Remove Completion Remove Field Remove Finance
article thumbnail

The Great Energy Debate: Why the IEA's Peak Oil Forecast Might Be Completely Wrong - 23 Wrong Assumptions

Rextag

3) The IEA Relies on Unrealistic Energy Transition Financing The IEA assumes massive clean energy investments despite historical failures to meet even modest climate finance goals. The IEA underestimates how quickly existing oil fields are declining, leading to overly optimistic supply forecasts. The IEA forecasts $4.5

Oil 40
article thumbnail

Natural Gas Making an Impact Through Statewide Projects

Marcellus Shale Coalition

Funded entirely by Pennsylvanias impact tax on natural gas development, the Commonwealth Financing Authority (CFA) is awarding $16 million in grants to fund 148 new projects across the state, Governor Josh Shapiro recently announced. I thank the Commonwealth Financing Authority and state Sen. What Theyre Saying Senator Anthony H.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Oil Review Middle East - Untitled Article

Oil Review Middle East

The Marjan and Berri increments are expected to be onstream in 2025, with the Zuluf field increment scheduled to follow in 2026 and the second phase of Dammam in 2027. Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two.

article thumbnail

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

Oil & Gas 360º

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.

Energy 130
article thumbnail

The Value of This LARGE SCALE Gold Deposit Is Getting Ready to Jump

Oil and Gas Investments

This big, blue-blood gold asset was almost completely forgotten by the marketleaving lots of leverage. Goldshore has spent over $65 million on the deposit with 235,000 total meters of drilling completed by all owners to make this a BIG gold asset. million financing in Goldshore. million in total were exercised, which added CA$4.9

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. While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source. Malo fields , increasing ultra-deepwater oil recovery in the Gulf.

Basin 40