BBL, IT and Probable Reserves - Energy Aggregated

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BBL

Probable Reserves

How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

JULY 16, 2025

bbl between 2017 and 2019, according to BMO. In contrast, a recent Dallas Federal Reserve survey of over 100 oil and gas companies in Texas, New Mexico and Louisiana found that shale oil producers need a WTI oil price of $65 per barrel on average to profitably drill. shale for its quicker drilling time and returns.

Oil

Oil Exploration and Production E&P Barrel

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

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

Exploration and Production Energy Energy Natural Gas

How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

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