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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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Diversified Energy, FuelCell Energy, and TESIAC collaborate to form an acquisition and development company to leverage coal mine methane and natural gas for off-grid data center power projects

Oil & Gas 360º

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.

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Unlocking the power of data for sustainable water management with AWS

AWS: Energy (Oil & Gas)

Efficient water management is crucial for long-term sustainability and resilience. 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., In the U.S.

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From Wellhead to Water: How Midstream Companies Are Shaping the Future of Energy Exports

Oil Gas Leads

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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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

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

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Oil and Gas 2025: How Will Companies Navigate a Year of Transformation—and Why It Affects Everyone?

Rextag

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.

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U.S. Rig Count Dips Slightly After Five-Week Streak – Baker Hughes

Oil Gas Leads

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.

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