Rigzone

JUNE 19, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, MOL Form CO2 Transport JV by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 4:35 AM EST The partners already completed the front-end engineering design for a 62,000-cubic-meter LCO2 transport vessel.

Transportation 67

Transportation Completion Oil Basin 67

Oil Gas Leads

JUNE 14, 2025

Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators.

Basin 52

Basin Dry Gas BCF Operator 52

Oil Gas Leads

JUNE 11, 2025

Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Sources are cited in brackets.

Operator 52

Operator Gas Oil Basin 52

Oil Gas Leads

APRIL 12, 2025

As unconventional oil and gas development matures, operators continue to push the envelope in completion design and execution. Fewer rig moves, reduced idle equipment, and streamlined logistics mean more wells completed in less time. Engineers point to improved fracture predictability as a compelling advantage.

Completion 52

Completion Operator Basin Engineering 52

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. oil and gas production, and ONEOK Inc. Bcf/d in 2025.

Basin 52

Basin Natural Gas Pipeline BCF 52

Oil Gas Leads

MARCH 26, 2025

One of the most innovative approaches Coterra is utilizing is its ‘row developments’ strategy , particularly in the Permian Basin. Coterra’s operations in the Permian Basin leverage their highly contiguous acreage position to implement sizable and highly efficient projects known as row developments.

Basin 52

Basin Consulting Completion Exploration and Production 52

Oil Gas Leads

MARCH 21, 2025

Devon Energys fourth quarter 2024 earnings call provided critical insights into the companys ambitious plans for the Delaware Basin, one of its crown jewel assets. Delaware Basin Overview The Delaware Basin continues to be the cornerstone of Devons oil and gas portfolio.

Basin 52

Basin Oil Utilities Completion 52

Oil Gas Leads

MARCH 17, 2025

H&P drilling has completed 709 wells year-to-date, with the highest activity in Texas (404 wells) and New Mexico (177 wells). Permian Basin Dominance The majority of drilling is concentrated in the Permian Basin , reinforcing its position as the most active oil and gas play in the U.S. XTO Energy Inc. 128 OXY USA Inc.:

Consulting 91

Consulting Completion Basin Engineering 91

Oil Gas Leads

APRIL 14, 2025

The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.

Oil 75

Oil Engineering Engineer Consulting 75

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the The internal technical evaluation of this well is now largely complete, prior to further review by a third party.

BCF 130

BCF Energy Energy Condensate 130

Oil & Gas 360º

MAY 13, 2025

The Program Area consists of counties located in theWilliston Basin, although both parties may consider opportunities in otherRocky Mountainbasins upon mutual consent. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.

Energy 130

Energy Energy Basin Operator 130

Oil Gas Leads

APRIL 10, 2025

Chevron has begun scaling up a cutting-edge well completion strategy known as triple-frac , which fractures three wells at the same time. Traditional fracking completes one well at a time (single-frac), and in recent years, many operators have adopted dual-frac (two wells simultaneously) to improve efficiency. What Is Triple-Frac?

Completion 59

Completion Consulting Basin Engineering 59

Oil Gas Leads

APRIL 7, 2025

The Permian Basin, in particular, saw a notable drop, reaching its lowest rig total since February 2022. While Oklahoma, New Mexico, and several other key states held steady in drilling activity, the national rig count dipped againdriven largely by a sharp decline in natural gas rigs.

Basin 52

Basin Engineering Engineer Consulting 52

Rigzone

JUNE 18, 2025

Image by AvigatorPhotographer via iStock NextDecade Corporation said its subsidiaries have finalized a pricing refresh of the company’s lump-sum, turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy Inc. billion to $2.0

Finance 62

Finance Natural Gas Gas Energy 62

Oil Gas Leads

MAY 16, 2025

Despite reducing its full-year capital expenditure guidance by $200 million and cutting domestic operating costs by $150 million in Q1 2025, Oxy continues to maintain and even expand its drilling footprint in the Permian Basin. Permit Growth Defies Budget Cuts H1 2024 Permits : 316 H1 2025 Permits (actual + forecast) : 387 This marks a 22.5%

Consulting 52

Consulting Basin Engineering Engineer 52

Oil Gas Leads

MAY 28, 2025

Project Overview: Hugh Brinson Pipeline The Hugh Brinson Pipeline, previously referred to as the Warrior Pipeline, is designed to transport natural gas from the Permian Basin to key downstream markets in Texas and Louisiana. The pipeline is expected to ease transportation bottlenecks in the Permian Basin and support growing U.S.

Pipeline 52

Pipeline Natural Gas BCF Consulting 52

Oil & Gas 360º

APRIL 30, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Energy 162

Energy Energy Management Consulting 162

Oil Gas Leads

MARCH 17, 2025

crude production to hit record highs for the next two years before plateauing later in the decade. Gas drillers, in particular, may ramp up activity if prices rebound as expected in 2025.

Gas 52

Gas Oil Engineering Engineer 52

Oil Gas Leads

MAY 19, 2025

Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S. bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9

Engineering 52

Engineering Engineer Consulting Technician 52

Oil Gas Leads

MARCH 31, 2025

Overall Rig Count : Total U.S. rig count held relatively steady this week, with only a modest overall decline. As commodity prices and demand forecasts continue to evolve, rig count trends will remain a key indicator to watch for future production shifts. Rig Count Rises Baker Hughes appeared first on Oil Gas Leads.

Engineering 52

Engineering Engineer Consulting Technician 52

Oil Gas Leads

APRIL 10, 2025

This subtle shift highlights a maturing basin where efficiency and operator selectivity are becoming more prominent. As natural gas prices remain volatile and operators focus on capital discipline, expect drilling strategies to continue evolving across East Texas and North Louisiana.

Consulting 52

Consulting Engineering Engineer Completion 52

Oil Gas Leads

MAY 2, 2025

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. The term advantaged is used repeatedly in the earnings release not as corporate jargon, but as a meaningful lens into ExxonMobils capital allocation and earnings engine. upstream earnings jumped to $1.87

Upstream 52

Upstream Basin Consulting Engineering 52

Permian Basin Oil and Gas Magazine

APRIL 14, 2025

You are probably aware that the water problem in the Permian Basin is direit is the desert, after all. Disposal of produced water in the past was largely a matter of just pumping it back down underground, as is seen in the proliferation of SWDs (Salt Water Disposals) that dot the landscape in the Permian Basin. Not even on eBay.

Basin 96

Basin Exploration and Production Barrel Disposal Well 96

Oil Gas Leads

MAY 3, 2025

Engineering and Construction : The project was executed on a fast-track basis, with engineering, procurement, and construction services provided by Sargent & Lundy. The entire expansion was completed within six months, from January to May 2018.

Midstream 52

Midstream Crude Oil Oil Basin 52

Oil Gas Leads

MAY 7, 2025

What Devon Said About Drilling, Rigs, and Completions Devons capital activity in the first quarter averaged 23 operated drilling rigs and 6 completion crews… 136 gross operated wells were placed online, with an average lateral length of 10,700 feet. per Boe, total production cost at $12.42

Drilling rig 52

Drilling rig Energy Energy Engineering 52

Oil Gas Leads

APRIL 24, 2025

“The first quarter unfolded largely as we anticipated, with steady drilling activity and a strong sequential rebound in completion demand,” said Andy Hendricks , CEO. In Completion Services, the company expanded its Emerald line of 100% natural gas-powered assets , contributing to 80% of its active fleet being gas-capable.

Natural Gas 52

Natural Gas Gas Completion Rig Operator 52

Oil & Gas 360º

MAY 21, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.

Energy 130

Energy Energy Exploration and Production Management 130

Oil & Gas 360º

MAY 7, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Energy 130

Energy Energy Management Consulting 130

Oil & Gas 360º

MAY 6, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Energy 130

Energy Energy Management Consulting 130

Oil & Gas 360º

MAY 2, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Energy 130

Energy Energy Management Consulting 130

Oil & Gas 360º

MAY 1, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Energy 130

Energy Energy Management Consulting 130

Oil & Gas 360º

APRIL 29, 2025

(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com

Energy 130

Energy Energy Management Consulting 130

Oil Gas Leads

APRIL 30, 2025

With improving natural gas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins. Mcf before hedging, $3.52/Mcf Mcf after Total revenue: $512.9 million (up from $335.8M Midstream CapEx: $48.7M G&T: $0.37

Natural Gas 52

Natural Gas Basin Midstream Exploration and Production 52

Oil Gas Leads

MARCH 24, 2025

Regional drilling activity remains mixed, with the Permian Basin and Eagle Ford experiencing slight declines, while other areas such as Oklahoma and Louisiana are showing growth. Regional Breakdown : Permian Basin : Declined by 1 rig to 300, down by 15 rigs compared to last year. Natural gas output is forecasted to reach 105.2

Engineering 52

Engineering Engineer Consulting Barrel 52

Oil Gas Leads

APRIL 28, 2025

Texas and New Mexico, the largest basins, remain flat week-over-week. Broader rig activity remains soft overall , signaling cautious capital spending amid uncertain commodity prices and tariffs.

Engineering 52

Engineering Engineer Consulting Oil 52

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. In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025.

Basin 40

Basin Oil Gas Exploration and Production 40

Oil Gas Leads

MARCH 10, 2025

Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. Key Takeaways The rig count decline is modest , suggesting a more stable period after recent additions.

Engineering 52

Engineering Engineer Consulting Gas 52