Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Last year exports averaged about 811,000 b/d after more than 1,000,000 b/d in 2023. And processing across Pemexs seven local refineries (nothing from its new Olmeca refinery in Dos Bocas with capacity of 340,000 b/d) was 886,787 b/d in January down seven percent from last year. Sales to U.S.

Crude Oil 52

Crude Oil Oil Refinery Condensate 52

Valor

FEBRUARY 24, 2025

billion in 2023, prompting cost-cutting measures, a 5% staff reduction, and slashed executive bonuses. Refinery inputs averaged 15.4 Under pressure from activist investor Elliott Management, which holds a 5% stake, BP is shifting focus back to fossil fuels, selling 10 U.S. onshore wind farms and spinning off offshore wind assets.

Barrel 52

Barrel Energy Energy Oil 52

Drillers

MARCH 24, 2020

For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. The government has been fighting the illicit refineries for years. on frontier and inland basin projects. One of these measures targets offshore projects specifically.

Oil 52

Oil Royalty Exploration and Production Government 52

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? 2023 Production: ~6.0 We analyze major U.S. 2024 Production: 6.3

Basin 40

Basin Oil Gas Exploration and Production 40

Valor

MARCH 10, 2025

per barrel and WTI dropping 40 cents to $66.64, marking WTIs seventh consecutive weekly lossthe longest streak since November 2023. In the Permian Basin, rig count declined by 1 to 3049 fewer than last yearwhile Eagle Ford added 1 rig to reach 49, though thats still 3 less than the previous year. Market uncertainty stems from U.S.

Energy 52

Energy Energy Barrel Natural Gas 52