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(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.
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. supermajor, told Reuters in an interview.
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.
(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.
Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Conference Dates: August 17–20, 2025. About EnerCom, Inc.:
We anticipate a shift in the global exploration and production market, with offshore basins expected to play an increasing role in global oil production. Talos will invest in high-margin organic projects, complemented by disciplined, accretive bolt-on acquisitions in deepwater basins, which will enhance production and profitability.
(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.
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.
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.
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.
The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas.
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. oil and gas properties.
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.
Department of the Interiors Bureau of Land Management (BLM) Pecos District Office. 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. ” About New Era Helium, Inc. New Era Helium, Inc.
The permit change finalizes the transition of operational control from APA Corporation —which had previously acquired the asset through Callon Petroleum —to Spirit O&G Operating LLC , led by longtime industry executive Todd Guest. miles on US-87 N, turn right, continue 0.4 miles on US-87 N, turn right, continue 0.4
The injection zone of the new well will target the Devonian formation of the northern Delaware Basin. Titan complex currently operates 150 million cfd of high-circulation amine treating capacity and two AGI and carbon sequestration wells. Northwind said it will further expand total treating capacity to 400 million cfd by 2026.
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.
Occidental Petroleum (Oxy), one of the largest producers in the Permian Basin, continues to refine its asset portfolio by divesting select non-core operations in West Texas. miles northeast of Mentone, TX, this facility sits in the heart of the Delaware sub-basin. Morely Hamilton CTB and SWD Permit #145807 – Situated ~2.0
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.
“This acquisition creates a third foundational play for EOG alongside the Delaware Basin and Eagle Ford, enhancing the quality, scale, and resilience of our multi-basin portfolio,” said Ezra Y. CPP manages net assets of $26.4 Yacob, Chairman and CEO of EOG. per share, payable October 31, 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.
ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Longer Laterals : Successful four-mile laterals at Poker Lake , reducing surface land disturbance and operational footprint.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
The move aims to capitalize on the fact that the VTX oil and gas business is one of the few remaining privately-owned operators of scale in the Permian basin after the last two years run of dealmaking in the top U.S. Last year, VTX sold its surface acres to oil and gas land management company LandBridge for $245 million.
In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Kimmeridge projects this basin to move into third place in well economics over the next decade.
Devon Energys fourth quarter 2024 earnings call provided critical insights into the companys ambitious plans for the Delaware Basin, one of its crown jewel assets. Delaware Basin Overview The Delaware Basin continues to be the cornerstone of Devons oil and gas portfolio.
Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.
continues to refine its operational strategy with a focus on optimizing efficiency and profitability across its core operating regions. One of the most innovative approaches Coterra is utilizing is its ‘row developments’ strategy , particularly in the Permian Basin. Coterra Energy Inc. What Are Row Developments?
-based capital provider focused in the energy sector (the “Investor”) to fund growth in the Company’s non-operated asset portfolio in theWilliston BasininNorth DakotaandMontana,U.S.(“Transaction”). “Transaction”).
existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% per share based on the closing price of Viper common stock on June 2, 2025. billion which equates to less than 1.0x
ConocoPhillips is reportedly preparing to sell its oil and gas assets in Oklahomas Anadarko Basin, aiming to raise over $1 billion as part of a broader divestment strategy. The company has enlisted Moelis & Co to manage the sale process, though discussions remain in early stages. The assets, acquired through the $22.5
As the oil and gas industry continues to navigate commodity price volatility and evolving regulatory landscapes, the recent transfer of air permits from Sage Natural Resources LLC to EagleRidge Energy underscores a broader trend in the Barnett Shale: operational consolidation and strategic repositioning. This isn’t just a formality.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
(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.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Please join us after the conference concludes on Wednesday afternoon with a closing cocktail reception as we reflect on the 2025 Conference. About EnerCom, Inc.:
Sydri Operating, LLC has taken a significant step forward in expanding its operational footprint through the acquisition of Texas Commission on Environmental Quality (TCEQ) air permits previously held by Crimson Energy Partners IV LLC.
Vaughan will lead the operations and execution team for the Companys flagship Kiskunhalas project in Southern Hungary. With over 40 years of international experience in the oil and gas sector, Mr. Vaughan brings a proven track record of operational excellence across the full lifecycle of well design and execution.
Austin-based Greenlake Energy announced last week the formation of Greenlake Energy II, its newest exploration and production platform, backed by more than $200 million in equity commitments from NGP Energy Capital Management and Greenlakes management.
Bedrock Production LLC has officially assumed operational control of the Winston E1 Site in Parker County, Texas, following a permit transfer from EnerVest Operating LLC. The company emphasizes a disciplined, data-driven approach to operations, aiming to maximize value for every well while maintaining cost efficiency.
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