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(Oil & Gas 360) – Publisher’s Note: Prairie Operating will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. This strategic and highly accretive bolt-on acquisition enhances our existing footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO.
AUSTIN, Texas (June 25, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year.
The first quarter of 2025 has seen a remarkable surge in oil and gas mergers and acquisitions (M&A) within the upstream oil and gas sector, with transactions totaling $17 billion. This dynamic environment presents both challenges and opportunities for small to mid-sized operators.
(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.,
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.
Executive Summary: Williston BasinOperator Activity (2023–2025) The Williston Basin remains a critical component of U.S. This report profiles 36 active operators —each of which has spud at least one new well since 2023 —providing a detailed look at production volumes, drilling activity, core acreage, and strategic focus.
Hart Energy reported recently that Fort Worth-based Blackbeard Operating is leading a horizontal drilling resurgence in Central Basin platform, “a legacy oil basin that’s drawing industry attention once again.”
This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month.
The new cryo facility will commence operations in Q1 of 2027. The two companies share a mutual goal of advancing gas processing in the Permian Basin. This will be BCCK’s 46th NRU, a testament to our longstanding, unrivaled experience in nitrogen rejection and cryogenic gas processing. An NRU takes shape in Texas.
(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.” About Prairie Operating Co. Prairie Operating Co.
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 natural gas 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.
While many oil and gas giants slipped in the Forbes Global 2000 rankings amid a 15% drop in crude prices and rig reductions across the U.S., this young, fast-growing operator made its debut at No. It’s now the largest pure-play oil company in the Delaware Basin (Texas/New Mexico). 1762 in 2025.
This landmark deal not only reshapes EOG’s portfolio but also sends ripples through the broader energy M&A landscape, signaling a shift in where, and how, operators are seeking growth. Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford.
(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.
Oil and gasoperators in nearby Permian Basin, a source of light pollution, also have adopted dark sky friendly lighting at drilling rigs and gas plants in west Texas. The post Oil, gasoperators adopt dark sky friendly lighting to help reduce light pollution appeared first on Permian Basin Oil and Gas Magazine.
(World Oil) –Crescent Energy has closed the sale of its non-operated Permian basin assets to a private buyer for $83 million in cash, the company announced Tuesday. As both investors and operators, we continually evaluate opportunities to enhance our portfolio, simplify our business and deliver value for investors.
Their leasehold is characterized by high-quality rock, operational scale, and infrastructure advantage. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Dallas-based Peregrine Energy Partners said last week it acquired producing and non-producing oil and gas minerals and royalties in six states, including Texas and New Mexico. The newly acquired assets include interests in more than 1,100 producing wells operated by several of the industry’s leading companies.
Increasing financial constraints, a low commodity price environment and a shrinking pool of prospective basins have transformed how oil and gas players explore for new barrels.
At the original $60/tonne, we observe breakeven viability across remaining inventory in the Delaware and Midland basins. Operators with existing CO 2 infrastructure, such as XOM (Green Line) and OXY (Permian EOR operations) stand to gain from the change and are further incentivized to source anthropogenic CO 2 for EOR operations.
(World Oil) –Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. “We are pleased to get this deal across the finish line with Prairie Operating Co.,”
The Permian Basin is best known as the beating heart of U.S. Driven by the electrification of oil & gasoperations , 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
Date: July 2025 Ironwood Midstream Energy Partners LLC continues to strengthen its role in the Eagle Ford Shale with the operation and regulatory management of three significant pipeline permits in Karnes County, Texas. Commodity Classification System Type Total Miles Regulated Unregulated 09830 Gas Private Gas Gathering Line 8.56
enhancing its footprint in New Mexico’s northern Delaware Basin. “There really is a lot more beyond just those zones… really good targets,” — Will Hickey, Co-CEO M&A and Trade-Driven Optimization PR sees immediate value in the 4,500 non-op acres acquired, planning to trade into operated interests or form new units.
Natural Gas $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.
Permit Number: 08442 Permit Validity: Until July 31, 2025 Commodity Transported: Gas Classification: Private Counties: DeWitt, La Salle Total Permitted Miles: 13.40 Permit Number: 08442 Permit Validity: Until July 31, 2025 Commodity Transported: Gas Classification: Private Counties: DeWitt, La Salle Total Permitted Miles: 13.40
The industry’s obsession with single-basin studies isn’t just limiting our understanding, it might be actively misleading us about what drives production. When More Data Makes Things Worse Here’s the uncomfortable truth: traditional machine learning approaches in unconventional oil and gas are fundamentally broken.
(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The high-quality operator footprint enhances production visibility and long-term value creation.
June 23, 2025 – Kitimat, BC LNG Canada, the landmark export facility led by Shell in partnership with Petronas, PetroChina, Mitsubishi, and Kogas, has announced its first liquefied natural gas (LNG) production from Train 1 (5.6 Trade flow shift: With Canadian gas exports to the U.S. mtpa) at its terminal in Kitimat, British Columbia.
New well permit activity in the Permian Basin is showing signs of a notable pullback in 2025. After several years of strong growth, early indicators point to a more cautious stance from operators heading into the second half of the year. Period New Well Permits Jan–June 2024 4,551 Jan–June 2025 3,828 (incl. forecast) Change –15.9%
moved to second in Enverus’ latest list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements in 2024. Mewbourne, founded in 1965, coordinates its operations in Permian Basin from offices in Midland and Hobbs, N.M. Tyler-based Mewbourne Oil Co.
Formed in 2023 and backed by Bayswater Management , Tejon Treating & Carbon Solutions is rapidly establishing itself as a cornerstone in the Permian Basin’s sour gas infrastructure landscape. Together, these permits form an integrated system: gathering sour gas → compressing → treating → delivering gas or NGLs.
(World Oil) –Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, have announced a strategic purchase of mineral interests in Ector and Midland Counties, TX, operated by ConocoPhillips.
Its no secret that tariffs and trade uncertainties are creating significant challenges for procurement in the oil and gas world. With fluctuating prices and increased operational costs, it has become more important than ever to find the right suppliers quickly and at the best value. Key Features and Benefits 1.
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. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.
Merge Electric Fleet Solutions is initiating a new pilot program to deploy fully-electric Ford F-150 Lightning trucks in the Permian Basin area, enabling oil and gasoperators and service companies to test fully-electric pickup trucks, determine how they will meet drivers’ needs and confidently build a fleet electrification plan.
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company. Build a long-lived, scaled portfolio.
Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] – Andrew Dittmar, Principal Analyst Enverus Intelligence Research [1] How This Deal Affects Mid-Size Operators 1. . 5] Look for opportunities in less consolidated areas or other basins.
( 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.
(World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp. The deal, valued at $608 million, includes 13,320 net acres, 8,700 net royalty acres and 12,000 Boe/d directly offset Permian Resources core New Mexico operating areas.
The need to identify and secure quality acreage is more critical than ever for operators, from traditional family businesses to private equity-backed firms and public companies. The market is valuing and rewarding operators who are making the right moves to manage their inventory and remain capital efficient.
plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. Chevron is taking action to simplify our operating model, execute work faster and more effectively, the company said in a statement. (World Oil) –Chevron Corp. The filing listed the layoff date as July 15, 2025.
(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.
Trinity Gas Storage, LLC is at the forefront of a new era in Texas energy resilience. Just six months after launching Phase I of its state-of-the-art 24 Bcf gas storage facility in Anderson County, East Texas, the company has continued expanding with momentum—and a clear focus on reliability, capacity, and innovation.
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