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How Much Oil and Gas Did Aramco Produce in 2Q?

Rigzone

“In the second quarter of 2025, Aramco continued to demonstrate safe, reliable, and efficient operations achieving total hydrocarbon production of 12.8 “The decrease was largely due to lower crude oil prices, partially offset by a decrease in production royalties,” Aramco said in its statement.

Gas
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Industry Bodies Look at Texas Upstream Employment in May

Rigzone

TXOGA noted in its statement that the upstream sector involves oil and natural gas extraction and excludes other industry sectors such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines, and gas utilities. It was founded in 1919.

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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The leases contained the following royalty provisions: 3. Sheppard , — S.W.3d

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Natural Gas A Driving Force for PA

Marcellus Shale Coalition

With access to one of the largest natural gas reserves in the world, the region has seen hundreds of thousands of family-sustaining jobs created across sectors not only in drilling and pipeline operations, but also in manufacturing, construction, engineering, and local service industries.

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Texas Supreme Court Rules Oil and Gas Producer Not Entitled to Sales Tax “Manufacturing Exemption”

The Energy Law

At issue in Southwest Royalties, Inc. The State contended that bringing minerals to the surface does not constitute “manufacturing,” and put on evidence to show that the phase changes identified by Southwest were the result of natural changes in pressure in temperature and were not caused by Southwest’s equipment.

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Natural Gas a Powerhouse for Economic Growth & Reliability – Highlights from Pittsburgh

Marcellus Shale Coalition

Her remarks reflect a common theme coming out of the general membership meeting: Pennsylvanias natural gas resources are the engine keeping Pittsburgh and Western PAs economy moving from the worlds first independently-powered airport to the citys burgeoning tech, R&D and manufacturing sectors.

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With A New Regulatory Framework On The Horizon, There Is Still Much Uncertainty Concerning The Future Of Offshore Carbon Storage

The Energy Law

Another significant issue that will have to be addressed is the liability of operators and lessees or rights holders for potential leaks from offshore CCS projects. Interior is currently conducting ongoing research on various technical and operational issues associated with offshore CCS.