This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
enhancing its footprint in New Mexico’s northern Delaware Basin. The company is already in active trade talks with every relevant Delaware Basin operator , aiming to optimize both legacy and new assets. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp.
Excited to share a major milestone from one of the Permian Basin’s top operators— ConocoPhillips has brought its Zia Hills Central Facility 2 (CF2) online in the Delaware Basin.
Operator Strategies Reflect Growth and Efficiency Here’s a snapshot of what leading heavy oil players are planning in 2025: Company 2025 Production (bbl/d) 2025 CapEx (C$B) Strategic Focus Cenovus Energy 615–635K ~2.7–2.8 Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
The Denver-Julesburg (DJ) Basin continues to stand out as one of the most consolidated and cost-effective oil and gas plays in the U.S. While it lacks the scale of the Permian or Eagle Ford, the DJ offers operators attractive breakeven costs, strong midstream infrastructure, and a strategic position for gas-weighted growth.
oil and gas industry is facing mounting headwinds in 2025. Oil & Gas Facility Engineer Contact Directory – $25 Buy Now Includes: Company, First Name, Last Name, Title, Location, email… 1. 61% said they would decrease drilling if oil prices stay at $60/bbl. Despite early hopes for a strong recovery, the U.S.
(Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl bbl WTI and $4.28/MMBtu The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. bbl WTI and $4.28/MMBtu bbl WTI and $4.09/MMBtu
The Permian Basin, the beating heart of U.S. In early 2024, WTI crude prices averaged $77$80/bbl , whereas by Q2 2025, prices have softened to $60$70/bbl. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Here are the five biggest trends to watch: Permian Basin Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled…… 1. The combined 722,000 net acres in the Midland Basin is now one of the most enviable positions in U.S.
Over the past 15 years, the Permian Basin has transformed the landscape of U.S. 2020: Both Permian and non-Permian output dropped sharply due to WTI < $50/bbl and COVID-19. Tight Oil Boom Since 2010 appeared first on Oil Gas Leads. Tight Oil Boom Since 2010 appeared first on Oil Gas Leads. crude oil production.
The record $120 billion upstream M&A spending spree in 2024 focused on the consolidation of Permian Basin positions by the major U.S. publicly traded oil and gas companies.
Canadas oil and gas sector remained resilient in 2024, with several operators reporting record-breaking production volumes. The data reflects both oil and gas output, offering a high-level look at market leaders, operational growth, and emerging trends in Canadian upstream development. 102,012 bbl/d (bitumen) SOR of 2.39
Permian Resources Corporation, a leading pure-play operator in the Delaware Basin, has reported strong first-quarter 2025 financial and operational results and announced a strategic bolt-on acquisition of APA Corporations Northern Delaware Basin assets for $608 million. The upside in natural gas was driven by elevated ethane rejection.
With a strong footprint in the Delaware Basin and a management team unafraid to act decisively, the remainder of 2025 looks poised to deliver focused growth. This bolt-on isn’t just about expanding land—it’s about unlocking 100+ gross operated two-mile locations with shallow declines and $30/bbl breakevens.
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. It was costing up to US$10/bbl to ship PW to out of state SWDs because Pennsylvania had only nine permitted SWDs. Only a few years back desalinating PW was projected to cost US$5-6/bbl.
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. View Report Here You must be an Enverus Intelligence subscriber to access this report.
oil and gas executives arent just reacting to the markettheyre actively redefining it. Sub-$40 Inventory Is a Strategic AdvantageIf You Use It Many top operators hold decades of drilling inventory with breakevens under $40/bbl. oil & gas majors are now eyeing AI infrastructure as a growth vector. Its looking like [U.S.
As Chord Energy refocuses on the Williston Basin, Ring consolidates CBP assets to drive low-cost, margin-rich growth. These regulatory transfers aren’t just formalities theyre indicators of whos doubling down and whos cashing out in the Permian Basin. Competitive breakevens sub-$40/bbl support cash flow. Chord Energy).
oil and gas industry is experiencing one of its most transformative periods. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gasbasins , the leading companies , and market trends using the latest data and forecasts. Natural Gas Production: 25.8
Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. The evaluation confirms that theCane Creekreservoir is highly productive and potentially ranks alongside some of the most productive oil and gas plays in theU.S.
A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Although the pace of growth is clearly slowing, the basin still offers significant upside potential.
The oil and gas industry navigates a transformative 2025 period shaped by strategic consolidations, maturing resource plays, and shifting market fundamentals. Forecast: With companies securing three to seven years of viable inventory at $70/ bbl oil, M&A activity is expected to remain a cornerstone of strategy through 2025.
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. The Board of Directors will consist of eleven members, made up of seven directors from Whitecap and four directors from Veren.
share) at US$70/bbl WTI Free Funds Flow: $550 million Net Debt: Maintained under $1 billion with a 0.3x Infrastructure & Cost-Saving Initiatives Lator Montney Expansion: Strategic partnership with Pembina Gas Infrastructure (PGI) funds 100% of Phase 1 Lator Infrastructure. 29% of 2025 natural gas production hedged at $3.35/GJ.
2025 Oil Production (bbl) Marathon Oil 641,000 EOG Resources 593,000 ExxonMobil (XTO Energy) 344,000 Crescent Energy (Javelin) 189,000 This move strengthens EOGs competitive positioning in an already active county and sets up the company for continued long-lateral drilling in one of North America’s most prolific shale plays.
In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustained operational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds.
But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit? Travis Stice, CEO, Diamondback Technology and process efficiency gains are being outpaced by geology… its a natural evolution of a maturing basin.
Austin Chalk Emerges as South Texas Top Target As Tier 1 Eagle Ford drilling locations dwindle, South Texas energy producers are turning to an overlooked formation to keep the gas flowing. Natural Gas in Focus: South Texas Eyes the Next Wave With global gas prices gaining momentum and the U.S. According to the U.S.
upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. Upstream Leads ExxonMobil’s 2025 Strategy Powered by Advantaged Projects appeared first on Oil Gas Leads. ExxonMobils first-quarter 2025 results reveal a clear narrative: U.S. upstream earnings jumped to $1.87
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.
The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. billion in Q1 2024, impacted by lower realized oil and gas prices and adjusting items.
The change of ownership was approved and issued on June 24, 2025, under Permit #143348, marking a key regulatory milestone in the company’s operational expansion across the Permian Basin. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content