| | | | | | The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd in 2026. |
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| | | | Sponsored | | The American Petroleum Institute (API) is pleased to announce the publication of an Addendum to the 11th edition of the API 5CT, Casing and Tubing. This update strengthens the requirements for the manufacture of steel casing and tubing used in oil and gas drilling and production operations, enhancing safety, environmental protection and operational integrity. |
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| | | The approved plan totals $57.74 million over the first 3 years, including $13.96 million in surface infrastructure and $43.78 million for drilling and development operations. |
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| | | The agreement, which builds on a memorandum of understanding signed in April, is a step toward a final investment decision that could be finalized by yearend, said YPF CEO Horacio Marín. |
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| | | The total rig count in North America is down 64 rigs from the same time last year. |
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| | | | Oil & Gas Journal’s Breakfast Series returns June 17, 2025, with a midyear look at the global LNG market. |
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| | | | Sponsored | | Researchers at UT used a shrink sleeve and Master Bond EP30QF epoxy to seal geological core samples for MICP testing. This setup allowed them to accurately measure porosity and capillary pressure to characterize pore structures in hydrocarbon reservoirs. Read this case study to learn how the high compressive strength of EP30QF allowed for sealing core samples under high-pressure MICP conditions. |
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| | | The Kavango West 1X well, the second test in the Damara Fold Belt play, will be drilled to a planned total depth of about 3,800 m targeting the thick Otavi carbonate reservoir section. |
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| | | Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as well. Upward momentum came in the form of perceived trade talks progress between the US and China as well as stalled headway in key geopolitical negotiations. |
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