Remove 2024 Remove Basin Remove Upstream
article thumbnail

Enverus unveils 2024 Top 100 Private Operators: A New era of agility, innovation and strategic shifts

Enverus

Private capital is shifting to legacy basins, testing new zones, and leaning into gas plays that were once overlooked,” said Shawn Stuart, principal analyst at Enverus. The post Enverus unveils 2024 Top 100 Private Operators: A New era of agility, innovation and strategic shifts first appeared on Enverus. Learn more at Enverus.com.

Operator 130
article thumbnail

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

Oil & Gas 360º

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. Producers last month also paid $227 million to the state in natural gas production taxes, up 26 percent from May 2024.

Gas 130
Insiders

Sign Up for our Newsletter

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

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. GW of Permian Demand According to analysis from Rystad Energy, the Permian Basin’s current 7.5 What It Means for the Future The Permian Basin is no longer just an engine of oil production—it’s becoming a permanent high-load demand center for the Texas grid.

Basin 52
article thumbnail

Permian Basin growth fuels ExxonMobil’s quarterly success

Oil & Gas 360º

billion in the first quarter of 2024. billion for the same period of 2024. Upstream earnings increased by $1.1 The other supermajor, Chevron, also reported its Q1 earnings today, meeting analyst expectations as its refining business returned to profit from a loss in the fourth quarter of 2024. billion, down from $8.2

Basin 130
article thumbnail

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. Ahara marks QatarEnergy’s entry into Algeria’s upstream sector, QatarEnergy said separately.

article thumbnail

Upstream Production Report: 2022 vs. 2023 vs. 2024 – Main Basins, Operators, Oil vs. Gas

Rextag

This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. in 2024. in 2024 , indicating a return to growth. State Oil (MMBBL) Gas (BCF) Texas 1,240 MMBBL 1,377 BCF New Mexico 493 MMBBL 391 BCF Pennsylvania 2.41 in 2023 , then increasing by 1.3%

Basin 59
article thumbnail

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. Liquids” includes crude oil and NGLs.