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

Oil & Gas 360º

At the time, they classified the Canadian operations as among their more expensive, and therefore less profitable, projects worldwide. 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.

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Top 5 Strategic Priorities for Permian Resources in 2025

Oil Gas Leads

As the shale sector enters a new phase defined by capital discipline, consolidation, and operational innovation, Permian Resources Corp. 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. For 2025, the company is targeting a 7.8%

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

Oil & Gas 360º

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the 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

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.

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

Rextag

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.

Gas 40
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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

This was part of a global 20% increase in production, fueled by: The Pioneer Natural Resources acquisition Continued development in the Permian Basin Structural cost savings and operational efficiencies Permian production alone helped add 767,000 barrels of oil equivalent per day (boe/d) to Exxons total output, a significant portion of its 4.55