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

Oil & Gas 360º

(World Oil) – With the producer club nearing the end of a first phase of jumbo output hikes, the market’s attention is turning to what will come after. The organization and its allies have been voluntarily holding back a second, smaller tranche of supply, propping up oil prices. That’s our expectation, that we will get another 0.55

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What Is The Biggest Oil Discovery of All Time?

Rigzone

Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? Image by Luca Binelli via iStock What is the biggest oil discovery of all time?

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

Oil & Gas 360º

4 for shale oil, into a key global energy-producing region that would help bring in foreign currency needed to prop up the economy. Vaca Muerta has hit production of over 400,000 barrels per day of oil and some 70 million cubic meters of gas per day. billion to Eton Park in the same case, which Argentina is also appealing.

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Union Jack Oil plc sign farm-in agreement with Reach Oil and Gas for the Sark Drilling Project

Oilfield Technology

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. 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.

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Valor | Energy Connection – July 21, 2025

Valor

July 21, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Read more US drillers add oil/gas rigs for first time in 12 weeks, Baker Hughes says Summary : For the first time in 12 weeks, the U.S. Stay tuned for weekly updates to keep you well-informed.

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Expro secures contract with Woodside Energy for Trion deepwater project

Oilfield Technology

Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.

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Texas Supreme Court: Produced Water Belongs to the Operator

Texas Oil & Gas Attorney

In the recent case of Cactus Water Services LLC v. COG Operating LLC , the Texas Supreme Court addressed the question of who owns produced water resulting from oil and gas production. Produced water, consisting of salt water mixed with oil, drilling fluids and fracking fluids, has long been considered to be waste.