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Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two midstream companies, one in the gasoline stations with convenience stores category, one petroleum refinery company and one oil and gas operator. Almost all of the production growth has come from the Permian Basin region.
The company’s main waste streams involve drilling cuttings and associated fluids, and production and maintenance waste, with the latter’s portion growing notably in recent months. One location is in the Midland Basin and one is in the Delaware Basin. Additional hubs could come later, located on the U.S. Where are we now?
The Wink to Webster Pipeline , operated by ExxonMobil , is one of the most critical crude oil transportation systems in North America, linking the prolific Permian Basin to key Gulf Coast refining and export hubs. midstream infrastructure. Spanning over 640 miles with a 1.5 miles Current Permitted Mileage (2024): 521.71
This proven equipment runs smoothly, requiring predictable maintenance, until a fourth phase comes along: solids. It is therefore essential to regularly remove solids from separation and process equipment to optimize performance, minimize maintenance costs, and mitigate the risk of leaks and environmental damage.
Marathon Petroleum posted a Q1 loss, citing weaker-than-expected margins, seasonal maintenance, and unplanned downtime as key drags on performance. Valero Energy reported a sharp year-over-year profit drop to $282 million as heavy maintenance activity and softer renewable diesel margins weighed on results.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Despite ongoing price volatilitymarked by repeated declinesdemand for expanded energy markets continues to surge.
Through AI-driven predictive maintenance , Liberty achieved a new benchmark in critical equipment longevity , reducing cost of ownership for customers. Gas producers could benefit from lower associated gas production in oil-rich basins if crude activity softens, potentially tightening gas supply in the back half of 2025.
Maintenance capital efficiency improvements ensure sustainable production growth. Low Base Decline Rates: Conventional assets (Weyburn, Viking, Glauconite, Frobisher) maintain a ~20% base decline rate , requiring less capital for production maintenance. This provides stable free cash flow , even in weaker commodity price environments.
Chevrons history of deploying behind-the-meter power solutions in remote oil and gas operations, such as the Permian Basin, makes this a natural expansion of its expertise. Service providers in natural gas power generation, turbine maintenance, and carbon capture solutions stand to benefit as AI data centers seek reliable energy sources.
Key Metrics Value Implication Permian Base Decline 3040% annually Constant drilling needed Well Productivity Plateauing New wells Stability DUC Inventory Shrinking No cushion left Permian Output (20252029) +67 Bcf/d forecast Midstream banks on it Even modest slowdowns have a compound impact. apart isnt just volumeits the cost.
But as basins mature and geology becomes more challenging, the key question becomes: Can these gains be sustained, or has the industry already picked the low-hanging fruit? Travis Stice, CEO, Diamondback Technology and process efficiency gains are being outpaced by geology… its a natural evolution of a maturing basin.
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