Oilholics Synonymous Report

JANUARY 29, 2025

Moving beyond the lab, Metafuels' demonstration plant with a production capacity of 50 litres is nearly complete which this blogger was also given a kind tour of. The plant will help Metafuels work on concepts for producing Aerobrew on a much larger scale. This is massive if achieved on a commercial scale.

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Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to refining capacity. Iraq has also completed key gas processing projects, including Basra Gas BNGL (200 mmscfd) and Halfaya (300 mmscfd), with further expansions planned. Covering 80% of gasoline demand, reducing imports.

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Oil Gas Leads

MARCH 8, 2025

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Scheduled for completion in early 2028 , with expansion potential beyond 400,000 bpd.

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Iraq Business News: Oil & Gas

FEBRUARY 6, 2025

According to a company statement this morning: " Net production climbed 50 percent year-on-year to 77,300 barrels of oil equivalent per day (boepd), to which Kurdistan contributed 59,000 boepd, North Sea 15,200 boepd and West Africa 3,100 boepd. "At Operational Overview Well testing program completed in Q4.

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Rextag

JANUARY 29, 2025

Upon completion, the merged entity will hold an enterprise value of roughly $3.8 Mavericks operations currently yield an average of 77,000 barrels of oil equivalent per day. Diversified Energy reported an output of approximately 138,000 barrels of oil equivalent per day during its fiscal third quarter. billion, including debt.

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Iraq Business News: Oil & Gas

FEBRUARY 24, 2025

According to what the Ministry described as data issued by secondary sources approved by OPEC , Iraq's crude oil production in January 2025 stood at 3.999 million barrels per day (bpd), reflecting adherence to agreed production levels. Haitham Al Ghais, OPEC Secretary-General.

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Oil Gas Leads

MARCH 10, 2025

million barrels per day (bpd) in 2024 to around 13.6 Production and Market Outlook for 2025 Despite the overall rig count decline, production forecasts remain bullish : The EIA projects that U.S. crude oil production will rise from a record 13.2 million bpd in 2025.

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OilPro

MARCH 16, 2020

This had never been done in Kuwait with tanks of this size, so everyone was quite excited to complete this project. The project was completed in short order and our client was very happy with the package he bought from us. As this was an Early Production Facility, timelines were tight.

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Rextag

NOVEMBER 6, 2024

Equinor has gone further, halting production entirely with a complete evacuation underway. million barrels of oil and 6.39 Chevron, following suit, is relocating workers from Big Foot and Petronius, while Shell is clearing out staff from platforms including Appomattox, Vito, and Enchilada-Salsa.

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Crude Oil Futures

DECEMBER 2, 2024

The analysts at S&P Global disclosed last week that the UAE has been exceeding the production by 700,000 barrels more than what it agreed to, with the OPEC+, from January to October.; It is an acute problem for the countries that completely rely on the revenue from oil to boost their coffers.

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Energy Transfer

FEBRUARY 12, 2025

Also in December 2024, we completed the initial phase of the Sabina 2 pipeline conversion from Mont Belvieu to Nederland, which increased the capacity for multiple products from 25,000 barrels per day to 40,000 barrels per day.

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Rextag

JANUARY 21, 2025

oil production, is advancing in maturity, requiring operators to refine drilling and completion techniques. OPEC+ has kept 3 million barrels per day off the market, stabilizing prices and reinforcing its role as a key market regulator. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S.

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Oil Gas Leads

MARCH 13, 2025

In 2023, BP produced 434,000 barrels of oil equivalent per day (boepd) in its U.S. We have a fabulous position here in the Gulf of America, Auchincloss stated, referring to the companys 10 billion barrels of oil and gas resources in place within the Paleogene play. benchmark gas prices more than doubling in the past year to around $4.4

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Oil & Gas 360º

MARCH 10, 2025

Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Refer to the Specified Financial Measures section in this press release for additional disclosure and assumptions.

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Oil Gas Leads

MARCH 13, 2025

The recent filings indicate that Scout Energy Management has assumed control of several facilities, including: LARIMER BATTERY ROASTED GOAT STATE UNIT BATTERY BIG CHIEF 46, 73, and 76 BATTERIES These assets were previously operated by ConocoPhillips, and the air permit changes were officially completed in March 2025.

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Oil Gas Leads

MARCH 7, 2025

The company reported 833,000 barrels of oil equivalent per day (boe/d) in the Permian for Q4 2024, attributing its success to significant efficiency improvements. We’ve got 2,000 competitive well locations, as Ryan mentioned, around that $40 per barrel cost of supply.

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Rextag

FEBRUARY 24, 2025

In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. in LNG infrastructure expansion, with several new projects advancing toward completion in 2025. Oil Price & Market Dynamics (2024-2025) 2024 Oil Price Trends Brent Crude Oil Price (2024 Average): $80 per barrel.

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Energy Transfer

DECEMBER 23, 2024

JULY Energy Transfer Completed its Acquisition of WTG Midstream Holdings Energy Transfers completion of its acquisition of WTG Midstream added approximately 6,000 miles of gas-gathering pipelines that extend Energy Transfers network in the Midland Basin.

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Oilholics Synonymous Report

JANUARY 20, 2025

What can only be described as the greatest political comeback in history was completed on Monday by Donald J. Drill the Americans will, and already are, pumping north of 13 million barrels per day of crude oil. This will likely keep the Brent front-month futures contract around $80 per barrel. That's all for the moment folks.

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Crude Oil Futures

FEBRUARY 15, 2025

Now, they face a complete U-turn from the Trump administration, rendering their strategic plans obsolete and complicating their relationship with Mr Putin. Meanwhile, oil prices have been hovering just above the psychologically significant $70 per barrel threshold. Adding to the tension, U.S.

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The Energy Law

OCTOBER 26, 2020

While Biden’s exact position on oil and gas production could still use some clarification (he has flip-flopped at least twice on whether he is opposed to fracking), he does not advocate for a complete ban on the use of fossil fuels. million barrels of oil and gas per day. Given the current state of the U.S.

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The Energy Law

OCTOBER 26, 2020

While Biden’s exact position on oil and gas production could still use some clarification (he has flip-flopped at least twice on whether he is opposed to fracking), he does not advocate for a complete ban on the use of fossil fuels. million barrels of oil and gas per day. Given the current state of the U.S.

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The Energy Law

OCTOBER 26, 2020

While Biden’s exact position on oil and gas production could still use some clarification (he has flip-flopped at least twice on whether he is opposed to fracking), he does not advocate for a complete ban on the use of fossil fuels. million barrels of oil and gas per day. Given the current state of the U.S.

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