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Permian Basin drives growth in tight oil production in U.S. onshore lower 48

Permian Basin Oil and Gas Magazine

lower 48 states has more than tripled since January 2010, according to U.S. Energy Information Administration, driven by growth in tight oil production in Permian Basin. million b/d in 2010 to 2.1 Permian Basin accounted for 65 percent of all tight oil production growth and 51 percent of lower 48 oil production in 2024.

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Exxon vs. Chevron battle sets stage for oil industry’s race for prize assets: Bousso

Oil & Gas 360º

Chevron had an early advantage given its ownership of large swathes of land in the Permian basin, the shale heartland. But Exxon regained ground in 2010 with its $41 billion acquisition of natural gas producer XTO. In the past decade, the two majors have competed fiercely for dominance in U.S.

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Permian People: Movers and Shakers

Permian Basin Oil and Gas Magazine

The Permian Basin’s hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. During his multi-decade career at Pioneer, Hall held leadership roles overseeing development and operational strategy in multiple regions, including the Eagle Ford and Permian Basin.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Spain has transposed the European Carbon Capture and Storage Directive under Law 40/2010, but has yet to include a clear permitting process. 22 “Law 40/2010, of December 29, on geological storage of carbon dioxide,” Official State Gazette, Spain, December 31, 2010. Mtpa of CO 2 storage.

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Permian Basin Drives 80% of U.S. Tight Oil Boom Since 2010

Oil Gas Leads

Over the past 15 years, the Permian Basin has transformed the landscape of U.S. A new government report highlights the Permians dominant role in driving a historic surge in Lower 48 onshore outputmore than tripling since 2010. Onshore Oil Production Trends (20102024) Metric 2010 2024 % Change Total Onshore L48 Production 3.4

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Colombia’s GeoPark appoints Felipe Bayon as its new CEO

Oil & Gas 360º

He is a proven and disciplined dealmaker who brought Ecopetrol into the unconventional Permian basin in the U.S. including his tenure as CEO of Pan American Energy , one of the leading private hydrocarbon producers in Argentina, from 2005 to 2010. in partnership with Oxy a project that grew from 0 to ca. and the U.K.,

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EPA Releases Final Rule Requiring Oil and Gas Sources to Report Emissions of Greenhouse Gases

The Energy Law

Moreno On November 8, 2010, the U.S. The original Subpart W rule for petroleum and natural gas facilities was proposed in March 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. By Carlos J.