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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

(Oil Price) –This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the worlds most lucrative oil projects. Guyana is now the third-largest per-capita oil producer in the world, according to the U.S. supermajor. supermajor.

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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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ExxonMobil CEO Darren Woods on Doubling Recovery Rates and the Future of Fracking

Oil Gas Leads

In a recent interview on CNBC, ExxonMobil Chairman and CEO Darren Woods shared compelling insights into the companys long-term strategy for unlocking greater value from unconventional oil and gas resourcesspecifically through advanced fracking technology and the goal of doubling recovery rates. As the company moves forward with its $59.5

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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%). The company says its strong relationship with NOC, going back to 2017, was a key factor in retaining the contract, along with its record of past performance, knowledge of NOCs assets and availability of resource within the country.