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Houston-based Northwind Midstream Partners said recently it received approval from New Mexico Oil Conservation Commission for an additional acid gas injection (AGI) and carbon sequestration well at its Titan treating complex in Lea County, N.M. Northwind said it will further expand total treating capacity to 400 million cfd by 2026.
Over the past decade, we’ve seen techniques like Simul-Frac and Triple Frac become standard tools to accelerate completions. The shale revolution has always been about doing more with less—more wells, more output, and more efficiency. But now, Chevron is taking the next step—not just in how fast we frac, but in how smartly we do it.
Houston-based Plains All American Pipeline said recently it acquired the Permian Basin crude oil gathering system of Black Knight Midstream. Plains also acquired the remaining 50 percent interest in Cheyenne Pipeline in southeast Wyoming and completed a debottlenecking project at a fractionation complex in Edmonton, Canada.
Whiptail Midstream says its oil and gas gathering systems in the San Juan Basin played a role in supporting the growth of its producer customers in the Gallup oil play, and MPLXs ownership will allow for continued investment and growth of the system as activity continues.
Horizontal Drilling in Legacy Rock Blackbeard is proving that the Central Basin Platform still holds significant potential. Strategic Takeaways Reinventing Legacy Plays Blackbeard’s YTD well count shows confidence in a basin most considered depleted.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world.
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.
The Hacksaw Crude Oil Terminal, operated by EVX Midstream Partners, is a significant midstream infrastructure asset located in Tilden, McMullen County, Texas. The entire expansion was completed within six months, from January to May 2018.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world.
Houston-based Northwind Midstream Partners said last week it has constructed and placed into service 150 million cfd of high-circulation amine capacity, two acid-gas disposal and carbon sequestration wells, more than 200 miles of large-diameter pipelines, and 41,750 horsepower of compression at five compressor stations.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas.
Spirit O&G’s acquisition marks a strategic move into mature Permian Basin acreage , consistent with its proven model of optimizing legacy production assets. The PBR status and Permian Basin location make it a strategic fit for Spirit’s PDP-focused operating model. miles on US-87 N, turn right, continue 0.4
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.
The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. The recent acquisition in the Midland Region further strengthens its presence in the Permian Basin, a critical area for U.S. The company is looking to divest non-core assets as it prepares to complete its $22.5
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. But the benefits go beyond cost savings.
“Energy companies now recognize that without Indigenous participation, it will become increasingly difficult to move these kinds of projects forward.” Cynthia Hansen, Enbridge’s EVP of gas transmission and midstream, said the deal reflects Enbridge’s commitment to advancing reconciliation through sustained economic partnerships.
Crude-oil-focused drilling and completion in the Permian Basin is generating fast-increasing volumes of associated gas and creating opportunities for midstream companies that provide wellhead-to-water services for natural gas and NGLs. The companies also are working together on a new LPG export terminal and more.)
ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. 600 million in non-core asset sales , primarily in the Southern Delaware Basin.
The Permian Basin continues to reshape its operator landscape. Meanwhile, USEDC is in full expansion mode , committing up to $1 billion in Permian investments this year75% of that capital targeting the Delaware Basin , which includes Reeves County. Infrastructure and midstream access are robustmaking it ideal for scaled development.
(Jim) Teague, co-CEO, said April 29, During the first quarter of 2025, Enterprise continued to benefit from Permian driven volume growth and consistent domestic and international energy demand pull across our midstream infrastructure system.
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. Midstream CapEx: $48.7M billion to fund its Haynesville development plan and midstream infrastructure build-out.
Affiliate CapEx also declined, particularly at TCO in Kazakhstan, following the completion of the Future Growth Project. Notably, Permian Basin production rose 12% year-over-year , despite rig count pressures. Chevron is shifting from rig volume to completion speed and well quality. billion in Q1 2024.
This supports STEPs growth strategy in gas- and liquids-rich basins like the Montney and Duvernay , where long-term contracts, LNG-driven momentum, and record sand volumes are driving strong returns. Were not deploying new assets until the price cycle justifies itbut were ready, said CEO Steve Glanville.
April 2025 Midland, Texas New Height Energy, LLC, a growing player in the Permian Basin, has officially acquired 25 air permits from SM Energy Company, marking a significant operational expansion in Howard County , near Big Spring, Texas. Whats Included in the Transfer?
Riley said May 7, This acquisition adds significant long-term upstream development potential and supports our prior decision to invest in gas midstream infrastructure in the region… This year we are prioritizing the acquisition and preservation of high-quality inventory over the conversion of inventory to production. net wells in 1Q.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world.
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.
is navigating commodity market volatility with disciplined capital allocation, as it trims its 2025 drilling and completion plans. We analyzed drilling data across multiple basins, with a focus on rig utilization and regional hot spots. Matador Resources Co.
In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. The company started the year with 9 active rigs , scaled back to 7 rigs by the end of Q1 , and plans to operate just 6 rigs for the remainder of the year.
The terminal is already 95% complete , and the startup timeline points to a mid-2025 launch for exports. Create new opportunities for midstream and logistics services , as well as marine infrastructure providers. Alberta, and Saskatchewan direct access to global markets , including Asia.
NYSE American: REI) has officially closed its acquisition of Central Basin Platform (CBP) assets from Lime Rock Resources, adding ~17,700 net acres in Andrews County, Texas to its growing Permian Basin footprint. Oil & Gas Directory Mid Stream Oil & Gas News DT Midstreams $2.3 Ring Energy, Inc. cash, $10M deferred, 6.5M
This decision stems from continued operational efficiency gains and schedule optimization in the Permian Basin and Gulf of America. Emphasis on Efficiency Occidental’s commitment to efficiency is further highlighted by its drilling operations in the Delaware Basin.
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. www.vitesse-vts.com
With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. www.vitesse-vts.com
NGL Energy Partners LP has completed a series of non-core divestitures totaling approximately $270 million , including the sale of 17 NGL terminals, its Green Bay terminal, a refined products marketing business, crude railcars, and ownership in Limestone Ranch. refining network. and Canadian markets.
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.
Driving Efficiency: Key Gains in 2024 & 2025 Strategy Whitecap has made significant strides in drilling, completion, infrastructure, and cost optimization , setting the stage for a highly efficient 2025. Musreau 05-09 Battery: Completed 10% below budget and ahead of schedule. billion Funds Flow: $1.65 billion ($2.81/share)
” Tom Jorden, CEO Drilling, Rigs & Completions Permian activity will be lowered from 10 rigs to 7 in the second half of 2025 (30% drop). . “As our industry faces macroeconomic uncertainty and oil price headwinds, we believe it is prudent to reduce oil-directed activity at this time.”
We also saw record performance in crude oil transportation volumes (up 25%), midstream gathered volumes (up 6%), NGLs produced (up 26%), and NGL fractionation volumes (up 12%) and transportation volumes (up 4%). Strategic Highlights In July 2024, Energy Transfer completed the acquisition of WTG Midstream Holdings LLC.
Q1 2025 Takeaway : Without sustained drilling and completions, even the Permian’s strength may not hold. We expect to hold [DJ Basin] production at a plateau around 400,000 barrels per day through the end of the decade. Vicki Hollub (Oxy) warns about production peaking early: We had expected that U.S.
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