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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. Since the end of 2022, absolute emissions have declined by 55.2 ” Closing Bell Story‎ Exploration & Production (E&P) Featured Natural Gas United States methane emissions Permian Basin

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Methane Emissions Intensity of Permian Basin Declined by More than Half in Two Years, New S&P Global Commodity Insights Analysis Finds

BOE Report

New analysis provides the most accurate public, basin-wide estimate of methane emissions for the Permian HOUSTON, July 24, 2025 /PRNewswire/ — The methane intensity of oil and gas production in the Permian Basin—an area responsible for half of U.S.

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EIA expects decline in U.S. production this year from previous forecast

Permian Basin Oil and Gas Magazine

million b/d in 2022, 12.93 production this year from previous forecast appeared first on Permian Basin Oil and Gas Magazine. On an annual basis, we now forecast crude oil production will average 13.37 million b/d in both 2025 and 2026.” production of crude oil was 11.99 million b/d in 2023 and 13.21 million b/d in 2024.

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EOG Resources Acquires Encino for $5.6B, Expands Premier Utica Shale Position

Rextag

Post-acquisition, EOG becomes one of the largest producers in the Utica, with pro forma daily production of 275,000 Boe. “This acquisition creates a third foundational play for EOG alongside the Delaware Basin and Eagle Ford, enhancing the quality, scale, and resilience of our multi-basin portfolio,” said Ezra Y.

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The First Oil Well in the World – Bibi Heybat

Aresco

Related Blogs Permian Basin Oil History Permian Basin Discovery Great News for Texas Who Were the Top Oil Producing Countries in 2022? The first oil well in the world wasn’t just a hole in the ground – it was the beginning of an era.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Sources are cited in brackets.

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TotalEnergies, QatarEnergy Win Exploration License in Algeria

Rigzone

The Ahara license, awarded under the North African country’s 2024 bidding round, sits at the “intersection of the prolific Berkine and Illizi Basins”, TotalEnergies said in a press release. percent) and the Ourhoud and El Merk oil fields in the Berkine basin located in Blocks 404a and 208 (12.25 TotalEnergies owns 26.4