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

Oil & Gas 360º

bbl between 2017 and 2019, according to BMO. Prices have begun to climb because after years of heavy drilling in the top shale fields, the most productive areas have been exhausted. and $40.85, according to a Bank of Montreal analysis for Reuters. Oil sands had an average break-even price of $51.80/bbl

Oil 130
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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

.” State 36-2R well evaluation The Zephyr team has conducted an integrated post well evaluation incorporating all geological, geophysical and engineering data gathered from the State 36-2R well and from the greater field area. The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. net wells).

BCF 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6 billion 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). Magnolia Oil & Gas: All Eyes on Giddings Magnolia has committed heavily to its Giddings Field assets, which are centered in the Austin Chalk. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d.

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). Magnolia Oil & Gas: All Eyes on Giddings Magnolia has committed heavily to its Giddings Field assets, which are centered in the Austin Chalk. The field accounted for 77% of the companys Q4 2024 production, averaging 71,800 boe /d.

Gas 40
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How Energy Giants Performed in Q1 2025: A Breakdown of Equinor, BP, Hess, and NOG

Rextag

production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1% Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1% shale basins.