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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.) Ward, is an upstream LP focused almost entirely on the Mid-Continent.

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BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness

Oil Gas Leads

This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. billion (up from $1.2 billion in Q4 2024) Pre-tax Earnings (RCPBIT): $4.5

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CNRL Drilling Trends: Q1 2025 Sees 6% Increase

Oil Gas Leads

Quarter-Over-Quarter Growth CNRL recorded 121 drilling activity records in Q1 2025 , up from 114 in Q1 2024. This 6% increase highlights CNRLs steady investment in upstream operations, even amid a broader environment of cautious capital spending.

Field 52
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What Comes After the Permian for IOCs? A Basin of Enormous Value

Rextag

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. million b/d. The other five major U.S. Is There Such a Thing as Too Much Permian?

Basin 40
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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

billion in 2027 2029, before returning to sustaining expected capital of $0.8 HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives.

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