Oil & Gas 360º

JUNE 23, 2025

Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. Producers last month also paid $227 million to the state in natural gas production taxes, up 26 percent from May 2024.

Gas

Oil Gas Leads

JULY 18, 2025

Energy Transfer (NYSE: ET) continues to scale its natural gas infrastructure footprint in Texas, receiving approval from the Railroad Commission of Texas (RRC) for a sweeping pipeline permit that spans more than 8,100 miles. miles Regulated : 1,576.09 miles Unregulated : 6,615.58

Basin

Enverus

JUNE 10, 2025

Historically, EOG has favored organic growth, focusing on early-entry positions in core shale plays like the Delaware Basin and Eagle Ford. Implications for the Wider M&A Market This transaction is significant not just for EOG, but for the entire upstream M&A landscape. Key takeaways: EOG re-enters M&A  with a $5.6B

IT

Oil Gas Leads

JULY 21, 2025

oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.

Natural Gas

Rigzone

JULY 28, 2025

upstream M&A decelerated in the second quarter of 2025, Enverus Intelligence Research outlined in a statement sent to Rigzone recently. upstream M&A decelerated in the second quarter of 2025, Enverus Intelligence Research outlined in a statement sent to Rigzone recently. Image by Stefan Rotter via iStock U.S.

Upstream

Permian Basin Oil and Gas Magazine

AUGUST 1, 2025

Within the Permian Basin, natural gas pricing at Waha continues to struggle, pinned deep in negative territory. Oil rigs have dropped to around 415, down sharply from year-earlier levels, while the number of gas rigs has actually increased to 122. MMBtu—and even Summer 2026 strip lingering around –$2.30/MMBtu—a

Gas

Oil Gas Leads

JULY 15, 2025

Here’s what to know: Deal Highlights Estimated value : Around $8 billion Assets targeted : Major natural gas fields and pipeline infrastructure in the Haynesville Shale , spanning east Texas and northwest Louisiana. upstream energy assets at this scale, but holds stakes in LNG projects like Cameron LNG (LA) and LNG Canada (BC).

Energy

Oil Gas Leads

JUNE 20, 2025

The Permian Basin is best known as the beating heart of U.S. Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. GW of Permian Demand According to analysis from Rystad Energy, the Permian Basin’s current 7.5

Basin

Rigzone

JULY 18, 2025

Natural Gas $3.56 +0.42% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS What Is The Biggest Oil Discovery of All Time? “Such is the size of … Ghawar … [that] making a discovery of this scale in an already proven basin, effectively hiding in plain sight, would be beyond unlikely,” he added.

Oil

Oil Gas Leads

JUNE 18, 2025

The system comprises a blend of natural gas gathering and transmission assets: 116.027 total permitted miles 105.19 Why It Matters This move signals WBI Midstream’s deeper commitment to Texas —a region seeing renewed interest due to low-cost natural gas production, infrastructure consolidation, and growing regional demand.

Midstream

Rigzone

JUNE 20, 2025

The Ahara license, awarded under the North African country’s 2024 bidding round, sits at the “intersection of the prolific Berkine and Illizi Basins”, TotalEnergies said in a press release. Algeria’s national oil and gas company Sonatrach SpA has the majority stake of 51 percent in accordance with Algerian law.

Exploration and Appraisal

Oil Gas Leads

JULY 10, 2025

The project—Application #1958022—is notable not only for its design and scope, but also for its partnership structure and strategic positioning in one of Alberta’s most prolific natural gas areas. t/d , reflecting a deliberate design to handle sour gas safely and efficiently. mol/kmol , with a sulphur emission limit of 0.99

Gas

Oil Gas Leads

JUNE 11, 2025

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.

Operator

Oil & Gas Journal

JULY 29, 2025

The Bass Strait project consists of conventional oil and gas fields in Gippsland basin off the south east coast of Victoria, Australia. Natural gas production from the Bass Strait assets is 100% dedicated to the Australian domestic market and currently supplies about 40% of Australian east coast domestic gas demand.

Exploration and Production

Oil Gas Leads

JULY 9, 2025

These permits—spanning both natural gas gathering and crude oil transportation systems—highlight Ironwood’s commitment to enabling safe, efficient midstream infrastructure in one of the most active oil and gas producing regions in the United States. 09903 Gas Private Concord Gas Gathering 10.81

Midstream

Oil & Gas 360º

JULY 31, 2025

Past Energy Transition and Emerging Technology sessions have featured innovations in geothermal, lithium, solar, helium, renewable natural gas, carbon capture, and even robotics. cacgroup.com bpx energy bpx energy, bp’s US onshore business, operates in the Permian, Eagle Ford, and Haynesville basins.

Energy

Rigzone

JULY 30, 2025

has completed the purchase of the upstream and midstream operations of Olympus Energy for $1.8 billion and consequently raised its projected sales volume for 2025 by 100 billion cubic feet of natural gas equivalent (Bcfe). Image by NATEE MEEPIAN via iStock EQT Corp. ”, EQT said. million.

Completion

Oil Gas Leads

JUNE 18, 2025

The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. A recent Pipeline Addition (PA) approved by the Railroad Commission of Texas highlights just how aggressively Targa is scaling infrastructure to match soaring gas production.

Pipeline

Oil & Gas Journal

JULY 30, 2025

The pipeline is designed to transport natural gas through about 170 miles of pipeline from Williams, La., Supply for the Pelican Pipeline will be sourced from multiple upstream connections in the Haynesville basin, including direct connections to processing infrastructure, the company said at the time of FID. 31, 2024 ).

Pipeline

McKinsey

JULY 10, 2025

This new system, known as the EU ETS2, will focus on upstream emissions, targeting fuel suppliers instead of end consumers. Industrial separation is the most cost-effective capture technology and is widely used in ammonia and bioethanol production, as well as natural gas processing. 2 Comparing €39/ton in a 0.6

Transportation

Rigzone

JUNE 27, 2025

The name Adura is “rooted in their [the companies] respective heritage and focused on shaping the future of the basin in the years ahead”, Equinor explained. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said.

Exploration and Production

Rigzone

JULY 17, 2025

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Santos Q2 Revenue Slightly Hit by Lower Oil Prices by Jov Onsat | Rigzone Staff | Thursday, July 17, 2025 | 4:13 AM EST Weaker liquids prices offset higher sales volumes. The Australian company produced 22.2

Oil

Oil & Gas 360º

JULY 23, 2025

As an Energy Developer, Solestiss accelerates access to baseload power while mitigating budget risks by leveraging nuclear and energy infrastructure expertise and natural gas solutions to drive project success. cacgroup.com bpx energy bpx energy, bp’s US onshore business, operates in the Permian, Eagle Ford, and Haynesville basins.

Energy

Rigzone

JULY 22, 2025

has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027. has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027.

Gas

Oilfield Technology

JULY 28, 2025

According to data collected by the US Department of the Interior’s Office of Natural Resources Revenue, onshore crude oil production from federal lands reached 1.7 Most of this growth was in New Mexico from crude oil produced from federal lands in the Permian Basin. Onshore production of natural gas on federal lands grew from 3.2

Crude Oil

Oil Gas Leads

JULY 26, 2025

The company holds over 1 million net acres in the Permian Basin , the most productive shale play in North America. Oxy holds a 40% stake in Net Power , which is developing zero-emission natural gas power plants that generate electricity while capturing CO₂ at the source. million bpd in 2024 , according to company filings.

Energy

Rigzone

JULY 17, 2025

0% Brent Crude $68.41 -0.16% Natural Gas $3.58 +0.82% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Santos Q2 Revenue Slightly Hit by Lower Prices by Jov Onsat | Rigzone Staff | Thursday, July 17, 2025 | 3:21 AM EST Weaker liquids prices offset higher sales volumes. The Australian company produced 22.2

Barrel

Rigzone

AUGUST 6, 2025

by Jov Onsat | Rigzone Staff | Wednesday, August 06, 2025 | 9:55 AM EST MPLX agreed to buy Five Point's sour gas gathering, treating and processing business in Lea County, New Mexico for $2.375 billion.

Basin

Enverus

APRIL 23, 2025

Calgary, Alberta (April 23, 2025) Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year.

Upstream

Oil & Gas 360º

APRIL 28, 2025

(World Oil) – Enverus Intelligence Research (EIR), a subsidiary of Enverus, is releasing its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. Upstream M&A opened 2025 with $17 billion in deal value, the second-best start to a year since 2018.

Upstream

Permian Basin Oil and Gas Magazine

APRIL 22, 2025

Texas Independent Producers and Royalty Owners Association said April 18 that upstream employment in the Texas oil and gas industry declined in March. Bureau of Labor Statistics show Texas upstream employment for March was 204,400 a decline of 700 industry positions from February. Austin-based TIPRO cited data from U.S.

Upstream

Aresco

OCTOBER 25, 2023

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gas upstream midstream downstream?

Downstream

Permian Basin Oil and Gas Magazine

JUNE 1, 2025

Enverus Intelligence Research (EIR), a subsidiary of Enverus, an energy-dedicated SaaS company, released on April 23 its summary of 1Q2025 upstream M&A activity and outlook for the rest of the year. On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values.

Upstream

Enverus

MARCH 10, 2025

upstream M&A reaching $105 billion in 2024the third highest as recorded by Enverusthe market shows no signs of slowing down, with high price tag deals being driven by the scarcity of high-quality inventory. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1]

Operator

Oil & Gas 360º

MARCH 6, 2025

The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades.

Exploration and Production

Enverus

JUNE 3, 2025

Viper, which is affiliated with upstream operator Diamondback Energy, has turned to an unusually active spree of deals to create a public mineral company with differentiated scale compared to peers. The company was previously focused on the Midland Basin and particularly on interests operated by Diamondback. billion in 2022.

Royalty

Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields.

E&P