natural gas.

Petroleum