Production
News
July 03, 2025
Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for the group in the country.
News
July 01, 2025
Momentary price spikes aside, the recent conflict and now uneasy ceasefire between Israel and Iran has done little to alter the trajectory of global oil markets, according to a new analysis by S&P Global Commodity Insights.
News
June 30, 2025
Total U.S. liquids production managed a record-high of 20.83 million bpd in April, up roughly 50,000 barrels from the previous month, according to the Energy Information Administration's latest Petroleum Supply Monthly report released on Monday.
Article
June 2025
An innovative gas processor combines multiple technologies into a single unit, to increase the gas handling efficiency of ESPs in unconventional wells.
Article
June 2025
The authors discuss how advanced electric submersible plunger pump (ESPP) solutions—featuring permanent magnet motors (PMMs) and linear PMM technologies—are tackling industry challenges, enhancing production across diverse applications, and supporting global sustainability objectives.
News
June 25, 2025
Enverus has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Continental Resources remains in the top position, with Mewbourne Oil and Aethon Energy taking second and third place, according to Enverus.
Article
June 2025
Within oil production, inhibitors—including wax depositions, hard scale, and corrosion—provide operators with challenging obstacles to consider and overcome. To maximize production, several techniques and solutions are available to optimize flow efficiency within a pipeline or wellbore.
News
June 20, 2025
Danos has secured a contract renewal with Eni to provide production labor for its Gulf of America/Gulf of Mexico assets. The agreement includes approximately 50 offshore positions, such as production operators, instrumentation and electrical technicians, mechanics and electricians.
News
June 20, 2025
Ivory Coast expects its oil output to increase more than fivefold in the next decade, boosted by recent discoveries and the start of production at two offshore fields. "By 2035, crude-oil production is expected to reach at least 500,000 bpd," said the Minister of Petroleum.
News
June 12, 2025
FourPhase has entered into an agreement with Shell Trinidad and Tobago that will involve sand management and production optimization for Shell Trinidad & Tobago on its topside offshore oil and gas platforms in the Caribbean.
News
June 10, 2025
U.S. oil output is now expected to slip to 13.37 million bpd in 2026 from about 13.42 million bpd from 2025, according to the Energy Information Administration’s Short-Term Energy Outlook released Tuesday.
News
June 02, 2025
Oil climbed after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and Iran. WTI neared $63 a barrel after the Organization of the Petroleum Exporting Countries and its allies met on Saturday.
News
June 02, 2025
Baker Hughes and Cactus, a global manufacturer of pressure control equipment for oil and gas drilling, have entered a new joint venture involving Baker Hughes' surface pressure control (SPC) product line. Cactus will own 65% of the JV, while Baker Hughes will retain a 35% stake.
News
May 30, 2025
Officials say the supply hikes reflect Saudi Arabia’s desire to punish over-producing members like Kazakhstan and Iraq, recoup market share lost to U.S. shale drillers and other rivals, and satisfy U.S. President Trump’s desire for cheaper oil.
News
May 30, 2025
Canadian wildfires have prompted evacuations from oil sands projects in northern Alberta and forced thousands of people from their homes. A fire near Cold Lake, Alberta is bearing down on oil sands operations and curtailing production in the region as employees are told to leave.
Article
May 2025
Since 1929, the Independent Petroleum Association of America has represented independent producers’ interests at the federal level. This year offers/promises a new, more operator-friendly regulatory environment in Washington, D.C., that will be discussed/examined at the association’s Annual Meeting, which has shifted to a new time of the year
News
May 29, 2025
Kazakhstan said it can’t cut oil production and even hopes to increase output beyond planned levels later this year, deepening a stand-off with OPEC+ before the group meets this weekend.
News
May 29, 2025
Zephyr Energy has announced initial post-well evaluation results at its flagship project in Utah's Paradox basin. “The Cane Creek reservoir is highly productive and potentially ranks alongside some of the most productive oil and gas plays in the U.S," said CEO Colin Harrington.
News
May 28, 2025
Several delegates said they expect the Organization of the Petroleum Exporting Countries and its partners to leave unchanged their longer-term targets for 2025 and 2026, which underpin its current supply restraints.
