Oil & Gas Journal

JULY 28, 2025

bbl, while conventional basins report costs of US$28-35/bbl, channeling upstream investment toward shale plays. Leading operators include TotalEnergies, Harbour and CGC, with assets like Vega Pl é yade, Ara, and El Cerrito, both onshore and offshore.

Basin

Oil & Gas Journal

JULY 23, 2025

bbl from more than $81. With a degree in journalism from the University of Missouri, he began his reporting career at the Business Courier in Cincinnati and later was managing editor and editor of the Nashville Business Journal. Adjusted free cash flow was nearly $133 million versus $167 million in the prior-year quarter.

Exploration and Production

Oil & Gas Journal

JULY 22, 2025

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%

BBL

Iraq Business News: Oil & Gas

MARCH 18, 2025

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 Operating loss (52.4) (10.3) Cash flow from operations 66.9 Capital expenditure 25.7 Free cash flow2 19.6

Energy