Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?
Rextag
FEBRUARY 24, 2025
Bcf/d of takeaway capacity. Bcf/d , reflecting the impact of expanded takeaway capacity and rising demand for LNG exports. The first projects are expected to be operational by 2028. Bcf/d (highest on record). upstream oil and gas sector totaled $105 billion in 2024, making it the third-highest annual total in history.
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