Barrel Basin Pipeline 
Permian Basin Oil and Gas Magazine
MARCH 11, 2025
Findlay, Ohio-based MPLX said recently it agreed to acquire the remaining 55 percent interest in BANGL pipeline system from affiliates of Midlands Diamondback Energy and WhiteWater for $715 million. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine.
Oil Gas Leads
MARCH 8, 2025
The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. oil and gas production, and ONEOK Inc. Bcf/d in 2025.
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Oil Gas Leads
MARCH 11, 2025
The Permian Basin continues to solidify its role as the driving force behind U.S. Enterprise Products Partners LP , a leading midstream operator, is taking a strategic approach to expansion , focusing on pipeline investments, LNG and LPG exports, and securing fee-based revenue to ensure long-term stability. oil and gas production.
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
Rextag
DECEMBER 18, 2024
In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. Led the development of the Chad-Cameroon Pipeline and spearheaded deepwater drilling projects in the Gulf of Mexico. Now, heres Part 2.
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). ExxonMobils Acquisition of Pioneer Natural Resources Value: $64.5
Energy Transfer
FEBRUARY 12, 2025
This was primarily due to higher throughput and higher rates across our Gulf Coast and Mariner East pipeline operations and we also had strong NGL exports and increased profits from the optimization of hedged NGL inventory. The increase was primarily due to increased gains related to pipeline and storage optimization opportunities.
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