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DUC Hunt: What the 2025 drawdown means

EIA discrepancy could impact production forecasts and capital efficiency CALGARY, Alberta (Feb. 12, 2025) — Enverus Intelligence® Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing a report that analyzes recent inventories of drilling uncompleted wells (DUCs) and the implications for 2025 budgets. …

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Evolution Petroleum Reports Fiscal Second Quarter 2025 Results and Declares Quarterly Cash Dividend for Fiscal Third Quarter

– Fiscal Q2 Production Up 10% Y/Y to 6,935 Average BOEPD – – Declares Quarterly Dividend of $0.12 for Fiscal Third Quarter 2025 – HOUSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) — Evolution Petroleum Corporation (NYSE American: EPM) (“Evolution” or the “Company”) today announced its financial and operating results for its fiscal second quarter ended December …

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CW Petroleum Corp (OTCQB: CWPE) Reports Revenues for Q4-2024, Year-End

Katy, Texas, Feb. 11, 2025 (GLOBE NEWSWIRE) — CW Petroleum Corp (OTCQB: CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announces to its investors and future investors unaudited financial results for the fourth quarter ended December 31, 2024, Year-End 2024. Key Financial Highlights for Three Months Ended December 31, …

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Entergy Texas partners with Kinder Morgan, Golden Pass LNG to fuel Southeast Texas growth

Fuel supply agreement strengthens reliability, lowers costs, and powers growth THE WOODLANDS, Texas, Feb. 11, 2025 /PRNewswire/ — Entergy Texas reached a landmark transportation agreement with Kinder Morgan to secure natural gas supply, supporting the rapid industrial, commercial and residential growth in the region. The arrangement, which was developed in collaboration with Golden Pass LNG, is …

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Plains All American Reports Fourth-Quarter and Full-Year 2024 Results; Provides Update on Efficient Growth Initiatives and Announces 2025 Guidance

HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported fourth-quarter and full-year 2024 results, announced 2025 guidance and provided the following highlights: 2024 Results Fourth-quarter and full-year 2024 Net income attributable to PAA of $36 million and $772 million, respectively, and 2024 Net …

Plains All American Reports Fourth-Quarter and Full-Year 2024 Results; Provides Update on Efficient Growth Initiatives and Announces 2025 Guidance Read More »

ConocoPhillips Reports Fourth-Quarter and Full-Year 2024 Results; Announces 2025 Guidance and Quarterly Dividend

Completed the acquisition of Marathon Oil, adding high-quality, low cost of supply inventory adjacent to the company’s leading U.S. unconventional position. Reported fourth-quarter 2024 earnings per share of $1.90 and adjusted earnings per share of $1.98. Delivered 2024 preliminary reserve replacement ratio of 244% and preliminary organic reserve replacement ratio of 123%. Announced planned 2025 return …

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VAALCO Energy, Inc. Announces Significant Milestone in Its Côte D’Ivoire FPSO Dry Dock Refurbishment Project

HOUSTON, Feb. 03, 2025 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“Vaalco” or the “Company”) is pleased to announce a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (“FPSO”) Dry Dock Refurbishment Project. In alignment with the project timeline, the FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources …

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Baker Hughes and Hanwha Announce Partnership to Develop Small-Size Ammonia Turbines

  Agreement to focus on creation of 100% ammonia combustion dual fuel with natural gas small-size turbines Ammonia is a low-carbon fuel that can play a critical role in decarbonizing hard-to-abate sector, including marine transportation Collaboration to deliver efficiency comparable to reciprocating engines while minimizing carbon emissions FLORENCE, Italy, Feb. 03, 2025 (GLOBE NEWSWIRE) — …

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Phillips 66 Reports Fourth-Quarter Results and Announces Next Phase of Strategic Initiatives

Fourth Quarter Reported fourth-quarter earnings of $8 million or $0.01 per share; adjusted loss of $61 million or $0.15 per share Earnings impacted by $230 million pre-tax of accelerated depreciation related to Los Angeles Refinery Returned $1.1 billion to shareholders through dividends and share repurchases Record NGL fractionation and LPG export volumes in Midstream Record …

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Ovintiv Announces Closing of Montney Asset Acquisition

DENVER, Jan. 31, 2025 /PRNewswire/ – Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (“Ovintiv” or the “Company”) today closed the previously announced acquisition of certain Montney assets from Paramount Resources Ltd. The acquisition adds approximately 70 thousand barrels of oil equivalent per day (“MBOE/d”) of production, 900 net 10,000 foot equivalent well locations, and approximately 109,000 net acres of land, …

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