Barrel Basin Refinery 
Rextag
JUNE 10, 2025
million net acres and more than 2 billion barrels of oil equivalent (Boe) in undeveloped resources. This acquisition creates a third foundational play for EOG alongside the Delaware Basin and Eagle Ford, enhancing the quality, scale, and resilience of our multi-basin portfolio,” said Ezra Y. Yacob, Chairman and CEO of EOG.
Rigzone
JULY 8, 2025
Image by Yarphoto via iStock The world’s biggest oil product market is hungry for barrels as traders grapple with a summer supply squeeze. The pressure on supplies has been driven by refinery closures on both sides of the Atlantic and a slew of recent outages, as well as the impact of production curbs by key OPEC+ producers.
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Oil & Gas 360º
JUNE 23, 2025
Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).
Valor
JUNE 30, 2025
average, and two announced refinery closures threaten over 17% of the state’s total refining capacity. In the Permian Basin, the rig count dropped by one to 270, well below the 305 active rigs a year ago, as oil prices experienced a steep decline for the week. per barrel, a sharp decrease of $9.41 per gallon versus the $3.20
Rigzone
JUNE 27, 2025
Block 15-1, an oil and gas block with one of the country’s largest reserves and one of the earliest to be developed, is located in the Cuu Long basin in the southern mainland of Vietnam and includes the Black Lion, Golden Lion, Brown Lion and White Lion oil and gas fields, according to the release.
Oil Gas Leads
JULY 26, 2025
Today, Occidental’s transformation is undeniable: Domestic oil production grew from 650,000 barrels per day (bpd) in 2015 to over 1.4 The company holds over 1 million net acres in the Permian Basin , the most productive shale play in North America. million bpd in 2024 , according to company filings. crude oil production hit 13.2
Oil Gas Leads
JULY 15, 2025
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 Spanning over 640 miles with a 1.5 midstream infrastructure.
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