Egypt Oil & Gas
APRIL 20, 2025
This phase involves the use of a floating processing unit in the offshore well area, located 220 km from the shore, to separate natural gas and condensates. It is worth noting that Enis Saipem 10000 drilling rig is continuing developmental drilling operations as part of the fields development project.
Oil Gas Leads
JUNE 11, 2025
This plan represents a continued, albeit measured, program – likely equating to about 1–2 drilling rigs running. Indeed, industry data indicates Ovintiv added an extra rig in Oklahoma early 2025 as gas prices improved.) Correspondingly, Ovintiv has budgeted roughly $300–$325 million of capital to Oklahoma (Anadarko) in 2025.
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Rextag
JUNE 2, 2025
Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. In 2025, crude and condensate output is projected to rise by 200,000 barrels per day (b/d), reaching 6.6 million b/d.
Oil & Gas 360º
APRIL 23, 2025
OUTLOOK During the second quarter, Western Canada is subject to spring break-up conditions, when the ground is too soft to mobilize drilling rigs or other heavy equipment due to melting snow. The full list of awardees can be accessed here: Financial Times Americas Fastest Growing Companies.
Oil & Gas 360º
APRIL 29, 2025
The drillers arent just seeking natural gas, but rather the associated liquids such as condensate, which is blended with oil sands bitumen to allow it to flow through pipelines and commands stronger pricing than Canadian crude, Rix said. as well, where Precision Drilling Corp. a drilling rig contractor operating in Canada, the U.S.
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