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(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. With this step, we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet.
When people think of the origins of the oil industry, their minds often go to Titusville, Pennsylvania, where Edwin Drake drilled the first successful oil well in the United States in 1859. While this site is historically significant, it is not the true birthplace of the oil well.
BCCK has signed an agreement with ZAP Engineering and Construction Services Inc. to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system. This contract marks a significant collaboration between BCCK and ZAP Engineering, the project’s engineering, procurement and construction (EPC) firm.
(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.
Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? Image by Luca Binelli via iStock What is the biggest oil discovery of all time?
Most Petroleum engineers would laugh at you if you suggested that you could learn about well production behavior in the Williston from historic production in the Eagleford however that’s exactly what we’re finding after building a “Giga Model” of all the Unconventional oil wells in the Lower 48. (OK The result?
enhancing its footprint in New Mexico’s northern Delaware Basin. The company is already in active trade talks with every relevant Delaware Basin operator , aiming to optimize both legacy and new assets. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp.
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. Liquids” includes crude oil and NGLs.
Operators increasingly turn to emerging basins both domestically and internationally, yet production forecasting in these frontier areas remains severely constrained by limited well control and production history. This blog post is based on the technical paper “Can Transfer Learning Be Used to Forecast Production in Frontier Basins?
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. Ron holds a B.Sc.
This expansion reflects Oxy’s continued investment in integrated operations within the Permian Basin—supporting drilling and production with on-site capabilities that improve efficiency, reduce costs, and support long-term development in the region. ” These fluids are essential to modern oil and gas drilling operations.
Lower breakeven and emissions compared to oil. Geopolitical risks and regulatory overhangs (especially in key basins) are making capital allocation more conservative. Geopolitical risks and regulatory overhangs (especially in key basins) are making capital allocation more conservative.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown.
oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. 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.
The Permian Basin is best known as the beating heart of U.S. oil production. 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. power demand growth —and it’s just getting started. Breaking Down the 7.5
“That added an additional barrier to a market that was already challenged by the lack of remaining attractive opportunities for public E&Ps, especially in the Perman Basin. EOG supercharged its exposure to the Utica liquids window, adding it as a third pillar of the company’s business along with the Delaware Basin and Eagle Ford.
About the Blackcomb Pipeline The Blackcomb Pipeline is a privately held natural gas transmission system designed to deliver rich and dry gas from the Permian Basin and surrounding producing areas to key interconnects and markets across Texas and beyond. For updates on the project and operational milestones, visit [link].
Excited to share a major milestone from one of the Permian Basin’s top operators— ConocoPhillips has brought its Zia Hills Central Facility 2 (CF2) online in the Delaware Basin. Mark Woodward , Reservoir Engineer: Enhanced economics justify initial investment.
We saw everything from “vibe code a production forecast” demonstrations to LLMs generating reservoir engineering functions. Our Booth: The Power of Proprietary Data If there’s one universal truth in oil and gas, it’s that quality data wins every time. Watching attendees interact with Insight Engine in real-time.
For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness. Our engineers design the system to make the most of the available pressure differential.
onshore subsidiary of BP is doubling down on capital-efficient growth in the Permian and Eagle Ford basins while positioning itself to capture upside from strengthening gas markets in Haynesville. US Oil & Gas Operator Account Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled….
New well permit activity in the Permian Basin is showing signs of a notable pullback in 2025. This drop suggests a softening of drilling appetite, especially as operators balance shareholder returns, capital discipline, and ongoing oil price volatility. Outlook While the Permian remains the engine of U.S. That’s a 15.9%
Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Several major basins, including the Permian and Eagle Ford, recorded new lows. Baker Hughes reclassified 8–10 rigs in Marcellus/Utica (gas vs. oil), with historical totals unchanged. Here is a summary of the U.S.
Through definitive agreements to acquire oil and gas assets from Sabinal Energy, LLC and IKAV Energy Inc. Mach is entering the Permian Basin and San Juan Basin , complementing its existing Mid-Continent operations. These acquisitions strengthen what is already the most attractive yield in the oil and gas space.”
This relationship enhances Pembina’s integrated value chain in the Deep Basin and aligns with Whitecap’s operational focus on leveraging infrastructure-led growth in Western Canada. Oil & Gas Operator Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Based on recent announcements, rig activity, and executive commentary, here are the Top 5 Priorities Chevron is expected to focus on for the rest of 2025 : US Oil & Gas Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled… 1.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, MOL Form CO2 Transport JV by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 4:35 AM EST The partners already completed the front-end engineering design for a 62,000-cubic-meter LCO2 transport vessel.
(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com DENVER – July 23, 2025 – EnerCom, Inc.,
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.
Despite a challenging oil market and macroeconomic headwinds, Patterson-UTI Energy (NASDAQ: PTEN) doubled down on its strategy to lead the U.S. Oil & Gas Drilling Engineer Directory – $25 Buy List Now Includes: Account, Contact Name, Email, Location…. The average U.S. domestic use and LNG exports. energy landscape.
With the Permian Basin at the heart of its strategy, APA continues to evolve in response to shifting commodity markets and investor demands for returns over volume. Permian-Focused Capital Discipline and Efficiency APA is doubling down on capital efficiency in the Permian Basin, which now accounts for over 75% of its adjusted production.
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.
Following strong strategic moves in the first half of the year, including acquisitions and technological innovation, here are the top five focus areas that will define Coterra’s direction through the rest of 2025: Permian Basin Account Directory = $10 Buy Now Includes: Account Name. Integration of Delaware Basin Acquisitions The company’s $3.95
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. The cost today is closer to US$0.15/bbl.
Appalachian Basin Operator Account Directory – $10 Purchase Now Includes: Account Name, Location, Phone, Website, Wells Drilled…. Sustained Free Cash Flow and Shareholder Returns In Q2, CNX delivered $188 million in FCF, bringing its cumulative total to approximately $2.5 billion since launching its seven-year plan in 2020.
The Permian Basin’s hirings, promotions, and other personnel matters in the nation’s biggest oil patch—or in companies who do business here. During his multi-decade career at Pioneer, Hall held leadership roles overseeing development and operational strategy in multiple regions, including the Eagle Ford and Permian Basin.
As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. Drilling Engineer US Contact Directory – $25 Buy List Now Only $25 Includes: Account Name, Location, Phone, Website, Wells Drilled….
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. Final Takeaway Permian Resources isn’t chasing volume—it’s engineering a resilient growth model through disciplined M&A, operational excellence, and focused capital allocation.
oil and gas industry is facing mounting headwinds in 2025. According to the latest Dallas Federal Reserve survey, low oil prices, lingering tariffs, and worsening water logistics are prompting operators to sideline rigs, cut drilling plans, and brace for a prolonged period of stagnation. oil production in April 2025: 13.4
via iStock McDermott said it has been awarded a “sizeable” offshore transportation and installation contract by Brazilian oil and gas firm BRAVA Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil. 700K Industry Pros can’t be wrong.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry.
10 âCO 2 storage projects in Europe,â International Association of Oil and Gas Producers, March 2024. This mature technology has a long operational history in the oil and gas industry and is the most commonly used option for short to medium distances. In addition, most of Europeâs depleted oil and gas fields are located at sea.
onshore oil and gas division. shale market aggressively in the early 2010s, acquiring key positions in the Eagle Ford , Haynesville , and Permian basins. shale market aggressively in the early 2010s, acquiring key positions in the Eagle Ford , Haynesville , and Permian basins. Lower 48 subsidiary, BPX Energy.
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