Barrel, Natural Gas and Offshore

Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project

OilPrice

MARCH 11, 2025

ExxonMobils eighth oil project offshore Guyana will also be the biggest natural gas development of the Exxon-led consortium in the prolific Stabroek Block. Exxon and its partners in Guyanas oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5

Natural Gas

Natural Gas Oil Gas Condensate

Exxon bets big on natural gas in its eighth Guyana oil project

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. Longtail, which will include the Longtail, Tripletail, and Turbot discoveries, will be the consortiums eighth project offshore the South American country.

Natural Gas

Natural Gas Oil Gas IT

BP Starts Production at Raven Phase 2 Offshore Egypt

Rigzone: News

FEBRUARY 18, 2025

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

Condensate

Condensate Offshore Natural Gas Barrel

African national oil companies (NOCs) partnering with independents to drive E&P

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). The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

E&P

E&P Oil Exploration and Production Basin

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

MARCH 10, 2025

Offshore drilling activity increased , with the rig count rising by one to 14. rig count is down by 30 rigs (-5%) , which includes declines of 18 oil rigs and 14 gas rigs. million barrels per day (bpd) in 2024 to around 13.6 natural gas production is forecasted to reach 104.6 million bpd in 2025. bcfd in 2024.

Oil

Oil Engineering Engineer Gas

BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Rextag

MARCH 3, 2025

Key Changes in BPs Energy Strategy BPs revised energy strategy involves several significant adjustments, including: Increased Investment in Oil and Gas BP will now allocate $10 billion annually to oil and gas projects, up 20% from previous plans. The company aims to boost daily oil and gas production to between 2.3

Oil

Oil Gas Energy Energy

Gulf Oil Operators Chevron, BP, Equinor, Shell Brace as Tropical Storm Rafael Threatens Production

Rextag

NOVEMBER 6, 2024

BP, Chevron, Equinor, and Shell are evacuating offshore staff and preparing for potential impacts on their platforms, an all-too-familiar ritual for Gulf operators this year. million barrels of oil and 6.39 billion cubic feet of natural gas production per day, according to Earth Science Associates.

Operator

Operator Oil Natural Gas Barrel

U.S. House of Representatives Passes Energy Bill

The Energy Law

SEPTEMBER 23, 2008

Further, this section directs FERC with the Secretaries of Energy, Transportation and Interior to “facilitate the.the construction of pipelines necessary to transport oil and natural gas through NPRA to existing transportation of processing infrastructure on the North Slope of Alaska.”

Royalty

Royalty Energy Energy Offshore

Nigeria Oil Industry Overview

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. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s.

Oil

Oil Royalty Exploration and Production Government

Profits or Planet? BP’s ‘New Beginning’: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

FEBRUARY 13, 2025

Focused capital on high-return hydrocarbon ventures such as Kaskida in the Gulf of America (aiming for 80,000 barrels of oil per day by 2029) and Tangguh UCC in Indonesia (the countrys first at-scale enhanced gas recovery with CCUS). Renewable Natural Gas (RNG) : Archaea Energy started up nine new RNG plants in the U.S.,

Oil

Oil Gas Exploration and Production IT

Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Rextag

OCTOBER 31, 2024

Earnings per share plummeted to $2.25, and the decline was largely due to a 14% dip in crude realisations and a spine-tingling 60% decrease in natural gas realisations. Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana.

Oil

Oil Midstream IT Natural Gas

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

Infrastructure and Market Adjustments Infrastructure limitations, particularly in natural gas takeaway capacity, have been a key bottleneck for Permian growth in previous years. Natural Gas Production: 25.8 offshore oil production, accounting for around 15% of total domestic crude output. MMBbl/d , a 0.3

Basin

Basin Oil Gas Exploration and Production

Energy Aggregated

Exxon Bets Big on Natural Gas in Its Eighth Guyana Oil Project

Exxon bets big on natural gas in its eighth Guyana oil project

Trending Sources

BP Starts Production at Raven Phase 2 Offshore Egypt

African national oil companies (NOCs) partnering with independents to drive E&P

U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

BP’s Big U-Turn: Why Is the Energy Giant Returning to Oil and Gas? Shell, Equinor, and Exxon Are Making the Same

Gulf Oil Operators Chevron, BP, Equinor, Shell Brace as Tropical Storm Rafael Threatens Production

U.S. House of Representatives Passes Energy Bill

Nigeria Oil Industry Overview

Profits or Planet? BP’s ‘New Beginning’: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

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