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 […]

Basin 52

Basin Oil IT Energy 52

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]

Operator 130

Operator Basin Exploration and Production E&A 130

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.

Disposal Well 130

Disposal Well Casing Energy Energy 130

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.

IT 59

IT Field Basin Casing 59

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. Figures 3 and 4 show the relationship between a wells nearest neighbor distance and its 1-year cumulative oil production per lateral foot.

Basin 52

Basin Exploration and Production Oil Completion 52

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.

Petroleum 52

Petroleum Oil Gas Natural Gas 52

Permian Basin Oil and Gas Magazine

MARCH 4, 2025

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. Pemex produced crude oil and condensate of 1.62 The post Pemex oil exports fall in January, including by 36 percent to U.S.

Crude Oil 52

Crude Oil Oil Refinery Condensate 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. Oil production for 2025 is forecast at 150,000 to 155,000 barrels per day. Forty percent of Permian activity is planned in Delaware Basin.

Basin 52

Basin Drilling rig Barrel Oil 52

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

Basin 52

Basin Drivers Pipeline Completion 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.

Basin 52

Basin Completion Utilities Operator 52

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. Fourth quarter production was 171,300 barrels of oil per day (368,400 boed). Co-CEO James Walter said Feb.

Basin 52

Basin Oil Natural Gas Barrel 52

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.

Pipeline 52

Pipeline Basin Natural Gas Barrel 52

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 assets are comprised of 17,700 net acres with 2,300 boed (80 percent oil) net production from 101 gross wells. McKinney, chairman and CEO, said Feb.

Basin 59

Basin Energy Energy Operator 59

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.

Upstream 40

Upstream Basin Energy Energy 40

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.

Basin 59

Basin Exploration and Production Sustainability Sustainable 59

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

Basin 52

Basin Energy Energy Completion 52

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. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.

Oil 40

Oil Gas IT BBL 40

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.

Oil 52

Oil Gas Exploration and Production Maintenance 52

Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

Oil 52

Oil Royalty Exploration and Production Government 52

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. ConocoPhillips Acquisition of Marathon Oil Value: $22.5

Oil 52

Oil Basin Gas Exploration and Production 52

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.

Basin 52

Basin Oil Gas Management 52

Energy Transfer

DECEMBER 10, 2024

’s progress in reducing emissions over the past decade has come from investments made by the oil & gas industry? According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Did you know that most of the U.S.’s In fact, the No.

Gas 52

Gas Oil Natural Gas Midstream 52

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.

Gas 74

Gas Pipeline Basin Natural Gas 74

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. billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally.

Oil 52

Oil Exploration and Production Gas Hydraulic Fracturing 52

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. ” Marshal S.

Midstream 52

Midstream Pipeline Energy Energy 52

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

Oil 52

Oil Gas Basin E&A 52

Novi

JULY 19, 2024

This years Unconventional Resources Technology Conference (URTeC) was a whirlwind for the Novi team, filled with insightful talks, technical discussions, and exciting new developments in the oil and gas industry. The basin has ~9 years of remaining inventory that can generate a two-year payout period at current WTI prices.

Basin 52

Basin Exploration and Production Operator Oil 52

Rextag

NOVEMBER 18, 2024

The global oil market is full of potential but also fraught with challenges. A Year of Growth, but Slower Than Before The International Energy Agency (IEA) has revised its forecast for global oil demand in 2024, projecting growth of 921,000 barrels per day (bpd) a slight increase from earlier predictions of 862,000 bpd. million bpd.

Oil 40

Oil Barrel Crude Oil Energy 40

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

Downstream 52

Downstream Midstream Upstream Crude Oil 52

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? As the Court notes, the median water used per well in the Permian Basin is 42,500 cubic meters of water.

Hydraulic Fracturing 52

Hydraulic Fracturing Oil Operator Basin 52

Permian Basin Oil and Gas Magazine

MARCH 14, 2025

decline last two years appeared first on Permian Basin Oil and Gas Magazine. The extent to which producers respond to price changes depends on several factors, including future price uncertainty, contracts, volatility in the market, current costs of materials, equipment and labor, and availability of transportation and storage.

Natural Gas 52

Natural Gas Gas Completion Basin 52

Oil Gas Leads

MARCH 10, 2025

oil and gas industry saw a slight dip in drilling activity last week, as Baker Hughes reported a one-rig decline , bringing the total national rig count to 592. While the decrease was minimal, it reflects broader industry trends influenced by oil and gas prices, production strategies, and market conditions. March 10, 2025 The U.S.

Oil 52

Oil Engineer Engineering Gas 52

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. and DANBURY, Conn.

Natural Gas 130

Natural Gas Energy Energy Gas 130

Permian Basin Oil and Gas Magazine

MARCH 10, 2025

The back office is usually just that in the oil industryback behind the scenes. And Enverus, known internationally for its research, also offers oil and gas accounting systems, including their own newest option, called RFx (Request For Anything). It rarely makes headlines for great technological leaps.

Field 59

Field IT Shutdown Operator 59

CG&A

AUGUST 10, 2022

Question: When mapping data classes on a map, how do you avoid creating a busy oil & gas map with too many similar colors? Does the map span an entire basin, or just a few miles? Data that varies in magnitude, EUR oil values for example, doesnt require a wide range of colors. Is the data spatially loose, or is it dense?

Oil 52

Oil Gas Basin Field 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 Known for its robust output, the Permian is often called the crown jewel of American oil production.

Energy 40

Energy Energy Basin Oil 40

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

Oil 40

Oil Gas Basin Exploration and Production 40