article thumbnail

Who Is The World's Top Oil Producer?

Rigzone

Top Crude Oil and Condensate Producer The EI’s latest statistical review of world energy showed that the U.S. was also the world’s top producer of crude oil and condensate. percent of the world’s total crude oil and condensate production last year, the report outlined. According to the report, the U.S.

article thumbnail

CanCambria Energy Corp signs Kiskunhalas concession contract

Oil & Gas 360º

Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CNX Back to Black

Rigzone

Bcfe, and oil and condensate 0.2 Oil and condensate sold for $8.74 million in net profit for Q2, rebounding from two consecutive quarters of losses. Gas sales totaled 156.3 Bcfe, natural gas liquids (NGLs) 11.1 Production averaged 1.84 Bcfe per day. The increase in volumes was partially offset by a fall in prices across commodities.

article thumbnail

USA EIA Reveals Latest USA Crude Oil Production Forecast

Rigzone

crude oil production, including lease condensate, will average 13.37 crude oil production, including lease condensate, would come in at 13.42 Energy Information Administration (EIA) revealed its latest U.S. crude oil production forecast in its July short term energy outlook (STEO), which was released earlier this month.

article thumbnail

Ovintiv Q2 Earnings Slip YoY

Rigzone

This includes 211,000 barrels of oil and condensate per day (Mbbls/d), 96 Mbbls/d of other natural gas liquids, and 1.85 In its quarterly update, Ovintiv reported that its average production for the three months ended June 30 was 615,000 barrels of oil equivalent per day (615 Mboe/d). million cubic feet per day of natural gas.

article thumbnail

CanCambria Energy Corp. Announces Trading on the OTCQB Venture Market in the United States

Oil & Gas 360º

Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.

article thumbnail

PTTEP Acquires Stake in Gulf of Thailand Asset from Chevron

Rigzone

Covering an area of approximately 2,800 square miles (7,250 square kilometers), it is a key source of natural gas and condensates for Thailand and Malaysia, according to the release. The MTJDA is located in the southern part of the Gulf of Thailand.