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Private energy consultancy Aleph Energy reported that Neuqu é n basin ’ s shale oil output hit 499,000 b/d in June, representing 93% of Neuqu é n Province ’ s total crude production. The energy trade surplus for first-half 2025 reached US$2.499 billion. In June, natural gas exports hit 8.28
million bbl of oil equivalent in Triassic reservoir rocks. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. nozzle opening.
bbl from more than $81. Matador produced a net profit of $150 million in the second quarter , a drop of more than 30% from the same period of 2024, as oil and gas revenues rose 5% to $816 million but average oil sales prices slipped to $64.34/bbl Adjusted free cash flow was nearly $133 million versus $167 million in the prior-year quarter.
July 22, 2025 Norwegian Offshore Directorate Norway’s daily production averaged 1.854 million bbl in June 2024, the Norwegian Offshore Directorate (NOD) reported. Average daily liquids production in June consists of 1.675 million b/o, 174,000 bbl of NGL, and 5,000 bbl of condensate. Oil production in June is 3.1%
Genel Energy has announced its audited results for the year ended 31 December 2024. Results summary ($ 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
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