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ConocoPhillips deal marks investment firm’s continued push into Texas’ Midland basin

Oil & Gas 360º

This purchase strengthens the firms growing position in the core of the Midland basin, widely regarded as one of the most prolific energy-producing regions in the United States. This marks the firms fourth Midland basin acquisition in 2025, reflecting Rising Phoenix Capitals focused ground game and direct sourcing strategy.

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A Mediterranean basin without a Mediterranean climate?

McKinsey

The Mediterranean’s signature climate drives tourism and agriculture in the region. What impact is climate change likely to have?

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U.S. Energy Development Corporation expands Permian footprint acquiring $390 million asset and announces upsized credit facility

Oil & Gas 360º

This landmark transaction marks the largest single acquisition in the companys 45-year history and significantly expands its total Permian Basin holdings. These factors position USEDC for sustained, efficient growth and reinforce our commitment to delivering long-term value for our partners. oil and gas properties.

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ExxonMobil Hits 1,000 Wells in the Delaware Basin

Oil Gas Leads

ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Longer Laterals : Successful four-mile laterals at Poker Lake , reducing surface land disturbance and operational footprint.

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Permian Basin Well Permits Decline — AI Forecast Confirms Downward Trend

Oil Gas Leads

The Permian Basin, the beating heart of U.S. While operators still hold large inventories of low-breakeven projects, sustained drilling activity is essential to offset shales steep natural declines. shale oil production, is experiencing a notable contraction in drilling permit activity this spring.

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WaterBridge Launches Open Season for Speedway Pipeline in the Northern Delaware Basin

Oil Gas Leads

On April 1, 2025, WaterBridge officially launched an open season to support the development of its new Speedway Pipeline , a dual 30-inch produced water system designed to address rising pore pressure and enhance flow assurance in the Northern Delaware Basin. million bpd of produced water across 2,400 miles of pipeline in major U.S.

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ExxonMobil’s Permian Basin Strategy: How Technology is Driving Efficiency and Growth

Oil Gas Leads

CERAWeek 2025 Insights ExxonMobils expansion in the Permian Basin took center stage during CERAWeek 2025 , where executives highlighted how technology is reshaping operations to maximize efficiency and production. million barrels per day (bpd) accounting for over 16% of the basins total production. energy production, contributing 6.26.3

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