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Top 5 Frac Trends Reshaping Oil & Gas in 2025

Oil Gas Leads

Recovery Rate Revolution: ExxonMobil’s Ambition Despite the industry typically recovering only 5-10% of oil in place , ExxonMobil is targeting double the recovery rate. Operators that embrace next-gen tech and efficient completions are redefining margins, emissions, and recovery rates.

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U.S. oil giants fight over Guyana’s 11-billion barrel treasure trove

Oil & Gas 360º

Guyanas Stabroek block has an estimated 11 billion barrels of oil in place discovered so far by the consortium of ExxonMobil, U.S. Exxon is the operator of the block with a 45% stake. So far this year, Chevron has expanded production in Kazakhstan and started up production at the Ballymore oil project in the U.S.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

The Majnoon Oil Field is a super-giant oil field located 60 km from Basra in southern Iraq. It is one of the richest oil fields in the world with an estimated 38 billion barrels of oil in place. Iraq’s state-run Basra Oil Company operates the field with support from China’s Anton Oil and KBR.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

The field is operated by North Oil Company, a joint venture between QatarEnergy (70%) and TotalEnergies (30%). As 2025 progresses, we are eager to build on our strong footing in Qatar and continue to work with our clients to provide the best-in-class provisions.