Permian Basin Oil and Gas Magazine

JUNE 13, 2025

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.

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Basin Midstream Natural Gas Crude Oil 59

Oil Gas Leads

JUNE 12, 2025

this young, fast-growing operator made its debut at No. Led by co-CEOs Will Hickey and James Walter—both under 40—Permian Resources has quickly become the largest pure-play producer in the Delaware Basin, proving that bold strategy and disciplined execution still win in a volatile market. 1762 in 2025. 1762 in 2025.

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Basin Operator Oil Gas 52

Oil Gas Leads

JUNE 11, 2025

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. Sources are cited in brackets.

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Operator Gas Oil Basin 52

Oil Gas Leads

JUNE 20, 2025

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

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Oil & Gas 360º

MAY 30, 2025

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.

Basin 130

Basin Operator Oil Barrel 130

Oil Gas Leads

JUNE 13, 2025

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.

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Basin Consulting Royalty Completion 52

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). The high-quality operator footprint enhances production visibility and long-term value creation.

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Royalty Basin Spud-in Operator 130

Oil & Gas 360º

JUNE 18, 2025

We anticipate a shift in the global exploration and production market, with offshore basins expected to play an increasing role in global oil production. While I believe we have an incredibly strong and efficient operational organization at Talos, our goal is to take a very good company and make it great through continuous improvement.

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Exploration and Production Energy Energy Offshore 130

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

Oil & Gas 360º

JUNE 20, 2025

Aethon Energy is a private investment firm focused on asymmetric opportunities in onshore energy assets in North America, and has sprawling operations in the Haynesville shale gas basin in East Texas and Louisiana. Reports emerged earlier this week that Mitsubishi Corp. At the time, the assets were valued at some $10 billion.

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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 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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Basin Energy Energy Exploration and Production 130

Enverus

MARCH 10, 2025

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. million per location. [2] million per location. [2]

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Operator Basin Exploration and Production E&P 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 2, 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.

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Operator Hydraulic Fracturing Spud-in Natural Gas 130

Oil & Gas 360º

MAY 20, 2025

shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries. (BOE Report) – U.S. Continental is based in Oklahoma City, Oklahoma. Hess did not immediately respond to requests for comment.

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Midstream IT Oil Operator 130

Oil & Gas 360º

MAY 2, 2025

billion in cash flow from operations in the first quarter, down from $14.7 Despite the lower earnings compared to a year ago, Exxon expressed confidence that the structural and cost-saving measures of the past few years have prepared it to weather the uncertain market environment. Exxon reported on Friday first-quarter earnings of $7.7

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Basin Upstream Oil Offshore 130

Oil & Gas 360º

APRIL 10, 2025

MMBtu Henry Hub HOUSTON, TX, April 10, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The hedges were executed following the closing of Prairies transformative acquisition of DJ Basin assets from Bayswater Exploration and Production. About Prairie Operating Co. Prairie Operating Co. Prairie Operating Co.

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Operator BBL Exploration and Production Basin 130

Oil & Gas 360º

APRIL 15, 2025

This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. USEDC blends operational and financial innovation with a forward-looking approach. from $165 million to $300 million Fort Worth, TX U.S. oil and gas properties.

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E&P Exploration and Production Energy Energy 189

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. About Prairie Operating Co.

Completion 130

Completion Operator Hydraulic Fracturing Natural Gas 130

Oil Gas Leads

JUNE 18, 2025

The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. In addition to physical infrastructure, this amendment included a GIS upgrade— NGG (Natural Gas Gathering) attribute codes were added to pipeline records to enhance operational visibility.

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Pipeline Basin Midstream Operator 52

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. Traverse City-based NGCS has about 351,000 horsepower, including 316,000 operating horsepower and 35,000 horsepower backlog of contracted new equipment.

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Basin Natural Gas Midstream Gas 78

Oil & Gas 360º

APRIL 25, 2025

(World Oil) – GeoPark Limited, an independent oil and gas company with over 20 years of successful operations across Latin America, announces the appointment of Felipe Bayon as its new Chief Executive Officer and a member of the Board of Directors, effective June 1, 2025. in partnership with Oxy a project that grew from 0 to ca.

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IT Management Operator Mechanic 130

Enverus

APRIL 25, 2025

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. Operational bidding is one area where efficient procurement processes are crucial to navigating these complexities and maintaining a competitive edge. Key Features and Benefits 1.

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Operator Gas Oil Management 130

Permian Basin Oil and Gas Magazine

JUNE 10, 2025

The expansion was completed May 29 to increase capacity of the Mongoose plant in Westbrook in Mitchell County in Midland Basin by 53 million cfd from its Phase I capacity of 17 million cfd. The post Tejon completes Phase II expansion of Mongoose plant in Mitchell County appeared first on Permian Basin Oil and Gas Magazine.

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Completion Basin Downstream Gas 52

Permian Basin Oil and Gas Magazine

APRIL 29, 2025

In an operational update for first quarter 2025, Midland-based Diamondback Energy said it is closely monitoring the macro environment and is actively reviewing its operating plan for the remainder of 2025. Diamondback said it can further lower its breakeven oil price through capital and operating cost reductions.

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Operator Basin Barrel Oil 83

Oil Gas Leads

JUNE 18, 2025

About Enerfin Resources Enerfin Resources II-92, based in Houston, TX, is known for operating and optimizing regional gathering systems with a focus on lean midstream asset portfolios. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

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Midstream Pipeline Infill Drilling Basin 52

Oil Gas Leads

JUNE 11, 2025

These areas are cornerstones of the Delaware Basin, where associated gas volumes continue to surge alongside crude output. Midstream Mastery: Why This PA Matters As a pure-play midstream operator , Vaquero’s infrastructure moves gas from wells to processing with scale and precision. gas markets. gas markets.

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Pipeline Midstream Basin Gas 52

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. According to the Chronicle, theres suspicion its part of an international enterprise operating on both sides of the U.S.

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Basin Operator Oil Gas 69

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

Basin 130

Basin Oil Petroleum Gas 130

Oil & Gas 360º

APRIL 29, 2025

The legacy system, owned and operated by a third party, experiences approximately 25% Field Loss and Unaccounted For (FL&U) gas, leading to substantial financial and environmental impacts. Department of the Interiors Bureau of Land Management (BLM) Pecos District Office. ” About New Era Helium, Inc.

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Midstream Basin Gas Exploration and Production 130

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. The company said the declines were primarily due to reduced production in DJ Basin. If we see the macro deteriorating further, well adjust activity.

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Basin Crude Oil Barrel Oil 64

Oil & Gas 360º

JUNE 19, 2025

from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries. His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. Gatti served on the Board of Helix Energy Solutions Group, Inc. from 2018-2024.

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Energy Energy Exploration and Production E&P 130

Oil Gas Leads

JUNE 9, 2025

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. These pipeline permits are crucial to flow assurance —ensuring even during disruptions, Tejon’s network remains operational for its customers.

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Gas Basin Pipeline Operator 52

Oil Gas Leads

JUNE 14, 2025

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: natural gas 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.

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Basin Dry Gas BCF Operator 52

Oil & Gas 360º

JUNE 11, 2025

Conference Overview Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy Value Chain, update investors on their operational and financial strategies, and learn how they create value for stakeholders.

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Energy Energy Management E&P 130

Oil Gas Leads

JUNE 9, 2025

Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. The pipeline is designed to supply ~2 Bcf/d of natural gas from northeastern B.C. to the Ksi Lisims LNG export terminal proposed near Pearse Island on the West Coast. regulator appeared first on Oil Gas Leads.

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Pipeline Basin Natural Gas Gas 52