Permian Basin Oil and Gas Magazine

MARCH 7, 2025

Houston-based Targa Resources recently reported record production for 2024Q4 and fullyear 2024. And Targa announced a 100-mile expansion of Delaware Express, its new intra-Delaware Basin Grand Prix NGL pipeline. The post Targa Resources reports record production in 2024 and 4Q appeared first on Permian Basin Oil and Gas Magazine.

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Oil Gas Leads

MARCH 10, 2025

Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. Companies are taking full control of the supply chain from gathering and processing to pipeline transportation and export terminals to streamline operations and capture higher margins. energy production growth.

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Oil Gas Leads

MARCH 8, 2025

During its Q4 2024 earnings call , ONEOK outlined significant infrastructure expansions, acquisitions, and future growth opportunities in the Permian. West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production.

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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.

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Oil Gas Leads

MARCH 8, 2025

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. Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S.

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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. 2024 Production: 6.3 2024 Production: 6.3 MMBbl/d production increase in 2024. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5

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