Oil Gas Leads

MARCH 4, 2025

The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. Natural gas prices also saw strong growth, with Henry Hub natural gas averaging $14.17

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Oil Gas Leads

MARCH 14, 2025

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3

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Oil & Gas 360º

MARCH 10, 2025

The partnership has agreed to create an Acquisition and Development Company ( ADC ) focused on delivering reliable, cost efficient, net-zero power from natural gas and captured coal mine methane ( CMM ) to meet the soaring demand of data centers for reliable power. and DANBURY, Conn.

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McKinsey

NOVEMBER 30, 2018

The Permian is experiencing its first natural gas problem. Gas production is starting to exceed pipeline capacity exiting the Permian, and in-basin prices are falling as a result.

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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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Mees

MARCH 7, 2025

First gas from Saudi Arabias giant Jafurah Basin unconventional project is expected in Q3. The highly symbolic development will help boost Saudi gas output to record highs and is central to Aramco achieving its ambitious 2030 gas growth target.

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Oil and Gas Lawyer

MARCH 10, 2025

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. These formations lie above parts of the Wolfcamp formation in the Permian Basin. In Basic Energy Services v. PPC Energy , No.

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Permian Basin Oil and Gas Magazine

MARCH 6, 2025

Regardless if you are a safety professional, a worker out in the field, or an executive, I appreciate you taking a small part of your day or month to read whats going on in the field of safety. Safety programs in our industry need to be fresh, pertinent, and up to date with the standards. Canned programs quickly become stale and repetitive.

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Energy Transfer

MARCH 12, 2025

As data centers and power plants are grappling with rising electricity demand fueled by AI technologies, natural gas is emerging as the primary energy source of this digital revolution. The natural gas supply is expected to generate approximately 1.2 Why Natural Gas? That unsung hero is energy and lots of it.

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Permian Basin Oil and Gas Magazine

MARCH 14, 2025

Houston-based Evolution Petroleum said last week it agreed to acquire non-operated oil and natural gas assets in New Mexico and Louisiana for $9 million. The acquisition extends Evolutions asset portfolio with about 440 boed of net production (60 percent oil, 40 percent natural gas). Closing is expected in 3Q.

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Rextag

OCTOBER 29, 2024

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Bcf/d of natural gas from the Permian to Katy, Texas. Bcf/d of natural gas.

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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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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. billion to $2.8

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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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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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Permian Basin Oil and Gas Magazine

MARCH 11, 2025

BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine. Closing is expected in July.

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Permian Basin Oil and Gas Magazine

MARCH 14, 2025

Energy Information Administration said last week the number of rigs deployed to drill for natural gas declined over the last two years. natural gas-directed rigs decreased 32 percent between December 2022 and December 2024. benchmark Henry Hub natural gas price reached a 14-year high of $6.95 After the U.S.

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Global Energy

MAY 23, 2014

The UK Department of Energy and Climate Change (DECC) has published a study by the British Geological Survey of the […]

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Permian Basin Oil and Gas Magazine

MARCH 1, 2025

The University of Texas Permian Basin’s annual Permian Basin Water in Energy Conference (PBWIEC) will convene March 46, 2025, offering opportunities for innovation, collaboration, and industry recognition. Conferees converse between sessions of the 2024 Permian Basin Water in Energy Conference.

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Energy Central

JANUARY 17, 2023

Todays TRADITIONAL SUPER BASINS of oil & gas will not meet the challenges of sustainability and achieving Net-Zero by 2050. These are the ENERGY SUPER BAINS; While the oil and gas industry’s past is.

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Permian Basin Oil and Gas Magazine

MARCH 14, 2025

Ring is in the process of bolting on central basin platform assets from Lime Rock and is divesting expensive, non-core vertical wells. Ring drilled 5 horizontal wells and 4 vertical wells and completed 10 wells with all drilling and completion activity occurring in central basin platform. Capital expenditures in 4Q for Ring were $37.6

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Permian Basin Oil and Gas Magazine

MARCH 7, 2025

Permian Resources said 65 percent of 2025 operating activity will be focused in New Mexico and 30 percent in Texas in Delaware Basin and the remaining activity in Midland Basin. The company also announced the divestiture of its Barilla Draw natural gas and oil gathering systems for $180 million. Co-CEO James Walter said Feb.

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Permian Basin Oil and Gas Magazine

MARCH 7, 2025

The Woodlands-based Ring Energy said last week it will acquire assets in central basin platform from Lime Rock Resources in a cash-and-stock deal valued at $100 million. The post Ring Energy acquires assets in Andrews County from Lime Rock Resources appeared first on Permian Basin Oil and Gas Magazine.

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NGT News

APRIL 13, 2022

Clean Energy Fuels Corp. has signed new fueling contracts, infrastructure expansions and RNG production projects. LA County Metro has renewed its maintenance agreement with Clean Energy for six stations that will power 1,417 transit buses with an expected 137 million gallons of RNG for the length of the contract.

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Rextag

JANUARY 21, 2025

The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. MMBtu, improving the outlook for natural gas-focused plays.

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Aresco

MARCH 13, 2025

AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. Digital twinsvirtual models of physical assetsare also transforming maintenance strategies.

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Permian Basin Oil and Gas Magazine

MARCH 11, 2025

From offices in Midland and Austin, Orion services oil and gas, food and beverage, refining, municipal water systems, and other industries. The post Whitewater acquires Orion Water Solutions for wastewater treatment appeared first on Permian Basin Oil and Gas Magazine.

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Energy Transfer

DECEMBER 10, 2024

.’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? is because technological breakthroughs have resulted in increased domestic natural gas production to generate our nations electricity, largely replacing coal-fired generation. In fact, the No. In fact, the No.

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Rextag

DECEMBER 23, 2024

At Rextag, we couldnt think of a better gift for our readers than a look back at the deals that shaped the oil and gas industry this year. At Rextag, we couldnt think of a better gift for our readers than a look back at the deals that shaped the oil and gas industry this year. It's Beginning to Look a Lot Like Christmas!

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Oil Gas Leads

MARCH 10, 2025

This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, natural gas, and NGLs move from production sites to storage and processing facilities. Why the Permian?

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The Energy Law

NOVEMBER 18, 2010

Environmental Protection Agency (EPA) released its final Subpart W rule to cover petroleum and natural gas facilities under the agency’s Greenhouse Gas (GHG) Reporting Program. The original Subpart W rule for petroleum and natural gas facilities was proposed in March 2010.

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Oil Gas Leads

MARCH 11, 2025

The Permian Basin continues to solidify its role as the driving force behind U.S. oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Expansion of sour gas treating facilities in the Delaware Basin.

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Permian Basin Oil and Gas Magazine

MARCH 4, 2025

appeared first on Permian Basin Oil and Gas Magazine. Crude oil exports by Pemex, Mexicos state-owned petroleum company managed and operated by the Mexican government, fell 44 percent in January 2025 compared to the same month last year to 532,404 barrels per day. He said the problem is being solved, according to Mexico Business News.

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Rextag

DECEMBER 18, 2024

As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. Chevron Invested heavily in unconventional gas and LNG, particularly in the Gulf of Mexico and the Barnett Shale. By 2005, analysts predicted the Bakken contained 4.3

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The Energy Law

FEBRUARY 3, 2021

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. In Tier 1 Resources Partners et al. described as follows: Section 6. and Section 2.” he asked. “It

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OilPro

AUGUST 6, 2024

When compared to SAGD wells on gas lift, we expect the LiftPlus system will use approximately 50%-65% less gas to produce the same or more emulsion. How Does LiftPlus compare to a Gas Lift System? It is the perfect system to use in late in life wells as its OPEX and CAPEX costs are significantly lower than ESPs and RRPs.

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Rextag

JANUARY 27, 2025

billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. For several quarters, weve highlighted significant new natural gas demand in these areas, said CEO Kim Dang in the companys Q4 2024 earnings release. energy demands.

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