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What’s New: Mach Enters Permian, San Juan Basins With $1.3 Billion in Deals

Rextag

These acquisitions will give the Anadarko Basin-centered independent producer its first significant footholds in the Permian and San Juan basins, through the purchase of assets from Sabinal Energy and entities managed by IKAV Energy. Mach Natural Resources has signed two definitive agreements totaling $1.3

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

Permian Basin Oil and Gas Magazine

Energy Information Administration, driven by growth in tight oil production in Permian Basin. Permian Basin accounted for 65 percent of all tight oil production growth and 51 percent of lower 48 oil production in 2024. After 2020, production in Permian Basin increased at a faster pace than production outside the Permian.

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Texas Supreme Court rules produced water belongs to mineral lessee

Permian Basin Oil and Gas Magazine

In 2019 and 2020 the Colliers signed “produced water lease agreements” with Cactus Water Services, conveying produced water to Cactus. The post Texas Supreme Court rules produced water belongs to mineral lessee appeared first on Permian Basin Oil and Gas Magazine.

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Upstream M&A hits the brakes, slowing to $14 billion

Enverus

The lack of breadth in deal markets was reflected in the count of transactions over $100 million with just eight deals topping that benchmark, a tie for the lowest total since 2020. EOG supercharged its exposure to the Utica liquids window, adding it as a third pillar of the company’s business along with the Delaware Basin and Eagle Ford.

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24 Fewer Rigs in West Texas: A 2025 Slowdown in the Permian

Oil Gas Leads

drilling activity has been on a steady decline throughout 2025, with the Baker Hughes rig count falling for the 11th consecutive week — the longest losing streak since the early pandemic-era collapse in 2020. Impacts on the Permian Basin The Permian Basin , which includes the Midland sub-basin in West Texas, remains the most active U.S.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

2 Total 2020 emissions are based on the EU Emissions Trading System (ETS) 2020, considering only industry emissions. Since 2020, EU ETS allowance prices have increased from €25/ton CO 2 to approximately €60 to €80/ton today. billion between 2020 and 2030 for decarbonization projects, with €3.1 billion in 2024.

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CNX Resources Q2 2025: A Masterclass in Operational Efficiency

Oil Gas Leads

Appalachian Basin Operator Account Directory – $10 Purchase Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. billion since launching its seven-year plan in 2020. Since its 2020 peak share count, CNX has retired 89 million shares—about 40% of its float—at a remarkably efficient average price of $18.01.