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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.
The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. A recent Pipeline Addition (PA) approved by the Railroad Commission of Texas highlights just how aggressively Targa is scaling infrastructure to match soaring gas production. 8″ 9.62
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.
(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).
The Permian Basin is best known as the beating heart of U.S. In annual energy terms, this equates to 30–35 terawatt-hours (TWh) of new consumption—driven by infrastructure that is built to stay , not just ride a commodity cycle. GW of Permian Demand According to analysis from Rystad Energy, the Permian Basin’s current 7.5
Project Update: Prince Rupert Gas Transmission (PRGT) Pipeline Clears Key Regulatory Hurdle The British Columbia Environmental Assessment Office (EAO) has confirmed that the 750-kilometre Prince Rupert Gas Transmission (PRGT) pipeline retains its environmental certificate, clearing the way for construction to continue.
s Westcoast natural gas pipeline system for CA$715 million (US$511 million) — a landmark deal that represents the first transaction backed by Canada’s new federal Indigenous loan guarantee program. The deal marks Enbridge’s fourth equity partnership with Indigenous groups, and its first involving a natural gas pipeline.
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?
Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2025 update last week. There was a lot of news coming from the update. However, two things stood out for us:
Denver-based Tallgrass said last week it completed anchor shipper agreements for a new pipeline that will transport natural gas from multiple points in the Permian Basin to the Rockies Express pipeline and other points of delivery. Pipeline capacity is designed for up to 2.4 Pipeline capacity is designed for up to 2.4
Oklahoma City-based Devon Energy and Ridgemont Equity Partners last week divested their 12.5 percent interest in Matterhorn Express, 510-mile natural gas pipeline that ships Permian Basin gas from Waha hub to Wharton and Katy. There also are two laterals in Midland Basin of 85 and 50 miles.
Governor Greg Abbott was in Midland recently to sign new legislation for oilfield theft protection in the Permian Basin. The governor’s office said, “Organized criminals and cartels have increasingly targeted oil pipelines and storage tanks, stealing millions of dollars from communities in the Permian Basin.” The post Gov.
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
Natural gas producers in the Permian Basin should once again brace for lower prices at Waha as production looks to outpace the pipeline capacity needed to transport gas to both domestic and international markets, including liquefied natural gas shipments, said Jason Feit, lead author of a new report from EIR.
After a record run of negative pricing last spring and summer, the Permian Basin collectively cheered as WhiteWaters Matterhorn Express pipeline began flowing last October, bringing much-needed takeaway capacity to the area.
Integrated Permitting: The Backbone of Operations Tejon’s infrastructure buildout includes coordinated permitting across pipelines, compressor stations, and air operations: Pipeline System – Permits #10654 & #10655 Permit No. 10654
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.
After years of volatility and infrastructure constraints, a new wave of investment and activity is materializing—driven by strong operator sentiment, a rebound in permitting, and a long-awaited breakthrough in market access: the Trans Mountain Expansion (TMX) pipeline. Maximize volumes, minimal downtime Suncor Energy 765–785K ~6.2
The attack marks Israel’s first strike on Iran’s energy sector, escalating tensions that pushed oil prices up 9% Friday. The laws create a DPS oilfield theft unit and task force to address rising pipeline thefts in the Permian Basin, which fuels Texas’ economy. Read more Baker Hughes reports U.S.
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will be presenting at EneCom Denver – The Energy Investment Conference at the Westin Downtown on August 17-20, 2025. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.
Appalachian Basin Oil Companies List Unlock new business opportunities with our Appalachian Basin Oil Companies List , a powerful sales and marketing resource for service providers targeting the energy sector. Start building your pipeline today! Get instant access and accelerate your business growth in the Permian Basin.
On May 1, 2025 , the Railroad Commission of Texas (RRC) issued a significant new permit to WWM Operating, LLC , authorizing operations for the Traverse Pipeline a major gas transmission project set to enhance energy transport capacity across multiple South Texas counties.
The Matterhorn Express Pipeline, due to begin service in September, will significantly increase natural gas pipeline capacity in the Permian Basin, according to a new analysis from the U.S. Energy Information Administration.
That unsung hero is energy and lots of it. As data centers and power plants are grappling with rising electricity demand fueled by AI technologies, natural gas is emerging as the primary energy source of this digital revolution. Natural gas has several characteristics that make it ideal for fueling AIs energy needs.
Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025. Expected regulatory updates within the next 90 days could further streamline pipeline installations, potentially reducing project costs and timelines. Register to attend. New Era Helium, Inc. New Era Helium, Inc.
Energy Information Administration said last week natural gas pipeline capacity increased by 17.8 Total pipeline capacity of interstate and intrastate additions surpassed the previous years additions for the second straight year. Bcfd of natural gas from Permian Basin to Katy. Bcfd in 2024.
Circuit Court of Appeals decision to revoke a permit for Mountain Valley Pipeline, the Appalachian Basin and the United States are currently facing the consequences of delaying this critical energy project. economic growth and energy security, and will could send energy costs higher for.
(Oil Price) –Canadas pipeline giant Enbridge Inc. reported on Friday record quarterly earnings for the first quarter of the year as it moved a record-high volume of liquids on its huge Mainline pipeline system in North America. bcf/d natural gas pipeline connecting Permian supply to Katy. billion (C$2.2
The sellers are Canada Pension Plan Investment Board (CPP Investments) and Encino Energy. Ownership and Exit Strategy EAP was established in 2017 by Encino Energy and CPP Investments (formerly Canada Pension Plan Investment Board) to acquire high-quality assets in mature U.S. billion in new debt and $2.1
May 27, 2025 The Hugh Brinson Pipeline, a major natural gas infrastructure project led by Energy Transfer LP , continues to move forward as key regulatory approvals are secured. Developer : Energy Transfer LP via its affiliate Hugh Brinson Pipeline LLC. Bcf/d based on demand. Estimated Investment : $2.7
Findlay, Ohio-based MPLX said recently it agreed to acquire the remaining 55 percent interest in BANGL pipeline system from affiliates of Midlands Diamondback Energy and WhiteWater for $715 million. It currently is being expanded to 300,000 b/d by second half 2026. Maryann Mannen, president and CEO, said Feb.
The Permian Basin continues to be a driving force behind U.S. 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. oil and gas production, and ONEOK Inc. Bcf/d in 2025.
The Industrial Energy Consumers of America (IECA) on Feb. 6 sent a letter to Congress urging lawmakers to quickly advance energy permitting legislation to expedite natural gas pipeline capacity. The Industrial Energy Consumers of America is a nonpartisan association of leading manufacturing companies with $1.3
and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. (Oil and SAN FRANCISCO, March 10, 2025 (GLOBE NEWSWIRE) — Diversified Energy Co. PLC (NYSE: DEC, LSE: DEC) ( Diversified Energy ), FuelCell Energy, Inc. and DANBURY, Conn. and DANBURY, Conn.
The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
HOUSTON–(BUSINESS WIRE)–Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Woodsides [Read more]
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. miles PA (Pipeline Addition): 27.00 miles PA (Pipeline Addition): 27.00
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.
Energy Information Administration, and grew by less than 0.4 Production growth in Permian Basin was offset by declining production in Haynesville and flat production in Appalachia. Production growth in Appalachia has been slowing in recent years because of limited pipeline takeaway capacity. total or 35.6 Production grew by 0.1
(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Woodsides CEO Meg ONeill said the agreement marks another milestone for the Louisiana LNG project.
Officials from Federal Reserve Bank of Dallas said New Mexico has quietly become an energy powerhouse and now ranks No. The three officials Garrett Golding, Diego Morales-Burnett and Kunal Patel said March 24 production in the Permian Basin in New Mexico and Texas continued to grow in 2024 to exceed 6 million b/d. million b/d).
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.
Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB).
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