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.
Iraq Business News: Oil & Gas
MAY 8, 2025
We addressed the maturity of our bond debt by calling the old bond and issuing a new $100 million bond, thereby increasing available cash and putting in place a capital structure that can provide funding towards delivery on our strategic objectives, regardless of whatever uncertainties may face the business at the macro-economic level.
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Iraq Business News: Oil & Gas
APRIL 2, 2025
Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A
Oil & Gas 360º
APRIL 23, 2025
Historically, the economics of such projects could not compete for capital relative to new drills, however, with the recent introduction of the Low Productivity and Reactivation Oil Well Program ( LPRP ) by the Government of Saskatchewan, the economics for well re-entries are more compelling. GJ to $3.35/GJ.
Iraq Business News: Oil & Gas
MARCH 18, 2025
Results summary ($ 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 This is a situation that we continue to work on closely with our peers and host government to resolve. Production costs (17.6) (18.0)
Oil & Gas 360º
MARCH 10, 2025
Disciplined Leadership and Governance: The combined business will continue to be led by the Whitecap executive team, who have a long track record of operational excellence, financial discipline, strong safety performance and are focused on generating strong returns to shareholders. After annual capital investments of $2.6 billion 1.
Oil Gas Leads
JUNE 4, 2025
A new government report highlights the Permians dominant role in driving a historic surge in Lower 48 onshore outputmore than tripling since 2010. 2020: Both Permian and non-Permian output dropped sharply due to WTI < $50/bbl and COVID-19. Over the past 15 years, the Permian Basin has transformed the landscape of U.S.
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