MariEnergies discovers oil at Shawal-1 exploration well in Pakistan
(World Oil)- MariEnergies has announced an oil discovery at its Shawal-1 exploration well, located within the Mari Development and Production Lease (Mari D&PL) in Sindh Province, Pakistan. The company operates the block with a
MariEnergies discovers oil at Shawal-1 exploration well in Pakistan
(World Oil)- MariEnergies has announced an oil discovery at its Shawal-1 exploration well, located within the Mari Development and Production Lease (Mari D&PL) in Sindh Province, Pakistan. The company operates the block with a 100% working interest. The Shawal-1 well
Halliburton beats quarterly profit estimates on steady North America drilling demand
(BOE Report)– Halliburton beat Wall Street estimates for third-quarter profit on Tuesday,
Oil and gas research council recommends funding for EOR projects
North Dakota Petroleum Council – The North Dakota Oil & Gas Research Council
Oil rises in choppy trade as investors focus on supply signals
(Investing.com)– Oil prices steadied on Tuesday on easing concerns about an oversupplied
Halliburton beats quarterly profit estimates on steady North America drilling demand
(BOE Report)– Halliburton beat Wall Street estimates for third-quarter profit on Tuesday, helped by steady demand for its oilfield equipment and services in North America. Quarterly revenue from its North America segment was $2.4 billion, flat from a year earlier,
Oil and gas research council recommends funding for EOR projects
North Dakota Petroleum Council – The North Dakota Oil & Gas Research Council met on Friday, October 17, 2025, and has recommended approving $45 million for North Dakota Enhanced Oil Recovery (EOR) pilot projects that could unlock billions of barrels in
Oil rises in choppy trade as investors focus on supply signals
(Investing.com)– Oil prices steadied on Tuesday on easing concerns about an oversupplied market and the trade dispute between the U.S. and China, the world’s top two oil consumers. Brent crude futures were up 7 cents, or 0.11%, at $61.08 a barrel
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 3.5 million barrels
Weekly Crude Oil Storage as of October 10, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 3.5 million barrels from the previous week. At 423.8 million barrels, U.S. crude oil inventories are 4%
Weekly Gas Storage: Inventories increase by 80 Bcf
Natural Gas Inventories as of October 10, 2025 The EIA has released its natural gas inventory report, showing a net increase of 80 Bcf as of October 10, 2025. Working gas in storage was 3,721 Bcf as of Friday, October
U.S. rig count increased by 1 is at 548
This week’s Baker Hughes Rig Count shows that the U.S. increased by 1 last week, resulting in a total count of 548 rigs. Canada had an increase of 5 over last week, resulting in a total Canadian count of 198
