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natural gas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. The Appalachian Methane Initiative (AMI) is a coalition of leading U.S.
percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). The post ONEOK acquires remaining 49 percent interest in Delaware Basin JV appeared first on Permian Basin Oil and Gas Magazine. The deal includes $410 million in ONEOK common stock.
The Permian Basin is best known as the beating heart of U.S. Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. GW of Permian Demand According to analysis from Rystad Energy, the Permian Basin’s current 7.5
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is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil Gatti served on the Board of Helix Energy Solutions Group, Inc.
June 2025 WBI Midstream LLC, a subsidiary of WBI Energy and part of the MDU Resources Group, has officially acquired the Longhorn Gathering & Transmission System from Enerfin Resources II-92 , adding a strategic 116-mile pipeline footprint across Archer, Clay, and Wichita Counties in Texas. What’s Included in the Deal?
Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). In late 2015, MPLX (i.e.,
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Don’t miss the celebration, sponsorship opportunities are still available. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th.
Led by co-CEOs Will Hickey and James Walter—both under 40—Permian Resources has quickly become the largest pure-play producer in the Delaware Basin, proving that bold strategy and disciplined execution still win in a volatile market. It’s now the largest pure-play oil company in the Delaware Basin (Texas/New Mexico). 1762 in 2025.
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.
Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. Register to attend. Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc. ” About New Era Helium, Inc. New Era Helium, Inc.
Occidental Petroleum (Oxy), one of the largest producers in the Permian Basin, continues to refine its asset portfolio by divesting select non-core operations in West Texas. miles northeast of Mentone, TX, this facility sits in the heart of the Delaware sub-basin. Morely Hamilton CTB and SWD Permit #145807 – Situated ~2.0
Vaquero Permian Gathering LLC—under the larger Vaquero Midstream banner—is strengthening its Pipeline Addition (PA) footprint with a significant 76 miles of new high-pressure loop pipe, fully detailed in Permit #09432. These areas are cornerstones of the Delaware Basin, where associated gas volumes continue to surge alongside crude output.
Houston-based Archrock, energy infrastructure company with focus on midstream natural gas compression, said last week it is acquiring Natural Gas Compression Systems in a cash-and-stock transaction valued at $357 million ($298 million cash). million horsepower.
The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. The Bigger Picture: Permian Growth Continues Targa has been executing a basin-wide buildout of gas infrastructure.
The Permians Midland and Delaware basins have seen their share of midstream success stories the past few years many of them privately backed efforts to gain a foothold and then expand into the big time. Navitas Midstream Partners (later sold to Enterprise Products Partners) comes to mind; so do Oryx Midstream and Brazos Midstream.
In its latest June 2025 Short-Term Energy Outlook , the U.S. Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. According to the agency, the Eagle Ford Basin is the leading contributor to that downward revision, with the Permian Basin also playing a key role.
Dallas-based Matador Resources and affiliate San Mateo Midstream last week announced startup of an expansion of San Mateos Marlan cryogenic natural gas processing plant in Delaware Basin. The companys midstream system now has a total gas processing capacity of 720 million cfd in Eddy and Lea counties.
The midstreamenergy sector is undergoing a transformative shift. This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Energy Transfer (ET) Who Are the Key Players? Why the Permian?
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
The Hacksaw Crude Oil Terminal, operated by EVX Midstream Partners, is a significant midstream infrastructure asset located in Tilden, McMullen County, Texas. Strategic Importance The Hacksaw Terminal plays a crucial role in EVX Midstream’s strategy to provide integrated midstream solutions in the Eagle Ford region.
Indigenous Ownership: Ksi Lisims and PRGT represent a growing model of Indigenous equity in energy megaprojects. Regulatory Precedent: The EAO’s ruling on what constitutes a “substantial start” could set an important benchmark for other long-delayed energy infrastructure. regulator appeared first on Oil Gas Leads.
Midstream developers have complained for decades that federal courts reviewing agency approvals for their infrastructure projects have cast too wide a net that is, instead of requiring agencies to simply analyze the specific environmental impacts of the project in question, the courts have been insisting regulators also examine the effects of the (..)
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.
The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. domestic energy production.
Operator Strategies Reflect Growth and Efficiency Here’s a snapshot of what leading heavy oil players are planning in 2025: Company 2025 Production (bbl/d) 2025 CapEx (C$B) Strategic Focus Cenovus Energy 615–635K ~2.7–2.8 Maximize volumes, minimal downtime Suncor Energy 765–785K ~6.2 Optimization + brownfield growth CNRL 810–835K ~2.8
As environmental oversight tightens and sour-gas drilling intensifies, Tejon Treating & Carbon Solutions stands at the nexus of infrastructure development , environmental compliance , and market access for Midland Basin producers.
On April 1, 2025, WaterBridge officially launched an open season to support the development of its new Speedway Pipeline , a dual 30-inch produced water system designed to address rising pore pressure and enhance flow assurance in the Northern Delaware Basin. million bpd of produced water across 2,400 miles of pipeline in major U.S.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp.
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.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Come celebrate as EnerCom once again hosts the broader energy sector, including public and private companies, investors, analysts, and industry leaders.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Come celebrate as EnerCom once again hosts the broader energy sector, including public and private companies, investors, analysts, and industry leaders.
On May 6, Energy Transfer reported its financial results for the first quarter 2025 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. This was another good quarter for Energy Transfer, with adjusted EBITDA growing 6% over Q1 2024. Tom Long, co-CEO, Energy Transfer More highlights from the earnings call are below.
Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. energy production. EPIC NGL Acquisition: Expanding Takeaway Capacity One of the biggest highlights from the call was the acquisition of the EPIC NGL pipeline , which strengthens Phillips 66s Midstream network and reduces reliance on third-party pipelines.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! today opened registration for its 30 th annual EnerCom Denver The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown.
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
Over the past 15 years, the Permian Basin has transformed the landscape of U.S. This report outlines the production trends, regional comparisons, and economic drivers behind the Permians rise as the cornerstone of American energy. crude oil production. million b/d 11 million b/d +223% – Legacy (Vertical wells) 2.6 million b/d 2.1
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.
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.
The Permian Basin continues to solidify its role as the driving force behind U.S. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Expansion of sour gas treating facilities in the Delaware Basin. oil and gas production.
Enbridge executives say partnerships like these are increasingly essential for aligning with Indigenous interests and ensuring community support for energy development. The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc., The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc.,
It would also mark a defining moment in European energy consolidation, especially amid mounting pressure on oil majors to balance profitability with energy transition goals. The energy sector is no stranger to mega-mergersand this one could be the biggest yet. billion acquisition of Pioneer or Chevrons $53 billion deal for Hess.
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