Oil & Gas 360º

JUNE 18, 2025

We anticipate a shift in the global exploration and production market, with offshore basins expected to play an increasing role in global oil production. Talos will invest in high-margin organic projects, complemented by disciplined, accretive bolt-on acquisitions in deepwater basins, which will enhance production and profitability.

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Exploration and Production Energy Energy Offshore 130

Permian Basin Oil and Gas Magazine

JUNE 20, 2025

A graduate of Midland High School and University of Texas, Craddick said in March she will be a candidate for Texas comptroller in elections in 2026. The post Wright succeeds Midland’s Craddick as chair of Railroad Commission appeared first on Permian Basin Oil and Gas Magazine.

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Basin Management Energy Energy 59

Oil Gas Leads

MAY 29, 2025

The layoffs, scheduled to take effect on July 15, 2025 , are part of a broader plan to reduce the companys global workforce by up to 20% by the end of 2026. Follows a prior notice of 600 layoffs in California , effective June 1, 2025.

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Basin Operator Oil Gas 96

Permian Basin Oil and Gas Magazine

JUNE 5, 2025

The post Permian People June 2026 appeared first on Permian Basin Oil and Gas Magazine. WhenUSA Compressionacquired CDM in 2018, he transitioned into the Regional Vice President of Operations role, where he led thePermian Basinbusiness unit.

Natural Gas 52

Natural Gas Operator Midstream Refinery 52

Rigzone

JUNE 11, 2025

Image by Daniel S Ragnarsson via iStock OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026.

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Exploration Well Energy Energy Oil 70

Oil & Gas 360º

MARCH 10, 2025

mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026. The company also strives to unlock the potential of the Orange Basin.

E&P 130

E&P Exploration and Production Oil Field 130

Permian Basin Oil and Gas Magazine

MAY 6, 2025

Dallas-based Vaquero Midstream, natural gas gathering and processing midstream company operating in the Delaware Basin, said last week it will expand its existing gathering system in west Texas. Its expected to be in service by March 2026. At the cryogenic processing plant, expansion will increase processing capacity to 600 MMcfd.

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Basin Pipeline Gas Midstream 52

Oil Gas Leads

JUNE 11, 2025

These areas are cornerstones of the Delaware Basin, where associated gas volumes continue to surge alongside crude output. Vaquero, with backing from Yorktown Partners, aims to execute swiftly on both the loop and plant, targeting in-service by end of 2025 for the pipeline and March 2026 for the plant. gas markets.

Pipeline 52

Pipeline Midstream Basin Gas 52

Oil Gas Leads

APRIL 30, 2025

Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.

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Midstream Pipeline Basin Engineering 52

Rigzone: News

JANUARY 30, 2025

The wells are planned to supply the proposed Shenandoah South Pilot Project, which is expected to produce 40 million cubic feet of natural gas a day with production expected to start mid-2026.

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Basin Natural Gas Gas 52

Rigzone

JUNE 20, 2025

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

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Exploration and Appraisal Exploration and Production Field Basin 62

Offshore Engineer

APRIL 25, 2025

Chevron is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027, the U.S. oil major said on Thursday.Chevron Namibia

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Exploration Well Basin Oil 55

Rigzone

JUNE 10, 2025

In March XRG said it had completed the purchase of Galp Energia SGPS SA’s 10 percent stake in the Area 4 concession in Mozambique’s Rovuma Basin. ADNOC and OMV expect to complete the Borealis-Borouge combination and the NOVA Chemicals acquisition in the first quarter of 2026.

Gas 95

Gas Natural Gas Exploration and Production Completion 95

Oil Gas Leads

MARCH 8, 2025

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. As our G&P volumes grow, well be able to fill in the expansion capacity that comes online at the end of 2026 with EPIC, Baldridge added. energy production. It really gives us room to continue to grow our G&P footprint.

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Basin Midstream Pipeline Oil 52

Permian Basin Oil and Gas Magazine

JUNE 3, 2025

recently said its ProPwr division secured its first contract to commit 80 megawatts of power generation for an exploration and production operator in Permian Basin. ProPetro said May 20 that asset deployment is scheduled to begin in 2025 third quarter and continue through 2026. Midland-based ProPetro Holding Corp.

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Exploration and Production Basin Utilities Field 52

Oil & Gas 360º

APRIL 29, 2025

billion towards the expected capital expenditure for the LNG project on an accelerated basis, contributing 75% of capital expenditure in both 2025 and 2026. Completion of the transaction is expected to occur in 2026). 2 The forecast total capital expenditure for the LNG project, pipeline and management reserve is US$17.5

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Completion Pipeline Operator Management 130

Permian Basin Oil and Gas Magazine

MARCH 11, 2025

BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. It currently is being expanded to 300,000 b/d by second half 2026. Maryann Mannen, president and CEO, said Feb. Maryann Mannen, president and CEO, said Feb. Closing is expected in July.

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Pipeline Basin Natural Gas Barrel 52

Permian Basin Oil and Gas Magazine

MARCH 21, 2025

The 73-year-old senator, who is expected to face an opponent in the 2026 Republican primary, told the Odessa American that reducing regulations will be a primary part of his upcoming campaign. Cornyn visits Diamondback production site to view Champion X system appeared first on Permian Basin Oil and Gas Magazine. The post Sen.

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Basin Field Oil Gas 59

Rextag

OCTOBER 29, 2024

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.

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Basin Gas BCF Pipeline 40

Oil Gas Leads

APRIL 30, 2025

With key infrastructure positioned in the Haynesville and Appalachian basins, DTM is leveraging its high-quality assets and strong contract profile to support future LNG-driven expansion. Bcf/d Come online in 1H 2026 Be supported by new long-term contracts with LNG-linked customers DTMs broader $2.3

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Midstream BCF Basin Pipeline 52

Enverus

APRIL 23, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar.

Upstream 162

Upstream E&P E&A Natural Gas 162

Oil Gas Leads

APRIL 22, 2025

April 22, 2025 In a strategic move to reinforce financial resilience and enhance shareholder returns, Devon Energy has unveiled a comprehensive business optimization plan targeting $1 billion in annual pre-tax free cash flow improvements by the end of 2026.

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Basin Energy Energy Operator 64

Permian Basin Oil and Gas Magazine

MAY 30, 2025

Chevron said in February it plans to reduce its global workforce by 15 to 20 percent (6,750 to 9,000 individuals) by the end of 2026. Permian Basin has provided a primary part of Chevrons production growth in recent years. Layoffs are expected to occur by July 15. Chevron employed 45,298 people worldwide at the end of 2024.

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IT Basin Oil Barrel 52

Oil & Gas 360º

APRIL 28, 2025

(Nasdaq: PROP) (the Company or Prairie) an independent energy company engaged in the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin today announced it is beginning completions of nine previously drilled but uncompleted (DUC) wells acquired in the recent Bayswater transaction.

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Completion Operator Hydraulic Fracturing Natural Gas 130

Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. MMBbl/d, maintaining stable levels through 2026.

Basin 40

Basin Oil Gas Exploration and Production 40

Rigzone

JUNE 16, 2025

“Compare that to the two to three years, if that, to execute this task in other established basins,” Meanwhile, DNO said it has maintained production from its flagship Tawke at about 80,000 boepd “with minimal new investment," while its Côte d’Ivoire gas assets steadily produce over 3,000 boepd net to the company.

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Energy Energy Exploration and Production Field 67

Oil & Gas 360º

MAY 12, 2025

The Barnett Zero Project in North Texas has sequestered over 200,000 tons of CO 2 equivalent since start up in November 2023, and the Eagle Ford Project in South Texas is forecasted to achieve an initial injection in the first half of 2026, subject to receipt of all required permits and execution of necessary definitive agreements.

Utilities 130

Utilities Operator Pipeline Management 130

Permian Basin Oil and Gas Magazine

MAY 23, 2025

million b/d in 2026 for a decline of 130,000 b/d. crude oil production next year appeared first on Permian Basin Oil and Gas Magazine. A combination of slowing global oil demand fueled by uncertainty over U.S. trade and a coming supply surplus will curtail U.S. total production for 2025 is expected to average 13.46

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Crude Oil Oil Basin Barrel 45

Permian Basin Oil and Gas Magazine

MARCH 21, 2025

is underpinned by long-term commitments and more than 165,000 dedicated acres from several Permian Basin producers. Completion of Phase I will increase total treating capacity to 200 million cfd, and Northwind will further expand capacity to 400 million cfd by 2026. appeared first on Permian Basin Oil and Gas Magazine.

Natural Gas 52

Natural Gas Midstream Gas Basin 52

Oil Gas Leads

MARCH 11, 2025

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.

Energy 52

Energy Energy Basin Pipeline 52

Oil Gas Leads

MAY 7, 2025

miles Valid Through: July 31, 2026 Counties Covered: Calhoun, Jackson, Nueces, Refugio, San Patricio, Victoria, Wharton Who Is Traverse Pipeline, LLC? Traverse Pipeline, LLC is a key developer in Texas’ expanding gas infrastructure landscape.

Pipeline 52

Pipeline Gas Basin Midstream 52

Oil & Gas 360º

JUNE 3, 2025

existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% at closing at strip pricing and decreasing thereafter; near-term net debt target of $1.5 mboe/d) Approximately 16.1

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Royalty Energy Energy Basin 130

Oil Gas Leads

MAY 28, 2025

Project Overview: Hugh Brinson Pipeline The Hugh Brinson Pipeline, previously referred to as the Warrior Pipeline, is designed to transport natural gas from the Permian Basin to key downstream markets in Texas and Louisiana. Target Operational Date : Q4 2026. Phase I : A 42-inch mainline capable of moving 1.5 Bcf/d of gas.

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Pipeline Natural Gas BCF Consulting 52

Oil Gas Leads

APRIL 21, 2025

Key projects include the Narrows Lake tie-back, expected to achieve first oil by mid-2025, and the Foster Creek optimization project, which is progressing towards its 2026 startup Cenovus Energy. This growth is underpinned by significant capital investments, with a planned expenditure of $4.6 billion to $5.0 billion in 2025.

Energy 52

Energy Energy Basin Operator 52

Rigzone

JUNE 18, 2025

Train 6 is being developed inside the existing levee at the Rio Grande LNG facility site and adjacent to Trains 1 through 5, the company said, adding that it expects to pre-file an application with FERC for Train 6 within the year and a full application with FERC in early 2026.

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Finance Natural Gas Gas Energy 62

Oil Gas Leads

MAY 10, 2025

Notably, Permian Basin production rose 12% year-over-year , despite rig count pressures. Our resilient portfolio, strong balance sheet, and consistent focus on capital and cost discipline position us to deliver industry-leading free cash flow growth by 2026.

Basin 52

Basin Operator Completion Midstream 52

Rextag

MAY 5, 2025

Ballymore is an example of how we are leveraging technology and driving efficiencies to help produce affordable, reliable energy from the deepwater Gulf of America, one of the lowest carbon intensity oil and gas producing basins in the world, said Brent Gros, Vice President of Chevron Gulf of America. owning the remaining 40%.

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Barrel Exploration and Production Offshore Basin 52