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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

The Permian Basin continues to solidify its role as the driving force behind U.S. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Expansion of sour gas treating facilities in the Delaware Basin. oil and gas production.

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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

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). Positioned Sunoco as a midstream infrastructure leader, crucial for energy logistics.

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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). These investments were primarily in the midstream NGL and refined products segments.

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Rextag

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. Phillips 66: Chemical and Midstream Magic Phillips 66 surprised investors with a Q3 profit beat, driven by strength in its chemicals and midstream segments.

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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. 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.

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ConocoPhillips Q4 2024 Earnings Call: Key Updates on the Permian Basin

Oil Gas Leads

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.

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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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