Oil & Gas 360º

MARCH 11, 2025

(Oil Price) –ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. The supermajor and its partners have several oil projects on stream, collectively producing more than 650,000 barrels per day (bpd) of crude oil.

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Oil & Gas 360º

MARCH 11, 2025

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. Last weeks 80 Bcf draw in working natural gas inventory has it down at 1,760 Bcf on February 28 (Figure 9, red line). Figure 9: U.S.

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Oilholics Synonymous Report

FEBRUARY 14, 2025

Over the course of Thursday and Friday - days III & IV - of India Energy Week 2025 that put us on the home stretch of the global event, conversations turned more meaningfully towards the Indian government's assertion of placing a 'gas economy' at the heart of its march to net zero by 2070. So, how they are tapped matter greatly.

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NGT News

APRIL 16, 2021

a midstream company focused on natural gas processing, fractionation, storage, transportation and marketing, says it is utilizing Topsoe’s H2bridge technology to produce approximately 3,000 barrels per day of renewable diesel from its proposed renewable diesel facility. Tidewater Midstream and Infrastructure Ltd.,

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Rigzone

MARCH 5, 2025

Preliminary estimates indicate 19-44 million barrels of oil equivalent recoverable resources.

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Oil & Gas 360º

MARCH 6, 2025

That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S. million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. million barrels last week, its highest level in four months.

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Oil & Gas 360º

MARCH 6, 2025

billion, 20-year deal to take over the 75,000 barrel per day Block 60, or Sacha oil field. Previously, the consortium of local subsidiaries of Chinese oil company Sinopec and New Stratus Energy Inc. had until April 4 to make the payment. Its been pledged as part of a $3.2

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BOE Report

MARCH 12, 2025

million barrels of oil equivalent per day in 2030, up from 4.3 oilfield the Permian, and the liquefied natural gas business, [Read more] Exxon Mobil expects to raise output to 5.4 million boepd now, the company’s president of upstream said on Wednesday.

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Oil & Gas 360º

MARCH 4, 2025

million barrels a day (bpd) this year to just over 106 million bpd, helped for petrochemicals and jet fuel, Chief Executive Officer Amin Nasser said on an earnings call Tuesday. Brent was trading near $70 a barrel on Tuesday, below the more than $90 that Saudi Arabia needs to balance its budget. Oil use is set to rise by 1.3

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Oil & Gas 360º

MARCH 4, 2025

(Oil Price) –BP is looking to raise the number of its board members and hire two more directors as part of its strategy to boost oil and gas production and shareholder returns, the Financial Times reported on Tuesday, citing sources familiar with the plans. Production is also expected to grow, to 2.32.5

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Oil & Gas 360º

MARCH 13, 2025

The vessel has a storage capacity of approximately 600,000 barrels of oil and processing capacity of approximately 80,000 barrels of oil per day. It is also important to note that the purchase price was included in our 2025 capital expenditure guidance range of $1,135 million to $1,285 million.

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Oil & Gas 360º

MARCH 10, 2025

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production.

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NGT News

AUGUST 12, 2020

million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. ExxonMobil has signed an agreement with Global Clean Energy Holdings, a developer of sustainable, non-food energy crops for use in biofuels, to purchase 2.5

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Iraq Business News: Oil & Gas

FEBRUARY 17, 2025

Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. Achieving self-sufficiency in diesel and kerosene production. Covering 80% of gasoline demand, reducing imports.

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Egypt Oil & Gas

MARCH 6, 2025

Kazakhstan has increased in February its crude oil and gas condensate production by 13% to a record of 2.12 million barrels per day (bbl/d), exceeding its quota within the OPEC+ group of oil producers, as Reuters reported. Excluding gas condensate, Kazakhstan’s crude oil production surged by 15.5% from January to 1.83

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BOE Report

MARCH 11, 2025

Here are the latest oil and gas job postings courtesy BOE Report Jobs. To search and filter all the latest jobs, visit the BOE Report job board. All job listings are free to post for companies. Sign up to create an account to post jobs; its simple and easy to use. Posting Date Job Title [Read more]

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Energy Central

MARCH 11, 2024

It's no secret that oil and gas is a boom-and-bust industry, and with production projected to increase to 13.7 million barrels a day in 2024, it's currently on the up. But this won't last forever.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

million barrels (80,200 barrels per day) up 23 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. Production in 4Q in Midland Basin was 4,957,000 barrels of oil (53,900 b/d).

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Rigzone: News

FEBRUARY 18, 2025

BP expects an additional production of 220 billion cubic feet of natural gas and seven million barrels of condensate.

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Rigzone: News

JANUARY 20, 2025

Talos said it expects production in line with pre-drill estimates of approximately 15 to 20 thousand barrels of oil equivalent per day (MBoepd) gross.

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The Energy Law

MARCH 15, 2023

The lessees owned working interests in certain oil and gas leases that were executed in 2007. Sheppard , — S.W.3d 20-0904, 2023 WL 2438927 (Tex. The leases contained the following royalty provisions: 3. The lessees did not add that eighteen dollars back to the lessors’ royalty base.

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Rextag

DECEMBER 18, 2024

As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally.

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Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. Read m o re US oil and gas rig count hits highest since June, says Baker Hughes Summary : U.S.

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Barrel Energy Energy Oil 52

Exprodat

JULY 25, 2024

Exprodat , the energy sector GIS specialist and Getech Group company, has released a new version of its popular Unconventionals Analyst software, which is used by petroleum operators and financial institutions to manage shale oil and gas projects and investments. At version 3.2, ” To learn more about Unconventionals Analyst v3.2,

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Egypt Oil & Gas

MARCH 11, 2025

The Minister of Energy of Indonesia Bahlil Lahadalia announced that the country is to build oil refineries on several of its islands, including Kalimantan and Sulawesi, with a total capacity of 1 million barrels per day (mmbbl/d) increasing from 500,000 b/d, Reuters reported.

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Coolfire Core

OCTOBER 15, 2019

Low-power sensors already help monitor oil and gas operations, but the true benefit of this real-time visibility will lie in data-driven decision-making throughout the supply chain. This IoT tech is capable of gathering, transmitting, and utilizing data and its already making waves in the oil and gas industry.

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Permian Basin Oil and Gas Magazine

MARCH 11, 2025

BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine. Maryann Mannen, president and CEO, said Feb.

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Reporting Oil and Gas

NOVEMBER 28, 2023

million barrels, according to Finance Minister Ken Ofori-Atta. This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields. million barrels, the TEN field produced 5.02 million barrels.

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Oil Gas Leads

MARCH 4, 2025

oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. Energy Market Trends: Prices on the Rise Crude oil and natural gas prices saw notable increases in Q4. per barrel , marking a 5.2% per barrel , marking a 5.2%

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Energy Central

MAY 6, 2024

million barrels per day (BPD). Last year marked a record for U.S. oil production with an average daily production of 12.93 That record was 5% greater than the previous record of 12.31 million bpd set in 2019. However, current data from the Energy Information Administration (EIA) shows that average daily production thus far in 2024 is 13.12

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Iraq Business News: Oil & Gas

FEBRUARY 26, 2025

Total exports of crude oil: 103,343,193 barrels. Exports from the oil fields in central and southern Iraq amounted to 102,310,248 barrels. Exports to Jordan amounted to 309,980 barrels. Exports from Qayyarah were 722,965 barrels. This continues the practice of delayed or missing oil export data from the Ministry.

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The Energy Law

NOVEMBER 1, 2013

By Jillian Marullo House Bill 2767, which took effect on September 1, 2013, was enacted to encourage recycling of the wastewater produced in hydraulic fracturing (or “fracking”) and other oil and gas operations. On average, over 83,000 barrels (or 3.5 On average, over 83,000 barrels (or 3.5 In 2011, 3.5

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Permian Basin Oil and Gas Magazine

MARCH 7, 2025

Fourth quarter production was 171,300 barrels of oil per day (368,400 boed). The company also announced the divestiture of its Barilla Draw natural gas and oil gathering systems for $180 million. The post Permian Resources plans to increase production in 2025 by 8 percent appeared first on Permian Basin Oil and Gas Magazine.

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Rextag

DECEMBER 23, 2024

At Rextag, we couldnt think of a better gift for our readers than a look back at the deals that shaped the oil and gas industry this year. So, while you sip your cocoa and enjoy the holiday glow, lets dive into the most impactful oil and gas deals of the yearcomplete with a festive bow and a little extra surprise at the end.

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Oil Gas Leads

MARCH 10, 2025

oil and gas industry saw a slight dip in drilling activity last week, as Baker Hughes reported a one-rig decline , bringing the total national rig count to 592. While the decrease was minimal, it reflects broader industry trends influenced by oil and gas prices, production strategies, and market conditions. March 10, 2025 The U.S.

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Oil Gas Leads

MARCH 11, 2025

oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. .”

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Global Energy

OCTOBER 21, 2016

to 4 million barrels per day by […] Iran is said to be targeting an increase in oil production from 3.85

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