article thumbnail

Wood Bags Gippsland Basin Maintenance Deal

Rigzone: News

Wood has been contracted to deliver long-term maintenance solutions for Esso Australia-operated onshore and offshore assets in the Gippsland Basin, Victoria.

article thumbnail

Ring Energy announces the closing of the Lime Rock Permian Basin assets acquisition

Oil & Gas 360º

(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. ABOUT RING ENERGY, INC. Ring Energy, Inc. For additional information, please visit www.ringenergy.com.

Basin 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Top posted industry occupations for May included retail salespersons (355), heavy and tractor-trailer truck drivers (285), and maintenance and repair workers, general (284). The top posted job titles for May included maintenance technicians (118), retail cashiers (77), and sales associates (70).

Gas 130
article thumbnail

Clean Energy Signs Multiple RNG Contracts, Expands Dairy Development Projects

NGT News

LA County Metro has renewed its maintenance agreement with Clean Energy for six stations that will power 1,417 transit buses with an expected 137 million gallons of RNG for the length of the contract. Clean Energy Fuels Corp. has signed new fueling contracts, infrastructure expansions and RNG production projects.

Energy 238
article thumbnail

US natgas futures fall 7% to 3-week low on rising output, spot Waha prices turn negative

BOE Report

natural gas futures fell about 7% to a three-week low on Monday on a small increase in output over the last few days even though pipeline maintenance curtailed some gas flows from the Permian Basin in West Texas. That pipeline work in Texas trapped some gas in the Permian shale and caused spot prices [Read more]

article thumbnail

US natgas prices at Waha hub in Texas fall into negative territory

BOE Report

natural gas prices for Monday in the Permian shale basin in West Texas turned negative as spring pipeline maintenance and other constraints trap gas in the nation’s biggest oil-producing basin. Financial firm LSEG said average gas output in the Lower 48 U.S. states fell to 103.9

Basin 82
article thumbnail

Waha prices expected to go negative (again)

Enverus

Natural gas 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 natural gas shipments, said Jason Feit, lead author of a new report from EIR.