Remove BBL Remove Completion Remove Natural Gas
article thumbnail

Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Rextag

Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025. oil production, is advancing in maturity, requiring operators to refine drilling and completion techniques. Currently, at $2.75/MMBtu,

Oil 40
article thumbnail

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360Âş

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. The Board of Directors will consist of eleven members, made up of seven directors from Whitecap and four directors from Veren.

Energy 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Whitecap Resources 2025 Outlook: Efficiency Gains Drive Sustainable Growth

Oil Gas Leads

share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x Musreau 05-09 Battery: Completed 10% below budget and ahead of schedule. billion Funds Flow: $1.65 billion ($2.81/share)

article thumbnail

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

Rextag

In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 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

Basin 40