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. This leads to a bifurcated situation: what is the sustainability of current methodologies for disposal, and what are the infrastructures and processes in place to take a product once regarded as waste and turn it into an asset?

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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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Oil Gas Leads

MAY 16, 2025

Despite reducing its full-year capital expenditure guidance by $200 million and cutting domestic operating costs by $150 million in Q1 2025, Oxy continues to maintain and even expand its drilling footprint in the Permian Basin. Permit Growth Defies Budget Cuts H1 2024 Permits : 316 H1 2025 Permits (actual + forecast) : 387 This marks a 22.5%

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Oil Gas Leads

MARCH 17, 2025

producers, balancing capital discipline and shareholder returns with the need to sustain future output. crude production to hit record highs for the next two years before plateauing later in the decade. The flat rig count reflects a cautious approach by U.S.

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Oil Gas Leads

MAY 21, 2025

Today, its a capital-disciplined, highly engineered system where efficiency and repeatability drive strategy. Why it matters: Productivity Over Volume: Leaders like ConocoPhillips and Devon Energy stress that sustainable, low-cost supplynot sheer drilling volumeis what powers long-term value. Thats what the factory model gives us.

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Oil Gas Leads

MAY 19, 2025

Operators are leaning on efficiency gains and strategic capital deployment to sustain output with fewer rigs. May 19, 2025 As the U.S. Here’s a snapshot of the current landscape, key state-by-state trends, and what it means for 2025. Rig Count Drops Again But Production Still Forecast to Rise For the week ending May 16: U.S.

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Oil Gas Leads

MARCH 14, 2025

Recognizing this need, Chevron, in collaboration with GE Vernova and Engine No. Chevrons Natural Gas-Powered Solution Chevron, GE Vernova, and Engine No. Chevrons history of deploying behind-the-meter power solutions in remote oil and gas operations, such as the Permian Basin, makes this a natural expansion of its expertise.

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Permian Basin Oil and Gas Magazine

MARCH 20, 2025

Those close to the project say t he integration of MSRs with desalination technology offers a sustainable solution to Texas growing water scarcity through purification of produced water generated by oil and gas production. On the right is Jordan Robison, Natura’s VP of Engineering and Program Management.

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Engineering Engineer Basin Petroleum 59

Marcellus Shale Coalition

APRIL 1, 2025

Her remarks reflect a common theme coming out of the general membership meeting: Pennsylvanias natural gas resources are the engine keeping Pittsburgh and Western PAs economy moving from the worlds first independently-powered airport to the citys burgeoning tech, R&D and manufacturing sectors.

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Oil Gas Leads

MARCH 10, 2025

West Virginia remains a highlight , now operating 11 rigs , having sustained its rig addition from three weeks ago. Gas drilling activity could increase in response to a projected rise in gas prices, potentially benefiting gas-heavy basins like the Marcellus and Haynesville.

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Oil Gas Leads

MAY 6, 2025

Diamondback Energy, a bellwether in the Permian Basin, has already pulled back. We need sustainable pricing before committing capital. shale growth but also the economic engine of oil-heavy states like Texas. Were not chasing growth in this environment, a Diamondback spokesperson said. This price level threatens not only U.S.

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Oil Gas Leads

MARCH 10, 2025

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. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.

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Permian Basin Oil and Gas Magazine

MAY 1, 2025

by Brian Meyer, PSB Industries With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. These contaminants can hinder engine performance, accelerate equipment wear, and reduce fuel efficiency.

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Gas Natural Gas Sustainable Sustainability 59

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. These contaminants can hinder engine performance, accelerate equipment wear, and reduce fuel efficiency.

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Gas Natural Gas Sustainable Sustainability 59

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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Oil Gas Leads

MAY 29, 2025

Bedrocks Low-Cost Operating Strategy Founded in 2017, Bedrock Energy Partners focuses on acquiring and enhancing mature oil and gas properties, particularly in the Barnett Shale and other established basins. For more information, visit Bedrock Energy Partners.

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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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Oil Gas Leads

APRIL 29, 2025

Top 10 Drilling Rigs by Total Activity (Q1 2024 + Q1 2025) BP and its offshore peers continued to rely on leading rigs across multiple basins. As 2025 progresses, BPs focus on safe operations , cost discipline , and strategic investment will be critical to creating sustained shareholder value through a shifting energy market landscape.

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Oil Exploration and Production Drilling rig Consulting 52

IBM: Oil & Gas

APRIL 27, 2021

At Wintershall Dea, we’re committed to digitization that improves our decision making and makes us more efficient, competitive and sustainable. When studying a particular exploration tract, we can ask questions like “What reservoir formations are in this basin?” ” and get an intelligent answer.

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Oil & Gas 360º

MARCH 10, 2025

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

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Permian Basin Oil and Gas Magazine

APRIL 1, 2025

They operate with a set of core traits that drive sustained success. Customer-Centricity as a Growth Engine For high-performing companies, customer satisfaction isnt enoughthey aim to create customer advocates. The post The Nine Core Traits of High-Performing Companies appeared first on Permian Basin Oil and Gas Magazine.

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Novi

FEBRUARY 17, 2025

AI is revolutionizing reservoir engineering, and it’s happening right now. Gone are the days when AI was just theoretical; today’s engineers use it to analyze complex data, optimize well planning, and make smarter decisions faster than ever. Building and refining type curves across an asset or basin can take weeks.

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Permian Basin Oil and Gas Magazine

MARCH 17, 2025

This is the kind of pride one can take when surveying the fact that more of the Permians needed infrastructure and manufacturing is happening in the Basin itself. These factors, combined with an evolving political and economic landscape, position the Permian Basin for sustained growth in the years ahead.

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Oil Gas Leads

MAY 5, 2025

The Permian Basin , the largest shale oil-producing region, lost two rigsbringing the total to 287, the lowest since December 2021. The slump, partly driven by tariff tensions, raises questions about how sustainable current dividend and buyback commitments will be. Still, major producers are standing firm.

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