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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Permian Basin Oil and Gas Magazine

MARCH 10, 2025

The companys VP / Product Management, Ian Elchitz, said that digitization is playing a critical role in addressing industry challenges of achieving more efficient, scalable, and cost-effective operations with fewer resources due to staff shortages and downsizing. Upscaling Without Added Staff. Data-Driven Decision Making.

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Rextag

JANUARY 29, 2025

Headquartered in Birmingham, Alabama, Diversified Energy specializes in acquiring and managing legacy natural gas wells, with a market capitalization exceeding $800 million as of last Friday. Maverick, based in Houston, focuses on oil and gas production primarily in Texas and Oklahoma, including assets in the Western Anadarko Basin.

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Aresco

OCTOBER 25, 2023

Challenges: Ensuring the safe and efficient movement of large volumes of oil and gas, regulatory compliance, supply chain constraints, and managing logistics. Production increases in the Permian Basin, for example, are a challenge regarding the takeaway capacity of the existing pipeline infrastructure.

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Oil Gas Leads

MARCH 10, 2025

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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Energy Transfer

FEBRUARY 12, 2025

On the call, management referred to adjusted EBITDA and Distributable Cash Flow (DCF), both of which are non-GAAP financial measures. In November 2024, we completed the optimization of the Grey Wolf processing plant in the Permian Basin, which increased the capacity of the plant from 200 MMcf/d to 250 MMcf/d.

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Energy Transfer

OCTOBER 18, 2024

Our 2023 Corporate Responsibility Report highlights our successes, including our operational results, pipeline safety programs, risk management, and emissions reduction programs, among others. billion in organic growth projects, including an eighth fractionator at Mont Belvieu NGL Complex and a new processing plant in the Permian Basin.

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Energy Transfer

DECEMBER 10, 2024

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Advanced Compression Technology Energy Transfer also takes pride in innovating and using some of the most advanced technologies to manage emissions and reduce environmental impacts.

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Valor

FEBRUARY 24, 2025

Under pressure from activist investor Elliott Management, which holds a 5% stake, BP is shifting focus back to fossil fuels, selling 10 U.S. 24, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. GW capacity. onshore wind farms and spinning off offshore wind assets. The companys profits fell to $8.2

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Rextag

DECEMBER 18, 2024

Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005. Efficiency First: Digital dashboards developed by Halliburton and Schlumberger helped operators manage multiple wells simultaneously, saving millions.

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Drillers

MARCH 26, 2020

Managing Service Company Inventory Ensuring the system has no waste is an essential part of the optimisation process. It is essential to engage the team and in particular, the higher level Managers to ascertain the goals. This is an important final step in contract management.

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Rextag

OCTOBER 31, 2024

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. Despite low refining marginstrickier than an elaborate Halloween mazePhillips 66 managed to deliver a solid performance.

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Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.

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Oil & Gas 360º

MARCH 10, 2025

The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05

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Oil Gas Leads

MARCH 11, 2025

This leads to time-consuming efforts in reconciling expenses, tracking down missing invoices, and managing monthly billing sheets. Office teams and management, however, rely on these reports for decision-making and cost control. Often, costs are tracked manually, and invoice details are not consistently recorded in the DDR.

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Energy Central

OCTOBER 28, 2024

The Interior Department’s Bureau of Land Management last week (Oct. 24) gave a green light to a major new lithium mine on federal land, the Rhyolite Ridge Lithium-Boron mining project in southern Nevada’s Silver Peak Range in the Great Basin region between Reno and Las Vegas.

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Oil and Gas Investments

NOVEMBER 27, 2024

LOCATION-LOCATION-LOCATION The Autazes project is located along the Amazon Potash Basin, in NW Brazil, about 100 miles from the city of Manaus. The mine is expected to have a life of 23 years at this rate based on drilling only a VERY small portion of this potentially massive potash basin. Which is a BIG advantage!

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Valor

MARCH 10, 2025

In the Permian Basin, rig count declined by 1 to 3049 fewer than last yearwhile Eagle Ford added 1 rig to reach 49, though thats still 3 less than the previous year. 10, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. Read more U.S. per barrel (up 1.22%) and Brent at $70.41 per barrel (up 1.37%).

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Rextag

FEBRUARY 3, 2025

Texas Pacific Land surged last year on hopes that cheap Permian Basin gas would lure data centers, but on Monday, it fell 7.7%, while LandBridge tumbled 17%. This is really the first speed bump, said Tim Winter, a Gabelli Funds portfolio manager specialising in power and utility stocks. Pipeline giants Kinder Morgan and Williams Cos.

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Valor

FEBRUARY 11, 2025

The Permian Basin saw the largest increase, adding four rigs, highlighting the resilience of U.S. Analysts believe BP’s previous green strategy, initiated under former CEO Bernard Looney, led to underperformance, and the company is now under pressure from investors, including Elliott Investment Management. Read more U.S.

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Valor

FEBRUARY 3, 2025

Read more US drilling activity rises, led by Permian Basin surge Summary : The U.S. oil rig count increased by 6 to 582 in late January, driven by growth in the Permian Basin, which saw a gain of 5 rigs, reaching 303. 3, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. oil regions.

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Valor

JANUARY 27, 2025

This deal will enhance Diversified’s presence in the Permian Basin, a leading U.S. 27, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. Read more Diversified energy to acquire Maverick Natural Resources for $1.3 billion, including debt, marking its largest acquisition to date.

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Valor

FEBRUARY 17, 2025

Double Eagle controls over 95,000 net acres in the Midland Basin portion of the Permian Basin, making it one of the largest private equity holdings in the region. This move follows Diamondback’s recent $26 billion acquisition of Endeavor Energy Resources, reflecting its strategy to expand its presence in the Permian Basin.

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Crude Oil Futures

JANUARY 3, 2025

At present, Texas and New Mexico are the two states that make the largest contribution to the US crude stocks; Permian Basin, meanwhile, stands out as the biggest region that drives the growth of the US crude oil production.

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