Friday, August 29, 2025

Permian News: Lilis Energy Delineating Bench that is Shallower with Lower Drilling Costs 

Lilis’s Tiger #3H IP-24s above 1,800 BOEPD in 3rd Bone Spring Permian-focused Lilis Energy (stock ticker: LLEX) said its Tiger #3H well has reached the 24-hour initial production rate of 1,821 BOEPD. Tiger #3H – 3rd Bone Spring Highlights: IP 24 rate of 1,821 BOEPD, including 801 BOPD (63% liquids, 44% oil), on a three-stream basis, equivalent to 239 BOEPD per 1,000 ft.

The Shale Boom in the Permian Is Slowing Down - 360

Lower Sulphur in Oil Rule will Cost $1 Trillion over 5 Years and Increase Demand for U.S. Sweet Crude

From Gulf News Jet fuel, diesel, gasoline to cost more as new rule requires lower sulphur content in oil Dubai — The International Maritime Organisation (IMO) specification change, which needs lower sulphur content in marine fuel oil, will lead to more demand for US sweet crude (benchmark Western Texas Intermediate) compared to heavy sour crude, resulting in cost increases of