Barrel, Basin and Transportation

Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

MARCH 4, 2025

The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% per boe , reflecting improved transportation dynamics and stronger demand. million barrels per day (bpd) , reflecting a 1.3%

Basin

Basin Energy Energy Natural Gas

ONEOK’s Expanding Footprint in the Permian Basin

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. This synergy allows for lower-cost crude transportation and higher margins.

Basin

Basin Natural Gas Pipeline BCF

MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf

Permian Basin Oil and Gas Magazine

MARCH 11, 2025

BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine. Closing is expected in July.

Pipeline

Pipeline Basin Natural Gas Barrel

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

Energy Transfer

FEBRUARY 12, 2025

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%). Reconciliations back to the comparable GAAP measures can be found here. ) Interstate Natural Gas.

Natural Gas

Natural Gas Energy Energy Pipeline

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

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

Midstream Pipeline Natural Gas Gas

1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

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

Oil Exploration and Production Gas Hydraulic Fracturing

Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

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

Oil Gas IT BBL

Oil Market Outlook: A Year of Growth, but Slower Than Before

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. million bpd.

Oil

Oil Barrel Crude Oil Energy

Nigeria Oil Industry Overview

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. While in the past it used to transport the most oil to the United States, now Nigerian oil goes mostly to Asia, Europe, and South America.

Oil

Oil Royalty Exploration and Production Government

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

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. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.

Basin

Basin Midstream Pipeline Oil

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

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. What are the key companies doing to stay competitive? MMBbl/d.

Basin

Basin Oil Gas Exploration and Production

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

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

Energy Energy Basin Midstream

BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth

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.

Natural Gas

Natural Gas Gas Basin Oil

A Look Back on 2024

Energy Transfer

DECEMBER 23, 2024

MAY Energy Transfer Reports Strong First Quarter Results Energy Transfer started the year strong , reporting 13% growth in adjusted EBITDA over Q1 2023 driven by increased crude oil transportation, NGL transportation and fractionation, midstream gathering and interstate transportation volumes.

Crude Oil

Crude Oil Pipeline Midstream Basin

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

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

Energy Energy Exploration and Production Crude Oil

Energy Aggregated

Permian Basin Economic and Energy Update: Q4 2024

ONEOK’s Expanding Footprint in the Permian Basin

Trending Sources

MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf

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

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

1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Oil Market Outlook: A Year of Growth, but Slower Than Before

Nigeria Oil Industry Overview

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

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

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

BP Expands U.S. Natural Gas Production Amid Rising Prices and LNG Growth

A Look Back on 2024

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

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