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(Oil & Gas 360) – Publisher’s Note: Prairie Operating will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. This strategic and highly accretive bolt-on acquisition enhances our existing footprint in the DJ Basin,” said Edward Kovalik, Chairman and CEO.
AUSTIN, Texas (June 25, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, has released its annual list of the most prolific 100 private oil and gas producers in the U.S. based on gross operated production, well count and rig movements across last year. Learn more at Enverus.com.
Natural gas is one of the world’s most important energy resources—cleaner-burning than coal and oil, and a reliable source of heat, electricity, and industrial power. The Permian Basin (Texas and New Mexico) – Known for oil, but it also produces significant amounts of natural gas.
(World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp. Utilizing its highly effective ground game, the company plans to leverage this acreage to trade for incremental interests in existing operated units or establish new operating units.
( Oil & Gas 360) –THE WOODLANDS, Texas, April 01, 2025 (GLOBE NEWSWIRE) — Ring Energy, Inc. 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.
Public Utility Commission of Texas approved a plan to build the first extra high voltage transmission lines in ERCOT to help meet the rapidly growing power needs in Permian Basin. The post Public Utility Commission approves first extra high voltage lines in Permian Basin appeared first on Permian BasinOil and Gas Magazine.
It will utilize existing infrastructure to provide a new pathway from the Waha residue markets in Permian to Mid Continent residue markets in Anadarko Basin. Palo Duro will be a 275-mile, high-pressure natural gas pipeline connecting downstream pipelines while providing takeaway from the Permian Basin.
Its role as an anchor tenant in the Bakken ensures basin-wide stability and investor confidence. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. It was a pioneer in the play and continues to dominate in scale and infrastructure.
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.
Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. Land Market appeared first on Oil Gas Leads.
The permit included all required components: Cover Letter PS-8000 Documentation Non-Utility Certification GIS Shapefiles and Route Maps “This acquisition enhances our ability to serve producers in North Texas with reliable gas gathering and transmission infrastructure,” said a regulatory filing official at WBI.
The Permian Basin is the undisputed engine of American energy growth—and midstream operators like Targa Resources are racing to keep up. Adding gathering mileage improves contract volumes and asset utilization—without exposure to commodity swings.
Where the Pipe Runs: Counties & Context This new loop stretches across Loving, Pecos, Reeves, Ward, and Winkler Counties —the beating heart of West Texas’s oil and gas production corridor. These areas are cornerstones of the Delaware Basin, where associated gas volumes continue to surge alongside crude output. gas markets.
Demand from utilities, power generators, producers, marketers, and LNG players has driven momentum for expanded capacity and higher deliverability. Oil & Gas Operator Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
New well permit activity in the Permian Basin is showing signs of a notable pullback in 2025. This drop suggests a softening of drilling appetite, especially as operators balance shareholder returns, capital discipline, and ongoing oil price volatility. oil production, the data signals a measured pullback in 2025. That’s a 15.9%
(World Oil) – Utilizing scientific and engineering analysis, the Railroad Commission of Texas has issued new guidelines that further strengthen permitting of disposal wells in the Permian basin. Produced water is a byproduct of oil and gas production and is injected into SWDs.
Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. NEH has been granted an intial six-month window by the BLM to temporarily shut in its wells during the installation of the new gathering system, should it elect to utilize this option. Register to attend. New Era Helium, Inc. ” About New Era Helium, Inc. New Era Helium, Inc.
Following strong strategic moves in the first half of the year, including acquisitions and technological innovation, here are the top five focus areas that will define Coterra’s direction through the rest of 2025: Permian Basin Account Directory = $10 Buy Now Includes: Account Name. Integration of Delaware Basin Acquisitions The company’s $3.95
After Public Utility Commission of Texas approved a plan for electric reliability in west Texas, AEP Texas said April 24 it will build one of three 765-kV transmission lines. The Howard-Solstice transmission line is an integral part of the Permian Basin reliability plan.
(Oil Price) –Canadas pipeline giant Enbridge Inc. Enbridge operates the Mainline system, moving more than 3 million barrels a day of crude oil and liquids from Western Canada to the demand markets in the United States. The company booked adjusted earnings of US$1.58 billion (C$2.2
Continental Resources produced 639,733 barrels of oil equivalent per day (boepd) in 2024, and had a well count of 5,055 and 21 active rigs, the complete list revealed. In 2023, Continental Resources ranked first, Mewbourne Oil was fourth, Aethon Energy was third, Ascent Resources LLC was second, and Hilcorp was sixth, the list highlighted.
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.
Geologist Role Description – Oil & Gas Industry Geologists in this role are responsible for analyzing subsurface geological formations to identify, evaluate, and develop oil and gas reserves. Provide reservoir characterization and optimize depletion strategies for enhanced oil recovery (EOR) projects.
Natural gas producers in the Permian Basin should once again brace for lower prices at Waha as production looks to outpace the pipeline capacity needed to transport gas to both domestic and international markets, including liquefied natural gas shipments, said Jason Feit, lead author of a new report from EIR.
The first quarter of 2025 in the Dealaware Basin kicked off with a significant uptick in oil and gas drilling activity across North America. Contractor and Rig Utilization : Q1 2024 saw 189 unique rigs in operation. Oil & Gas Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Utilities are struggling to keep up, and a critical bottleneck has formed: long waits for grid interconnection. For oil and gas producers and midstream operators, this growing crisis presents a compelling opportunity — the rise of off-grid, natural gas-powered energy solutions to support the next wave of AI-driven data infrastructure.
AI in oil and gas is propelling the industry to new heights. The oil and gas industry has always been driven by innovation, and today, artificial intelligence (AI) is pushing the sector into a new era of efficiency, precision, and profitability. Digital twinsvirtual models of physical assetsare also transforming maintenance strategies.
The unconventional oil and gas industry relies heavily on publicly available production data for environmental impact assessments, economic evaluations, and regulatory decision-making. These findings challenge the validity of numerous published forecasts and highlight the urgent need for improved data collection and reporting standards.
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.
(Oil & Gas 360) –HOUSTON, TX, April 02, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin.
June 23, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. How oil prices are faring after U.S. Read more US oil rig count down by 1, says Baker Hughes Summary : For the week ended June 20, the total U.S. Read more Iran has an oil card to play.
One of the most innovative approaches Coterra is utilizing is its ‘row developments’ strategy , particularly in the Permian Basin. Coterra’s operations in the Permian Basin leverage their highly contiguous acreage position to implement sizable and highly efficient projects known as row developments.
June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oil prices fall more than $1 barrel on reports Iran seeks truce with Israel Summary : Oil prices fell 1.3% rigs dropped 4 to 559 (oil -9 to 442, gas +5 to 114), marking a 35-rig annual decline.
As consolidators move to acquire acreage in core shale basins, smaller operators are looking for opportunities in underappreciated basins and fringe areas in core basins. Forecasting the Northwest Shelf of the Delaware Basin One of these new areas of interest is the Northwest Shelf of the Delaware Basin.
(World Oil) – BKV Corporation has formed a strategic joint venture with Copenhagen Infrastructure Partners (CIP), on behalf of its Energy Transition Fund I, to expand BKVs portfolio of carbon capture, utilization and sequestration (CCUS) projects.
recently said its ProPwr division secured its first contract to commit 80 megawatts of power generation for an exploration and production operator in Permian Basin. ProPwr will deliver turnkey power to a distributed microgrid installation utilizing in-field gas where utility power is unavailable to support production operations.
Most Active Rigs H&P 329, H&P 519, and H&P 313 lead in total wells drilled, showing high utilization of these rigs. Permian Basin Dominance The majority of drilling is concentrated in the Permian Basin , reinforcing its position as the most active oil and gas play in the U.S.
(Oil & Gas 360) Opal Coalbank consists of nine DUC wells on track for production this summer Previously announced drilling of Rusch Pad ahead of schedule Recently announced strategic hedging program in the money by ~$70 million HOUSTON, TX, April 28, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. Prairie Operating Co.
Texas produced 2.003 billion barrels of crude oil in 2024 a record volume, according to Railroad Commission of Texas, and the first time for the state to top 2 billion barrels in one year. The commission said March 26 that Texas produced 2,003,844,281 barrels of oil to better the recent records of 1.99 billion barrels in 2023, 1.87
playing a crucial role in oil and gas development across key basins. Below, we break down the latest data, highlighting top trends in drilling activity by province, operator, county, and rig utilization. A diverse set of operators utilizing Cactus Drilling, ranging from major industry players to smaller independents.
(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.
We analyzed drilling data across multiple basins, with a focus on rig utilization and regional hot spots. Combined with broader drilling trendssuch as strong Patterson rig utilization and shifting county-level activitythis points to an industry recalibrating for capital discipline while still growing efficiently where it counts.
oil and gas sector has defied the odds for over a decadeunlocking shale, scaling production, and securing global energy influence. Its monetizing CO by using it in enhanced oil recovery (EOR) , injecting it into aging wells to boost output from reservoirs that cant be accessed with traditional drilling techniques.
CNRLs drill-to-fill strategy refers to its approach of drilling new wells primarily to maintain or maximize facility and infrastructure utilization , rather than for aggressive production growth. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
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