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.

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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. An operator seeking to expand into such an area must deal with higher uncertainty, whether through machine learning or any other forecasting method.

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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 appeared first on Permian Basin Oil and Gas Magazine.

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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.

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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 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. It solidifies Rings position as a leading conventional Permian consolidator while strengthening the operational and financial base.

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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. Fourth quarter production was 171,300 barrels of oil per day (368,400 boed).

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Energy Central

JULY 1, 2024

The second quarter of 2024 saw slight shifts in oil and natural gas activity, but major changes are looming on the horizon, according to new data from the Dallas Federal Reserve Energy Survey. ” The production indexes showed.

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NIOSH Science: Oil & Gas

APRIL 10, 2015

On May 19th, 2014, NIOSH posted a Science blog titled Reports of Worker Fatalities during Flowback Operations. The four workers were employed in the Williston Basin of North Dakota and Montana.

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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. So, while you sip your cocoa and enjoy the holiday glow, lets dive into the most impactful oil and gas deals of the yearcomplete with a festive bow and a little extra surprise at the end.

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Permian Basin Oil and Gas Magazine

MARCH 1, 2025

oil and gas sector trends in 2025. Here are some trends that Jeff Robertson, Managing Director at Water Tower Research , identifies as key forces shaping the oil and gas landscape next year. (1) Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine.

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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.

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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. and DANBURY, Conn.

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Energy Central

AUGUST 31, 2022

The past several years have been challenging for Colorado oil and natural gas companies who are working to comply with stiff new regulations and surging demand following pandemic shutdowns, but the fundamentals of the Denver-Julesburg Basin remain strong. When has the DJ been uneconomic?”

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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? 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.

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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. With M&A activity accelerating, companies are securing inventory and refining their operations to meet future demand. Currently, at $2.75/MMBtu,

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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. 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.

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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.

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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? The El Paso Court of Appeals , in the recent case of Cactus Water Services LLC v.

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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.

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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.

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Basin Exploration and Production Operator Oil 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. The leases also required DBR to commence drilling operations within the primary term of three years.

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The Energy Law

NOVEMBER 18, 2010

One of the more controversial requirements in the proposed rule, the “basin-level” definition of an onshore production facility, remains largely unchanged in the final rule. EPA did include language that explicitly limits the basin-level definition to the GHG Reporting Rule.

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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?

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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.

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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. The leases also required DBR to commence drilling operations within the primary term of three years.

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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. 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. Upscaling Without Added Staff.

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AWS: Energy (Oil & Gas)

NOVEMBER 9, 2024

Focus on water-intensive industries: Certain industries, such as power generation, oil and gas extraction, and utility operations, are particularly water-intensive. Similarly, hydraulic fracturing in the oil and gas sector requires significant water volumes. The Permian Basin , one of the most productive oil fields in the U.S.,

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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. Enterprise Products Partners LP , a leading midstream operator, is taking a strategic approach to expansion , focusing on pipeline investments, LNG and LPG exports, and securing fee-based revenue to ensure long-term stability.

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Valor

FEBRUARY 24, 2025

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

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Barrel Energy Energy Oil 52

Novi

AUGUST 7, 2024

These trends, showing rising production with tighter spacing, stem from operator decision making to downspace and increase completion intensity in higher quality rock. This model uses 11,176 horizontal wells in the Delaware Basin with the following characteristics (Figure 1), and the following input variables: Figure 1.

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Novi

OCTOBER 14, 2024

For the causal relationship between well spacing and oil production, I would like to have a way to remove the influence of rock quality from the amount of oil produced, and from the operators decision about how to space wells. A model that attempts to forecast oil production using only geological information.

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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. Congratulations to our employees for their unwavering commitment to achieving operational excellence day in and day out. Also invested $1.6

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Permian Basin Oil and Gas Magazine

MARCH 1, 2025

They also must increase the length and power of their tools to help make the oil flow. Nick Pottmeyer is President of Completion Tools Operations for the company, and Joe Huwel is President of Cementing and Coiled Tubing. No oil and gas drillers allowed, at least not on the surface.

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Permian Basin Oil and Gas Magazine

MARCH 6, 2025

Repetition is our friend at times in operations and in safety. The post Keep It Fresh, Keep It Relevant appeared first on Permian Basin Oil and Gas Magazine. Ask them if they learned anything new about an old topic. Youd be surprised at the responses you get. Repetition is one of the mainstays in our industry.

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Novi

OCTOBER 22, 2024

In part 2 , we created a data-driven model using 11,176 wells from the Delaware Basin and features representing geology, completion intensity, spacing, and timing. Figure 3: Location of test pad in the Delaware Basin, Lea County. Figure 4: Winerack scenarios for Delaware Basin test pad.

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IBM: Oil & Gas

APRIL 27, 2021

This helps them to make better and faster decisions in the intense competition for gas and oil exploration contracts. Interested in solutions for oil and gas? Plus, especially in early exploration, it exists predominantly in unstructured sources such as reports, presentations, spreadsheets and operational logs.

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