Mach Natural Resources grows production, boosts efficiency with Permian and San Juan assets
(World Oil)– Mach Natural Resources LP reported steady third-quarter 2025 results, highlighting production growth, new well success, and disciplined capital spending. The company averaged 94,000 boed, generated $273 million in total revenue, and reported
Mach Natural Resources grows production, boosts efficiency with Permian and San Juan assets
(World Oil)– Mach Natural Resources LP reported steady third-quarter 2025 results, highlighting production growth, new well success, and disciplined capital spending. The company averaged 94,000 boed, generated $273 million in total revenue, and reported Adjusted EBITDA of $124 million for
Petrobras hikes dividend as production surge offsets lower oil prices
(Oil Price)– Petrobras will be paying higher dividends for the third quarter
Civitas Resources boosts production, lowers costs ahead of SM Energy merger
(World Oil)– Civitas Resources Inc. reported strong financial and operating results for
Exxon Mobil CEO says hydrocarbons will remain critical for long time
(BOE Report)– Hydrocarbons will continue to play a critical role for a
Petrobras hikes dividend as production surge offsets lower oil prices
(Oil Price)– Petrobras will be paying higher dividends for the third quarter compared to the second quarter as production and earnings jumped sequentially, the Brazilian state-owned oil giant said. Petrobras booked a net income of $6 billion for the third quarter, up
Civitas Resources boosts production, lowers costs ahead of SM Energy merger
(World Oil)– Civitas Resources Inc. reported strong financial and operating results for the third quarter of 2025, driven by higher production, lower costs, and continued balance sheet strength. The company earned net income of $177 million, generated $860 million in
Exxon Mobil CEO says hydrocarbons will remain critical for long time
(BOE Report)– Hydrocarbons will continue to play a critical role for a long time to come, the CEO of U.S. energy company Exxon Mobil said on Friday, adding that the question would be whether they continue to be burned as fuel.
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 5.2 million barrels
Weekly Crude Oil Storage as of October 31, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 5.2 million barrels from the previous week. At 421.2 million barrels, U.S. crude oil inventories are 4%
Weekly Gas Storage: Inventories increase by 33 Bcf
Natural Gas Inventories as of October 31, 2025 The EIA has released its natural gas inventory report, showing a net increase of 33 Bcf as of October 31, 2025. Working gas in storage was 3,915 Bcf as of Friday, October
U.S. rig count increased by 2 is at 548
This week’s Baker Hughes Rig Count shows that the U.S. increased by 2 last week, resulting in a total count of 548 rigs. Canada had an increase of 4 over last week, resulting in a total Canadian count of 191
