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Image by shih-wei via iStock According to the Texas Independent Producers and Royalty Owners Association’s (TIPRO) analysis, direct Texas upstream employment for June totaled 205,400. TIPRO said in the statement that fluctuations in monthly employment are normal and subject to revisions with CES data. percent, and Texas down by 7.6
Date: July 2025 Ironwood Midstream Energy Partners LLC continues to strengthen its role in the Eagle Ford Shale with the operation and regulatory management of three significant pipeline permits in Karnes County, Texas. Commodity Classification System Type Total Miles Regulated Unregulated 09830 Gas Private Gas Gathering Line 8.56
As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. However, it is becoming a problem in some onshore fields. This could force operators to stop production in previously profitable fields. Venture capital money flowed in.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Midstream Logistics Pipeline Construction & Maintenance : Pipe transport, ROW access, material yards.
Here’s what to know: Deal Highlights Estimated value : Around $8 billion Assets targeted : Major natural gas fields and pipeline infrastructure in the Haynesville Shale , spanning east Texas and northwest Louisiana. upstream energy assets at this scale, but holds stakes in LNG projects like Cameron LNG (LA) and LNG Canada (BC).
His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. Gatti served on the Board of Helix Energy Solutions Group, Inc. from 2018-2024.
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
Ward, is an upstream LP focused almost entirely on the Mid-Continent. Budget and 2025 outlook: Mach’s capital spending in 2024 totaled about $60 million in Q4 (including $56 MM on upstream development). Mach Natural Resources (Mach Resources) – Mid-Continent Focus Mach Natural Resources (NYSE: MNR), led by CEO Tom L.
As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. From advanced fracking to record production, here are the top 5 strategic priorities that will shape ExxonMobil’s momentum through year-end.
Two people behind a new technology currently being field tested by Double Eagle offered some insight into how the mineral capture part can work. We can sit right in the produced water flow—it’s in a midstream system—and selectively extract the lithium. Hood Whitson is CEO and founder of Element3.
The Rafael gas and condensate field is in Exploration Permit 428, about 150 kilometers (93.21 Image by DanielIngelhart via iStock Buru Energy Ltd. has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027.
This strategic location provides access to vital upstream infrastructure and plays a critical role in supporting Perimeter’s drilling and production operations. With several air permits tied to both Crane and Gaines counties, Perimeter is positioning itself as a growing mid-sized player in the West Texas oil patch.
UpstreamMidstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstreammidstream downstream? Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas.
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
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. This 6% increase highlights CNRLs steady investment in upstream operations, even amid a broader environment of cautious capital spending.
British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace. Infrastructure constraints , especially in remote fields like Sunrise, Altares, and Town. Want to know which operators and fields are sitting on the largest permit backlogs?
Regional Hotspots: Board Field Centre Focus The top drilling centers were clearly dominated by: Board Field Centre Q1 2024 Count Q1 2025 Count Drayton Valley 26 26 Grande Prairie 16 26 BC 7 13 Red Deer 3 6 Grande Prairie saw the most notable surge, increasing from 16 to 26 drilling activities.
The significant number of vertical wells indicates ongoing development in conventional heavy oil fields, such as those in the Lloydminster area. Operational Highlights Cenovus maintained a steady rig count of 19 in Q1 2025, demonstrating consistent operational capacity Oil Gas Leads. billion to $5.0 billion in 2025.
Over time, this builds a dataset that reflects actual field conditions. Final Thoughts In the fast-moving world of upstream oil & gas, accurate drilling time estimates are key to capital efficiency and operational execution. This helps engineers build in realistic time buffers for similar future projects.
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