Valor

FEBRUARY 24, 2025

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. billion in 2024 from $13.4 million barrels per day (bpd) in 2024 to 13.6 The terminal will load up to 1 million barrels per day onto the worlds largest tankers, boosting U.S. million barrels Summary : U.S.

Barrel 52

Barrel Energy Energy Oil 52

Oil Gas Leads

MARCH 10, 2025

Year-Over-Year Trends: Industry Adjustments Compared to the same period in 2024, the total U.S. million barrels per day (bpd) in 2024 to around 13.6 On the natural gas side, the EIA predicts a 73% increase in spot gas prices in 2025, which could prompt producers to boost drilling activity following a 14% price drop in 2024.

Oil 52

Oil Engineer Engineering Gas 52

Rextag

NOVEMBER 18, 2024

A Year of Growth, but Slower Than Before The International Energy Agency (IEA) has revised its forecast for global oil demand in 2024, projecting growth of 921,000 barrels per day (bpd) a slight increase from earlier predictions of 862,000 bpd. million barrels a day increase seen in 2023. million-barrel increase.

Oil 40

Oil Barrel Crude Oil Energy 40

Oil Gas Leads

MARCH 11, 2025

The Permian Basin continues to solidify its role as the driving force behind U.S. Expansion of sour gas treating facilities in the Delaware Basin. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. .” Our goal is to export over 100 million barrels a month by 2027.”

Midstream 52

Midstream Pipeline Natural Gas Gas 52

Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. 600 million in non-core asset sales , primarily in the Southern Delaware Basin.

Basin 52

Basin Oil Exploration and Production Operator 52

Rextag

JANUARY 16, 2025

Civitas Resources is reportedly considering the sale of its oil and gas assets in Colorados Denver-Julesburg (D-J) Basin and may reinvest the proceeds in acquiring additional assets in the Permian Basin, including the highly sought-after position held by Double Eagle IV, according to analysts and media reports.

Basin 52

Basin Exploration and Production Operator Oil 52

Oil Gas Leads

MARCH 8, 2025

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand.

Basin 52

Basin Midstream Pipeline Oil 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? 2024 Production: 6.3 MMBbl/d production increase in 2024.

Basin 40

Basin Oil Gas Exploration and Production 40

Energy Transfer

DECEMBER 23, 2024

2024 is almost in the books! As we wind down the remaining days until the New Year, lets take a look back at some of the highlights of 2024. The two-year partnership began with the 2024 season with Energy Transfer and Sunoco logos displayed on the teams car for the three Formula 1 Grand Prix races in the U.S.

Crude Oil 52

Crude Oil Pipeline Midstream Basin 52

Oil Gas Leads

MARCH 11, 2025

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.

Energy 52

Energy Energy Basin Midstream 52

Oil & Gas 360º

MARCH 10, 2025

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

Energy 130

Energy Energy Exploration and Production Crude Oil 130

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. per barrel (up 1.37%).

Energy 52

Energy Energy Barrel Oil 52

Valor

FEBRUARY 11, 2025

Read more Europes oil demand may rise as gas hits $100 per barrel Summary : Europe’s oil demand may increase as natural gas prices surge to an oil-equivalent of $100 per barrel, making oil a more cost-effective alternative. The Permian Basin saw the largest increase, adding four rigs, highlighting the resilience of U.S.

Energy 52

Energy Energy Oil Exploration and Production 52