• Home >
  • Back Issues >
  • Oil & Gas Journal >
  • Volume 123, Issue 3

    • Volume 123, Issue 3

    May/June 2025 | ConocoPhillips Co. holds roughly 792,000 unconventional net acres in Delaware basin. Development activity targets Avalon, Bone Springs, and Wolfcamp formations. In 2024, the company operated 10 rigs and two frac crews on average, resulting in 166 operated wells drilled and 151 operated wells brought online.

    More content from Volume 123, Issue 3

    June 10, 2025
    ExxonMobil Corp. will invest in developing Nigeria’s Usan deepwater oil field, said the Nigerian Upstream Petroleum Regulatory Commission in a May 6 release. ExxonMobil ...
    June 10, 2025
    Executives of Devon Energy Corp., Oklahoma City, have raised their forecast for 2025 oil production by 1% after a better-than-expected first quarter but said they will cut the...
    World oil market at a glance (Fig. 1)
    June 10, 2025
    After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest level in 4 years.
    June 10, 2025
    ExxonMobil drilled 4-mile lateral wells in the Permian basin which extended to 33,000-ft MD. Well completions consisted of plug and perf fracturing with a mixture of about 70 ...
    Photo from Northwind.
    Northwind Permian system (Fig 1).
    June 10, 2025
    In addition to providing a background and overview of Northwind’s current operations, this article examines the operator’s newly launched plans to further meet steadily accelerating...
    June 10, 2025
    A consortium of operators produced simulation models from Delaware basin, Midland basin, and Bakken datasets to determine the effects of proppant distributions, far-field depletion...
    © Endeavor Business Media
    Permian Natural Gas Pipelines (Fig. 1)
    June 10, 2025
    A contraction in associated gas supplies would be good news for gas-focused drillers—boosting Waha hub prices away from the negative territory into which they’ve repeatedly dropped...