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ONEOK acquires remaining 49 percent interest in Delaware Basin JV

Permian Basin Oil and Gas Magazine

percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Delaware Basin JV owns natural gas gathering and processing facilities in Delaware Basin in west Texas and southeast New Mexico with total processing capacity of more than 700 million cubic feet per day.

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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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.

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Talos Energy announces enhanced corporate strategy

Oil & Gas 360º

We anticipate a shift in the global exploration and production market, with offshore basins expected to play an increasing role in global oil production. Talos will invest in high-margin organic projects, complemented by disciplined, accretive bolt-on acquisitions in deepwater basins, which will enhance production and profitability.

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Chevron to cut nearly 800 jobs in Texas Permian basin

Oil & Gas 360º

(World Oil) –Chevron Corp. plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chevron is taking action to simplify our operating model, execute work faster and more effectively, the company said in a statement.

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ConocoPhillips deal marks investment firm’s continued push into Texas’ Midland basin

Oil & Gas 360º

(World Oil) –Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, have announced a strategic purchase of mineral interests in Ector and Midland Counties, TX, operated by ConocoPhillips.

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Ironwood Midstream Expands Gas and Crude Pipeline Footprint in Karnes County, Texas

Oil Gas Leads

Date: July 2025 Ironwood Midstream Energy Partners LLC continues to strengthen its role in the Eagle Ford Shale with the operation and regulatory management of three significant pipeline permits in Karnes County, Texas. 10145 Liquids Common Carrier Eagle Ford Crude Line 30.59 10145 Liquids Common Carrier Eagle Ford Crude Line 30.59

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Ring Energy announces the closing of the Lime Rock Permian Basin assets acquisition

Oil & Gas 360º

(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. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

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