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.

Basin 52

Basin Natural Gas Pipeline BCF 52

Novi

JULY 30, 2024

As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? Operators have limited tools to forecast these scenarios because of limitations in physical and statistical modeling unique to shale wells. Figure 3: Spacing and production in the Delaware Basin.

Basin 52

Basin Exploration and Production Oil 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. 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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Basin Completion Utilities Operator 52

Energy Central

MARCH 22, 2024

Impact of Gas Price Drop on Operators Henry Hub gas prices have witnessed a significant decline from their November peak of approximately $3.50 This drastic shift has prompted operators in major gas basins to respond by reducing rigs and, in some instances, voluntarily shutting down production.

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Operator Gas Basin 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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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.

Basin 52

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

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Basin Energy Energy Operator 59

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. Beginning operations in early October, the pipeline can transport up to 2.5

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Basin Gas BCF Pipeline 40

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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Basin Oil Natural Gas Barrel 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.

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Natural Gas Energy Energy Gas 130

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.

Exploration and Production 52

Exploration and Production Basin Operator Oil 52

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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Shutdown Basin Natural Gas Oil 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. ” 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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Midstream Pipeline Energy Energy 52

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

Capital Discipline Prioritizes Shareholder Returns : With free cash flow expected to exceed $100 billion in 2025, operators remain committed to dividends and buybacks, prioritizing shareholder value. ( Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine.

Energy 59

Energy Energy Natural Gas Oil 59

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. Fact: Hesss Guyana operations were so lucrative that some analysts called this deal the crown jewel of 2024. ExxonMobils Acquisition of Pioneer Natural Resources Value: $64.5

Oil 52

Oil Basin Gas Exploration and Production 52

Energy Central

JULY 1, 2024

According to the latest quarterly survey of oil and natural gas operators in the Permian basin, oil and natural gas production was “little changed.” ” The production indexes showed.

Oil 40

Oil Natural Gas Gas Basin 40

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.

Gas 52

Gas Oil Basin Operator 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. appeared first on Permian Basin Oil and Gas Magazine.

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

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Hydraulic Fracturing Oil Operator Basin 52

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.

Natural Gas 40

Natural Gas Gas Petroleum Basin 40

Energy Transfer

MARCH 12, 2025

But while were dazzled by its seamless operation, most of us overlook whats behind AI that makes it all possible. The pipeline will deliver natural gas from the Permian Basin to major markets and trading hubs throughout Texas. That unsung hero is energy and lots of it. Why Natural Gas?

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Natural Gas Energy Energy Gas 69

Rextag

JANUARY 21, 2025

With M&A activity accelerating, companies are securing inventory and refining their operations to meet future demand. shale sector is experiencing a robust wave of mergers and acquisitions (M&A) as companies seek to bolster inventory and scale their operations. CONSOLIDATION GAINS MOMENTUM AMID INVENTORY CONCERNS The U.S.

Oil 40

Oil Gas IT BBL 40

Aresco

MARCH 13, 2025

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. From predictive maintenance to real-time data analytics, AI solutions are revolutionizing how oil and gas companies operate, analyze vast amounts of data, and reduce risk across the board.

Oil 52

Oil Gas Exploration and Production Maintenance 52

Novi

MAY 31, 2024

The Road So Far – Looking Back on the Deal Our original analysis noted that Tellurian rock quality typically sat in the tier-2 to tier-3 category basin-wide, equating to our second and third machine-learning-derived rock quality quartiles. Basin-wide, however, ~$3.00/Mcf Basin differentials are assumed to be ~0.25/Mcf,

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Upstream BCF Basin Engineer 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.

Basin 52

Basin Completion Oil Operator 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 Mavericks operations currently yield an average of 77,000 barrels of oil equivalent per day.

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Energy Energy Basin Oil 40

Permian Basin Oil and Gas Magazine

MARCH 10, 2025

The shutdowns really provided the impetus for a lot of operators to get on track with a simple solution that was lightweight, easy, and cost-effective for them to run, he said. This is especially valuable in high-transaction environments like the Permian Basin, Elchitz observed. Some examples include: * Automating Routine Tasks.

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Field IT Shutdown Operator 59

Marcellus Shale Coalition

JANUARY 10, 2025

Of the water which is used, more than 90 percent is recycled and reused in future operations, according to annual state reporting. average profile has decreased by 32 percent , largely on account of the greater production share of gas from the (low emission) Appalachian basin, the report states. The emissions intensity of the 2020 U.S.

Natural Gas 52

Natural Gas Gas Basin Energy 52

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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Energy Energy Natural Gas Pipeline 52

Oil Gas Leads

MARCH 10, 2025

West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. Oklahomas drilling activity was unchanged at 49 rigs , reflecting stable operations in the region. Operators remain cautious , with many focusing on financial discipline rather than rapid expansion.

Oil 52

Oil Engineering Engineer Gas 52

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.

Exploration and Production 52

Exploration and Production Basin Completion Oil 52

Oil Gas Leads

MARCH 11, 2025

The Permian Basin continues to solidify its role as the driving force behind U.S. 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. oil and gas production.

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Midstream Pipeline Natural Gas Gas 52

Energy Transfer

FEBRUARY 12, 2025

This was primarily due to higher throughput and higher rates across our Gulf Coast and Mariner East pipeline operations and we also had strong NGL exports and increased profits from the optimization of hedged NGL inventory. This was offset by lower interruptible utilization, reduced rates on Panhandle and increased operating expenses.

Natural Gas 52

Natural Gas Energy Energy Pipeline 52

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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IT Field Basin Casing 59

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. The Permian Basin , one of the most productive oil fields in the U.S., For example, thermoelectric power plants rely on vast quantities of water for cooling systems.

Sustainable 52

Sustainable Sustainability Management Hydraulic Fracturing 52

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. However, this mapping will give us one function representing every well in the basin.

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Basin Oil Completion Casing 52

Rextag

DECEMBER 18, 2024

Expanded operations in Alaska and the North Sea, pushing the boundaries of deepwater exploration. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005. Big Impact: Downtime dropped by 30%, while safety soared as operators could predict failures before they happened.

Oil 52

Oil Exploration and Production Gas Hydraulic Fracturing 52