Oil & Gas 360º

MAY 30, 2025

plans to lay off nearly 800 employees in the Permian basin, its biggest oil-production operation globally. (World Oil) –Chevron Corp. The bulk of the reductions will come from Chevrons Midcontinent campus on the outskirts of Midland, Texas, the company said in a filing with the Texas Workforce Commission.

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Marcellus Drilling News

APRIL 24, 2025

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling.

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Oil & Gas 360º

MARCH 24, 2025

(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). In February 2025, NGP and the Elk Range team established Elk Range Royalties III.

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Royalty Basin Spud-in Operator 130

Marcellus Drilling News

MARCH 31, 2025

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling.

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Basin Completion Gas Energy 245

Marcellus Drilling News

JUNE 2, 2025

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its less functional and irresponsible counterpart, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling.

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Basin Gas Energy Energy 207

Oil & Gas 360º

APRIL 23, 2025

(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. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3 Mboe/d (~35% oil).

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Oil & Gas 360º

MAY 8, 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.

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Basin Royalty Operator Utilities 130

OilPrice

MAY 6, 2025

Following our report earlier thatSaudi Arabia has declared a new price waron OPEC+ quota-busters such as Kazakhstan, and non OPEC+ members such as US shale producers, today after the close Diamondback Energy, the largest independent oil producer in the Permian Basin, made a historic pronouncement today when it said thatproduction has likely peaked (..)

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Marcellus Drilling News

MAY 12, 2025

Coterra Energy, formed by the merger of Cabot Oil & Gas (drills for natural gas 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:

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Natural Gas Basin Oil Gas 236

OilPrice

APRIL 24, 2025

Chevron Namibia Exploration Limited considers drilling the well in 2026 or 2027 in Petroleum Exploration License 82 in the Walvis Basin, Reuters quoted Chevrons Namibian subsidiary as saying. With this programme, Chevron continues to activate its strong and growing exploration portfolio, according to a company statement.

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Offshore Engineer

APRIL 24, 2025

Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia

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Basin Oil Petroleum Offshore 99

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.

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NGT News

JULY 30, 2021

The Morongo Basin Transit Authority (MBTA), on behalf of the California Association for Coordinated Transportation (CALACT) consortium members, has selected Vicinity Motor buses in a statewide purchasing contract. The contract gives state transit agencies authority to purchase Buy America compliant buses directly from Vicinity Motor Corp.‘s

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Basin Transportation IT Natural Gas 246

Oil & Gas 360º

MAY 2, 2025

(Oil Price) –First-quarter earnings at ExxonMobil ( NYSE: XOM ) topped analyst estimates as higher production in the Permian and offshore Guyana offset part of the lower realizations due to falling oil prices. Exxon reported on Friday first-quarter earnings of $7.7 billion, down from $8.2 billion in the first quarter of 2024.

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OilPrice

MAY 16, 2025

shale heavyweight secured full operatorship of Unconventional Onshore Block 3 (UCO3), a nearly 900,000-acre stretch of oil-prone rock in the Al Dhafra region, smack in the middle of one of the most watched oil basins in the world. Announced Friday, the U.S. Drilling is slated for the second half of 2025,

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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. ( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc.

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NGT News

NOVEMBER 8, 2021

has signed a two-year contract with Morongo Basin Transit Authority (MBTA), executed on its behalf by ARBOC distributor Creative Bus Sales. ARBOC Specialty Vehicles LLC, a subsidiary of NFI Group Inc.,

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Basin Transportation IT 244

Marcellus Drilling News

MARCH 24, 2025

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals and consumptive use for responsible and safe shale drilling.

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Basin Completion Energy Energy 200

NGT News

AUGUST 29, 2022

Sand Revolution, based in Midland, Texas, provides turnkey last-mile logistics, focused heavily in the Permian Basin. American CNG says it is performing 150 DEMI Diesel Displacer renewable natural gas (RNG) conversions on Sand Revolution‘s existing diesel fleet, with the potential of additional conversions at a future date.

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Natural Gas Gas Basin IT 264

Oil & Gas 360º

MAY 20, 2025

Hess Bakken Investments, a Hess subsidiary, operates about 483 producing wells in the Williston Basin in which Continental owns a working interest. (BOE Report) – U.S. As a result, Continental said, it and other non-operating working interest owners in those wells bear a larger financial burden than Hess for midstream fees.

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Oil & Gas 360º

APRIL 17, 2025

ReconAfrica has entered into a Memorandum of Understanding (MOU) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. It complements ReconAfricas activities in Namibia and highlights the potential of the Damara Fold Belt and Rift Basin by adding 5.2

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Basin Oil Petroleum Gas 130

Marcellus Drilling News

MARCH 21, 2025

The highly functional and responsible Susquehanna River Basin Commission (SRBC), unlike its completely dysfunctional and irresponsible cousin, the Delaware River Basin Commission (DRBC), continues to support the shale energy industry by approving water withdrawals for responsible and safe shale drilling.

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Basin Completion Energy Energy 179

OilPrice

APRIL 2, 2025

The sale could potentially involve assets in the Anadarko Basin, ConocoPhillips is considering the sale of oil and gas assets in Oklahoma, which it acquired through its $22.5-billion billion purchase of Marathon Oil last year, Reuters reported exclusively on Wednesday, citing unnamed sources familiar with the matter.

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Basin Oil Gas IT 207

Permian Basin Oil and Gas Magazine

MAY 30, 2025

First quarter production was 311,000 boed (down 14 percent from 4Q) and 141,000 b/d of oil (down 12 percent from 4Q) from its operations in Permian Basin and DJ Basin. First quarter production was 311,000 boed (down 14 percent from 4Q) and 141,000 b/d of oil (down 12 percent from 4Q) from its operations in Permian Basin and DJ Basin.

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RBN Energy

APRIL 1, 2025

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.

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Basin Natural Gas Gas Pipeline 88

Permian Basin Oil and Gas Magazine

MARCH 18, 2025

By deepening our operational footprint in the premier Permian Basin and other key regions, we will continue to align our resources with profitable, high-demand market segments. The post Archrock acquires NGCS to expand compression assets in Permian Basin appeared first on Permian Basin Oil and Gas Magazine. million horsepower.

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Basin Natural Gas Midstream Gas 78

Permian Basin Oil and Gas Magazine

MAY 13, 2025

Midland-based Permian Resources last week revised 2025 guidance after making a bolt-on acquisition in northern Delaware Basin. The post Permian Resources acquires Delaware Basin assets from APA Corp. appeared first on Permian Basin Oil and Gas Magazine. for $608 million. billion to $2.0

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Basin Royalty Crude Oil Operator 72

Permian Basin Oil and Gas Magazine

MAY 20, 2025

The count of active drilling rigs in Permian Basin declined again for the past week, according to Baker Hughes. The post Permian Basin reports lowest rig count in 42 months since November 2021 appeared first on Permian Basin Oil and Gas Magazine. Its Permians lowest count for 42 months since November 2021. Eddy County, N.M.,

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Permian Basin Oil and Gas Magazine

MAY 27, 2025

Officials from Texas Department of Public Safety told the Houston Chronicle there has been a surge in activity in oilfield theft the past two years in Permian Basin. The post FBI task force, Texas DPS report surge in oilfield theft in Permian Basin appeared first on Permian Basin Oil and Gas Magazine.

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Basin Operator Oil Gas 69

Permian Basin Oil and Gas Magazine

MAY 20, 2025

Houston-based Plains All American Pipeline said recently it acquired the Permian Basin crude oil gathering system of Black Knight Midstream. Chris Chandler, COO, said of the Black Knight asset, Its in the absolute core of the northern Midland Basin. The $55 million deal closed May 1.

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Oil & Gas 360º

APRIL 25, 2025

He is a proven and disciplined dealmaker who brought Ecopetrol into the unconventional Permian basin in the U.S. This appointment follows the decision of Andrs Ocampo to step down for personal reasons. in partnership with Oxy a project that grew from 0 to ca.

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RBN Energy

MAY 9, 2025

In just a few years, the Uinta Basin has morphed from a quirky, waxy-crude curiosity to a burgeoning shale play with production north of 170 Mb/d and initial production (IP) rates that compare favorably with the best wells in the Permian.

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Basin IT Transportation Crude Oil 85

Enverus

MAY 30, 2025

Targeting this area provided for a significantly less expensive acquisition cost for undeveloped locations than what could be found in the Permian while also getting a much less developed asset than what would be available at scale in areas like the Eagle Ford and Williston Basin. billion, inclusive of Encinos net debt. billion in 2018.

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IT Petroleum Energy Energy 130

RBN Energy

MAY 22, 2025

Theres a lot to like about the Uinta Basins waxy crude, but ramping up its production and use in refinery feedstock slates will require multimillion-dollar investments in rail terminals, special rail cars, heated storage, refinery equipment and other midstream and downstream infrastructure.

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Oil & Gas 360º

APRIL 29, 2025

Department of the Interiors Bureau of Land Management (BLM) Pecos District Office. These estimates reflect the Companys production and does not take into account the remaining volumes that are gathered and treated by this aging system each day. The Company remains committed to begin helium sales in late Q4 2025, pending timely construction progress.

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RBN Energy

JUNE 3, 2025

Weve discussed the qualities of the Uinta Basins unusual waxy crude, the challenges inherent in moving it to market, and the use of machine-learning AI to optimize its extraction from two key geologic layers or benches deep below the rugged hills of northeastern Utah.

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IT Basin Crude Oil Oil 89

OilPrice

MAY 21, 2025

Brazils Petrobras is planning to start drilling in the Foz de Amazonas Basin by the end of the month, Reuters has reported, citing unnamed sources close to the company. The company was currently waiting for coral-clearing at the future drilling site to end and move on to the actual drilling. The regulator recently approved

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Basin Oil IT 162