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 ...

Key opportunities in the oil and gas wells drilling services market include the rise in digitalization, automation, and ...

Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...

EIA and BOEM: Gulf of Mexico’s output is projected to rise from 1.8 million barrels per day (bpd) to 2.4 million bpd by 2027. Recent BOEM assessments estimate the Gulf holds 29.59 billion barrels of ...

The September 2025 STEO shows a slight increase in the forecast for U.S. crude oil production compared to the August 2025 outlook. For 2025, the forecast was raised by 0.3% to 13.44 million barrels ...

COPENHAGEN, May 20 (Reuters) - Norway's combined oil and gas production exceeded an official forecast by 1.2% in April, even though it declined slightly year-on-year, the Norwegian Offshore ...

OSLO, July 22 (Reuters) - Norway's combined oil and gas production exceeded an official forecast by 2.3% in June, the Norwegian Offshore Directorate (NOD) said on Tuesday. Norway is Europe's largest ...

The U.S. Energy Information Administration released its short-term energy outlook this week, predicting that oil prices will continue to slide into next year. Brent crude, which averaged $71 per ...