Iraq Business News: Oil & Gas

MAY 8, 2025

Genel Energy has issued a trading and operations update relating to Q1 2025. By John Lee.

Energy 97

Energy Energy Exploration and Production Pipeline 97

Oil & Gas 360º

APRIL 10, 2025

bbl WTI and $4.28/MMBtu bbl WTI and $4.28/MMBtu bbl WTI and $4.09/MMBtu is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. (Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl

Operator 130

Operator BBL Exploration and Production Basin 130

Oilfield Technology

JULY 2, 2025

During June 2025, Keddington produced a total of 992 bbl of oil over 23 days of timed pumped production averaging 10.4 h/d with an average flow-rate of 43 bpd gross during the period. The newly installed equipment and facilities are working well and continue to be fine-tuned to optimise production.

Hydraulic Fracturing 52

Hydraulic Fracturing Exploration and Production Oil HSE 52

Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. The transaction is expected to close before May 30, 2025. After annual capital investments of $2.6 billion 1.

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

Oil Gas Leads

JUNE 12, 2025

Operator Strategies Reflect Growth and Efficiency Here’s a snapshot of what leading heavy oil players are planning in 2025: Company 2025 Production (bbl/d) 2025 CapEx (C$B) Strategic Focus Cenovus Energy 615–635K ~2.7–2.8 Maximize volumes, minimal downtime Suncor Energy 765–785K ~6.2 Thermal oil growth + M&A Rubellite ~8.3K

Oil 52

Oil Basin BBL Operator 52

Oil & Gas Journal

MARCH 26, 2025

Respondents to the quarterly poll arent on the same page as the Energy Secretary about growing production with WTI at $50/bbl.

BBL 59

BBL Energy Energy 59

Oil & Gas 360º

MAY 29, 2025

(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The Company hedged a total of 18,000 barrels of oil (“bbls”) in Q1. Register to attend. net wells).

BCF 130

BCF Condensate Energy Energy 130

Oil & Gas 360º

MARCH 19, 2025

While we reduced our Brent forecast range by $5/bbl to $65-80, we expect oil prices to edge up in coming months, and think that market pricing of volatility and of the upside risk from potentially lower sanctioned supply remains too low, Goldman Sachs analysts wrote in a Tuesday note carried by Reuters.

Oil 130

Oil BBL Barrel Casing 130

Iraq Business News: Oil & Gas

MARCH 18, 2025

Genel Energy has announced its audited results for the year ended 31 December 2024. Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Production costs (17.6) (18.0) EBITDAX1 1.1 Total debt 65.8

Energy 66

Energy Energy Exploration and Production BBL 66

Oilfield Technology

JUNE 27, 2025

It was costing up to US$10/bbl to ship PW to out of state SWDs because Pennsylvania had only nine permitted SWDs. Only a few years back desalinating PW was projected to cost US$5-6/bbl. More recent developments in desalinating technologies are suggesting costs of US$1-2/bbl at scale. This was driven by two factors.

Midstream 52

Midstream Exploration and Production BBL Operator 52

Egypt Oil & Gas

APRIL 16, 2025

The International Energy Agency (IEA) announced that global oil demand growth forecast for 2025 has been revised down to 730,000 barrels per day (bbl/d), a decrease of 300,000 bbl/d from the March report. IEA elaborated that in March, world oil supply surged by 590,000 bbl/d, recording 103.6

BBL 52

BBL Oil Barrel Gas 52

BOE Report

MARCH 19, 2025

Energy Information Administration on Wednesday forecast that Alaska’s annual crude oil production will increase in 2026, a first since 2017 and, if realized, the largest since 2002.

Crude Oil 59

Crude Oil BBL Oil Barrel 59

Oil Gas Leads

JULY 10, 2025

production may have already peaked — with ripple effects across the global energy market. 61% said they would decrease drilling if oil prices stay at $60/bbl. Lack of clean energy investment and policy raises risk of energy instability. Thank God the previous administration is gone and so are their anti-energy policies.”

Oil 52

Oil Basin Operator Gas 52

RBN Energy

APRIL 25, 2025

With crude oil prices stagnant in the $70-$80/bbl range, producers were driven to boost Tier 1 acreage and capture operational synergies to fund the generous shareholder returns demanded by their investor base. publicly traded oil and gas companies. MMboe/d of production, almost 25% of their 2023 Permian output.

E&A 78

E&A BBL Upstream Crude Oil 78

Oil Gas Leads

JULY 14, 2025

As BPX Energy moves into the second half of 2025, the U.S. Led by CEO Kyle Koontz, BPX Energy is navigating market volatility with a clear focus: disciplined capital allocation, infrastructure optimization, and emissions reduction across its core shale assets.

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Oilfield Technology

JULY 1, 2025

The project includes new subsea infrastructure that will increase recoverable volumes by 40 – 50 million bbl of oil equivalent. Johan Sverdrup is the largest oil-producing field in Norway and ranks among the world’s most carbon-efficient oil fields. The field is operated by Equinor, with Aker BP holding a 31.6% working interest.

Hydraulic Fracturing 52

Hydraulic Fracturing Exploration and Production HSE Field 52

Oil Gas Leads

MAY 16, 2025

Ring Energys facility acquisitions, revealed through TCEQ permit transfers, underscore its strategic expansion in Andrews County. As Chord Energy refocuses on the Williston Basin, Ring consolidates CBP assets to drive low-cost, margin-rich growth. EMMA 4 facility) in Andrews County to Ring Energy. Chord Energy).

Energy 52

Energy Energy Basin Operator 52

Oilfield Technology

JUNE 20, 2025

million bbl of oil equivalent in Triassic reservoir rocks. The well was drilled to delineate the discovery confirmed in well 6507/5-10 S (Slagugle) and to perform a formation test to gain a deeper understanding of the reservoir properties and connectivity within the hydrocarbon-bearing layers.

Exploration and Appraisal 52

Exploration and Appraisal Hydraulic Fracturing Exploration and Production Oil 52

Enverus

APRIL 23, 2025

Calgary, Alberta (April 23, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year.

Upstream 162

Upstream E&P E&A Natural Gas 162

Oil & Gas 360º

APRIL 23, 2025

million shares since the programs launch in August 2024, or ~4% of outstanding Recognized by The Financial Times as the fastest growing energy company across all of the Americas Calgary, Alberta(Newsfile Corp. million shares repurchased to date in 2025, bringing total repurchases to 7.9 April 23, 2025) Saturn Oil & Gas Inc. GJ to $3.35/GJ.

Gas 100

Gas Oil BBL Exploration and Production 100

Oil & Gas 360º

MAY 15, 2025

All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (mcf) of natural gas to one barrel (bbl) of crude oil. Boe may be misleading, particularly if used in isolation. USD-CAD and C$3 / GJ AECO.

BBL 130

BBL Natural Gas Oil Operator 130

Energy Central

FEBRUARY 18, 2022

The price of West Texas Intermediate (WTI) opened 2022 at about $75 a barrel (bbl). Last week, the price rose above $90/bbl for the first time since 2014. That was also the last year the price of WTI was above $100/bbl. To recap, in the first half of 2014, oil prices spent most of the time bouncing between $100/bbl and $105/bbl.

Barrel 40

Barrel BBL Oil 40

Oilfield Technology

JULY 14, 2025

3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross. Estimated success case of NPV10% circa US$10 900 000 net, based on a US$65/bbl oil price.

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Oil Review Middle East

MAY 12, 2025

This will assist senior scientists in performing enhanced petrophysical analysis and digital rock characterisation, using a number of advanced technologies and analytical techniques, including dual energy CT-scanning, high-frequency Nuclear Magnetic Resonance ('NMR'), and Cores proprietary PRISM workflow.

BBL 59

BBL Condensate Field Instrumentation 59

Oil Gas Leads

MAY 28, 2025

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. SM Energys Drilling Trends: January 2023 to May 2025 Using public drilling data for SM Energy wells in Texas, we grouped spud activity by month from January 2023 onward.

Spud-in 52

Spud-in Basin Energy Energy 52

Oil Gas Leads

APRIL 24, 2025

579,173 BOE/d +11% from 2023 Suncor Energy ~600,000 BOE/d capacity Oil sands operations Mid-Size Producers (100,000 499,999 BOE/d) Company 2024 Average Production Notes ARC Resources Ltd. 100,000106,000 BOE/d Impacted by outages Small to Mid Producers (30,000 99,999 BOE/d) Company 2024 Average Production Notes MEG Energy Corp.

Gas 52

Gas Oil Exploration and Production Basin 52

Rextag

MAY 15, 2025

bbl Natural gas: $1.35/Mcf bbl Cash and Capital Metrics: Cash capex : $501 million Adjusted operating cash flow : $961 million Net cash from operations : $898 million Controllable cash costs : $7.54/boe The upside in natural gas was driven by elevated ethane rejection. Realized Pricing: Oil: $70.48/bbl Mcf NGLs: $23.90/bbl

Basin 52

Basin Operator BBL Natural Gas 52

Rextag

APRIL 24, 2025

Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 According to the U.S. Bcf/d by 2026.

Gas 52

Gas BCF BBL Exploration and Production 52

Oil Gas Leads

MAY 5, 2025

crude price differential has narrowed to under $10/bbl Alberta gains ~$740M in revenue for every $1 improvement in the differential Will this Crown-owned asset pay off? It could be a long-term tool for Canadian energy security and Indigenous participation. Some believe it will if it operates for decades to come. And with the U.S.

Pipeline 52

Pipeline HSE BBL Management 52

Egypt Oil & Gas

APRIL 16, 2025

We are focused on delivering more affordable and reliable energy from this region, building our capacity to over 400,000 barrels of oil equivalent per day (bbl/d) by the end of the decade, he added. “Our Gulf of America business is central to bps strategy. Globally, bp expects to grow its upstream production between 2.32.5

Sidetracking 52

Sidetracking Oil Exploration and Production BBL 52

Oil Gas Leads

MAY 20, 2025

In early 2024, WTI crude prices averaged $77$80/bbl , whereas by Q2 2025, prices have softened to $60$70/bbl. The industry is at an inflection point: those who can combine capital discipline, drilling efficiency, and smart forecasting will be best positioned to navigate a volatile energy landscape.

Basin 52

Basin BBL Operator Oil 52

Oil & Gas Magazine

JULY 2, 2025

El mercado respondió incorporando un fuerte riesgo: el Brent superó los $125/bbl a inicios de marzo de 2012, su nivel más alto en casi 4 años. Energy Information Administration (2025). Today in Energy, 16 de junio de 2025. International Energy Agency (2025). Energy Information Administration (2012).

E&A 106

E&A E&P Oil BBL 106

Energy Central

JUNE 7, 2022

Replacing that oil will put additional upward pressure on global oil prices, virtually assuring that oil will exceed $100/bbl if the situation further escalates.” I warned: “Russia supplied 7% of U.S. oil imports in late 2021 – a significant number. What I didn’t explain.

BBL 40

BBL Oil 40

Rextag

JANUARY 21, 2025

Dan Pickering, chief investment officer of Pickering Energy Partners, provides a nuanced look at the trends and challenges shaping the sector, supported by key numbers and forecasts. Current estimates suggest that at $70/ bbl oil, companies hold three to seven years of drilling inventory in core zones.

IT 40

IT Gas BBL Oil 40

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

Petroleum 52

Petroleum Exploration and Production Hydraulic Fracturing BBL 52

Rextag

APRIL 24, 2025

Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Energy Information Administration (EIA), gas production in the Eagle Ford region is expected to rise from 6.8 According to the U.S. Bcf/d by 2026.

Gas 40

Gas BCF BBL Exploration and Production 40

Rextag

MAY 8, 2025

The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1%

Exploration and Production 40

Exploration and Production Energy Energy Basin 40