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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

A combination of rising energy prices, stable production, and economic expansion has positioned the region as a key driver of the U.S. oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. per barrel , marking a 5.2% per barrel , marking a 5.2%

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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

Natural Gas & NGL Infrastructure Expansion ONEOK is expanding its natural gas and NGL (natural gas liquids) infrastructure in the Permian to capture growing production volumes. This move supports the companys growing gas gathering and processing footprint.

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

Oil Gas Leads

Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S. oil and gas production , with Energy Transfer reporting a 9% increase in legacy Permian throughput in 2024. Marcus Hook Terminal Expansion Adding a 900,000-barrel refrigerated ethane storage tank.

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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

Infrastructure and Market Adjustments Infrastructure limitations, particularly in natural gas takeaway capacity, have been a key bottleneck for Permian growth in previous years. Natural Gas Production: 25.8 Projected Natural Gas Production: Expected the Haynesville region to account for 14% of the U.S.

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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360º

The United States already became the worlds top oil and gas producer under former President Joe Biden. million barrels per day (bpd) in 2025 and climb further to 13.76 Trump wants increased production because he wants lower energy prices and that stands in direct opposition to expanding investments in oil and gas.

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