Oil Gas Leads

MARCH 13, 2025

The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. The company has built a reputation for acquiring mature, cash-flowing assets and optimizing their operations for long-term sustainability. domestic energy production. billion debt it will assume from Marathon Oil.

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Oil Gas Leads

MAY 3, 2025

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.

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Oil Gas Leads

MAY 11, 2025

oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustained operational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds.

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Rextag

JUNE 14, 2025

“Energy companies now recognize that without Indigenous participation, it will become increasingly difficult to move these kinds of projects forward.” Cynthia Hansen, Enbridge’s EVP of gas transmission and midstream, said the deal reflects Enbridge’s commitment to advancing reconciliation through sustained economic partnerships.

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Oil Gas Leads

MARCH 3, 2025

Maintenance capital efficiency improvements ensure sustainable production growth. Conclusion: A Strong 2025 and Beyond Whitecap Resources enters 2025 with momentum, efficiency gains, and financial discipline , ensuring long-term sustainability and shareholder value creation.

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Oil Gas Leads

MAY 11, 2025

Industry leaders like ExxonMobil, ConocoPhillips, Chevron, Diamondback, Devon, and Occidental are racing to optimize capital efficiency while sustaining inventory quality. 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?

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Oil Gas Leads

MARCH 7, 2025

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. 600 million in non-core asset sales , primarily in the Southern Delaware Basin.

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Oil Gas Leads

MAY 11, 2025

How Acquisitions, Divestitures, and Disciplined Capital Allocation Sustain U.S. Shale at $40 Oil Even with oil prices hovering around $40 per barrel, U.S. shale producers are thriving. The answer lies in strategic acquisitions , portfolio optimization , and relentless capital discipline. Shale at $40 Oil appeared first on Oil Gas Leads.

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Oil Gas Leads

MAY 21, 2025

Why it matters: Productivity Over Volume: Leaders like ConocoPhillips and Devon Energy stress that sustainable, low-cost supplynot sheer drilling volumeis what powers long-term value. Voices That Define the Model Vicki Hollub (Oxy): Weve become much more efficient, but the next frontier is pairing that efficiency with sustainability.

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Oil Gas Leads

MARCH 11, 2025

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.

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Oil Gas Leads

APRIL 23, 2025

The transfer: Ensures regulatory transparency, Assigns operational responsibility for emissions control equipment, Signals strategic asset realignment in the basin. Approved for a 52-mile pipeline expansion in 2023, bolstering its midstream capabilities and integrating new assets like those acquired from Sage.

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Rextag

MAY 19, 2025

Grand Mesa Pipeline The divestitures fit into a multi-quarter effort by NGL to simplify its business and emphasize more predictable, fee-based midstream revenue. In particular, the company is placing renewed emphasis on the Grand Mesa Pipeline , its flagship crude oil system serving producers in Colorados Denver-Julesburg Basin (DJ Basin).

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Oil Gas Leads

MAY 10, 2025

Notably, Permian Basin production rose 12% year-over-year , despite rig count pressures. Asset Pruning : East Texas gas assets and midstream facilities were sold, streamlining the portfolio. Capital Expenditures Down, Yet Production Holds Strong In Q1 2025, Chevron reported $3.9 billion in capital expenditures , down from $4.1

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Oil Gas Leads

MAY 8, 2025

This decision stems from continued operational efficiency gains and schedule optimization in the Permian Basin and Gulf of America. CEO Vicki Hollub stated: “In the first quarter, our teams sustained focus on operational excellence unlocked additional efficiencies and supported the delivery of resilient free cash flow.”

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Oil Gas Leads

MARCH 19, 2025

Regulatory Compliance and Environmental Stewardship The company remains committed to adhering to TCEQ guidelines , ensuring sustainable operations that align with Texas environmental regulations. Stay tuned for further updates on Sydri Operatings continued expansion and development initiatives in the region.

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Oil Gas Leads

MARCH 15, 2025

playing a crucial role in oil and gas development across key basins. drilling: Strong activity across multiple provinces , reflecting a broad and sustained demand for drilling services. Cactus Drilling remains one of the most active drilling contractors in the U.S., Drilling Activity appeared first on Oil Gas Leads.

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Oil Gas Leads

MAY 5, 2025

Building Smart, Building Clean With the inevitability of AIs expansion, energy planners and tech leaders alike are facing a critical challenge: how to build and operate this next wave of data centers in a sustainable way. The way we power the intelligence of tomorrow will shape more than just technologyit will shape the future of the planet.

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Oil Gas Leads

APRIL 21, 2025

Drilling Operation Q1 2024 Q1 2025 Horizontal 60 70 Directional 18 20 Vertical 16 7 Slant 13 4 Conclusion Q1 2025 confirms CNRL’s commitment to sustaining its drilling program while selectively scaling in priority fields.

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Field Basin Operator Oil 52

Rextag

DECEMBER 23, 2024

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production.

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Oil Gas Leads

MAY 2, 2025

The companys ability to outperform guidance in a volatile macro environment speaks to its execution consistency and operational excellence hallmarks of EOGs multi-basin strategy. production across oil, natural gas liquids (NGLs), and gas came in at 1,048.3 MBoed , confirming strong operational momentum across the portfolio.

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Basin Operator Oil Gas 52

Oil Gas Leads

MAY 6, 2025

Diamondback Energy, a bellwether in the Permian Basin, has already pulled back. We need sustainable pricing before committing capital. The company announced a 10% cut in capital spending and said it wont resume growth until crude climbs back into the $55$65 per barrel range. This cautious tone echoes across the shale sector.

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Oil Gas Leads

MARCH 14, 2025

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. 1 are demonstrating how energy and tech companies can collaborate to drive sustainable and efficient power solutions. Chevron, GE Vernova, and Engine No.

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Natural Gas Gas Basin Operator 52

Energy Transfer

DECEMBER 10, 2024

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. In fact, the No. 1 reason carbon emissions have decreased in the U.S. Methane emissions have also plunged. have fallen 44 percent since 2011. Also of note are advancements U.S.

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Permian Basin Oil and Gas Magazine

APRIL 4, 2025

Our new organizational structure and leadership appointments are designed to improve our operational efficiency and position Chevron for sustained growth, said Mike Wirth, Chevrons Chairman and Chief Executive Officer. The post Movers and Shakers appeared first on Permian Basin Oil and Gas Magazine.

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Novi

MARCH 11, 2025

Platforms integrated across previously siloed workflows, connecting upstream operations with midstream logistics and downstream analytics. Energy companies with decades of operational history across diverse basins and conditions possess an irreplaceable asset that even well-funded competitors cannot replicate.

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Upstream Exploration and Production Operator Oil 52

Rextag

OCTOBER 31, 2024

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. Phillips 66: Chemical and Midstream Magic Phillips 66 surprised investors with a Q3 profit beat, driven by strength in its chemicals and midstream segments.

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Permian Basin Oil and Gas Magazine

MARCH 17, 2025

This is the kind of pride one can take when surveying the fact that more of the Permians needed infrastructure and manufacturing is happening in the Basin itself. These factors, combined with an evolving political and economic landscape, position the Permian Basin for sustained growth in the years ahead.

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