New Oil Discovery In Texas 2025 News. Contango Has A New Oil Discovery In South Texas Contango Oil & Gas Company (NYSEMKTMCF They see activity that will have major implications for the industry — including the many companies based in and operating around Texas — in the coming year. The Trump administration on Friday approved plans for a second deepwater oil loading terminal off the Texas coast, opening another door for continued long-term growth in American crude production.
Mammoth oil discovery in Texas may be biggest ever CNN from edition.cnn.com
oil production as momentum fades on a phase-out of fossil fuels. However, there is no assurance that Recon's future exploration and development efforts will result in the discovery or development of commercial accumulations of oil and natural gas.
Mammoth oil discovery in Texas may be biggest ever CNN
The terminal continues an oil export infrastructure buildout that pushes growth in U.S "These ultra-high pressure fields are going to be a big driver for production growth in the Gulf of Mexico," Usoro added Even in this new environment, however, there have been surprises
Following new oil discovery in Gulf of Suez, three more wells on drilling agenda Offshore Energy. They see activity that will have major implications for the industry — including the many companies based in and operating around Texas — in the coming year. "These ultra-high pressure fields are going to be a big driver for production growth in the Gulf of Mexico," Usoro added
Following new oil discovery in Gulf of Suez, three more wells on drilling agenda Offshore Energy. Whilst Jazza or Korikori could still become the largest oil discovery of 2025, several hydrocarbon prospects are already out of the game, either hitting sub-commercial volumes of oil or not. However, there is no assurance that Recon's future exploration and development efforts will result in the discovery or development of commercial accumulations of oil and natural gas.