News
December 12, 2025
The EIA expects U.S. crude production to edge down to 13.5 million bpd in 2026, ending four years of growth as lower prices and regional declines offset gains in the Permian.
News
December 11, 2025
Dana Gas has confirmed a significant 15–25 Bcf gas discovery at the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta. The find supports the company’s $100 million drilling program, with production expected to exceed 8 MMscf/d once tied into the national gas network.
News
December 09, 2025
Kistos has made its first move into the Middle East, agreeing to acquire onshore interests in Oman’s Blocks 9 and 3 & 4 in a $148-million deal with Mitsui. The transaction adds immediately cash-generative, liquids-weighted production and over 25 MMboe of net reserves.
News
December 08, 2025
Northern Oil and Gas and Infinity Natural Resources will jointly acquire premium Utica shale upstream and midstream assets for $1.2 billion, expanding NOG’s natural gas portfolio with long-life inventory, strong margins, and integrated infrastructure.
News
December 05, 2025
Chandler Engineering has introduced the 6700-M Mini Loop, a compact flow loop system engineered to deliver precise friction pressure testing for slickwater fracturing fluids, supporting laboratory and field optimization.
Article
November 2025
A modular containment system helps operators maintain production during return-to-pad drilling campaigns. 
News
December 03, 2025
Aramco has started gas production from the first phase of its Jafurah shale project, delivering 450 MMcfd as the company targets 2 Bcfd and major unconventional growth.
News
December 03, 2025
ReconAfrica has encountered 64 m of hydrocarbon pay at its Kavango West 1X well in Namibia’s onshore PEL 73. The company will conduct a production test in early 2026 to evaluate flow potential and advance the emerging Damara Fold Belt play.
News
December 02, 2025
Halliburton has appointed veteran oil and gas executive Timothy A. Leach to its board of directors, effective Dec. 2, 2025, adding one of the U.S. shale sector’s most recognizable leaders to the company’s governance team. Leach will stand for election at Halliburton’s 2026 annual shareholders meeting.
News
December 01, 2025
Argentina has reached its first long-term LNG sales agreement, marking a pivotal moment for Vaca Muerta’s gas ambitions. A producer consortium led by Pan American Energy will supply up to 2 MMtpa to Germany’s SEFE beginning in 2027.
News
November 26, 2025
Carlyle Group’s Jeff Currie says the massive surge in AI-related capital spending mirrors the shale industry’s pre-crash “growth at all costs” era, warning that Big Tech’s datacenter and chip investment boom is following the same debt-heavy playbook that once wiped out trillions in oil and gas equity.
News
November 17, 2025
Canada’s oil sands are seeing renewed growth as U.S. shale output plateaus, with production hitting record highs following the Trans Mountain pipeline expansion. Improved heavy-oil pricing and rising U.S. investor interest are driving a resurgence among major oil sands producers through 2030.
News
October 30, 2025
GD Energy Products has unveiled its new High Flow (HF) Series frac pumps — the GD 5000HF and GD 3600HF — designed to deliver up to 37% more flow per stroke, improved energy transfer, and reduced maintenance.
News
November 12, 2025
Vista Energy plans to nearly double shale output in Argentina by 2030 as President Javier Milei advances sweeping reforms to boost investment and competitiveness in the Vaca Muerta basin. CEO Miguel Galuccio said tax and labor changes could unlock major gains for Argentina’s growing shale sector.
News
November 07, 2025
Mach Natural Resources reported third-quarter production of 94,000 boed and $273 million in revenue, supported by new wells in the Deep Anadarko and Mancos shale plays. The company also reduced its 2026 drilling and completion budget by 18%.
News
November 06, 2025
U.S. shale producers are increasing output despite $60 oil, leveraging drilling efficiencies and lower break-even costs to sustain record production.
News
November 05, 2025
IOG Resources II has acquired producing non-operated natural gas assets in Pennsylvania’s Appalachian basin from an undisclosed seller. Operated by Seneca Resources, the assets currently produce about 19 MMcf/d.
News
November 05, 2025
The UAE, long one of OPEC’s key oil producers, is pivoting to U.S.-tested fracing techniques to tap its “very promising” unconventional gas resources, with the intention of ramping up output amid forecasts for surging demand.
News
October 31, 2025
Dana Gas and Crescent Petroleum have completed the $1.1 billion KM250 expansion at Iraq’s Khor Mor field eight months early, adding 250 MMscf/d of new processing capacity and strengthening power generation across the Kurdistan region.
News
October 31, 2025
Delta Sands LLC announced plans to construct a new 3-million-ton-per-year wet sand processing facility in East Texas to meet rising demand for high-quality in-basin proppant across the Western Haynesville Shale.
News
October 23, 2025
Japan’s JERA is expanding its U.S. upstream presence with a $1.5 billion acquisition in Louisiana’s Haynesville shale. The South Mansfield asset, producing 500 MMcf/d, positions JERA to double output to 1 Bcf/d and strengthen its global LNG value chain.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.