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ONEOK acquires remaining 49 percent interest in Delaware Basin JV

Permian Basin Oil and Gas Magazine

percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). The post ONEOK acquires remaining 49 percent interest in Delaware Basin JV appeared first on Permian Basin Oil and Gas Magazine. The deal includes $410 million in ONEOK common stock.

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Pipeline Acquisition Alert: WBI Midstream Expands Texas Footprint with 116-Mile System from Enerfin

Oil Gas Leads

June 2025 WBI Midstream LLC, a subsidiary of WBI Energy and part of the MDU Resources Group, has officially acquired the Longhorn Gathering & Transmission System from Enerfin Resources II-92 , adding a strategic 116-mile pipeline footprint across Archer, Clay, and Wichita Counties in Texas. What’s Included in the Deal?

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Vast Majority of MPLX NatGas Processing Happens in Marcellus/Utica

Marcellus Drilling News

Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The new MarkWest, aka MPLX, plays on a much larger stage now, including the ownership and operation of major assets in the Permian Basin.

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Northwind Midstream receives approval for additional AGI well in Lea County

Permian Basin Oil and Gas Magazine

Houston-based Northwind Midstream Partners said recently it received approval from New Mexico Oil Conservation Commission for an additional acid gas injection (AGI) and carbon sequestration well at its Titan treating complex in Lea County, N.M. Northwind said it will further expand total treating capacity to 400 million cfd by 2026.

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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

(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.

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Meet the Millennial CEOs Shaking Up the Permian Basin

Oil Gas Leads

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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Oklahoma Operations of Key Oil & Gas Companies (2025)

Oil Gas Leads

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.