This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Texas Oil and Gas Association reported Monday record amounts of naturalgas production in the state this year. TXOGA said naturalgas withdrawals rose to 36.9 billion cfd of dry naturalgas – supplying 11.8 marketed naturalgas production. billion cfd. million b/d. billion cfd.
American CNG says it is performing 150 DEMI Diesel Displacer renewable naturalgas (RNG) conversions on Sand Revolution‘s existing diesel fleet, with the potential of additional conversions at a future date. Sand Revolution, based in Midland, Texas, provides turnkey last-mile logistics, focused heavily in the Permian Basin.
A joint venture of ExxonMobil and Woodside Energy has approved a $222-million project to drill new wells and boost naturalgas production from fields in the Gippsland Basin offshore southeastern Australia.
naturalgas futures eased to a two-week low on Monday amid record output, negative spot prices at the Waha Hub and forecasts for mild weather. The Permian Shale boom led to a surge in associated gas production,
(Oil & Gas 360) – Publisher’s Note: CanCambria will present an update on the Kiskunhalas project at EnerCom Denver – The Energy Investment Conference on August 17-20, 2025.
The Permian Basin has been the star of the U.S. shale oil and gas industry for years. But this star is, at least for the time being, dimming as production costs rise with the natural depletion of top-quality acreage. But there is another formation that could take up the torch from the Permian. And its in Canada.
(Oil & Gas 360) – MIDLAND, Texas–June 12, 2025. Nasdaq: NEHC) (“NEHC” or the “Company”), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC (“TCDC”) its joint venture with Sharon AI, Inc., New Era Helium, Inc. Will Gray II, CEO of New Era Helium, Inc.,
naturalgas market, expanding in one of its most profitable business areas. The hedge fund, led by Ken Griffin, agreed to buy assets from closely held Paloma NaturalGas LLC in a deal valued at about $1 billion, people familiar with the matter said. gas production assets, while Mercuria Energy Group Ltd.
naturalgas companies in the Marcellus/Utica, including Ascent Resources, CNX Resources, EQT Corporation, Equitrans Midstream Corporation (now part of EQT), Expand Energy Corporation, MPLX, and Seneca Resources. The post Report: M-U has Lowest Methane Emission Intensity of Any O&G Basin first appeared on Marcellus Drilling News.
percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Delaware Basin JV owns naturalgas gathering and processing facilities in Delaware Basin in west Texas and southeast New Mexico with total processing capacity of more than 700 million cubic feet per day.
Skip to content Oil & Gas Exploration & Production (E&P) Crude Oil NaturalGas LNG Coal Refined Products Offshore Midstream Regulatory Transportation Commodities Oilfield Services Hydraulic Fracturing Drilling Water Regions Canada Mexico United States Asia & Australia Europe Africa South America Middle East Russia Finance Mergers, (..)
Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for naturalgas in the Marcellus) and Cimarex Energy (drills for oil in the Permian and Anadarko basins), issued its first quarter 2025 update last week. There was a lot of news coming from the update. However, two things stood out for us:
NaturalGas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS ADNOC's XRG Targets 20-25 MMtpa Gas Portfolio by 2035 by Jov Onsat | Rigzone Staff | Tuesday, June 10, 2025 | 4:15 AM EST XRG set a goal of building a top-five integrated gas and LNG business with a capacity of 20-25 MMtpa by 2035.
(Oil & Gas 360) –Gillette, WY Cowboy Clean Fuels (CCF), a Wyoming-based climate tech and energy transition company, today announced a groundbreaking offtake agreement with Mercuria, one of the worlds leading independent energy and commodity trading groups.
(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. This facility enhances our financial flexibility and supports our ongoing development activity and pursuit of accretive growth opportunities in the DJ Basin.” its lead arranger. “The KeyBank National Association, MUFG Bank, Ltd.,
has entered into a two-year compressed naturalgas (CNG) supply agreement with a large-scale, independent energy company located in the Permian Basin. The post Certarus Inks CNG Supply Deal with Permian Basin Company appeared first on NGT News. Certarus Ltd. In addition to reducing carbon and other […].
You cant live in todays modern society without the benefits of naturalgas development. Most notably, PITs cutting-edge microgrid , backed predominately by naturalgas, ensures seamless airport operations even in the face of grid failures that cripple other major transportation hubs while keeping energy costs and emissions low.
percent interest in Matterhorn Express, 510-mile naturalgas pipeline that ships Permian Basingas from Waha hub to Wharton and Katy. There also are two laterals in Midland Basin of 85 and 50 miles. Oklahoma City-based Devon Energy and Ridgemont Equity Partners last week divested their 12.5
Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford. Encino’s backers, including the Canada Pension Plan Investment Board, are capitalizing on favorable gas market conditions and rising demand from LNG exports and data centers.
Underground working naturalgas storage capacity in the lower 48 states increased last year, according to the latest data from U.S. EIA calculates naturalgas storage capacity in two ways: demonstrated peak capacity and working gas design capacity. The post EIA: Gas storage capacity increased in 2024 in U.S.,
After a record run of negative pricing last spring and summer, the Permian Basin collectively cheered as WhiteWaters Matterhorn Express pipeline began flowing last October, bringing much-needed takeaway capacity to the area.
The Permian Basin is best known as the beating heart of U.S. 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. GW of Permian Demand According to analysis from Rystad Energy, the Permian Basin’s current 7.5
(World Oil) –Bayswater Exploration and Production (Bayswater), a Denver-based oil and naturalgas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. Having operated in the DJ Basin for 16 years, Bayswater remains committed to Colorado.
Energy Information Administration said last week the number of rigs deployed to drill for naturalgas declined over the last two years. naturalgas-directed rigs decreased 32 percent between December 2022 and December 2024. benchmark Henry Hub naturalgas price reached a 14-year high of $6.95 After the U.S.
The partnership has agreed to create an Acquisition and Development Company ( ADC ) focused on delivering reliable, cost efficient, net-zero power from naturalgas and captured coal mine methane ( CMM ) to meet the soaring demand of data centers for reliable power. and DANBURY, Conn.
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.
Brent Crude $66.90 +0.65% NaturalGas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS North America Drops More Rigs by Andreas Exarheas | Rigzone Staff | Monday, June 09, 2025 | 10:13 AM EST North America cut two rigs week on week, according to Baker Hughes' latest North America rotary rig count. Of the total U.S.
The Ahara license, awarded under the North African country’s 2024 bidding round, sits at the “intersection of the prolific Berkine and Illizi Basins”, TotalEnergies said in a press release. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law.
Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. This major milestone supports the Companys efforts focused on delivering Responsibly Sourced Gas (RSG) and Responsibly Sourced Helium (RSH ). Publisher’s Note: New Era Helium will present at EnerCom DenverThe Energy Investment Conference on August 17-20, 2025.
( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. 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.
Houston-based Archrock, energy infrastructure company with focus on midstream naturalgas compression, said last week it is acquiring NaturalGas Compression Systems in a cash-and-stock transaction valued at $357 million ($298 million cash). million horsepower. million horsepower.
marketed naturalgas production remained relatively flat in 2024, according to U.S. Production averaged 113 Bcfd, according to EIAs latest NaturalGas Monthly. Production growth in Permian Basin was offset by declining production in Haynesville and flat production in Appalachia. naturalgas output.
(World Oil) – Woodside has signed an agreement with bp for the integrated energy major to supply naturalgas to the Louisiana LNG project. Securing this gas supply agreement is an important step for the project. GasCo will be responsible for implementing the gas sourcing strategy to support the Louisiana LNG project.
(BOE Report) – Oil and gas firm APA said on Wednesday it curtailed about 8 million cubic feet per day of U.S. naturalgas production and 500 barrels per day of U.S. naturalgas liquids production in the first quarter in response to weak prices. to be $2 per thousand cubic feet (Mcf) and $4.15
The system comprises a blend of naturalgas gathering and transmission assets: 116.027 total permitted miles 105.19 The system comprises a blend of naturalgas gathering and transmission assets: 116.027 total permitted miles 105.19 The company is a key player in bridging upstream gas production with downstream markets.
(Oil & Gas 360) – Earlier this month, EnerCom met with CanCambria Energy CEO Paul Clarke, PhD, to talk about how the company could transform naturalgas markets in Europe through CanCambrias Kiskunhalas drilling project in the Pannonian tight gasbasin.
The report examines the effects on AECO hub gas pricing, the Canadian benchmark price for naturalgas, from what is expected to be exceptional levels of condensate-directed Montney drilling in the coming years. This will result in substantial demand growth for in-basin condensate volumes because of increased need for diluent.
The merger creates a new heavyweight in Canadian energy, ranking as the seventh-largest oil and gas producer and the fifth-largest naturalgas producer in the country by output. Meanwhile, a new LNG terminal in British Columbia is set to boost naturalgas demand. In March, Synergy Land Services Ltd.
Naturalgas producers in the Permian Basin should once again brace for lower prices at Waha as production looks to outpace the pipeline capacity needed to transport gas to both domestic and international markets, including liquefied naturalgas shipments, said Jason Feit, lead author of a new report from EIR.
Project Update: Prince Rupert Gas Transmission (PRGT) Pipeline Clears Key Regulatory Hurdle The British Columbia Environmental Assessment Office (EAO) has confirmed that the 750-kilometre Prince Rupert Gas Transmission (PRGT) pipeline retains its environmental certificate, clearing the way for construction to continue.
Houston-based Northwind Midstream Partners said recently it received approval from New Mexico Oil Conservation Commission for an additional acid gas injection (AGI) and carbon sequestration well at its Titan treating complex in Lea County, N.M. And Northwind has expanded its naturalgas gathering and compression network in Lea County.
Energy Information Administration (EIA) delivered a sobering update on the Eagle Ford Basin—once a crown jewel of U.S. The report underscores a clear pivot: naturalgas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators.
Energy Information Administration said last week naturalgas pipeline capacity increased by 17.8 In its latest naturalgas pipeline projects tracker, EIA said major projects in Permian, Eagle Ford in south Texas, Appalachia and Haynesville included Matterhorn Express pipeline operated by Whitewater Midstream that can deliver up to 2.5
The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. A recent Pipeline Addition (PA) approved by the Railroad Commission of Texas highlights just how aggressively Targa is scaling infrastructure to match soaring gas production. 8″ 9.62
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content