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Executive Summary: Williston Basin Operator Activity (2023–2025) The Williston Basin remains a critical component of U.S. This report profiles 36 active operators —each of which has spud at least one new well since 2023 —providing a detailed look at production volumes, drilling activity, core acreage, and strategic focus.
producers slowing their drilling and completion activity this year. million b/d in 2023 and 13.21 production this year from previous forecast appeared first on Permian Basin Oil and Gas Magazine. Energy Information Administration reduced its forecast for crude oil production this year. As a result, we forecast U.S.
New well permit activity in the Permian Basin is showing signs of a notable pullback in 2025. Permian Resources Minor activity reduction; fewer well completions planned due to capex discipline. Oil price uncertainty : Crude prices have softened from 2023 highs, leading to tighter drilling budgets. That’s a 15.9%
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. Liquids” includes crude oil and NGLs.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, MOL Form CO2 Transport JV by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 4:35 AM EST The partners already completed the front-end engineering design for a 62,000-cubic-meter LCO2 transport vessel. and Mitsui OSK Lines Ltd.
While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. Here’s a structured summary and analysis of the latest U.S. bpd (2024) → 13.4M Bcf/d in 2025 from 103.2
Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. acquired Pintail Alternative Energy, aka Pintail Completions, aka Pintail Wireline. And sometimes it comes from ripple effects of mergers, acquisitions, and other consolidation activity.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
Appalachian Basin Operator Account Directory – $10 Purchase Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. The company drilled three deep Utica wells with an average lateral length of 11,100 feet in just 36 days—representing a 46% improvement over 2023. billion since launching its seven-year plan in 2020.
âETS database v51,â European Environment Agency, May 2023. 2 âCommission decision (EU) 2023/1575 of 27 July 2023 on the union-wide quantity of allowances to be issued under the EU Emissions Trading System for 2024,â Official Journal of the European Union , July 31, 2023. â European Commission, January 2023.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
Its role as an anchor tenant in the Bakken ensures basin-wide stability and investor confidence. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
drilling activity continued to decline last week, marking the sixth consecutive weekly drop in the national rig count—something not seen since late 2023. Several major basins, including the Permian and Eagle Ford, recorded new lows. June 9, 2025 U.S. Here is a summary of the U.S. million bpd (record) 2025: 13.4
While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. million in 2023-24 and an FBI task force estimating $300,000 is lost monthly in stolen tools and pipes.
The Pennsylvania Oil Companies Directory is a compiled directory of oil & gas companies operating in PA that focus on the Appalachian basinBasin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Account Name – Name of the company or entity.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
Higher production in Western Australia was offset by flood impacts in the Cooper Basin. The field had already stopped supplying natural gas to Darwin LNG late 2023 due to depletion but Santos said in 2024 Bayu-Undan would continue sending gas to Australia’s Northern Territory until the end of that year.
The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. Spanning over 640 miles with a 1.5 midstream infrastructure. miles Current Permitted Mileage (2024): 521.71
Higher production in Western Australia was offset by flood impacts in the Cooper Basin. The field had already stopped supplying natural gas to Darwin LNG late 2023 due to depletion but Santos said in 2024 Bayu-Undan would continue sending gas to Australia’s Northern Territory until the end of that year.
The North Dakota Oil Companies Directory is a compiled directory of oil & gas companies operating in ND that focus on the Williston Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Permian Wells Drilled 2023 – Number of wells drilled in 2023.
According to the latest Baker Hughes report, oil rigs experienced the steepest single-week decline since June 2023, falling by nine to 480. The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. April 14, 2025 The U.S. million bpd ( from 6.57 million bpd ( from 6.57 oil-producing region.
The Midland Basin Oil Companies Directory is a compiled directory of oil & gas companies operating in West Texas that focus on the Midland Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Account Name Name of the company or entity.
The Delaware Oil Companies Directory is a compiled directory of oil & gas companies operating in the Texas & New Mexico that focus on the Delaware Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Account Name Name of the company or entity.
EIA said March 4 the decline was concentrated in Haynesville and Appalachia, where gas rigs declined by a combined 34 percent during 2023 (43 rigs) and 24 percent in 2024 (21 rigs). The decline coincides with record-low natural gas prices for most of 2024 and the wider adoption of advanced drilling and completion technologies.
Ring is in the process of bolting on central basin platform assets from Lime Rock and is divesting expensive, non-core vertical wells. Ring drilled 5 horizontal wells and 4 vertical wells and completed 10 wells with all drilling and completion activity occurring in central basin platform.
The marketing opportunities Louisiana LNG offers across the Pacific and Atlantic Basins leverages Woodsides proven LNG marketing capabilities and complements our established position in Asia. LNG project to go to final investment decision since July 2023. Completion of the transaction is expected to occur in 2026).
The Haynesville Shale Oil Companies Directory is a compiled directory of oil & gas companies operating in East Texas & Louisiana that focus on the Haynesville Shale Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? 2023 Production: ~6.0 We analyze major U.S. 2024 Production: 6.3
The Oklahoma Oil Companies Directory is a compiled directory of oil & gas companies operating in Oklahoma that focus on the Anadarko Basin, one of the most prolific oil and gas-producing regions in the United States. Purchase Complete Directory – Only $10.00 Wells Drilled US 2023 Total wells drilled in the US 2023.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City, and Shanghai.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. London, Mexico City and Shanghai. www.vitesse-vts.com
In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. SM Energys Drilling Trends: January 2023 to May 2025 Using public drilling data for SM Energy wells in Texas, we grouped spud activity by month from January 2023 onward.
The three officials said in the report March 24 that two factors account for expansion of production on federal lands greater well productivity and an increasing number of completions. The post Most oil production in New Mexico comes from wells on federal lands appeared first on Permian Basin Oil and Gas Magazine.
Continental Resources produced 639,733 barrels of oil equivalent per day (boepd) in 2024, and had a well count of 5,055 and 21 active rigs, the complete list revealed. In 2023, Continental Resources ranked first, Mewbourne Oil was fourth, Aethon Energy was third, Ascent Resources LLC was second, and Hilcorp was sixth, the list highlighted.
This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023. This was up 13% over 2023 and was a partnership record. billion, which was up 10% over 2023 and was also a partnership record. billion for the fourth quarter of 2023. billion for the fourth quarter of 2023.
natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. Haynesville Basin: The Right Time to Ramp Up The Haynesville Basin, located in eastern Texas and northwestern Louisiana, has long been a critical natural gas-producing region. BP is doubling down on its U.S. This growing demand for U.S.
Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S. bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9
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