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OPEC+ likely to pause output hikes after next meeting, says Goldman Sachs

Oil & Gas 360º

The organization and its allies have been voluntarily holding back a second, smaller tranche of supply, propping up oil prices. Our base case remains that they will be done raising production once the 2.2 Signs of a tight market include crude oil stockpiles at the key U.S.

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YPF turnover ruling in US casts shadow on Argentina’s shale, FX plans

Oil & Gas 360º

billion to Eton Park in the same case, which Argentina is also appealing. .” The legal dispute arose from Argentina’s 2012 seizure of the 51% YPF stake held by Spain’s Repsol (OTC: REPYY ), without tendering for shares held by minority investors Petersen Energia Inversora and Eton Park Capital Management. In 2023, Preska awarded $14.4

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

(private) (N/A – private; high gas focus) (N/A – private) ~7–9 rigs in Oklahoma (2025) (21 wells drilled in 2023) Note: MBOE/d = thousand barrels of oil equivalent per day. Liquids” includes crude oil and NGLs. Mewbourne Oil Company – Aggressive Private Driller in Western OK Mewbourne Oil Co.

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U.S. energy sector makes strong start to 2025 – Morgan Stanley

Oil & Gas 360º

Despite generally cautious investor sentiment on oil markets, the energy sector has had a strong start to 2025, rising 8% year-to-date, outperforming the S&P 500 index by around 10%, according to analysts at Morgan Stanley, in a note dated March 26. (Investing) –The U.S.

E&P
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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource. About EOG Resources EOG Resources, Inc.

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New creditors’ battle emerges in Citgo auction reboot

Oil & Gas 360º

The complex auction meant to repay 18 creditors for debt defaults and expropriations by Venezuela and state oil company PDVSA was relaunched in January after a year-long bidding process ended in shambles amid arguments over Citgos worth and parallel legal cases. BONDHOLDER ISSUES The Red Tree $3.7

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Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

The breakdown of well types for total original drilling permits in March 2025 is: 137 oil, 52 gas, 469 oil and gas, 20 injection, 1 service, and 17 other permits. As is always the case, the March 2025 numbers are subject to updating and revision by the commission.