Oilfield Technology

JUNE 27, 2025

Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. Then the Texas Railroad Commission initiated a program to monitor seismic activity focused on the Permian Basin.

Midstream

Offshore Energies UK

JUNE 23, 2025

billion barrels of oil and gas could still be produced from UK waters – 3.2 The government’s independent advisers, the Climate Change Committee, say in a scenario where the UK meets all its climate targets on time, UK homes and businesses will still use between 13 and 15 billion barrels of oil and gas. This is normal in a mature basin.

Exploration and Production

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.

BCF

Oil Gas Leads

JULY 25, 2025

It also completed trials on its PropX slurry pipe system , a first-of-its-kind solution for last-mile sand delivery using pipeline transport—aimed at reducing dust, emissions, truck traffic, and delivery variability. These innovations underscore Liberty’s strategic push toward sustainable, performance-enhancing solutions for completions.

Energy

Rigzone

JULY 17, 2025

on Wednesday reported $615 million in adjusted net income attributable to common shares for the second quarter, up 13 percent from the same three-month period last year thanks to higher volumes of transported natural gas and refined oil products. Its products pipelines transported 1.02 Image by JHVEPhoto via iStock Kinder Morgan Inc.

Natural Gas

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 miles Current Permitted Mileage (2024): 521.71

Pipeline

Oil & Gas Journal

JULY 28, 2025

The FPU will be connected to a floating storage offloading (FSO) vessel with a capacity of 950,000 barrels of oil. The resource will be developed through an FPU with an oil production capacity of 100,000 b/d.

Exploration and Production

Oil & Gas Journal

JULY 23, 2025

India has ramped up Russian crude imports in recent years, lured by steep discounts and the suitability of Russian barrels for middle distillate refining. Russia, on the other hand, will face significant impacts contingent on peace negotiations," Srivastava said. Reliance, with a massive refining capacity of about 1.2

Refinery

Oil & Gas 360º

APRIL 1, 2025

(NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

Basin

Oil & Gas 360º

MAY 9, 2025

Enbridge operates the Mainline system, moving more than 3 million barrels a day of crude oil and liquids from Western Canada to the demand markets in the United States. million barrels per day, illustrating its critical role in the transportation of oil to key demand centers, the company said. billion (C$2.2

BCF

Oil Gas Leads

APRIL 2, 2025

On April 1, 2025, WaterBridge officially launched an open season to support the development of its new Speedway Pipeline , a dual 30-inch produced water system designed to address rising pore pressure and enhance flow assurance in the Northern Delaware Basin. million bpd of produced water across 2,400 miles of pipeline in major U.S.

Basin

Oil Gas Leads

MARCH 8, 2025

The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. This synergy allows for lower-cost crude transportation and higher margins.

Basin

Oil Gas Leads

MARCH 4, 2025

The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. per barrel , marking a 5.2% per barrel of oil equivalent (boe) , up 15.6% per boe , reflecting improved transportation dynamics and stronger demand. million barrels per day (bpd) , reflecting a 1.3%

Basin

Rextag

MAY 5, 2025

The Ballymore development is designed to produce up to 75,000 gross barrels of oil per day from three production wells, all connected via a subsea tieback to Chevrons existing Blind Faith facility, located approximately three miles from the well site. This reduces our development costs and is expected to drive higher returns for shareholders.

Barrel

Oil Gas Leads

MAY 3, 2025

In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Kimmeridge projects this basin to move into third place in well economics over the next decade.

Basin

Permian Basin Oil and Gas Magazine

APRIL 4, 2025

Production in the state surpassed 2 million barrels per day in 2024 more than double that of 2019 (about 0.9 The three officials Garrett Golding, Diego Morales-Burnett and Kunal Patel said March 24 production in the Permian Basin in New Mexico and Texas continued to grow in 2024 to exceed 6 million b/d. million b/d).

Exploration and Production

Oil Gas Leads

MARCH 8, 2025

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. The EPIC acquisition will allow them to shift these barrels onto their own network , capturing better margins and improving logistics efficiency. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.

Basin

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. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine. Closing is expected in July.

Pipeline

Oil Gas Leads

MAY 3, 2025

Key Features and Capabilities Storage Capacity : The terminal’s capacity was expanded from 20,000 barrels per day (bpd) to 40,000 bpd. This expansion included the construction of three 5,000-barrel API 650 steel oil tanks, a 1,000-barrel slop oil tank, and a 750-barrel fiberglass water tank.

Midstream

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Texas produced 2.003 billion barrels of crude oil in 2024 a record volume, according to Railroad Commission of Texas, and the first time for the state to top 2 billion barrels in one year. The commission said March 26 that Texas produced 2,003,844,281 barrels of oil to better the recent records of 1.99 billion barrels in 2019.

Natural Gas

Permian Basin Oil and Gas Magazine

MAY 9, 2025

Pipeline transportation volumes rose 6 percent to 13.2 million barrels per day of NGLs, crude oil, refined products and petrochemicals. Teague said Enterprise has growth projects valued at $6 million scheduled for completion in 2025, including two natural gas processing plants in the Permian Basin in 3Q.

Natural Gas

Oil Gas Leads

MARCH 22, 2025

midstream operators are increasingly adopting vertical integration to control the entire value chainfrom gathering and processing to transportation and export. Permian Basin: The Backbone of U.S. Production The Permian Basin remains the most productive oil and natural gas field in the U.S.

Basin

Oil & Gas 360º

APRIL 21, 2025

Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the companys goal to produce 300,000 net barrels per day of oil equivalent from the Gulf in 2026. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

Oil

Oil Gas Leads

MAY 30, 2025

million net acres and over 2 billion barrels of oil equivalent in net undeveloped resource. The company will gain exposure to both the liquids-rich and dry gas windows, with firm transportation to premium marketsenhancing revenue predictability and price realizations. With this acquisition, EOGs Utica footprint grows to 1.1

Basin

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. What are the key companies doing to stay competitive? MMBbl/d.

Basin

Oil Gas Leads

MAY 2, 2025

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. ExxonMobils first-quarter 2025 results reveal a clear narrative: U.S. million boe/d in Q1. What Does “Advantaged” Mean?

Upstream

Oil Gas Leads

MAY 15, 2025

miles Permit Overview Permit Number: 10272 Issued to: Urban Oil & Gas Group, LLC Issued Date: May 5, 2025 Expiration Date: July 31, 2025 Commodity Transported: Gas Classification: Private Counties: Jim Wells, Kleberg, Nueces Pipeline Details Total Permitted Miles: 65.54 miles PA (Pipeline Addition): 27.00 Regulated Miles: 0.00

Pipeline

Oil Gas Leads

MARCH 13, 2025

natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. Haynesville Basin: The Right Time to Ramp Up The Haynesville Basin, located in eastern Texas and northwestern Louisiana, has long been a critical natural gas-producing region. BP is doubling down on its U.S.

Natural Gas

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

Royalty

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play.

Exploration and Production

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

Rextag

MAY 19, 2025

In particular, the company is placing renewed emphasis on the Grand Mesa Pipeline , its flagship crude oil system serving producers in Colorados Denver-Julesburg Basin (DJ Basin). The company offers services in transportation, storage, blending, and marketing of various energy products to producers and end-users across North America.

Energy

Oil Gas Leads

APRIL 12, 2025

Completion engineers must adapt their designs to preserve injection rate per cluster , which directly impacts proppant transport and fracture geometry. For example, a single well pumped at 80 barrels per minute (BPM) across 10 clusters delivers 8 BPM per cluster. BPM unless stage design is adjusted.

Completion

Energy Transfer

FEBRUARY 12, 2025

We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). Reconciliations back to the comparable GAAP measures can be found here. ) Interstate Natural Gas.

Natural Gas

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

Rextag

DECEMBER 18, 2024

billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally. million barrels of oil equivalent by 2005. Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005.

Exploration and Production

Rextag

JANUARY 21, 2025

Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,

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