BBL Oil Upstream 
Oil & Gas Journal
JULY 28, 2025
In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. On a national scale, shale oil accounts for 60% of total output, while tight and shale gas combined make up 65% of Argentina ’ s gas production.
Permian Basin Oil and Gas Magazine
AUGUST 1, 2025
Energy Information Administration (EIA) raised its mid-year forecast accordingly and now expects WTI to gradually decline to $59/bbl by December 2025, and slide further into the low $50s— ending at roughly $53/bbl by late 2026. Screenshot Jesse Mullins, Editor Jesse Mullins is editor of Permian Basin Oil and Gas Magazine.
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Oilfield Technology
JULY 14, 2025
3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross. Estimated success case of NPV10% circa US$10 900 000 net, based on a US$65/bbl oil price.
Oilfield Technology
JULY 2, 2025
During June 2025, Keddington produced a total of 992 bbl of oil over 23 days of timed pumped production averaging 10.4 David Bramhill, Executive Chairman of Union Jack, commented: “As expected, current flow rates from Keddington are exhibiting a material increase in oil production to those seen prior to the site upgrades.
Oil & Gas Journal
JULY 31, 2025
Azule Energy has reached first oil production from the Agogo floating production, storage, and offloading (FPSO) vessel offshore Angola. The fields have combined estimated reserves of about 450 million bbl with projected peak production of 175,000 b/d produced via the Agogo and Ngoma FPSOs.
Oilfield Technology
JUNE 20, 2025
The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6 million bbl of oil equivalent in Triassic reservoir rocks. The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 - 61.6
Oilfield Technology
JUNE 27, 2025
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. This was driven by two factors. The cost today is closer to US$0.15/bbl.
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