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in Mechanical Engineering from the University of Alberta and has held previously roles at Sanjel Corporation, Zodiac Exploration, and Pinnacle Technologies, specializing in hydraulic fracturing in unconventional reservoirs. Gatti earned a degree in mechanical engineering from the University of Alberta, Canada. Ron holds a B.Sc.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
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.
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
The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.
The seminar covers the basics: geology, petroleum engineering, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves estimations.
Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.
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.
It covers the basics: geology, petroleum engineering knowledge, differences between conventional and unconventional plays, the basics of shale and offshore drilling, the economics of oil and gas exploration and production, geologic storage of CO 2 , and reserves calculations.
Aethon has agreed to purchase Tellurians upstream assets for (US) $260MM below street estimates, which ranged from $270MM to $500MM. Despite the market’s dislike of the purchase price, Tellurians upstream assets were in the middle of the pack. Source: Novi Insight Engine. Basin-wide, however, ~$3.00/Mcf
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.
CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin.
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
(NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. www.vitesse-vts.com
Lack of integration: Disconnected teams (drilling, engineering, geology) can lead to mismatched expectations and poorly informed estimates. Captured by the rig crew and drilling engineers, DDRs document everything from drilling depth and bit performance to hours spent on each phase of the operation.
But that growth engine may be running out of steam. We already have a hard time staying ahead with generation in places like Texas and New Mexico, Hollub said, referring to the Permian Basin. As more upstream operations become electrified and digitalized, the oilpatchs dependence on reliable electricity will only intensify.
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. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.
But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit? Mike Wirth, Chevron CEO Wood Mac data shows that weve got the lowest upstream breakeven in the industry. Below, we unpack how top U.S.
The discovery comes amid BP's broader pivot away from rapid renewables expansion toward reinforcing its upstream oil and gas portfolio to meet investor expectations and improve financial performance. Gulf Remains Core to BP's Growth The Gulf of America remains a critical area for BPs upstream operations. BP is also targeting 2.32.5
Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. 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. billion (up from $1.2
These contaminants can hinder engine performance, accelerate equipment wear, and reduce fuel efficiency. View of a plant floor at a PSB Industries facility The post Gas Processing Looks to the Future appeared first on Permian Basin Oil and Gas Magazine.
These contaminants can hinder engine performance, accelerate equipment wear, and reduce fuel efficiency. By Brian Meyer, PSB Industries The post Gas Processing Looks to the Future appeared first on Permian Basin Oil and Gas Magazine.
You’ll end up with the concept of 10X engineers or 10X accountants,” meaning that they are ten times more effective at their jobs. Scher pointed out that an engineer troubleshooting a wellsite issue with, say, a pump, needs AI to show them the whole interconnected picture. What’s upstream of this pump? What’s the context?”
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