On costs and margins, Goodfellow said Q1 lease operating expenses were “approximately $16 per barrel of oil equivalent,” and described the “optimal performance plan” as “greater than 40% of the 2026 ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

WASHINGTON, DC - APRIL 08: U.S. President Donald Trump holds an executive orders after signing a series of orders on American energy production during a ceremony in the East Room of the ...

The U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2025 in its latest short term energy outlook. The U.S. Energy Information Administration (EIA) increased ...