Texas Oil & Gas Attorney

AUGUST 29, 2023

COG Operating LLC , was faced with the issue of who owns the water produced by a hydraulic fracturing operation: the oil and gas company operating the well or the surface owner and the company the surface owner leased its water rights to? The El Paso Court of Appeals , in the recent case of Cactus Water Services LLC v.

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Hydraulic Fracturing Oil Operator Basin 52

Novi

AUGUST 7, 2024

These trends, showing rising production with tighter spacing, stem from operator decision making to downspace and increase completion intensity in higher quality rock. This model uses 11,176 horizontal wells in the Delaware Basin with the following characteristics (Figure 1), and the following input variables: Figure 1.

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Basin Completion Oil Operator 52

Oil Gas Leads

MARCH 10, 2025

West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. Oklahomas drilling activity was unchanged at 49 rigs , reflecting stable operations in the region. Operators remain cautious , with many focusing on financial discipline rather than rapid expansion.

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Oil Engineering Engineer Gas 52

Novi

OCTOBER 22, 2024

In part 2 , we created a data-driven model using 11,176 wells from the Delaware Basin and features representing geology, completion intensity, spacing, and timing. Figure 3: Location of test pad in the Delaware Basin, Lea County. Figure 4: Winerack scenarios for Delaware Basin test pad.

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Exploration and Production Basin Completion Oil 52

Rextag

JANUARY 29, 2025

Maverick Natural Resources has operations in Texas and Oklahoma Diversified Energy (DEC) has agreed to acquire Maverick Natural Resources, a private-equity-backed oil and gas producer, in a deal valued at approximately $1.3 Upon completion, the merged entity will hold an enterprise value of roughly $3.8 billion, including debt.

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Energy Energy Basin Oil 40

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

But after that comes completions, including coiled tubing, cementing, and all thats entailed in those procedures. Nick Pottmeyer Nine Energy Service handles many completion procedures. Nick Pottmeyer is President of Completion Tools Operations for the company, and Joe Huwel is President of Cementing and Coiled Tubing.

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Completion IT Oil Basin 59

Rextag

JANUARY 21, 2025

With M&A activity accelerating, companies are securing inventory and refining their operations to meet future demand. shale sector is experiencing a robust wave of mergers and acquisitions (M&A) as companies seek to bolster inventory and scale their operations. CONSOLIDATION GAINS MOMENTUM AMID INVENTORY CONCERNS The U.S.

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Oil Gas IT BBL 40

Permian Basin Oil and Gas Magazine

MARCH 10, 2025

The shutdowns really provided the impetus for a lot of operators to get on track with a simple solution that was lightweight, easy, and cost-effective for them to run, he said. This is especially valuable in high-transaction environments like the Permian Basin, Elchitz observed. Some examples include: * Automating Routine Tasks.

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Field IT Shutdown Operator 59

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. This was offset by lower interruptible utilization, reduced rates on Panhandle and increased operating expenses.

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Natural Gas Energy Energy Pipeline 52

Novi

OCTOBER 14, 2024

Relying on quantiles is ineffective for non-uniform distributions, as we often see in well spacing and completion designs. If we dont have this as an input feature from another model, we can provide a set of geological variables directly and let the model figure out where the good and bad parts of the basin are.

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Basin Oil Completion Casing 52

Rextag

JANUARY 27, 2025

Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. These initiatives are progressing and will drive substantial growth once operational. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub. It is scheduled for completion in late 2026.

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Natural Gas Pipeline Gas BCF 40

Drillers

MARCH 26, 2020

Cost Saving through Operational Optimisation Without exception, every Operator has the potential to reduce their operational costs significantly. The learnings below come from subsurface operations related to drilling wells, but these practices can be applied to just about every business.

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Operator HSE IT Management 52

Energy Transfer

NOVEMBER 19, 2024

This was primarily due to growth across our Mariner East pipeline operations as well as strong NGL exports, which were offset by lower gains from the optimization of hedged NGL inventory, as we recognized over $100 million in gains in the third quarter of last year compared to $30 million this year. Adjusted EBITDA was $1.01

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Crude Oil Energy Energy Natural Gas 52

Producer's Edge

JANUARY 20, 2025

Pioneer Natural Resources USA, Inc. ("Pioneer"), a natural gas producer operating in the Permian Basin, entered into a firm contract with MIECO, L.L.C. ("MIECO"), an energy trading firm.

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Gas Natural Gas Casing Basin 52

Oil Gas Leads

MARCH 13, 2025

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. Understanding Air Permits in Oil & Gas Transfers When ownership of an oil and gas facility changes, the new operator must update regulatory permits to reflect the transition. domestic energy production.

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Basin Management Energy Energy 52

Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “At flat activity, we can grow the Lower 48 business.

Basin 52

Basin Oil Exploration and Production Operator 52

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. In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025.

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Basin Oil Gas Exploration and Production 40

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. This growing demand for U.S.

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Natural Gas Gas Basin Oil 52

Oil Gas Leads

MARCH 3, 2025

With a strategic focus on capital discipline, operational optimizations, and infrastructure enhancements, Whitecap is well-positioned to navigate commodity price volatility while delivering strong production growth and shareholder returns. Musreau 05-09 Battery: Completed 10% below budget and ahead of schedule. billion Funds Flow: $1.65

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Sustainable Sustainability Basin Oil 52

Oil Gas Leads

MARCH 10, 2025

The transaction will create a leading Canadian light oil and condensate producer, with a dominant position in the Alberta Montney and Duvernay formations, as well as significant operations in Saskatchewan. Path to Completion The transaction is expected to close before May 30, 2025, pending shareholder and regulatory approvals.

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Oil Basin Operator Gas 52

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. The combined company will continue to pay Whitecap’s annual dividend of $0.73

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Energy Energy Exploration and Production Crude Oil 130

Energy Transfer

DECEMBER 23, 2024

anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. JANUARY Sunoco LP Acquired NuStar Energy L.P. In a deal valued at $7.3

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Crude Oil Pipeline Midstream Basin 52

Marcellus Shale Coalition

FEBRUARY 26, 2025

And the lone infrastructure success for the Appalachian Basin, the Mountain Valley Pipeline (MVP), actually took an act of Congress to complete and become operational. We are going to get this done, and once we start construction, were looking at anywhere from nine to 12 months, if you can believe it, the President said.

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Pipeline Natural Gas Energy Energy 93