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New Phase to Add 1 Tcf Natural Gas to Zohr Reserves

Egypt Oil & Gas

The workshop discussed the future of the Zohr field project and production sustainability, with a focus on the third phase of the project. 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.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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.) For instance, in 2021–22 when public, Continental was spending nearly half its drilling budget in Oklahoma.

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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

In addition, we identified the opportunity to increase injection and production in the Oungre and Torquay fields by separating produced water from each formation, since combining the fluids creates an unusable emulsion. The full list of awardees can be accessed here: Financial Times Americas Fastest Growing Companies.

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