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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

Exxon-owned Imperial and its competitor Suncor have also switched to autonomous mining vehicles, eliminating the need to hire drivers to transport oil sands ore. bbl between 2017 and 2019, according to BMO. shale costs up. As the global oil industry enters a downturn due to economic uncertainty related to U.S. tariff threats.

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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. The company sold midstream assets in Reeves County to Kinetik Holdings for $180 million, freeing up capital and sharpening its focus on core E&P operations.

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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.

Gas 52
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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.

Gas 40