2024 Basin Drivers 
Oil Gas Leads
MARCH 4, 2025
The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. A combination of rising energy prices, stable production, and economic expansion has positioned the region as a key driver of the U.S. oil and gas sector. After being in negative territory at -$9.18 to $328,000.
Permian Basin Oil and Gas Magazine
MARCH 7, 2025
Houston-based Targa Resources recently reported record production for 2024Q4 and fullyear 2024. 20 it completed its new Greenwood II plant in Midland Basin (275 million cfd) and its new Train 10 fractionator in Mont Belvieu (120,000 b/d). Targa said Feb. Targa said 2025 net growth capital expenditures will be $2.6 billion to $2.8
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Oil Gas Leads
MARCH 8, 2025
The Permian Basin continues to be a driving force behind U.S. During its Q4 2024 earnings call , ONEOK outlined significant infrastructure expansions, acquisitions, and future growth opportunities in the Permian. Heres a breakdown of what was said about the companys investments and outlook for the basin. Bcf/d in 2025.
Novi
JULY 19, 2024
The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.
Oil Gas Leads
MARCH 10, 2025
This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.
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.
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.
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