Valor

FEBRUARY 24, 2025

per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. 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. million barrels to 432.5

Barrel 52

Barrel Energy Energy Oil 52

Rextag

JANUARY 21, 2025

Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,

Oil 40

Oil Gas IT BBL 40

Rextag

DECEMBER 23, 2024

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. This deal boosted Exxons daily output by over 700,000 barrels of oil equivalent per day (boe/d). It's Beginning to Look a Lot Like Christmas! Sunocos Acquisition of NuStar Energy Value: $7.3

Oil 52

Oil Basin Gas Exploration and Production 52

Rextag

JANUARY 29, 2025

Maverick, based in Houston, focuses on oil and gas production primarily in Texas and Oklahoma, including assets in the Western Anadarko Basin. The Rationale This transaction will expand Diversified Energys footprint into the prolific Permian Basin, a vital hub of U.S. Meanwhile, Diversified Energys CEO, Rusty Hutson Jr.,

Energy 40

Energy Energy Basin Oil 40

Rextag

DECEMBER 18, 2024

billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally. million barrels of oil equivalent by 2005. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005.

Oil 52

Oil Exploration and Production Gas Hydraulic Fracturing 52

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. As drilling intensifies in the Delaware Basin , the ability to handle high-sulfur gas efficiently will be a key differentiator in the midstream market. oil and gas production.

Midstream 52

Midstream Pipeline Natural Gas 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

Drillers

MARCH 24, 2020

billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. According to estimates from human rights groups, millions of barrels have leaked or spilt in the Niger Delta over the years. Exxon comes next: the U.S.

Oil 52

Oil Royalty Exploration and Production Government 52

Energy Transfer

FEBRUARY 12, 2025

The increase was primarily due to higher volumes in the Permian Basin, which was related to a 9% increase in legacy Permian throughput, as well as the addition of the Crestwood and WTG assets in November of 2023 and July of 2024, respectively. Tom Long, co-CEO, Energy Transfer We’re learning a lot about data centers.

Natural Gas 52

Natural Gas Energy Energy Pipeline 52

Oil Gas Leads

MARCH 10, 2025

million barrels per day (bpd) in 2024 to around 13.6 Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. March 10, 2025 The U.S. Oklahomas drilling activity was unchanged at 49 rigs , reflecting stable operations in the region.

Oil 52

Oil Engineering Engineer Gas 52

Rextag

OCTOBER 31, 2024

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. While some players faced profit slumps reminiscent of a seasonal scare, others found treats hidden among their strategies and diversified portfolios. billion share buyback.

Oil 40

Oil Midstream IT Natural Gas 40

Oil Gas Leads

MARCH 13, 2025

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. The recent acquisition in the Midland Region further strengthens its presence in the Permian Basin, a critical area for U.S. domestic energy production. billion acquisition of Marathon Oil by the end of the year.

Basin 52

Basin Management Energy Energy 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 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. power demand. “At flat activity, we can grow the Lower 48 business. .”

Basin 52

Basin Oil Exploration and Production Operator 52

Oil Gas Leads

MARCH 8, 2025

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. The EPIC acquisition will allow them to shift these barrels onto their own network , capturing better margins and improving logistics efficiency. energy production. This move is a response to surging NGL production in the Permian.

Basin 52

Basin Midstream Pipeline Oil 52

Rextag

FEBRUARY 24, 2025

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. We analyze major U.S. 2023 Production: ~6.0 2024 Production: 6.3

Basin 40

Basin Oil Gas Exploration and Production 40

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 Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. Haynesville Basin: The Right Time to Ramp Up The Haynesville Basin, located in eastern Texas and northwestern Louisiana, has long been a critical natural gas-producing region. BP is doubling down on its U.S. million and 2.5

Natural Gas 52

Natural Gas Gas Basin Oil 52

RBN Energy

MARCH 14, 2025

Yet, the Shale Revolution has impacted the Rockies as much as any other region, boosting production in the Denver-Julesburg (DJ) and Uinta basins, and the Montana portion of the Bakken. In todays RBN blog, well look at how PADD 4 dispenses these barrels and its role in balancing continental crude oil supply and demand.

Crude Oil 40

Crude Oil Pipeline IT Refinery 40

Energy Transfer

DECEMBER 23, 2024

JULY Energy Transfer Completed its Acquisition of WTG Midstream Holdings Energy Transfers completion of its acquisition of WTG Midstream added approximately 6,000 miles of gas-gathering pipelines that extend Energy Transfers network in the Midland Basin. 2024 is almost in the books! JANUARY Sunoco LP Acquired NuStar Energy L.P.

Crude Oil 52

Crude Oil Pipeline Midstream Basin 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 Natural Gas 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

Oil & Gas 360º

MARCH 13, 2025

million barrels per day (bpd) in 2025 and climb further to 13.76 producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. oil prices are currently around $68 a barrel. million bpd in 2026. But there is an obvious problem here. The CEO of U.S. Benchmark U.S.

Energy 130

Energy Energy Oil Crude Oil 130