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Reusing produced water

Oilfield Technology

Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Most of this water goes back into the producing formations via injection wells as part of IOR and EOR programs to get more production from ageing fields. As fields age, they generate higher water to oil ratios.

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Riley Permian acquires Silverback Exploration in Eddy County

Permian Basin Oil and Gas Magazine

Oklahoma City-based Riley Exploration Permian said last week it acquired Silverback Exploration, a largely undeveloped asset in New Mexico, for $142 million (cash) to add 5,000 boed of production and more than 300 gross undeveloped locations. The company completed 6.3 net wells in 1Q.

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Movers and Shakers

Permian Basin Oil and Gas Magazine

24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. Bruce Niemeyer , then President/Americas Exploration and Production, was named President/Shale and Tight, effective July 1. Gilfillian * Neff Niemeyer Chevron Corporation announced on Feb.

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How Low Could Crude Prices Go—Or Will They Fall at All?

Permian Basin Oil and Gas Magazine

crude production, which could easily push crude prices lowerinto this second quarter of 2025, as supply would likely then outpace demand. Exploration and production companies (E&Ps) continued to focus on healthy balance sheets and capital discipline, providing buyers with liquidity and access to public high-yield debt at reasonable rates.

E&P 59