Permian Basin Oil and Gas Magazine

MAY 2, 2025

Phillips 66 said April 25 that the location of the new plant will allow for gathering and processing of feedstock from the Delaware and Midland basins. Iron Mesa is scheduled for startup in first quarter 2027. The post Phillips 66 to build new gas processing plant in Ector County appeared first on Permian Basin Oil and Gas Magazine.

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Gas Basin Natural Gas Operator 59

Oil Gas Leads

MAY 17, 2025

2025 Guidance: Q2: 180 Mboe/d (impacted by Tucker turnaround) Full Year: 150160 Mboe/d CapEx reduced to $1.2B (from $1.35B) Long-Range Plan: Grow to 195 Mbbls/d by 2031 (8% CAGR) Focused on brownfield expansions (Cold Lake, Lloydminster) Lindbergh Phase 2 deferred to 2027 Hardisty Rail Terminal Acquisition: $45M deal, servicing 80% of W.

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Oil Basin Operator Gas 52

Oil Gas Leads

MAY 7, 2025

What This Means for Texas The RRCs approval paves the way for: Increased takeaway capacity from the Permian Basin and South Texas Improved access to LNG export hubs , Gulf Coast refineries , and growing power demand centers A stronger, more interconnected Texas pipeline network The project is expected to be in-service by 2027 , pending additional regulatory (..)

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Pipeline Gas Basin Midstream 52

Oil Gas Leads

JUNE 5, 2025

According to Occidental Petroleum CEO Vicki Hollub, unless the industry embraces artificial intelligence and carbon capture technologies on a larger scale, domestic oil output could hit a production plateau as early as 2027. Want to track companies investing in carbon capture, AI, and enhanced recovery in the Permian Basin?

Oil 52

Oil Basin Exploration and Production Operator 52

Oil Gas Leads

MAY 11, 2025

production would peak between 2027 and 2030. We expect to hold [DJ Basin] production at a plateau around 400,000 barrels per day through the end of the decade. He adds: Were picking pennies up now The marginal barrel in the U.S. is just not being produced today. Its looking like that peak could come sooner.

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Sustainable Sustainability Oil Basin 52

Oil Gas Leads

MARCH 14, 2025

The first phase of this initiative will involve the delivery of seven GE gas-powered turbines, expected to begin providing power in 2027. Chevrons history of deploying behind-the-meter power solutions in remote oil and gas operations, such as the Permian Basin, makes this a natural expansion of its expertise.

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Natural Gas Gas Basin Oil 52

Egypt Oil & Gas

MARCH 17, 2025

Wenchang 19-1 Oilfield Phase II Project is located in the western part of the Pearl River Mouth Basin, with an average water depth of approximately 125 meters. The project is expected to achieve a peak production of approximately 12,000 boe/d in 2027. It has 13 development wells are planned to be put into production.

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Field Associated Gas Crude Oil Gas 52

Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

Exploration and Production 40

Exploration and Production Field Upstream Gas 40

Oil Gas Leads

MARCH 11, 2025

The Permian Basin continues to solidify its role as the driving force behind U.S. Expansion of sour gas treating facilities in the Delaware Basin. As drilling intensifies in the Delaware Basin , the ability to handle high-sulfur gas efficiently will be a key differentiator in the midstream market. oil and gas production.

Midstream 52

Midstream Pipeline Natural Gas Gas 52

Rextag

JANUARY 27, 2025

Bcf/d and is set to commence operations in the first quarter of 2027, pending regulatory approvals. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub. Bcf/d Matterhorn Express pipeline, which achieved record-breaking capacity fill rates in the Permian Basin. The pipeline will have a capacity of 1.5

Natural Gas 40

Natural Gas Pipeline BCF Gas 40

Rextag

MAY 8, 2025

New Discoveries and Project Highlights BP delivered on exploration with six new discoveries across global basins: In the US Gulf of America , BP made a Miocene oil discovery at the Far South prospect in Green Canyon Block 584, 120 miles off Louisiana. shale basins. shale basins. Net producing wells (end of period): 1,133.9

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Exploration and Production Energy Energy Basin 40

Oil Gas Leads

APRIL 29, 2025

Top 10 Drilling Rigs by Total Activity (Q1 2024 + Q1 2025) BP and its offshore peers continued to rely on leading rigs across multiple basins. Quarterly Drilling Activity Comparison Q1 2024 Activity Count: 52 wells Q1 2025 Activity Count: 56 wells Year-over-Year Change: +7.7% billion (up from $1.2 billion, impacted by a $3.4

Oil 52

Oil Exploration and Production Drilling rig Consulting 52

Oil and Gas Investments

NOVEMBER 27, 2024

LOCATION-LOCATION-LOCATION The Autazes project is located along the Amazon Potash Basin, in NW Brazil, about 100 miles from the city of Manaus. The mine is expected to have a life of 23 years at this rate based on drilling only a VERY small portion of this potentially massive potash basin. from 2023 to 2027.

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Casing Exploration and Production Royalty Transportation 52

Permian Basin Oil and Gas Magazine

MAY 1, 2025

Industry-Related Issues From the start of the 140-day session, the overall goal of the Permian Basin Petroleum Association (PBPA) has been to support legislation that promotes the safe and responsible development of the natural resources found in the Permian Basin, said PBPA Executive Vice President Stephen Robertson.

Basin 52

Basin Abandonment Operator Oil 52

Oil & Gas 360º

MARCH 27, 2025

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. Weve never been in a position before where we were on the back-half of the inventory story of a burning basin, Novi Labs head of research Brandon Myers said. We think that between 2027 and 2030 its likely that the U.S.

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Oil Basin Barrel Hydraulic Fracturing 130

Oil & Gas 360º

MAY 19, 2025

benchmark WTI crude prices at $60 per barrel, its mostly hold, baby, hold in the American shale patch, where output in the major basins except the Permian has already started to level off or drop. production overall would peak between 2027 and 2030. oil production despite President Donald Trumps drill, baby, drill slogan. With the U.S.

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Oil Crude Oil Barrel Basin 130

Oil & Gas 360º

MARCH 28, 2025

natural gas producers and investment firms are gearing up for more activity in Louisianas Haynesville shale basin, positioning themselves for a boom in liquefied natural gas exports boosted by new approvals from President Donald Trump. (BOE Report) – U.S. Aethon is exploring an IPO or asset sales, given demand for its product.

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Basin Gas Natural Gas Royalty 130

Oil and Gas Investments

MARCH 19, 2025

Meaningful revenue is not until 2027 for WTE. They do have a contract with Glencore that comes up in 2027, but it seems less likely given that I can’t see anywhere else for the coal to go and I doubt Glencore wants to be completely reliant on a single terminal anyway (they partly own the Neptune Terminal outside of Vancouver).

Completion 52

Completion IT E&A Operator 52

Valor

APRIL 7, 2025

This strategy aims to boost annual adjusted free cash flow by over 20% and achieve returns on average capital employed above 16% by 2027. Drilling activity in the Permian Basin fell by 3 rigs to 294, 23 fewer than last year, while the Eagle Ford count remained at 48. Read more U.S. Read more U.S. Weekly U.S. per barrel.

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Energy Energy Oil Gas 52

Valor

MARCH 31, 2025

The Permian Basin saw the largest decline, losing three rigs and dropping to 297, the lowest level since February 2022. Geology and water say were close Summary : Some Permian Basin areas have hit geological limits, with the gas-to-oil ratio rising from 34% in 2014 to 40% in 2024, signaling production constraints.

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Energy Energy Barrel Oil 52

Oil & Gas 360º

MARCH 13, 2025

And a 2024 industry survey by the Federal Reserve Bank of Dallas showed that drillers require oil prices of between $59 and $70 to drill a new well, depending on the basin. The CEO of U.S. producer OXY Energy Services warned that oil prices below $60 a barrel would likely force small drillers to reduce activity. Benchmark U.S.

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Energy Energy Oil Crude Oil 130