Cenovus ups 2021 oil production and spending forecast after Husky deal

Canada's Cenovus Energy Inc (CVE.TO) on Thursday forecast higher production and spending for 2021 after its purchase of rival ...
Oil

EIA: Stable oil, natural gas production from US Gulf of Mexico expected through 2026

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 ...

Canadian oil producer Suncor forecasts higher annual production, spending

Suncor Energy Inc on Monday forecast higher production and spending targets for fiscal year 2021, as the Canadian oil and gas ...
Yahoo

Oil and Gas Forecast for New Mexico’s San Juan Basin: Going, Going…

A pumpjack operates north of Carlsbad, NM. A New Mexico Environment Department air quality monitoring station in Carlsbad recorded ozone levels that could lead to the region being declared an ozone ...
Crude Oil Prices

U.S. Offshore Oil Production Set To Jump

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 ...