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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Rextag

JANUARY 21, 2025

Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,

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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. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production.

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Oil Gas Leads

MARCH 10, 2025

West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville.

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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. In fact, the No. 1 reason carbon emissions have decreased in the U.S. Methane emissions have also plunged. have fallen 44 percent since 2011. Also of note are advancements U.S.

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IBM: Oil & Gas

APRIL 27, 2021

At Wintershall Dea, we’re committed to digitization that improves our decision making and makes us more efficient, competitive and sustainable. When studying a particular exploration tract, we can ask questions like “What reservoir formations are in this basin?” ” and get an intelligent answer.

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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. Dual Benefits: Some operators even began capturing industrial CO emissions for reinjection, blending sustainability with production.

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Rextag

NOVEMBER 11, 2024

gas basins, rising LNG demand and domestic consumption growth is well-aligned to support long-term gas price improvements and sustained company growth. 2021 Bankruptcy and Rebirth Amid mounting debt and sustained low prices, Chesapeake filed for Chapter 11 bankruptcy.

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Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. 600 million in non-core asset sales , primarily in the Southern Delaware Basin.

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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. With CEO Wael Sawans focus on disciplined spending and sustainable returns, Shell has built a buffer against market volatility and is well-positioned to handle future frights.

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Oil Gas Leads

MARCH 3, 2025

Maintenance capital efficiency improvements ensure sustainable production growth. Conclusion: A Strong 2025 and Beyond Whitecap Resources enters 2025 with momentum, efficiency gains, and financial discipline , ensuring long-term sustainability and shareholder value creation.

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Oil Gas Leads

MARCH 11, 2025

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Heres a breakdown of how Energy Transfer is positioning itself for sustained growth and profitability in the evolving energy market.

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Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

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Valor

FEBRUARY 11, 2025

The Permian Basin saw the largest increase, adding four rigs, highlighting the resilience of U.S. Despite ongoing oil price fluctuations, the uptick reflects sustained investments in exploration and production capacity, with drillers continuing to expand operations in key shale regions like the Permian. Read more U.S. shale producers.

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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. million bpd, when the global production was 96.4

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