Barrel Exploration and Production Sustainable 
Rextag
DECEMBER 18, 2024
In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., Whispers of Greatness: Early exploration hinted at untapped reserves that could change the game. billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. Production in the U.S.
Rextag
DECEMBER 23, 2024
This deal boosted Exxons daily output by over 700,000 barrels of oil equivalent per day (boe/d). Chevrons Purchase of Hess Corporation Value: $60 billion Date: September 30, 2024 Chevrons acquisition added Hesss assets in Guyanas Stabroek Block, a hotbed of oil discoveries with reserves exceeding 11 billion barrels.
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Rextag
FEBRUARY 13, 2025
Comparison with European Peers Rivals such as Shell and TotalEnergies have sustained or expanded their buyback programs, buoyed by stable cash-flow generation even amid fluctuating oil prices. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil.
Rextag
FEBRUARY 17, 2025
If GDP grows at the historical rate, oil demand would be at least 10 million barrels per day (mmbd) higher by 2035 than the IEA forecasts. The world has never achieved sustained energy infrastructure investment at the level the IEA assumes. Ford lost $60,000 per EV in 2024, forcing automakers to scale back production.
Oil & Gas 360º
MARCH 10, 2025
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. million acres in Alberta. billion 1.
Oil Gas Leads
MARCH 13, 2025
One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The Texas Commission on Environmental Quality (TCEQ) oversees these permits to ensure that production activities adhere to state and federal environmental regulations.
Oil Gas Leads
MARCH 7, 2025
The company remains committed to capital efficiency and production optimization , with a focus on delivering value-driven growth while maintaining operational discipline. 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.
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