Permian Basin Oil and Gas Magazine

MAY 16, 2025

Austin-based Greenlake Energy announced last week the formation of Greenlake Energy II, its newest exploration and production platform, backed by more than $200 million in equity commitments from NGP Energy Capital Management and Greenlakes management.

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Exploration and Production Basin Energy Energy 59

Oil & Gas 360º

APRIL 1, 2025

(NYSE American: REI) (Ring or the Company) announced that it has completed its previously-announced acquisition (the Transaction) of the Central Basin Platform (CBP) assets of Lime Rock Resources IV, LP (Lime Rock) on March 31, 2025. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

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Basin Energy Energy Exploration and Production 130

Oil & Gas 360º

APRIL 29, 2025

Department of the Interiors Bureau of Land Management (BLM) Pecos District Office. For example, NEHs current daily production of approximately 4,000 Mcfpd, combined with a 25% loss, results in approximately 30,000 Mcf of monthly vented methane (Ch4) equivalent to the CO emissions produced by approximately 37,905 passenger vehicles per year.

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Midstream Basin Gas Exploration and Production 130

Oil Gas Leads

MARCH 13, 2025

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. domestic energy production.

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Basin Management Energy Energy 52

Oil & Gas 360º

APRIL 21, 2025

(Oil & Gas 360) –HOUSTON(BUSINESS WIRE) Chevron Corporation ( NYSE: CVX ) announced today that it started oil and natural gas production from the Ballymore subsea tieback in the deepwater Gulf of America. Chevron is a leading leaseholder in the Gulf and continues to actively pursue opportunities for growth in the basin.

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Oil Crude Oil Exploration and Production Natural Gas 130

Oil & Gas 360º

APRIL 9, 2025

(Oil Price) – Chevron will boost the so-called triple fracs fracturing three wells with one frac spread at one time to more than half of its wells in the Permian basin, a Chevron executive told Reuters , amid efforts to reduce the costs and times of fracking at the worlds top shale basin. According to the top U.S.

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IT Basin Barrel Oil 130

Oil & Gas 360º

APRIL 10, 2025

(Oil & Gas 360) 85% of the remaining 2025 daily production locked in at $68.27/bbl The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. Key Hedging Terms: Remaining 2025 Production: $68.27/bbl bbl WTI and $4.28/MMBtu

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Operator BBL Exploration and Production Basin 130

Oil Gas Leads

JUNE 21, 2025

Their work involves a combination of exploration, development, and operational support, utilizing advanced geophysical and geological techniques. Purchase Geologists Contact Directory – $25 Buy List Now Key Responsibilities: Conduct geological assessments for exploration, development, and production projects.

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Oil & Gas 360º

MARCH 27, 2025

(Investing) –NEW YORK – Global commodities trader Vitol is exploring a sale of its VTX Energy Partners business, in a deal that could value the U.S. Last year, VTX sold its surface acres to oil and gas land management company LandBridge for $245 million. VTX is Vitols second U.S. billion.

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Energy Energy Basin Management 130

Enverus

APRIL 25, 2025

Our journey began with the launch of OpenInvoice , a pioneering tool that brought invoice management into the 21 st century. Since then, we’ve continuously innovated, adding solutions like OpenContract PriceBook for price management, OpenTicket for digital field ticketing and OpenOrder for robust order management.

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Operator Gas Oil Management 130

Oil & Gas 360º

MARCH 20, 2025

TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin. is a Canadian-based exploration and production company specializing in tight gas development.

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Exploration and Appraisal Energy Energy E&A 130

Oil & Gas 360º

JUNE 3, 2025

mboe/d); Q1 2025 average Permian production of 14.5 existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% mboe/d); Q1 2025 average Permian production of 14.5

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Royalty Energy Energy Basin 130

Oil & Gas 360º

MAY 21, 2025

Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Please join us after the conference concludes on Wednesday afternoon with a closing cocktail reception as we reflect on the 2025 Conference. About EnerCom, Inc.:

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Energy Energy Exploration and Production Management 130

Rigzone

JUNE 16, 2025

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. DNO noted that it has four development wells and one exploration well planned in the period through 2026.

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Energy Energy Exploration and Production Field 67

Oil & Gas 360º

APRIL 15, 2025

He has held senior management positions with both service companies and operating companies, contributing to projects at all stages. ” In addition, CanCambria also announces the retirement of the Company’s Corporate Secretary, Margo Peters, who has served in the role since the Companys inception in 2017.

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Completion Energy Energy Exploration and Production 130

Aresco

MARCH 13, 2025

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.

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Gas Oil Exploration and Production Maintenance 95

Oil & Gas 360º

MAY 30, 2025

This acquisition combines large, premier acreage positions in the Utica, creating a third foundational play for EOG alongside our Delaware Basin and Eagle Ford assets, said Ezra Y. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play.

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Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

MAY 29, 2025

In addition, the Company also provides initial results related to hydrocarbon production in the first quarter of 2025 (“Q1”)from its non-operated asset portfolio in theWilliston Basin,North DakotaandMontana,U.S.(the With the publication of this announcement, this information is now considered to be in the public domain.

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BCF Energy Energy Condensate 130

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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Basin Consulting Completion Exploration and Production 52

Rextag

JUNE 2, 2025

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Although the pace of growth is clearly slowing, the basin still offers significant upside potential.

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Basin Exploration and Production Condensate Oil 40

Enverus

APRIL 17, 2025

The market is valuing and rewarding operators who are making the right moves to manage their inventory and remain capital efficient. This blog explores how AI in oil and gas can be a game-changer for small and mid-sized operators and what tools they can use to increase their bottom line.

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Operator Gas Oil Exploration and Production 130

Oil & Gas 360º

MARCH 10, 2025

The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05 million acres in Alberta.

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Energy Energy Exploration and Production Natural Gas 130

Oil & Gas 360º

APRIL 25, 2025

Bayon was CEO of Ecopetrol , one of the most important energy groups in Latin America, where he led 18,000 employees, oversaw production of approximately 700,000 boed and revenues of over $30 billion, and delivered record financial, operational, and safety results. in partnership with Oxy a project that grew from 0 to ca. and the U.K.,

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IT Management Operator Mechanic 130

Oil Gas Leads

JUNE 4, 2025

In a strategic move within Texas’s oil and gas sector, Scout Energy Management LLC has transferred 315.77 This transaction not only highlights the dynamic nature of asset management in the energy industry but also underscores the complementary strengths of both companies and the significance of the regions involved.

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Energy Energy Exploration and Production Basin 52

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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Energy Energy Basin Operator 130

Enverus

APRIL 23, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar. However, these deals have still nearly all been acquired by Canada-based companies.

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Upstream E&P E&A Natural Gas 162

Permian Basin Oil and Gas Magazine

MARCH 1, 2025

With waters role in energy production more critical than ever, organizers of a fast-approaching annual conference on that subject promise that this year’s iteration will be the most impactful yet. PBWIEC provides a platform for companies to connect and showcase their leadership in sustainable water management and energy innovation.

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Basin Exploration and Production Sustainable Sustainability 59

Permian Basin Oil and Gas Magazine

MAY 6, 2025

Despite the spending cut, Ring said it will maintain its second quarter production guidance of 14,200 barrels of oil per day (21,500 boed). The exploration, development and production company is focused in Permian Basin. Ring said spending was lowered in response to the recent decline in oil prices.

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Exploration and Production Energy Energy Basin 52

Oil & Gas 360º

APRIL 28, 2025

Diamondback set a record in the Permian Basin with its acquisition of Double Eagle IV. Buyers on the other hand were already stretched by M&A valuations and can’t afford to continue to pay recent prices now that oil prices are lower.”

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Upstream E&P E&A Natural Gas 130

Oil Gas Leads

APRIL 10, 2025

April 2025 Midland, Texas New Height Energy, LLC, a growing player in the Permian Basin, has officially acquired 25 air permits from SM Energy Company, marking a significant operational expansion in Howard County , near Big Spring, Texas. Whats Included in the Transfer?

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Basin Energy Energy Exploration and Production 52

Rextag

JANUARY 29, 2025

Headquartered in Birmingham, Alabama, Diversified Energy specializes in acquiring and managing legacy natural gas wells, with a market capitalization exceeding $800 million as of last Friday. Maverick, based in Houston, focuses on oil and gas production primarily in Texas and Oklahoma, including assets in the Western Anadarko Basin.

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Energy Energy Basin Barrel 40

Novi

JULY 19, 2024

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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Exploration and Production Basin Operator Oil 52

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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Basin Exploration and Production Barrel Disposal Well 96

Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? How will new policies impact production and investment strategies?

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Basin Oil Gas Exploration and Production 40

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals. What is oil and gas upstream midstream downstream?

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Downstream Midstream Upstream Exploration and Production 52

Oil Gas Leads

APRIL 30, 2025

With improving natural gas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins. Production Holds Steady Natural gas production: 115 Bcf Oil production: 10 Mbbls Total production volume: 115.1

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Natural Gas Basin Midstream Exploration and Production 52

Oil Gas Leads

APRIL 29, 2025

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion in reserve equivalent to $10 per barrel of oil price sensitivity.

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