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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Oil & Gas 360º

MAY 5, 2025

But even in the mighty Permian Basin, which turned the United States into the worlds biggest oil producer, resources eventually deplete. This field alone now produces over 6 million barrels per day, nearly half of the nations current production and more than the entire country produced before the technological revolution.

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Oil & Gas 360º

APRIL 28, 2025

(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co.

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Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “At flat activity, we can grow the Lower 48 business.

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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. million b/d of production before reaching a plateau of 7.7 million b/d. million b/d.

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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 Sustainability Sustainable 59

Oil Gas Leads

MAY 11, 2025

How Acquisitions, Divestitures, and Disciplined Capital Allocation Sustain U.S. Below, we explore how this strategy is enabling resilience in the shale patch, using direct insights from the industrys top voices. Shale at $40 Oil Even with oil prices hovering around $40 per barrel, U.S. shale producers are thriving.

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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. million acres in Alberta.

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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. We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. From acquiring licenses to starting production can take over a decade.

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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. 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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Rextag

MAY 5, 2025

Chevron Corporation, one of the worlds leading integrated energy companies, has announced the start of oil and natural gas production from the Ballymore subsea tieback project, located in the deepwater Gulf of America. This reduces our development costs and is expected to drive higher returns for shareholders.

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Oil Gas Leads

MARCH 15, 2025

playing a crucial role in oil and gas development across key basins. Top 10 Operators Utilizing Cactus Drilling Several major oil and gas operators are leveraging Cactus Drilling rigs for their exploration and production programs. Concentration of drilling in key counties , indicating where production potential is highest.

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Rextag

DECEMBER 23, 2024

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. Double Eagles Exploration of a Sale Value: Potentially $6.5

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Rextag

DECEMBER 18, 2024

In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., Whispers of Greatness: Early exploration hinted at untapped reserves that could change the game. Production in the U.S. Halliburton A leader in fracking technologies, enabling the rapid rise of shale gas production.

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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. BPs internal planning assumptions currently model Brent crude at $71.50

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Valor

APRIL 21, 2025

Record-breaking production and soft near-term demand continue to pressure prices, although strong LNG export demand offers longer-term support. natural gas production remained flat in 2024 Summary : In 2024, U.S. marketed natural gas production remained nearly flat at 113 Bcf/d, with Permian output rising 12% to 25.4

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Permian Basin Oil and Gas Magazine

APRIL 4, 2025

24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. Bruce Niemeyer , then President/Americas Exploration and Production, was named President/Shale and Tight, effective July 1. Gilfillian * Neff Niemeyer Chevron Corporation announced on Feb.

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Novi

MARCH 11, 2025

They deliver precise, objective production forecasts across numerous well scenarios by analyzing more variables than humanly possible. This insight led to what may be their most valuable innovation: Novi Labs offers the most accurate production data for oil, gas, and water in the industry.

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Pro-Gas Services

MAY 10, 2025

Natural Gas Liquids (NGLs), including ethane, propane, butanes, and natural gasoline, are vital to numerous aspects of modern life, serving as essential fuels and feedstocks for a vast array of products, from plastics to clean-burning energy sources. This enhanced NGL recovery directly benefits operations in liquids-rich DFW basins.

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Rextag

NOVEMBER 11, 2024

Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., gas basins, rising LNG demand and domestic consumption growth is well-aligned to support long-term gas price improvements and sustained company growth. From Bankruptcy to #1! it was Chesapeake Energy.

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Valor

FEBRUARY 11, 2025

The improved earnings were primarily due to increased oil equivalent production volumes, which averaged 2,183 thousand barrels of oil equivalent per day, up from 1,902 MBoe/d in the prior year. The Permian Basin saw the largest increase, adding four rigs, highlighting the resilience of U.S. billion, a slight decrease from $15.31

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