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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

bbl, while conventional basins report costs of US$28-35/bbl, channeling upstream investment toward shale plays. Leading operators include TotalEnergies, Harbour and CGC, with assets like Vega Pl é yade, Ara, and El Cerrito, both onshore and offshore.

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Azule Energy starts production from Agogo FPSO

Oil & Gas Journal

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. About the Author Email Alex Procyk Upstream Editor Alex Procyk is Upstream Editor at Oil & Gas Journal. The Agogo FPSO has a production capacity of 120,000 b/d of oil.

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Reusing produced water

Oilfield Technology

It was costing up to US$10/bbl to ship PW to out of state SWDs because Pennsylvania had only nine permitted SWDs. Only a few years back desalinating PW was projected to cost US$5-6/bbl. More recent developments in desalinating technologies are suggesting costs of US$1-2/bbl at scale. This was driven by two factors.

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Chevron’s Permian production tops 1 million boe/d, executives shift focus to cash flow

Oil & Gas Journal

June 26, 2025 76827000 © Rawpixelimages | Dreamstime.com Podcasts ICYMI: Chevron closes Hess deal, whats next for 2025 upstream M&A? The company’s average realized price for US upstream liquids was $47.77/bbl bbl versus $59.85 The company’s average realized price for US upstream liquids was $47.77/bbl

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U.S. Upstream Leads ExxonMobil’s 2025 Strategy — Powered by “Advantaged” Projects

Oil Gas Leads

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

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. Boe may be misleading, particularly if used in isolation. USD-CAD and C$3 / GJ AECO.

BBL
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EIA Lastest News – Product Prices & Pipeline News

The Energy Law

Bbl UP $2.22 FGT announced that it would not interrupt previously scheduled market area interruptible transportation service below the elapsed-prorated-scheduled quantity. Commodity Price or Volumes Change since last % Change Natural Gas Spot (Henry Hub) $5.81/MMBtu MMBtu UP $0.17