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1 day ago · Oil & Gas Journal provides its audience of industry executives, managers, and engineers with operations-focused news across the upstream, midstream, and downstream segments.
EIA reduces crude oil price forecast through end-2025 on lower …
Oct 8, 2024 · In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% to 11.3 million b/d.
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The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events ...
OGJ survey shows global oil reserves increase while natural gas ...
Dec 10, 2024 · By January 2024, New Zealand's remaining reserves were estimated at 38.3 million bbl of crude oil and condensate, 965,000 tons of LPG, and 1036.9 bcf of natural gas.
29th World Gas Conference (WGC2025) | Oil & Gas Journal
The World Gas Conference, conducted by the International Gas Union (IGU) since 1931, stands as the world’s premier event in the gas and energy industry.
TotalEnergies takes FID for first oil development in Block 58, …
Oct 1, 2024 · Total investment is estimated at $10.5 billion and first oil is expected in 2028. TotalEnergies is the operator of Block 58 with a 50% interest, alongside APA Corp. (50%).
EOG to ramp Ohio Utica activity by 50% next year
Nov 8, 2024 · EOG Resources Inc., Houston, guided to fourth-quarter crude production volumes in line with those of the 3 months ended Sept. 30, but said natural gas production should tick up about 5%.
US rig count inches up, Canada rig count drops | Oil & Gas Journal
Oct 11, 2024 · The active rig count in the US was up a single unit to 586 for the week ended Oct. 11, according to Baker Hughes data. US oil-directed rigs increased by 2 units to 481 for the week, down 20 units ...
Chesapeake to rebrand as Expand Energy upon close of …
Sep 26, 2024 · Chesapeake Energy Corp., Oklahoma City, Okla., will rebrand as Expand Energy Corp. following the closing of its merger with Southwestern Energy Co., expected in the first week of October.
EIA: Oil prices to average $79/bbl in 2025 | Oil & Gas Journal
Jan 9, 2024 · The US Energy Information Administration (EIA) predicted in the January 2024 Short-term Energy Outlook (STEO) that Brent crude oil prices will average $82/bbl in 2024, roughly the same as in 2023 ...