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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

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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

Im proud to showcase Saturns ongoing operational efficiency with an average 20% well outperformance while our spending remains on budget, providing valuable flexibility in a tumultuous market, and positioning us to reallocate capital as may be needed without impacting our production guidance, said John Jeffrey, Chief Executive Officer of Saturn.

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What Comes After the Permian for IOCs? A Basin of Enormous Value

Rextag

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

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Florida Investors and the Shift to Alternative Investments in Oil and Gas

Aresco

In addition to the potential for high returns, oil and gas investments also come with significant tax advantages, which further enhance their appeal. government offers a variety of tax incentives aimed at encouraging domestic energy production. These costs are typically depreciated over seven years.

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Drillers in Canada shift to natural gas as trade war drives down oil prices

Oil & Gas 360º

In recent weeks, OPEC and its allies added to the headwinds by surprising the market with plans to revive curtailed production earlier and faster than expected. On top of that, Heavy Western Canadian Select crude typically trades at a discount to WTI, currently about $9.65 as well, where Precision Drilling Corp.

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EIA sees U.S. oil output slipping slightly during 2026

Oil & Gas 360º

(World Oil) – The U.S. sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. The production forecast for next year represents a drop of 120,000 bpd from the agency’s previous projections in May. saying production has already peaked.

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