OilPrice

MARCH 12, 2025

Renewable energy developer, NextEra Energy (NYSE:NEE) is considering doubling its $20B investment in Texas, with the renewable energy company currently exploring land in the Permian Basin for development, Michele Wheeler, VP of regulatory and political affairs, revealed at the CERAWeek energy conference in Houston.

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IT Basin Energy Energy 195

NGT News

AUGUST 29, 2022

Sand Revolution, based in Midland, Texas, provides turnkey last-mile logistics, focused heavily in the Permian Basin. American CNG says it is performing 150 DEMI Diesel Displacer renewable natural gas (RNG) conversions on Sand Revolution‘s existing diesel fleet, with the potential of additional conversions at a future date.

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Natural Gas Gas Basin IT 264

Rigzone: News

FEBRUARY 19, 2025

Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.

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Basin Energy Energy IT 94

NGT News

SEPTEMBER 29, 2022

Merge Electric Fleet Solutions is initiating a new pilot program to deploy fully-electric Ford F-150 Lightning trucks in the Permian Basin area, enabling oil and gas operators and service companies to test fully-electric pickup trucks, determine how they will meet drivers’ needs and confidently build a fleet electrification plan.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Permian Basin reported 305 rigs (up 1 in past week, down 10 in past year). Eddy and Lea counties in New Mexico continue to lead Permian Basin with 51 rigs each. rig count up for fifth straight week; Permian Basin, Texas adds rigs appeared first on Permian Basin Oil and Gas Magazine. The post U.S.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Estimated net proved reserves at yearend 2024 were 673 million barrels of oil equivalent, including 51 percent in south Texas, 34 percent in Midland Basin and 15 percent in Uinta Basin. Production in 4Q in Midland Basin was 4,957,000 barrels of oil (53,900 b/d).

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Permian Basin Oil and Gas Magazine

MARCH 11, 2025

Counts of active drilling rigs in Permian Basin, Texas and U.S. Also, there were 304 rigs in Permian Basin (down from 305 previous week, down from 313 year ago) and 281 in Texas (down from 282 previous week, down from 291 year ago). The post Counts of drilling rigs decline in Permian Basin, Texas, U.S.

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Drilling rig Basin Oil Gas 52

Rextag

MARCH 11, 2025

It covers total production figures, performance by key operators, and state-level contributions, focusing on key basins such as the Permian Basin, Appalachian Basin, Denver-Julesburg (DJ) Basin, Onshore and Offshore Gulf of America (Mexico), Williston Basin, and Greater Anadarko Basin.

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Basin BCF Upstream Operator 59

OilPrice

MARCH 12, 2025

Azerbaijan and Georgia are asking the European Commission to grant special status to a Black Sea power line project that would expedite construction of an undersea cable enabling EU member states to import electricity from Caspian Basin nations.

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Basin Energy Energy 156

McKinsey

MAY 28, 2020

The Mediterranean’s signature climate drives tourism and agriculture in the region. What impact is climate change likely to have?

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Basin Sustainability Sustainable 105

Rigzone: News

FEBRUARY 12, 2025

Tamboran achieved record completion results in the Beetaloo Sub-Basin onshore Australia's Northern Territory after stimulating the Shenandoah South 2H sidetrack well.

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Basin Sidetracking Completion 52

Rigzone: News

FEBRUARY 12, 2025

TotalEnergies finished drilling Tamboti-1X and spudded Marula-1X, both exploration wells in block 2913B - which contains the Venus discovery - on the Namibian side of the offshore Orange Basin.

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Basin Spud-in Exploration Well Offshore 52

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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Basin Natural Gas Pipeline BCF 52

Rigzone: News

JANUARY 21, 2025

Wood has been contracted to deliver long-term maintenance solutions for Esso Australia-operated onshore and offshore assets in the Gippsland Basin, Victoria.

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Basin Maintenance Offshore Operator 52

Oil Gas Leads

MARCH 4, 2025

The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. Production Growth Despite Fewer Rigs Oil production in the Permian Basin increased to 6.5 Housing Market: Sales and Prices Climb The Permian Basins housing market showed continued strength in Q4. oil and gas sector.

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Basin Energy Energy Natural Gas 52

Rigzone: News

DECEMBER 16, 2024

percent stake in Block 2813B offshore Namibia in the Orange Basin. QatarEnergy signed an agreement to acquire from Chevron a 27.5

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Rigzone: News

JANUARY 7, 2025

Recent exploration activities have uncovered significant new discoveries, highlighting the basin's continued potential'.

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Basin 52

Rigzone: News

DECEMBER 20, 2024

Vitesse signed a deal to acquire Lucero, an oil and gas producer focused on the North Dakota side of the Williston Basin, in an all-stock transaction with a diluted equity value of $222 million.

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Energy Central

SEPTEMBER 7, 2023

The Permian, Eagle Ford and Williston In this report, we will analyze the latest developments in the 3 largest US tight oil basins, which include the Permian, Williston, and the Eagle Ford. Together, these basins were producing over 7.5 million barrels of oil per day in May 2023, while outside these basins less than 1.2

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Energy Central

NOVEMBER 27, 2024

By EDF Blogs By Nini Gu Data recently collected by EDF’s MethaneAIR project in 2023 reveals a striking difference in the emissions profiles between the two major Colorado basins: the Denver-Julesburg (D-J) in the east, and the Piceance in the west. The D-J Basin exhibited a 1.7%

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Basin Gas Natural Gas Oil 59

Rigzone: News

JANUARY 14, 2025

Africa Oil increased its stake in Block 3B/4B on the South African side of the Orange Basin to 18 percent from 17 percent after completing a transaction with fellow Canadian company Eco.

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Basin Oil Completion IT 52

Energy Central

DECEMBER 6, 2023

In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the Denver-Julesburg (DJ). Together, these 4 basins were producing over 8 million barrels of oil per day (b/d) in August 2023, while outside these basins less than 0.8

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Basin Oil Barrel 52

Novi

NOVEMBER 12, 2024

As consolidators move to acquire acreage in core shale basins, smaller operators are looking for opportunities in underappreciated basins and fringe areas in core basins. Forecasting the Northwest Shelf of the Delaware Basin One of these new areas of interest is the Northwest Shelf of the Delaware Basin.

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Novi

JULY 30, 2024

Examining the relationship between oil production and proppant , we see both the Delaware Basin (Figure 1) and Midland Basin (Figure 2) showing a production increase with proppant intensity. Figure 1: Delaware Basin 12 month cumulative oil production per lateral foot, plotted against proppant per lateral foot used in the completion.

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Asian Oil & Gas

MARCH 10, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major breakthrough in the exploration of Paleozoic buried hills in the Beibu Gulf Basin

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Basin Offshore Oil Gas 40

Energy Central

APRIL 6, 2023

In this report, we will analyze the latest developments in the 4 largest US tight oil basins, which include the Permian, Williston, Eagle Ford, and the DJ. Together, these basins produced more than 7.2 Total production by basin The following overview shows the total tight oil production history for each of these basins.

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Rigzone: News

MARCH 5, 2025

The purchase price of the acquisition is $100 million, subject to customary closing adjustments.

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Basin Energy Energy 67

NGT News

NOVEMBER 15, 2024

Pursuing the development of its low-carbon hydrogen ecosystem in France’s Normandy industrial basin, Air Liquide will invest 50 million euros in a new hydrogen packaging and delivery supply chain to refueling stations along the Seine Axis, to support the acceleration of low-carbon mobility.

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Supply Chain Basin IT 130

Enverus

MARCH 10, 2025

Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] billion deal represents one of the last significant private positions in the Midland Basin and leaves very few remaining opportunities for mid-sized operators to acquire high-quality inventory. [1]

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Oil and Gas Lawyer

MARCH 10, 2025

These formations lie above parts of the Wolfcamp formation in the Permian Basin. The Delaware Mountain Group is a group of formations including the Bell Canyon, Cherry Canyon and Brushy Canyon formations, deposits in ancient canyons filled in over the ages, and are productive of oil and gas.

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Disposal Well Casing Energy Energy 130

Rigzone

MARCH 12, 2025

The acquisition includes four oil fields in the Esprito Santo Basin, including the Lagoa Parda Cluster, plus two exploration blocks adjacent to major producers.

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Basin Field Oil 67

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

Denver-based Civitas Resources said last week it expanded its Permian Basin position with the purchase of operated assets in Howard, Glasscock and Upton counties in Midland Basin. Civitas said slightly more than half of total capital investments will be allocated to Permian Basin with the remainder to DJ Basin.

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Oil & Gas 360º

MARCH 10, 2025

UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields. In Namibia, NAMCOR is working with IOCs toward first oil production from the Orange Basin by 2029. The company also strives to unlock the potential of the Orange Basin.

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Permian Basin Oil and Gas Magazine

MARCH 7, 2025

20 it completed its new Greenwood II plant in Midland Basin (275 million cfd) and its new Train 10 fractionator in Mont Belvieu (120,000 b/d). Also Targa recently commenced operations of its Bull Moose plant (275 million cfd) and front-end treater (800 million cfd) in Delaware Basin. Targa said Feb.

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Basin Drivers Pipeline Completion 52

Oil & Gas 360º

MARCH 6, 2025

The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades.

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Offshore Engineer

MARCH 10, 2025

Petrobras has informed that a Drill Stem Test (DST) in the Sirius-2 well, located in deep waters of the Gujaira Basin offshore Colombia, proved good productivity

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Rigzone: News

FEBRUARY 18, 2025

The transaction is expected to close in the second half of 2025, subject to customary closing conditions and regulatory approvals.

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