2023 Barrel Natural Gas 
Oil & Gas 360º
MARCH 11, 2025
Energy Market Assessment: Restoringupward mobility of the masses will have a profitable oil & gas drilling boom- oil and gas 360 While many are worried about stock market volatility, interest rates, tariffs and other uncertainty, The Climate Changing to stimulating is driving our bullish natural gas outlook.
Permian Basin Oil and Gas Magazine
MARCH 4, 2025
million barrels (80,200 barrels per day) up 23 percent from 2023. million boed (170,000 boed) up 12 percent from 2023. Estimated net proved reserves at yearend 2024 were 673 million barrels of oil equivalent, including 51 percent in south Texas, 34 percent in Midland Basin and 15 percent in Uinta Basin.
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Permian Basin Oil and Gas Magazine
MARCH 7, 2025
Midland-based Permian Resources said last week it plans to increase production in 2025 by 8 percent to 360,000 to 380,000 boed and reduce well costs to $775 per lateral foot (compared to $800 in previous three months and $950 at yearend 2023). Fourth quarter production was 171,300 barrels of oil per day (368,400 boed).
Energy Transfer
FEBRUARY 12, 2025
This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023. We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%).
Oil Gas Leads
MARCH 4, 2025
Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. per barrel , marking a 5.2% Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17 per barrel of oil equivalent (boe) , up 15.6% compared to 2023.
Rextag
FEBRUARY 13, 2025
By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. However, Looneys tenure ended abruptly in September 2023 over undisclosed personal matters. Auchincloss, Looneys CFO, was initially seen as a continuity candidate.
Drillers
MARCH 24, 2020
billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. According to estimates from human rights groups, millions of barrels have leaked or spilt in the Niger Delta over the years.
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