Remove 2024 Remove Basin Remove Midstream
article thumbnail

Pipeline Acquisition Alert: WBI Midstream Expands Texas Footprint with 116-Mile System from Enerfin

Oil Gas Leads

June 2025 WBI Midstream LLC, a subsidiary of WBI Energy and part of the MDU Resources Group, has officially acquired the Longhorn Gathering & Transmission System from Enerfin Resources II-92 , adding a strategic 116-mile pipeline footprint across Archer, Clay, and Wichita Counties in Texas. What’s Included in the Deal?

article thumbnail

Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Meet the Millennial CEOs Shaking Up the Permian Basin

Oil Gas Leads

Led by co-CEOs Will Hickey and James Walter—both under 40—Permian Resources has quickly become the largest pure-play producer in the Delaware Basin, proving that bold strategy and disciplined execution still win in a volatile market. It’s now the largest pure-play oil company in the Delaware Basin (Texas/New Mexico). 1762 in 2025.

Basin 52
article thumbnail

The Power Behind the Boom: How Permian Basin Electrification is Reshaping U.S. Energy Demand

Oil Gas Leads

The Permian Basin is best known as the beating heart of U.S. Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. GW of Permian Demand According to analysis from Rystad Energy, the Permian Basin’s current 7.5

Basin 52
article thumbnail

You're Gonna Go Far - EPIC Crude Pipeline, Poised for Growth

RBN Energy

The EPIC Crude Pipeline, which stretches from the prolific Permian Basin in West Texas to Corpus Christi, has operated above its original nameplate capacity for more than a year, with volumes rising in recent months. Owner EPIC Midstream in April sold its NGL pipeline to Phillips 66 for $2.2

article thumbnail

New Era Helium receives approval for approximately 120 miles of rights-of-way to support midstream business unit and responsibly sourced gas initiatives within the Pecos Slope, Permian Basin

Oil & Gas 360º

With this new infrastructure, NEH Midstream LLC, New Era Heliums wholly owned subsidiary, aims to minimize methane emissions, positioning its production for RSG certification and enhancing the value of its helium as RSH , a designation trademarked by the Company. (Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc.

Midstream 130
article thumbnail

Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two midstream companies, one in the gasoline stations with convenience stores category, one petroleum refinery company and one oil and gas operator. million bpd in 2024, 2 percent more than the previous record set in 2023.

Gas 130