Oil & Gas 360º

APRIL 23, 2025

Torquay Waterflood Update As part of our commitment to long-term sustainability, Saturn continued to invest in our waterflood projects during the quarter. Should the WTI benchmark oil price fall to US$50/bbl, Saturns hedge book provides significant protection, having a cash value of over $160 million at that level. GJ to $3.35/GJ.

Gas 100

Gas Oil Exploration and Production BBL 100

Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Oil Gas Leads

MAY 20, 2025

In early 2024, WTI crude prices averaged $77$80/bbl , whereas by Q2 2025, prices have softened to $60$70/bbl. While operators still hold large inventories of low-breakeven projects, sustained drilling activity is essential to offset shales steep natural declines.

Basin 52

Basin BBL Operator Oil 52

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.

IT 40

IT Gas Oil BBL 40

Oil Gas Leads

MAY 2, 2025

In ExxonMobil’s framework, a project is “advantaged” if it offers: Low breakeven economics (i.e.,

Upstream 52

Upstream Consulting Basin Engineering 52

OilPro

AUGUST 6, 2024

Some of them include: Implementing more efficient and sustainable production processes to reduce environmental impact and costs. One Bakken tank farm currently venting 300,000 SCF/d of 2,300 BTU/ft3 gas was shown to be able to achieve a condensate volume of ~ 70 Bbl/d recoverable. There are so many ways a business can accomplish this.

Condensate 52

Condensate Gas BBL API 52

Rextag

JUNE 2, 2025

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Conversely, many smaller operators are already experiencing deteriorating well performance.

Basin 40

Basin Exploration and Production Condensate Oil 40

Iraq Business News: Oil & Gas

MARCH 20, 2025

We have sustained our positive momentum into 2025, with year to date gross average production of c.46,400 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 (2023: $5.6/bbl),

BBL 64

BBL Exploration and Production Operator Pipeline 64

Oil & Gas 360º

APRIL 4, 2025

bbl Brent forecast for 2H25 for now,” Morgan Stanley commodity strategists said. However, the sustainability of low volumes at low prices is questionable, and increased oil production may become a key consideration for some OPEC members. Brent Oil Futures dropped 7.6% a barrel at 14:05 GMT, while Crude Oil WTI Futures fell 8.4%

Oil 130

Oil Crude Oil BBL Barrel 130

Enverus

APRIL 15, 2025

Based on EIR’s models, sustaining prices of $65/bbl Brent in Q2, or $60/bbl WTI, imply a market imbalance of around 2 million barrels per day. The market is reevaluating its expectations, forecasting weakened oil demand amid a fragile global economy.

Oil 130

Oil BBL Barrel Transportation 130