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Enverus EVOLVE: Creating the future of energy with AI, intelligence and innovation

Enverus

The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. operating companies.

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Western Canada Heavy Oil Outlook 2025: Momentum Returns with TMX Tailwinds

Oil Gas Leads

After years of volatility and infrastructure constraints, a new wave of investment and activity is materializing—driven by strong operator sentiment, a rebound in permitting, and a long-awaited breakthrough in market access: the Trans Mountain Expansion (TMX) pipeline. Optimization + brownfield growth CNRL 810–835K ~2.8

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DJ Basin Update: Low-Cost Production, Rising Gas Ratios, and Strategic Shifts Amid Regulatory Pressure

Oil Gas Leads

While it lacks the scale of the Permian or Eagle Ford, the DJ offers operators attractive breakeven costs, strong midstream infrastructure, and a strategic position for gas-weighted growth. While not as prolific as the Permian or Eagle Ford, it offers strong midstream infrastructure and low breakeven costsmany sub-$50/bbl.

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Permian Basin Well Permits Decline — AI Forecast Confirms Downward Trend

Oil Gas Leads

Top 5 Operators by Well Permits in the Permian Oil Prices and Market Pressure Oil market fundamentals have shifted. In early 2024, WTI crude prices averaged $77$80/bbl , whereas by Q2 2025, prices have softened to $60$70/bbl.

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Permian Basin Drives 80% of U.S. Tight Oil Boom Since 2010

Oil Gas Leads

2020: Both Permian and non-Permian output dropped sharply due to WTI < $50/bbl and COVID-19. Price Sensitivity & Recovery Patterns 20152017: Non-Permian tight oil production declined due to low prices. 20212024: Permian recovered faster and stronger , becoming the dominant growth engine.

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2024 Canadian Oil & Gas Production Snapshot

Oil Gas Leads

Canadas oil and gas sector remained resilient in 2024, with several operators reporting record-breaking production volumes. The data reflects both oil and gas output, offering a high-level look at market leaders, operational growth, and emerging trends in Canadian upstream development. 102,012 bbl/d (bitumen) SOR of 2.39

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Ring Energy Expands in Andrews County Again as Chord Energy Transfers Facility to Ring

Oil Gas Leads

Facility Transfers to Ring Energy: Recent TCEQ filings reveal the operational transfer of legacy Whiting assets (e.g., Complements existing Shafter Lake operations. Competitive breakevens sub-$40/bbl support cash flow. Ensures regulatory compliance, environmental oversight, and operational accountability. Chord Energy).

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