Iraq Business News: Oil & Gas

JUNE 21, 2025

Regarding exports, Gulf Keystone continues to engage with government stakeholders to resume oil exports through the Iraq-Türkiye Pipeline (ITP). By John Lee. billion] interim dividend in April and remains debt-free with $100 million [approx. IQD 130 billion] in cash as of 19 June.

Shutdown 59

Shutdown Petroleum Field Maintenance 59

Egypt Oil & Gas

MARCH 6, 2025

million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. million bbl/d, which takes into account Kazakhstan’s tons per barrel ratio of 7.5. million bbl/d, which takes into account Kazakhstan’s tons per barrel ratio of 7.5. from January to 1.83

BBL 75

BBL Gas Condensate Condensate Oil 75

Oil Gas Leads

MAY 5, 2025

Canadas long-awaited Trans Mountain Pipeline expansion is up and running but not yet at full capacity. 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? Some believe it will if it operates for decades to come.

Pipeline 52

Pipeline HSE BBL Management 52

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.

Energy 97

Energy Energy Exploration and Production BBL 97

The Energy Law

SEPTEMBER 13, 2007

The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, natural gas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. Bbl UP $4.11 MMBtu UP $0.32

Pipeline 40

Pipeline BCF Natural Gas BBL 40

Oil & Gas 360º

MAY 15, 2025

HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives. (Oil & Gas 360) – Calgary, Alberta (May14, 2025) Strathcona Resources Ltd.

BBL 130

BBL Natural Gas Oil Operator 130

The Energy Law

AUGUST 23, 2007

Bbl DOWN $4.06 The EIA also reports that: Northwest Pipeline Company announced that effective gas day August 22, and until further notice, injection requests for interruptible storage capacity at the Jackson Prairie storage facility in Washington State will not be accepted. West Texas Intermediate Spot $69.30/Bbl

Pipeline 40

Pipeline Natural Gas BCF BBL 40

The Energy Law

SEPTEMBER 6, 2007

Bbl UP $2.22 Furthermore, the company announced a strained operating condition warning, which was cancelled on September 3. – Transco Gas Pipeline Corporation released a notice on September 4 regarding firm backhaul transportation service for winter 2007-2008. MMBtu UP $0.17

Pipeline 40

Pipeline BCM Maintenance BCF 40

Rextag

JANUARY 21, 2025

Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025. Current estimates suggest that at $70/ bbl oil, companies hold three to seven years of drilling inventory in core zones. Currently, at $2.75/MMBtu,

IT 40

IT Gas BBL Oil 40

Oil & Gas 360º

APRIL 23, 2025

With produced water now available for flooding the Oungre, we have introduced approximately 3,000 bbl/d of injection and were able to suspend a source water well that is expected to save an estimated $250,000 per year in operating costs. GJ to $3.35/GJ. Boe may be misleading, particularly if used in isolation.

Gas 100

Gas Oil BBL Exploration and Production 100

Rextag

APRIL 24, 2025

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Whos Leading the Charge?

Gas 52

Gas BCF BBL Exploration and Production 52

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 Genel Energy has announced its audited results for the year ended 31 December 2024. Production costs (17.6) (18.0) EBITDAX1 1.1 Capital expenditure 25.7

Energy 66

Energy Energy Exploration and Production BBL 66

Oil & Gas 360º

MARCH 10, 2025

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

Rextag

APRIL 24, 2025

Bcf/d, while oil output from the formation has increased by 26,000 barrels per day ( bbl /d). EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. Since 2020, Austin Chalk gas output has nearly tripled to 1.8 Whos Leading the Charge?

Gas 40

Gas BCF BBL Exploration and Production 40

Oil Gas Leads

MAY 2, 2025

This was part of a global 20% increase in production, fueled by: The Pioneer Natural Resources acquisition Continued development in the Permian Basin Structural cost savings and operational efficiencies Permian production alone helped add 767,000 barrels of oil equivalent per day (boe/d) to Exxons total output, a significant portion of its 4.55

Upstream 52

Upstream Consulting Basin Engineer 52

Oil Review Middle East

MARCH 10, 2025

The project includes the drilling of more than 200 wells and the installation of a new centralised process complex, nine remote wellhead platforms, and associated pipelines. EnerMech, which has a presence in UAE, Qatar, Saudi Arabia, Bahrain, Iraq and Oman, sees attractive growth prospects in Qatar and the wider Middle East.

Field 40

Field BBL Oil In Place Management 40

Rextag

FEBRUARY 24, 2025

However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 This pipeline has significantly reduced flaring, stabilized natural gas prices at the Waha hub, and enabled higher oil production by ensuring gas associated with oil drilling can be transported efficiently. 2023 Production: ~6.0 2024 Production: 6.3

Basin 40

Basin Oil Gas Exploration and Production 40

Iraq Business News: Oil & Gas

MARCH 20, 2025

bbl, with prices stabilising in a range of c.$27-$28/bbl 27-$28/bbl in H2 2024 2025 year to date (to 18 March 2025) gross average production of c.46,400 bbl (2023: $40.9/bbl) bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl (2023: $5.6/bbl), bbl, with prices stabilising in a range of c.$27-$28/bbl

BBL 64

BBL Exploration and Production Operator Pipeline 64