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AMI uses independent monitoring providers, technical consultants, and top-tier universities to monitor and track methane emissions in. The post Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin first appeared on Marcellus Drilling News. The Appalachian Methane Initiative (AMI) is a coalition of leading U.S.
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.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
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.
Several major basins, including the Permian and Eagle Ford, recorded new lows. According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Here is a summary of the U.S.
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.
The consultancy expects output there to add 200,000 barrels daily this year, for a total of 6.6 Both trends suggest that some formations in the basin are reaching geological constraints, and more drilling isnt necessarily proportionate to the oil volumes produced. million barrels daily. million barrels daily in 2035. before 2035.
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. Most Active Rigs H&P 329, H&P 519, and H&P 313 lead in total wells drilled, showing high utilization of these rigs.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Rig consultant, Permian Basin Tech Specs: Built for West Texas conditions, AKITA 522 features advanced controls, optimized power systems, and reliable mobility for efficient pad-to-pad transfers. The post Permian Basin Top Rigs by Wells Drilled Since 2024 appeared first on Oil Gas Leads.
Oil and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars.
Troy shares the insights that lead him to believe that opportunity abounds for years to come in Americas oil and gas industry, how his firm evaluates different basins, the advantages of maintaining all cash, no debt positions, and more. Please consult with a professional before making any decisions based on the information provided here.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design.
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.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.
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%
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.
Chevrons primary deployment is in the Permian Basin , the largest oil-producing region in the U.S. But the company is also starting to apply the technique in the Denver-Julesburg (DJ) Basin in Colorado. For example, Chevron needs over 10 sand trucks per hour at the wellsite when triple-frac is underway. Where Is It Being Used?
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.
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.
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.
ConocoPhillips has initiated a significant restructuring initiative, internally termed “Competitive Edge,” with strategic guidance from Boston Consulting Group (BCG).
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. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2025 , a sharp increase from $1.05 billion in Q1 2024.
AboutWhitleyPenn For more than 40 years,WhitleyPenntax, audit, and consulting advisors have been dedicated to the success of our clients. Related: Whitley Penn Named to a Top 100 The post Whitley Penn Receives Best of Accounting Award appeared first on Permian Basin Oil and Gas Magazine. AtWhitleyPenn, your future is our focus.
28 the expansion of its service center located in Midland, Texas, citing its desires to meet the growing demand of customers in the Permian Basin and other key shale plays across the United States. Tenaris’s expansion reflects the continued growth of the Basin. Pipe manufacturer Tenaris announced Feb.
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.
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
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.
Jeff has extensive experience evaluating conventional and unconventional resources in every major basin in the United States, with a particular focus on the Permian Basin. Our extremely capable team of professionals consists of a broad range of experience and capabilities to serve your petroleum consulting needs. and an M.S.
Lewis Senior is the CEO and co-founder of Equilibria, a coaching and consultancy company empowering individuals, teams, and businesses across multiple sectors to realise potential and achieve their desired results. His career began working offshore in the mid-seventies before transitioning his skills to support the growth of others.
That means your investment consultants must advise your employees appropriately. Email: micheleharmon1@gmail.com. The post Financial Maturity or Lack of appeared first on Permian Basin Oil and Gas Magazine. In these uncertain times, encourage your employees to contribute to their 401K, Roth, etc.
Uncertainty around emissions regulations and Indigenous consultations can also delay project timelines. Infrastructure constraints , especially in remote fields like Sunrise, Altares, and Town. Strategic drilling deferrals as companies optimize capital spending amid commodity price swings.
.” The strategy supports both emissions reduction and cost efficiency , aligning with increased demand for LNG-linked completions in gas basins like the Haynesville. Outlook: Optimistic on Natural Gas, Cautious on Oil While the oil price outlook remains uncertain, Patterson-UTI is bullish on natural gas.
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
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.
Problem: Drill speed and well cycle times often lag behind basin medians How AI helps: Emerging AI technology can optimize drilling operations by analyzing historical data and real-time inputs to recommend the best drilling parameters. These tools can provide immediate benefits without the need for significant upfront investment.
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