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. The recent acquisition in the Midland Region further strengthens its presence in the Permian Basin, a critical area for U.S. domestic energy production. billion acquisition of Marathon Oil by the end of the year.

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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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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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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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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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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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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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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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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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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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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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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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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. In Basic Energy Services v. PPC Energy , No.

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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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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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Basin Oil IT Energy 52

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 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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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. Maryann Mannen, president and CEO, said Feb.

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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. For the upstream industry to become more sustainable, it must focus on resources that are co-located with both plentiful clean electricity and CCS potential.

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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

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. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.

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Rigzone: News

FEBRUARY 26, 2025

Canacol said it plans to drill 11 exploration wells and three development wells in the Lower Magdalena Valley Basin this year.

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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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Energy Central

FEBRUARY 23, 2024

Already, the ocean is the largest carbon sink on the planet. It has kept a lid on our excess emissions but at a cost. The carbon dioxide (CO2) being absorbed by seawater is making it more acidic which is endangering all shellfish, crustaceans, phytoplankton, and corals.

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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 post Permian Resources plans to increase production in 2025 by 8 percent appeared first on Permian Basin Oil and Gas Magazine.

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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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McKinsey

NOVEMBER 30, 2018

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

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Rigzone: News

JANUARY 28, 2025

Petrobras is selling its 25 percent stake in the field, located in the Sergipe-Alagoas Basin.

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Rigzone: News

JANUARY 23, 2025

Ovintiv completed the divestment of substantially all its assets in the onshore Uinta Basin to FourPoint Resources.

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Rextag

JANUARY 21, 2025

Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,

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Permian Basin Oil and Gas Magazine

MARCH 11, 2025

The post Whitewater acquires Orion Water Solutions for wastewater treatment appeared first on Permian Basin Oil and Gas Magazine. Calgary-based WhiteWater Management said last week it agreed to purchase Orion Water Solutions, a pioneer in advanced wastewater treatment solutions.

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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. The monthly level is the lowest since current record system began in 1990.

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Novi

JULY 19, 2024

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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Rextag

DECEMBER 23, 2024

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production.

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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. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.

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Oil & Gas 360º

MARCH 10, 2025

The collaborationamongthe three companies would leverage in-basin natural gas production, advanced energy generation via fuel cell technology, and infrastructure financing to create a highly efficient, scalable, and sustainable energy solution tailored for the rapid expansion of data center power capacity requirements.

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Permian Basin Oil and Gas Magazine

MARCH 10, 2025

The back office is usually just that in the oil industryback behind the scenes. It rarely makes headlines for great technological leaps. Nonetheless, it looks radically different than it did 10, even five years ago. They put it right into their phone, he said. Greasebook’s hardware and software are designed to be labor-savers.

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