Post Tagged with: "record production"

U.S. oil production to hit record amidst declining costs, drilling efficiencies, Macquarie predicts

U.S. oil production to hit record amidst declining costs, drilling efficiencies, Macquarie predicts

World Oil


(Bloomberg) – U.S. oil production is set to end the year at a record pace of about 14 MMbpd as falling costs and improved drilling efficiency overshadow subdued growth plans from publicly listed companies, Macquarie Group Ltd. analysts …

Source: Canadian Natural Resources

Canadian Natural Resources lifts dividend after posting record production

Oil Price


Canadian Natural Resources (NYSE: CNQ) is raising its quarterly dividend as it posted consensus-beating earnings for Q4, driven by record-high oil and natural gas production last year.

Canadian Natural Resources, the biggest oil and gas producer …

NuVista Energy Ltd. announces record production and positive second quarter 2023 financial and operating results

NuVista Energy Ltd. announces record production and positive second quarter 2023 financial and operating results

BOE Report


Publisher’s Note: NuVista Energy will be presenting at EnerCom Denver- The Energy Investment Conference next week on Tuesday August 15, 2023. You can still register to attend and qualified investors can still schedule one-on-one meetings with the management

Source: World Oil

U.S. sees record oil production next year moving even higher

World Oil


(Bloomberg) — U.S. oil production will grow even more than the government previously expected as a scorching price rally drives producers to boost drilling.

Oil output will average 12.6 million barrels a day in 2023, an increase from …

Daily Dry Gas Production for March Sets 45-Year Record

Daily Dry Gas Production for March Sets 45-Year Record

According to the EIA, March 2018 marked the tenth consecutive month of increased production of dry natural gas. The average daily rate of dry natural gas production in March 2018 was also at an historic high at 79.6 BcF/ day. …