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Barclays cuts 2025, 2026 Brent crude forecast as OPEC+ accelerates output hikes

BOE Report

Barclays lowered its Brent oil price forecast by $4 per barrel to $66/bbl for 2025 and by $2 to $60/bbl for 2026, citing the decision by OPEC+ to accelerate oil production hikes. “Tariff-related developments have certainly been a drag but the OPEC+ pivot has also been a significant driver of the move lower in oil [Read more]

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Permian Basin Drives 80% of U.S. Tight Oil Boom Since 2010

Oil Gas Leads

This report outlines the production trends, regional comparisons, and economic drivers behind the Permians rise as the cornerstone of American energy. 2020: Both Permian and non-Permian output dropped sharply due to WTI < $50/bbl and COVID-19. million b/d 11 million b/d +223% – Legacy (Vertical wells) 2.6 million b/d 2.1

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). That total included: 26,200 bbl /d of crude 22,100 bbl /d of NGLs 140 MMcf /d of gas The Chalk is the backbone of Magnolias portfolio, comprising 93% of its total operated gas volumes and 80% of liquids production last year.

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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

In ExxonMobil’s framework, a project is “advantaged” if it offers: Low breakeven economics (i.e.,

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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

The reservoir matrix permeability also appears to be as good, or better, than the Company’s pre-drill, base case estimate of reservoir permeability, a key driver for the estimated improvement in the resource base. The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. net wells).

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Austin Chalk Makes a Comeback: EOG, SM, Magnolia Lead South Texas' Next Gas Boom

Rextag

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). That total included: 26,200 bbl /d of crude 22,100 bbl /d of NGLs 140 MMcf /d of gas The Chalk is the backbone of Magnolias portfolio, comprising 93% of its total operated gas volumes and 80% of liquids production last year.

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Haynesville (Louisiana & East Texas) LNGs Key Driver 2023-2024 Overview Unlike the Permian Basin, which primarily drives crude oil growth, Haynesville is the primary engine behind U.S. Factors Driving 2024 Prices: Geopolitical tensions in the Middle East and Russia-Ukraine conflict pushed prices above $85/bbl at times.

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