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ONEOK’s Expanding Footprint in the Permian Basin

Oil Gas Leads

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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Permian Basin Economic and Energy Update: Q4 2024

Oil Gas Leads

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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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

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. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.

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Jeff Loskorn named Partner at Cawley, Gillespie & Associates

CG&A

We are thrilled to announce thatJeff Loskorn, a senior reservoir engineer with our firm since 2014, has been named a Partner at Cawley, Gillespie & Associates. Jeff has extensive experience evaluating conventional and unconventional resources in every major basin in the United States, with a particular focus on the Permian Basin.

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EPA and Army Corps of Engineers Issue Draft Guidance on Waters Protected by Clean Water Act

The Energy Law

Army Corps of Engineers (the Corps) released new proposed guidance on how the agencies will identify waters protected by the Clean Water Act (CWA) in light of Solid Waste Agency of Northern Cook County v. Army Corps of Engineers, 531 U.S. 159 (2001) (SWANCC) and Rapanos v. United States, 547 U.S. 715 (2006).

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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. Key Takeaways The rig count decline is modest , suggesting a more stable period after recent additions.

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Tellurian Upstream Sale: On To Greener Pastures

Novi

The Road So Far – Looking Back on the Deal Our original analysis noted that Tellurian rock quality typically sat in the tier-2 to tier-3 category basin-wide, equating to our second and third machine-learning-derived rock quality quartiles. Source: Novi Insight Engine. Basin-wide, however, ~$3.00/Mcf Mcf range.