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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

oil production and one fifth of natural gas—declined by more than 50% during the 2022-2024 period as improved operations, better equipment and the utilization of AI and other advanced technologies led to reductions across all observable plume rates (large and small), according to a new analysis by S&P Global Commodity Insights.

E&P
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Chevron and Halliburton Enable Intelligent Hydraulic Fracturing

Oil & Gas 360º

We built the digital environment down to the field level and enable our customers to test their best ideas.” Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.

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Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” Some of our manufacturers are implementing tariffs on us. on April 15.

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SLB lands major drilling contract for Woodside’s ultra-deepwater Trion development

Oil & Gas 360º

Manufacturing is currently on track. Woodside is developing the field in partnership with Pemex. This contract follows another major contract from Woodside for the Trion development to the SLB OneSubsea joint venture in 2023, which includes subsea horizontal trees, controls and topside equipment.

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New Era Helium receives approval for approximately 120 miles of rights-of-way to support midstream business unit and responsibly sourced gas initiatives within the Pecos Slope, Permian Basin

Oil & Gas 360º

The legacy system, owned and operated by a third party, experiences approximately 25% Field Loss and Unaccounted For (FL&U) gas, leading to substantial financial and environmental impacts. (Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. New Era Helium, Inc. Additional updates will be provided in the coming weeks.

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Flotek acquires innovative mobile power generation assets and secures multi-year lease providing $160 million revenue backlog and immediate earnings accretion

Oil & Gas 360º

Flotek has an intellectual property portfolio of over 130 patents, 20+ years of field and laboratory data, and a global presence in more than 59 countries. ProFrac operates through three business segments: Stimulation Services, Proppant Production and Manufacturing, in addition to Other Business Activities. ProFrac Holding Corp.

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Chevron Aims for 300K Barrels/Day in Gulf – Ballymore Adds First 75K

Rextag

The field represents Chevrons first development in the Norphlet geological trend, highlighting its expanding technical reach and exploration success in the region. holding a 60% working interest, with TotalEnergies E&P USA, Inc. Partnership and Ownership The project is operated by Chevron U.S.A. owning the remaining 40%.