Remove 2026 Remove Basin Remove Drivers
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Phillips 66 Doubles Down on Permian Basin Growth with EPIC Acquisition and New Processing Expansions

Oil Gas Leads

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. As our G&P volumes grow, well be able to fill in the expansion capacity that comes online at the end of 2026 with EPIC, Baldridge added. energy production. It really gives us room to continue to grow our G&P footprint.

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. MMBbl/d, maintaining stable levels through 2026.

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Energy Transfer: Capitalizing on Permian Growth and Expanding Global Energy Exports

Oil Gas Leads

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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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360º

million bpd in 2026. And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. Energy Information Administration expects crude oil production to rise to a new record average of 13.61 But there is an obvious problem here.

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