Permian Basin Oil and Gas Magazine

MARCH 4, 2025

And processing across Pemexs seven local refineries (nothing from its new Olmeca refinery in Dos Bocas with capacity of 340,000 b/d) was 886,787 b/d in January down seven percent from last year. appeared first on Permian Basin Oil and Gas Magazine. Pemex produced crude oil and condensate of 1.62

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RBN Energy

MARCH 14, 2025

That limits the need for refinery capacity, which matches the regions average annual consumption and is only outstripped in the summer months. Yet, the Shale Revolution has impacted the Rockies as much as any other region, boosting production in the Denver-Julesburg (DJ) and Uinta basins, and the Montana portion of the Bakken.

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Permian Basin Oil and Gas Magazine

JUNE 27, 2025

Figure A Solids Management the Online Way For several decades, the operators of large storage tanks, such as those found at refineries, have installed permanent cleaning systems to remove solids without having to take tanks out of service. However, such systems are too costly for deployment in onshore field equipment.

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Oil Gas Leads

MAY 7, 2025

This buildout will complement and interconnect with other major systems including the Whistler , Blackcomb , and Matterhorn Express pipelinescreating enhanced routing flexibility for shippers looking to access premium Gulf Coast and inland markets.

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Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.

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Valor

JUNE 30, 2025

average, and two announced refinery closures threaten over 17% of the state’s total refining capacity. In the Permian Basin, the rig count dropped by one to 270, well below the 305 active rigs a year ago, as oil prices experienced a steep decline for the week. This comes as California gas prices hit $4.61 per gallon versus the $3.20

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Permian Basin Oil and Gas Magazine

MAY 1, 2025

The major contracts announced in the African region include Tecnicas Reunidas and Sinopec Engineerings $4 billion new deep conversion oil refinery project in Algerias Hassi Messaoud region and the $1.4 The post Global O&G Contract Value Remains Stable appeared first on Permian Basin Oil and Gas Magazine.

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Permian Basin Oil and Gas Magazine

APRIL 1, 2025

The major contracts announced in the African region include Tecnicas Reunidas and Sinopec Engineerings $4 billion new deep conversion oil refinery project in Algerias Hassi Messaoud region and the $1.4 billion Wuhuan Engineering and WeDos ammonia and urea plant project in Angola.

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Aresco

MARCH 13, 2025

AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency. AI-powered systems can fine-tune extraction techniques, monitor pipeline integrity, and adjust refinery processes to maximize output while reducing the risk of inefficiencies.

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Oil Gas Leads

MAY 2, 2025

upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. ExxonMobils first-quarter 2025 results reveal a clear narrative: U.S. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2025 , a sharp increase from $1.05 billion in Q1 2024.

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Oil Gas Leads

MARCH 10, 2025

This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. ” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution.

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Aresco

OCTOBER 25, 2023

Production increases in the Permian Basin, for example, are a challenge regarding the takeaway capacity of the existing pipeline infrastructure. Assets: Downstream assets include refineries, petrochemical plants, distribution networks, and retail outlets (gas stations).

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Permian Basin Oil and Gas Magazine

JUNE 5, 2025

Crocker, who has been ExxonMobil’s President/Global Business Solutions since 2023, joined the company in 1995 at the Fawley Refinery in the United Kingdom. The post Permian People June 2026 appeared first on Permian Basin Oil and Gas Magazine. He succeeded McKee May 1.

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Valor

FEBRUARY 24, 2025

Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%. Refinery inputs averaged 15.4 Read more U.S. million barrels to 432.5

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Drillers

MARCH 24, 2020

For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. The government has been fighting the illicit refineries for years. on frontier and inland basin projects. One of these measures targets offshore projects specifically.

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Permian Basin Oil and Gas Magazine

JUNE 16, 2025

the son of a refinery worker. Jesse Mullins, Editor Jesse Mullins, editor of Permian Basin Oil and Gas Magazine, can’t help but believe that an emphasis on God, family, and country is good for any generation of Americans. Texaco would not have been happy if I missed my marker zone,” he said with a smile.

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Valor

MARCH 10, 2025

In the Permian Basin, rig count declined by 1 to 3049 fewer than last yearwhile Eagle Ford added 1 rig to reach 49, though thats still 3 less than the previous year. Read more U.S. Meanwhile, US crude production averaged 13.508 million barrels per day for the week ending February 28, 2025, with WTI trading at $67.17 per barrel (up 1.37%).

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The Energy Law

SEPTEMBER 15, 2015

In what may be considered a warning shot to overzealous federal prosecutors looking to obtain criminal convictions under the Clean Air Act (“CAA”) or the Migratory Bird Treaty Act (“MBTA”), the Court of Appeals reversed criminal convictions against Citgo related to violations of both Acts at its Corpus Christi refinery.

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McKinsey

JULY 10, 2025

The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. 1 “EU Emissions Trading System: Scope of the EU ETS,” European Commission.

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Oil & Gas 360º

MAY 9, 2025

These costs range from about $26/barrel in the Eagle Ford area of South Texas, through about $33 to $35/barrel for the Permian Basin, and up to $42 to $45/barrel in other basins including non-shale production. Figures commonly quoted are the average company response. The Fed surveys also ask the price necessary to drill new wells.

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Aresco

NOVEMBER 7, 2024

The Future of Keystone XL The Keystone XL pipeline, a significant project under Trumps first term, was set to bring Canadian oil to American refineries, support job creation, and secure a stable supply of North American oil. refineries but also reduce transportation costs and work towards solidifying North American energy independence.

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