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basins; A US$100 million commitment from a major U.S. basins; A US$100 million commitment from a major U.S.-based based oil sector investor (the ‘Investor’) to accelerate growth through the drilling activity in Zephyr’s Williston Basin non-operated asset portfolio.
While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. Here’s a structured summary and analysis of the latest U.S. bpd (2024) → 13.4M Bcf/d in 2025 from 103.2
With a strong footprint in the Delaware Basin and a management team unafraid to act decisively, the remainder of 2025 looks poised to deliver focused growth. The company sold midstream assets in Reeves County to Kinetik Holdings for $180 million, freeing up capital and sharpening its focus on core E&P operations.
Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. Pintail is headquartered in Midland and is a leading provider of wireline services in the Permian Basin. It’s been a momentous 2025 for the wireline niche. on April 15.
It also completed trials on its PropX slurry pipe system , a first-of-its-kind solution for last-mile sand delivery using pipeline transport—aimed at reducing dust, emissions, truck traffic, and delivery variability. These innovations underscore Liberty’s strategic push toward sustainable, performance-enhancing solutions for completions.
Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk. Viper’s reliance on Diamondback, which operates over 70 percent of its Midland Basin royalty acres, introduces concentration risk and could limit flexibility if Diamondback’s priorities shift.
The Selene discovery is a key driver for this Acquisition, which forms an important component of Viaro’s recently announced transaction with Shell and ExxonMobil, as well as within the broader basin context. The transaction reflects our commitment to advancing key developments responsibly and with the continuity they require.
is about to acquire the shale and pipeline assets of Aethon Energy Management, founded by Albert Huddleston, who is also the CEO. Aethon Energy is a private investment firm focused on asymmetric opportunities in onshore energy assets in North America, and has sprawling operations in the Haynesville shale gas basin in East Texas and Louisiana.
(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).
Expected regulatory updates within the next 90 days could further streamline pipeline installations, potentially reducing project costs and timelines. (Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc. The Company remains committed to begin helium sales in late Q4 2025, pending timely construction progress.
Urban Oil & Gas Group, LLC, a Plano, Texas-based energy investment firm, has recently updated a pipeline operation permit from the Railroad Commission of Texas. miles of natural gas gathering pipelines across Jim Wells, Kleberg, and Nueces counties. The pipeline system comprises two active segments: OM (Other Modification): 38.55
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.
Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Key Processes: Transportation via pipelines, rail, trucks, or ships; storage in tanks or other facilities; and marketing for wholesale distribution. This includes both onshore and offshore activities.
The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8
poised to expand LNG export capacity , interest in gassy basins has surged. EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. South Texaswith proximity to Gulf Coast terminals and existing pipeline infrastructureis uniquely positioned to meet this demand.
poised to expand LNG export capacity , interest in gassy basins has surged. EOG also launched the 1 Bcf/d Verde Pipeline, linking Dorado gas directly to the major Agua Dulce gas hub, enhancing market access. South Texaswith proximity to Gulf Coast terminals and existing pipeline infrastructureis uniquely positioned to meet this demand.
The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. Weve never been in a position before where we were on the back-half of the inventory story of a burning basin, Novi Labs head of research Brandon Myers said. (BOE Report) – U.S. TAPPED OUT?
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