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Proposed Gas-Fired Power Plant in Wisconsin Faces New Opposition

POWER Magazine

New opposition has emerged surrounding a power plant Minnesota Power, Dairyland Power Cooperative, and Basin Electric Power Cooperative are teaming to build along the banks of the Nemadji River in […] The post Proposed Gas-Fired Power Plant in Wisconsin Faces New Opposition appeared first on POWER Magazine.

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Dry Fork Secures Federal Funding Under $1B Large-Scale Carbon Capture Pilot Program

POWER Magazine

A project near Basin Electric’s Dry Fork Power Station, a 405-MW coal-fired power plant near Gillette, Wyoming, has become the first of four Department of Energy (DOE) selections to receive […] The post Dry Fork Secures Federal Funding Under $1B Large-Scale Carbon Capture Pilot Program appeared first on POWER Magazine.

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U.S. rig count up for fifth straight week; Permian Basin, Texas adds rigs

Permian Basin Oil and Gas Magazine

Permian Basin reported 305 rigs (up 1 in past week, down 10 in past year). Eddy and Lea counties in New Mexico continue to lead Permian Basin with 51 rigs each. rig count up for fifth straight week; Permian Basin, Texas adds rigs appeared first on Permian Basin Oil and Gas Magazine. The post U.S.

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SM Energy reports record proved reserves, including 34 percent in Midland Basin

Permian Basin Oil and Gas Magazine

Estimated net proved reserves at yearend 2024 were 673 million barrels of oil equivalent, including 51 percent in south Texas, 34 percent in Midland Basin and 15 percent in Uinta Basin. Production in 4Q in Midland Basin was 4,957,000 barrels of oil (53,900 b/d).

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Counts of drilling rigs decline in Permian Basin, Texas, U.S.

Permian Basin Oil and Gas Magazine

Counts of active drilling rigs in Permian Basin, Texas and U.S. Also, there were 304 rigs in Permian Basin (down from 305 previous week, down from 313 year ago) and 281 in Texas (down from 282 previous week, down from 291 year ago). The post Counts of drilling rigs decline in Permian Basin, Texas, U.S.

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Civitas expands Permian position with new assets in Howard, Glasscock, Upton

Permian Basin Oil and Gas Magazine

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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Targa Resources reports record production in 2024 and 4Q

Permian Basin Oil and Gas Magazine

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.

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