Remove BCF Remove Oil Remove Spud-in
article thumbnail

Williston Basin White Paper

Oil Gas Leads

oil production, delivering approximately 1.2–1.3 million barrels of oil per day as of Q1 2025. This report profiles 36 active operators —each of which has spud at least one new well since 2023 —providing a detailed look at production volumes, drilling activity, core acreage, and strategic focus.

article thumbnail

Top 5 Trends Reshaping Oil & Gas Strategy in 2025

Oil Gas Leads

wells), and applying AI to extract common themes, here are the top five trends transforming oil & gas strategy for the remainder of 2025. shale sector is innovating at every step: Permian Resources cut average cycle time by 16%, reaching just 13 days spud-to-release. Devon Energy improved completions efficiency by 12%.

Gas
article thumbnail

U.S. Shale’s Superpower Isn’t Geology — It’s Consistency

Oil Gas Leads

Key Metrics Value Implication Permian Base Decline 3040% annually Constant drilling needed Well Productivity Plateauing New wells Stability DUC Inventory Shrinking No cushion left Permian Output (20252029) +67 Bcf/d forecast Midstream banks on it Even modest slowdowns have a compound impact. Darren Woods, ExxonMobil Our U.S.