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Abandoned Oil Wells Pose Growing Risks in Permian Basin

OilPrice

As the number of depleted and abandoned oil wells in the West Texas Permian Basin continues to grow in the long shadow of the United States shale revolution, associated environmental and public health hazards are ballooning in tandem.

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Permian Basin Growth Fuels ExxonMobil’s Quarterly Success

OilPrice

First-quarter earnings at ExxonMobil (NYSE: XOM) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices.

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SoCalGas Offers Green Hydrogen Energy Infrastructure System to Decarbonize LA Basin

NGT News

The post SoCalGas Offers Green Hydrogen Energy Infrastructure System to Decarbonize LA Basin appeared first on NGT News. As proposed, the Angeles Link would support the integration of more renewable electricity resources like solar and wind, and would significantly reduce greenhouse gas emissions from […].

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Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin

Marcellus Drilling News

The post Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin first appeared on Marcellus Drilling News. AMI uses independent monitoring providers, technical consultants, and top-tier universities to monitor and track methane emissions in.

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Peak Permian? Geology and Water Say We’re Close

OilPrice

oil-producing basin, the Permian, some areas have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage that producers have started to exhaust. To be sure, crude oil output in the top basin continues to rise, but growth has slowed since 2022not only because producers

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SRBC Approved 58 Shale Gas Well Pad Water Use Permits in March

Marcellus Drilling News

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling.

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Crescent Energy completes sale of non-operated Permian basin assets

Oil & Gas 360º

(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).

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