Oil Gas Leads

JUNE 9, 2025

Several major basins, including the Permian and Eagle Ford, recorded new lows. According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Here is a summary of the U.S.

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Oil Gas Leads

JUNE 12, 2025

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

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Oil Gas Leads

MARCH 8, 2025

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.

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Oil Gas Leads

MAY 28, 2025

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. Phase II (Planned) : Additional compression facilities to expand capacity to 2.2

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Oil & Gas 360º

MARCH 6, 2025

The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.

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Oil Gas Leads

MARCH 26, 2025

One of the most innovative approaches Coterra is utilizing is its ‘row developments’ strategy , particularly in the Permian Basin. Coterra’s operations in the Permian Basin leverage their highly contiguous acreage position to implement sizable and highly efficient projects known as row developments.

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Pro-Gas Services

JUNE 15, 2025

From the Permian Basin to the Gulf Coast, companies are pushing the boundaries of efficiency, reliability, and environmental responsibility. The future of this essential technology is being engineered right now, and it looks smarter, more efficient, and more sustainable than ever before. The modern approach is modularization.

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Gas Engineer Engineering Natural Gas 52

Permian Basin Oil and Gas Magazine

JUNE 23, 2025

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.

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Oil Gas Leads

APRIL 14, 2025

The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.

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Oil & Gas 360º

MAY 13, 2025

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.

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Oilfield Technology

JUNE 18, 2025

Equinor has deepened its position in the Santos basin after winning the S-M-1617 block during Brazils 5th Open Permanent Concession bid round. The license is in close proximity to the S-M-1378 block we already own, an area with strong potential that we can leverage to reinforce our position in the Santos basin.

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Oil Gas Leads

APRIL 7, 2025

The Permian Basin, in particular, saw a notable drop, reaching its lowest rig total since February 2022. While Oklahoma, New Mexico, and several other key states held steady in drilling activity, the national rig count dipped againdriven largely by a sharp decline in natural gas rigs.

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Oil Gas Leads

MAY 3, 2025

Pipeline Connectivity : The terminal is connected to the Eagle Ford JV Pipeline, facilitating efficient transportation of crude oil to downstream markets. Engineering and Construction : The project was executed on a fast-track basis, with engineering, procurement, and construction services provided by Sargent & Lundy.

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Oil Gas Leads

MARCH 10, 2025

Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. 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 production growth.

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Midstream Pipeline Energy Energy 52

Oil Gas Leads

APRIL 30, 2025

With key infrastructure positioned in the Haynesville and Appalachian basins, DTM is leveraging its high-quality assets and strong contract profile to support future LNG-driven expansion. LNG: The Long-Term Growth Engine DTM made it clear: LNG is central to its future. With the U.S. Bcf/d , bringing the LEAP system total to 2.1

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Permian Basin Oil and Gas Magazine

APRIL 14, 2025

You are probably aware that the water problem in the Permian Basin is direit is the desert, after all. Disposal of produced water in the past was largely a matter of just pumping it back down underground, as is seen in the proliferation of SWDs (Salt Water Disposals) that dot the landscape in the Permian Basin. Not even on eBay.

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Basin Exploration and Production Disposal Well Barrel 96

Oil Gas Leads

MARCH 17, 2025

crude production to hit record highs for the next two years before plateauing later in the decade.

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Oilfield Technology

JUNE 27, 2025

Then the Texas Railroad Commission initiated a program to monitor seismic activity focused on the Permian Basin. Pipelines, water storage lagoons, and treatment plants, quickly came online to manage PW at scale. The pipelines move water around at a fraction of the cost of trucking. Venture capital money flowed in.

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Oil Gas Leads

MAY 19, 2025

Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S. bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9 bpd in 2024 to 13.4M bpd in 2025 Gas production: Expected to increase to 104.9

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Oil Gas Leads

MARCH 31, 2025

Overall Rig Count : Total U.S. rig count held relatively steady this week, with only a modest overall decline. Rig Count Rises Baker Hughes appeared first on Oil Gas Leads.

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Oil Gas Leads

MAY 2, 2025

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. The term advantaged is used repeatedly in the earnings release not as corporate jargon, but as a meaningful lens into ExxonMobils capital allocation and earnings engine. upstream earnings jumped to $1.87

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Oilfield Technology

JUNE 30, 2025

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.

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Oil Gas Leads

MAY 7, 2025

What Devon Said About Drilling, Rigs, and Completions Devons capital activity in the first quarter averaged 23 operated drilling rigs and 6 completion crews… 136 gross operated wells were placed online, with an average lateral length of 10,700 feet. per Boe, total production cost at $12.42

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Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 We analyze major U.S. 2023 Production: ~6.0

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Aresco

MARCH 13, 2025

AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency. AI-powered systems can fine-tune extraction techniques, monitor pipeline integrity, and adjust refinery processes to maximize output while reducing the risk of inefficiencies.

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Gas Oil Exploration and Production Maintenance 95

Oil Gas Leads

MARCH 24, 2025

Regional drilling activity remains mixed, with the Permian Basin and Eagle Ford experiencing slight declines, while other areas such as Oklahoma and Louisiana are showing growth. Regional Breakdown : Permian Basin : Declined by 1 rig to 300, down by 15 rigs compared to last year. Natural gas output is forecasted to reach 105.2

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Oil Gas Leads

APRIL 28, 2025

Texas and New Mexico, the largest basins, remain flat week-over-week. Broader rig activity remains soft overall , signaling cautious capital spending amid uncertain commodity prices and tariffs.

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Oil Gas Leads

MARCH 10, 2025

Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville. Key Takeaways The rig count decline is modest , suggesting a more stable period after recent additions.

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Oil & Gas 360º

MARCH 10, 2025

The collaborationamongthe three companies would leverage in-basin natural gas production, advanced energy generation via fuel cell technology, and infrastructure financing to create a highly efficient, scalable, and sustainable energy solution tailored for the rapid expansion of data center power capacity requirements.

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Energy Transfer

DECEMBER 10, 2024

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. Our Dual-Drive natural gas compression system, in use since 2001, features patented technology that involves both a natural gas engine and an electric motor. In fact, the No.

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Rextag

JANUARY 21, 2025

Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,

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Permian Basin Oil and Gas Magazine

MAY 1, 2025

These contaminants can hinder engine performance, accelerate equipment wear, and reduce fuel efficiency. One of the groundbreaking innovations during this period was Deoxo technology, which removes oxygen from carrier gases to meet stringent pipeline specifications.

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Gas Natural Gas Sustainability Sustainable 59

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

These contaminants can hinder engine performance, accelerate equipment wear, and reduce fuel efficiency. One of the groundbreaking innovations during this period was Deoxo technology, which removes oxygen from carrier gases to meet stringent pipeline specifications.

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Gas Natural Gas Sustainability Sustainable 59

Permian Basin Oil and Gas Magazine

MAY 12, 2025

A third issue for him is that, in basins like the Permian, CCUS projects inject into oil formations that are no longer viable for productionat least, not with todays technology and pricing. For enhanced oil recovery (EOR) it goes in a known direction, into the pipeline. That reduces your risk greatly if you do that.

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Rextag

APRIL 24, 2025

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.

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Rextag

APRIL 24, 2025

The Austin Chalkan overlying bench above the Eagle Ford Shaleis fast becoming the next big natural gas growth engine, with operators like EOG Resources, SM Energy, and Magnolia Oil & Gas ramping up development to meet rising LNG demand and domestic needs. poised to expand LNG export capacity , interest in gassy basins has surged.

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Oil & Gas 360º

MARCH 10, 2025

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

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