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. Inventory Quality: Vast amounts of undeveloped, high-quality acreage remain.

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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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Sustainability Sustainable Oil Basin 52

Rextag

JUNE 2, 2025

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. million b/d. According to Wood Mackenzies forecast, the Permian is expected to add another 1.1

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Rextag

MAY 19, 2025

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). The company focuses on product procurement, logistics, and price risk management, backed by long-term partnerships with upstream gas liquids producers.

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Oil Gas Leads

APRIL 21, 2025

This 6% increase highlights CNRLs steady investment in upstream operations, even amid a broader environment of cautious capital spending. A review of operational data reveals several notable trends across rig deployment, field concentration, and drilling methodologiesshowing both consistency and strategic shifts in resource development.

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Oil Gas Leads

MAY 2, 2025

upstream oil and gas sector. 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

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Basin Operator Oil Gas 52

Permian Basin Oil and Gas Magazine

MAY 1, 2025

by Brian Meyer, PSB Industries With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. The gas processing industry refines natural gas to make it usable for industrial, commercial, and energy-applications.

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Gas Natural Gas Sustainability Sustainable 59

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

With the gas processing industry poised for significant changes in the coming years, adopting new technologies is essential to ensure industry leadership and sustainable business models. By Brian Meyer, PSB Industries The post Gas Processing Looks to the Future appeared first on Permian Basin Oil and Gas Magazine.

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Gas Natural Gas Sustainability Sustainable 59

Rextag

MAY 5, 2025

By leveraging existing infrastructure, Chevron has significantly reduced both development costs and environmental footprint, underscoring its commitment to efficiency, capital discipline, and sustainability. holding a 60% working interest, with TotalEnergies E&P USA, Inc. owning the remaining 40%.

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Barrel Exploration and Production Offshore Basin 52

Permian Basin Oil and Gas Magazine

APRIL 4, 2025

24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. 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.

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Oil Gas Leads

APRIL 29, 2025

Looking ahead, BP plans to drill around 40 exploration wells over the next three years , underscoring its ambition to expand its upstream production base. Top 10 Drilling Rigs by Total Activity (Q1 2024 + Q1 2025) BP and its offshore peers continued to rely on leading rigs across multiple basins. billion (up from $1.2

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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. billion, driven by strong gas volumes and improved upstream operations. Adjusted earnings reached $6.03

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Pro-Gas Services

MAY 10, 2025

This enhanced NGL recovery directly benefits operations in liquids-rich DFW basins. A common configuration involves using membrane separation upstream of a cryogenic process for bulk CO2 and H2S removal, reducing the load and complexity of the cryogenic unit. Membranes can also pre-concentrate NGLs from lean gas streams.

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Natural Gas Gas Condensate Exploration and Production 52

Valor

JUNE 2, 2025

Read more Drilling permits drop as prices fall, signaling industry pullback Summary : Texas drilling permits fell to 570 in April (lowest since 2021), with Midland Basin permits dropping 56% to 133 as WTI prices fell 17% YTD. Permian Basin rigs declined 1 to 278, also a November 2021 low, as the total count fell 37 (6%) year-over-year.

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