Permian Basin Oil and Gas Magazine

JUNE 6, 2025

Viper is now clearly a must-own public mineral and royalty company in North America with attractive size and scale in the Permian Basin.” Sitio’s assets included 25,300 net royalty acres in the Permian Basin and 9,000 additional net acres in Eagle Ford, DJ and Williston basins. The agreement, which includes Sitio’s $1.1

Royalty 52

Royalty Basin Crude Oil Oil 52

Oil & Gas 360º

APRIL 1, 2025

( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025.

Basin 130

Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

JUNE 18, 2025

(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Build a long-lived, scaled portfolio.

Exploration and Production 130

Exploration and Production Energy Energy Offshore 130

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –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. Exxon reported on Friday first-quarter earnings of $7.7 billion, down from $8.2 billion in the first quarter of 2024.

Basin 130

Basin Upstream Oil Offshore 130

Oil & Gas 360º

JUNE 16, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. CanCambria Energy Corp. The area has no existing deep drilling and is largely unexplored, covered only by old 2D seismic.

Energy 130

Energy Energy Exploration and Production Basin 130

Permian Basin Oil and Gas Magazine

MAY 30, 2025

Civitas said May 8 that production guidelines this year remain at 330,000 boed and 152,500 barrels per day of crude oil. First quarter production was 311,000 boed (down 14 percent from 4Q) and 141,000 b/d of oil (down 12 percent from 4Q) from its operations in Permian Basin and DJ Basin. billion to $1.9

Basin 64

Basin Crude Oil Barrel Oil 64

Oil & Gas 360º

APRIL 17, 2025

ReconAfrica has entered into a Memorandum of Understanding (MOU) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. It complements ReconAfricas activities in Namibia and highlights the potential of the Damara Fold Belt and Rift Basin by adding 5.2

Basin 130

Basin Oil Petroleum Gas 130

Permian Basin Oil and Gas Magazine

MAY 13, 2025

Midland-based Permian Resources last week revised 2025 guidance after making a bolt-on acquisition in northern Delaware Basin. Its expected to add 12,000 boed (45 percent oil) in 2025 second half. First quarter production was 174,967 barrels of crude oil per day and 373,200 boed. for $608 million. billion to $2.0

Basin 72

Basin Royalty Crude Oil Operator 72

Oil & Gas 360º

MAY 20, 2025

Hess Bakken Investments, a Hess subsidiary, operates about 483 producing wells in the Williston Basin in which Continental owns a working interest. Hess Corp has a 38% interest in Hess Midstream, which owns oil, gas and produced water handling assets primarily in the Bakken and Three Forks shale plays, Continental said.

Midstream 130

Midstream IT Oil Operator 130

Permian Basin Oil and Gas Magazine

MAY 20, 2025

Houston-based Plains All American Pipeline said recently it acquired the Permian Basin crude oil gathering system of Black Knight Midstream. Chris Chandler, COO, said of the Black Knight asset, Its in the absolute core of the northern Midland Basin. The $55 million deal closed May 1.

Midstream 64

Midstream Basin Pipeline Crude Oil 64

RBN Energy

JUNE 3, 2025

Weve discussed the qualities of the Uinta Basins unusual waxy crude, the challenges inherent in moving it to market, and the use of machine-learning AI to optimize its extraction from two key geologic layers or benches deep below the rugged hills of northeastern Utah.

IT 88

IT Basin Crude Oil Oil 88

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. Liquids” includes crude oil and NGLs.

Operator 52

Operator Gas Oil Basin 52

Oil & Gas 360º

JUNE 19, 2025

News & World Report and Best Lawyers “Best Law Firms” 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. Conference Dates: August 17–20, 2025. Benefitting IN!

Energy 130

Energy Energy Exploration and Production E&P 130

RBN Energy

MAY 9, 2025

In just a few years, the Uinta Basin has morphed from a quirky, waxy-crude curiosity to a burgeoning shale play with production north of 170 Mb/d and initial production (IP) rates that compare favorably with the best wells in the Permian.

Basin 84

Basin IT Transportation Crude Oil 84

RBN Energy

APRIL 25, 2025

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.

E&A 83

E&A BBL Upstream Crude Oil 83

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Texas produced 2.003 billion barrels of crude oil in 2024 a record volume, according to Railroad Commission of Texas, and the first time for the state to top 2 billion barrels in one year. The commission said March 26 that Texas produced 2,003,844,281 barrels of oil to better the recent records of 1.99 billion barrels in 2019.

Natural Gas 52

Natural Gas Crude Oil Gas Oil 52

RBN Energy

JUNE 22, 2025

The EPIC Crude Pipeline, which stretches from the prolific Permian Basin in West Texas to Corpus Christi, has operated above its original nameplate capacity for more than a year, with volumes rising in recent months. Owner EPIC Midstream in April sold its NGL pipeline to Phillips 66 for $2.2

Pipeline 55

Pipeline Midstream Basin Operator 55

Oil & Gas 360º

APRIL 30, 2025

(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. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.

Gas 130

Gas Oil Exploration and Production IT 130

Oil & Gas 360º

APRIL 22, 2025

(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. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.

Gas 130

Gas Oil Exploration and Production IT 130

RBN Energy

MAY 22, 2025

Theres a lot to like about the Uinta Basins waxy crude, but ramping up its production and use in refinery feedstock slates will require multimillion-dollar investments in rail terminals, special rail cars, heated storage, refinery equipment and other midstream and downstream infrastructure.

Basin 52

Basin Refinery Midstream Downstream 52

Oil & Gas 360º

APRIL 7, 2025

(Oil Price) –Libya will offer production sharing agreements to the successful bidders in its first oil and gas exploration bid round in 18 years, top Libyan oil officials said at an event in London on Monday. Libyas crude oil production currently exceeds 1.4 million barrels per day (bpd), NOC says.

Exploration and Production 130

Exploration and Production Oil Crude Oil Barrel 130

Oil & Gas 360º

MAY 14, 2025

(Oil Price) –The Permian Basin has been the star of the U.S. shale oil and gas industry for years. It also has some rather solid crude oil resourcesand some of the lowest production costs in the industry. This is by far the longest lifespan of all shale basins that the firm reviewed in its report.

Natural Gas 130

Natural Gas Basin Oil Crude Oil 130

Permian Basin Oil and Gas Magazine

MAY 23, 2025

crude oil production next year. A combination of slowing global oil demand fueled by uncertainty over U.S. oil production later this year and could lead to an annual decline next year. The forecasts are included in the latest Global Crude Oil Markets Short Term Outlook.

Crude Oil 45

Crude Oil Oil Basin Barrel 45

Oil & Gas 360º

MAY 20, 2025

(Oil & Gas 360) – Earlier this month, EnerCom met with CanCambria Energy CEO Paul Clarke, PhD, to talk about how the company could transform natural gas markets in Europe through CanCambrias Kiskunhalas drilling project in the Pannonian tight gas basin.

E&P 130

E&P Natural Gas Energy Energy 130

Oil Gas Leads

MARCH 8, 2025

The Permian Basin continues to be a driving force behind U.S. oil and gas production, and ONEOK Inc. 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. Bcf/d in 2025.

Basin 52

Basin Natural Gas Pipeline BCF 52

Oil & Gas 360º

MAY 9, 2025

(Oil Price) –Canadas pipeline giant Enbridge Inc. Enbridge operates the Mainline system, moving more than 3 million barrels a day of crude oil and liquids from Western Canada to the demand markets in the United States. In total, Enbridge moves 40% of all North American crude. billion (C$2.2

BCF 130

BCF Pipeline Natural Gas Crude Oil 130

Oil & Gas 360º

APRIL 21, 2025

(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

Oil 130

Oil Crude Oil Exploration and Production Natural Gas 130

Oil Gas Leads

MARCH 4, 2025

The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. oil and gas sector. Below, we analyze the latest data on oil and gas prices, production, labor market trends, and the housing sector. The price of West Texas Intermediate (WTI) crude oil closed the quarter at $71.72

Basin 52

Basin Energy Energy Natural Gas 52

Oil & Gas 360º

APRIL 16, 2025

(World Oil) –Vista Energy has acquired Petronas’ 50% stake in a region of the Vaca Muerta shale basin in a deal valued at $1.5 LACh spans across 46,594 acres in the black oil window of Vaca Muerta. billion USD. As of December 31, 2024, it had 247 wells on production.

Oil 130

Oil Barrel Crude Oil Operator 130

RBN Energy

MARCH 14, 2025

Yet, the Shale Revolution has impacted the Rockies as much as any other region, boosting production in the Denver-Julesburg (DJ) and Uinta basins, and the Montana portion of the Bakken. In todays RBN blog, well look at how PADD 4 dispenses these barrels and its role in balancing continental crude oil supply and demand.

Pipeline 55

Pipeline IT Crude Oil Refinery 55

Oil & Gas 360º

MARCH 6, 2025

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Oil Gas Leads

MARCH 7, 2025

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. Potential Impact of Tariffs and Permian Crude Pricing The potential U.S.

Basin 52

Basin Exploration and Production Operator Oil 52

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Yacob, Chairman and Chief Executive Officer of EOG. The dividend will be payable October 31, 2025, to stockholders of record as of October 17, 2025.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

MAY 5, 2025

But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. produced about 5 million barrels of crude oil per day, down by half from the 1970s. years worth of oil that clears the hurdle at prices of $55. Twenty years ago, the U.S.

Oil 130

Oil Barrel Field Basin 130

Oil & Gas 360º

APRIL 9, 2025

(BOE Report) – Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. In January, APA said it reduced production by about 23,500 barrels of oil equivalent per day (boepd) in the fourth quarter. natural gas production and 500 barrels per day of U.S. per Mcf worldwide.

Natural Gas 130

Natural Gas Barrel Gas Basin 130

Oil & Gas 360º

MARCH 10, 2025

These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130

E&P Exploration and Production Oil Field 130

Oil & Gas 360º

MAY 27, 2025

Output of crude oil in the play will plateau at 7.7 million bpd, and this will more than offset production declines in other producing regions in the countrymeaning oil demand will be healthy enough to support such a trend. Indeed, Big Oil executives have predicted that peak oil supply will arrive in the U.S.

Barrel 130

Barrel Consulting Oil Basin 130