Rextag

DECEMBER 23, 2024

This deal boosted Exxons daily output by over 700,000 barrels of oil equivalent per day (boe/d). Chevrons Purchase of Hess Corporation Value: $60 billion Date: September 30, 2024 Chevrons acquisition added Hesss assets in Guyanas Stabroek Block, a hotbed of oil discoveries with reserves exceeding 11 billion barrels.

Oil 52

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

Oil 40

Oil Midstream IT Natural Gas 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. Heres a breakdown of how Energy Transfer is positioning itself for sustained growth and profitability in the evolving energy market.

Energy 52

Energy Energy Basin Midstream 52

Oil Gas Leads

MARCH 13, 2025

The company has built a reputation for acquiring mature, cash-flowing assets and optimizing their operations for long-term sustainability. The assets span approximately 55,000 net acres in the Delaware portion of the Permian Basin, with production estimated at 17,000 barrels of oil equivalent per day (boe/d) by the end of 2025.

Basin 52

Basin Management Energy Energy 52

Oil Gas Leads

MARCH 7, 2025

The company reported 833,000 barrels of oil equivalent per day (boe/d) in the Permian for Q4 2024, attributing its success to significant efficiency improvements. We’ve got 2,000 competitive well locations, as Ryan mentioned, around that $40 per barrel cost of supply.

Basin 52

Basin Oil Exploration and Production Operator 52