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(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.
(World Oil) – Citing the latest Current Employment Statistics (CES) report from the U.S. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction. In May, Texas energy producers paid $411 million in oil production taxes, according to the Texas comptroller’s office.
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
June 2025 WBI Midstream LLC, a subsidiary of WBI Energy and part of the MDU Resources Group, has officially acquired the Longhorn Gathering & Transmission System from Enerfin Resources II-92 , adding a strategic 116-mile pipeline footprint across Archer, Clay, and Wichita Counties in Texas. What’s Included in the Deal?
Below we summarize recent (2024–2025) drilling activity, budget allocations, and production volumes in Oklahoma (primarily the Anadarko Basin and related plays) for six companies: Ovintiv , Mach Natural Resources , Devon Energy , Coterra Energy , Continental Resources , and Mewbourne Oil Company. Liquids” includes crude oil and NGLs.
Houston-based Northwind Midstream Partners said recently it received approval from New Mexico Oil Conservation Commission for an additional acid gas injection (AGI) and carbon sequestration well at its Titan treating complex in Lea County, N.M. Northwind said it will further expand total treating capacity to 400 million cfd by 2026.
shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries. Continental has been deprived of about $34 million to $69 million of revenue for oil and gas production, the filing said.
Energy independent Continental Resources has accused sector player Hess Corp of fraud to the tune of $69 million in a lawsuit alleging the latter artificially inflated the price of its midstream services through deals with its own subsidiaries.
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries.
Permit Number: 08442 Permit Validity: Until July 31, 2025 Commodity Transported: Gas Classification: Private Counties: DeWitt, La Salle Total Permitted Miles: 13.40 miles Regulated Miles: 0.00 Unregulated Miles: 13.40 Amendment Codes: MP (Merge Permits): 2.11 mi PA (Pipeline Addition): 4.24 mi OM (Other Modifications): 7.05 09136 – 0.82
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.
Vaquero Permian Gathering LLC—under the larger Vaquero Midstream banner—is strengthening its Pipeline Addition (PA) footprint with a significant 76 miles of new high-pressure loop pipe, fully detailed in Permit #09432. Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St.
The outlook for Western Canada’s heavy oil sector in 2025 is decisively optimistic. This upswing in permits aligns with broader capital plans from oil sands and thermal oil producers signaling renewed confidence in long-cycle heavy oil assets. Cost control, reliability Imperial Oil 400–430K ~2.0
oil production. Driven by the electrification of oil & gas operations , midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. Midstream Infrastructure: Driving the Demand Curve This structural growth is clearly reflected in regulatory filings.
percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash). Following close of the transaction May 28, EnLink MidstreamOperating, a wholly owned indirect subsidiary of ONEOK, owns 100 percent of outstanding limited liability company interests of Delaware G&P.
The company’s flagship customer conference brought together more than 700 leaders, innovators and decision-makers from across the energy value chain to explore the future of energy through the lens of generative artificial intelligence, market transformation and operational excellence. operating companies. Learn more at Enverus.com.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. News & World Report and Best Lawyers “Best Law Firms” 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law. Conference Dates: August 17–20, 2025.
COG Operating announced June 27 resolves a contentious dispute between surface estate owners and mineral estate holders “with far reaching implications for the water midstream sector and upstream oil and gas industry.” The opinion in Cactus Water Services v.
The Permian Basin is the undisputed engine of American energy growth—and midstreamoperators like Targa Resources are racing to keep up. In addition to physical infrastructure, this amendment included a GIS upgrade— NGG (Natural Gas Gathering) attribute codes were added to pipeline records to enhance operational visibility.
The Hacksaw Crude Oil Terminal, operated by EVX Midstream Partners, is a significant midstream infrastructure asset located in Tilden, McMullen County, Texas. This expansion included the construction of three 5,000-barrel API 650 steel oil tanks, a 1,000-barrel slop oil tank, and a 750-barrel fiberglass water tank.
Long runway in Permian Devon believes it still has extensive room to run in the Delaware Basin thanks to improvements in well positioning and midstream capacity (e.g., His confidence is underpinned by efficiency gains, pipeline development, and operational discipline—all aimed at bullish production curves in the coming years.
The EPIC Crude Pipeline, which stretches from the prolific Permian Basin in West Texas to Corpus Christi, has operated above its original nameplate capacity for more than a year, with volumes rising in recent months. Owner EPIC Midstream in April sold its NGL pipeline to Phillips 66 for $2.2
The project will tap into the Smackover Formation, a geologic unit better known for its oil and gas history but now gaining attention for its lithium-rich brines. Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St. Vernon, Texas.
Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St. Its role as an anchor tenant in the Bakken ensures basin-wide stability and investor confidence.
to deliver a 45 MMSCFD NiTech Dual Tower Nitrogen Rejection Unit (NRU) and oil removal system. The new cryo facility will commence operations in Q1 of 2027. NiTech NRU technology empowers operators to recover reserves previously deemed uneconomical due to high nitrogen or other contaminants. An NRU takes shape in Texas.
In a shift that reflects renewed confidence in the oil market, Coterra Energy CEO Tom Jorden announced the company will maintain nine active rigs in the Permian Basin , backing away from previously announced plans to scale down operations. Previous Cutback Reason: $150M capex reduction due to oil price and macroeconomic uncertainty.
In a year marked by falling oil prices and industry-wide cutbacks, Permian Resources has emerged as a rare success story. While many oil and gas giants slipped in the Forbes Global 2000 rankings amid a 15% drop in crude prices and rig reductions across the U.S., this young, fast-growing operator made its debut at No.
Chevron plans to leverage its deep expertise in fluid handling and reservoir management to scale DLE operations and supply battery-grade lithium for EVs, grid storage, and consumer electronics. From oil wells to lithium brines, Chevron is powering the electrification era—one acre at a time. This move supports both U.S.
Oil cut remains stable at ~47%, supporting strong cash flow. Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St. Devon expects to drill ~265 wells in 2025, focused heavily on multi-zone development (e.g., Wolfcamp B).
Oil & Gas 360) –MIDLAND, TexasApril 29, 2025. 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. Register to attend. New Era Helium, Inc. Will Gray II, CEO of New Era Helium, Inc.,
It positions Cactus as a technology-forward driller ready to meet operators’ increasing demand for predictable, data-driven well delivery —especially important amid tight capital budgets and rising ESG expectations. Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St.
Oil & Gas Canada Account Directory – $10 Purchase Now Includes: Account Name, Location, Phone, Website, Wells Drilled… Key Takeaways: Initial capacity online: Train 1 (5.6 Operational hiccups: Startup is not at full capacity due to line issues, but the commissioning timeline remains intact. averaging 8.6
(Oil Price) –Despite slumping oil prices, global refiners are turning in strong first-quarter earnings, thanks to a sharp rebound in profit margins, Reuters reports, with U.S. Delek US posted a deeper-than-expected net loss of $173 million, citing market softness and operational headwinds.
The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. The Eagle Ford—where much of the gas is associated with oil production—is particularly sensitive to these variables.
Their leasehold is characterized by high-quality rock, operational scale, and infrastructure advantage. Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St.
Houston-based Plains All American Pipeline said recently it acquired the Permian Basin crude oil gathering system of Black Knight Midstream. The post Plains All American Pipeline acquires Black Knight Midstream in Midland Basin appeared first on Permian Basin Oil and Gas Magazine. The $55 million deal closed May 1.
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. 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. There are two primary destinations for PW from onshore operations.
Occidental Petroleum (Oxy), one of the largest producers in the Permian Basin, continues to refine its asset portfolio by divesting select non-core operations in West Texas. Greenlake Energy: The Low-Cost Contender Greenlake Energy Operating LLC positions itself as a low-cost, high-efficiency operator.
Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St. LNG Commitments with New 20-Year Deal at Lake Charles appeared first on Oil Gas Leads. LNG Commitments with New 20-Year Deal at Lake Charles appeared first on Oil Gas Leads.
Based on recent announcements, rig activity, and executive commentary, here are the Top 5 Priorities Chevron is expected to focus on for the rest of 2025 : US Oil & Gas Directory – $10 Buy Now Includes: Account Name, Location, Phone, Website, Wells Drilled… 1. This move supports Chevron’s New Energies division.
As we approach the second half of 2025, EOG Resources (NYSE: EOG) is positioning itself for another year of resilient performance through disciplined capital allocation, basin diversification, and continued operational innovation. billion while maintaining oil production growth at 2%. shale, especially in the Delaware. With $1.3B
Integration of Marathon Oil: A Transformational Acquisition The $23 billion acquisition of Marathon Oil marks a strategic milestone for ConocoPhillips, significantly enhancing its footprint in key U.S. Key initiatives include: Centralizing operations across global segments. shale basins— Permian, Eagle Ford, and Bakken.
(Oil Price) –U.S. Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations.
Oil & Gas Account Directory Saskatchewan Light OilOperator List Western Canada Heavy OilOperator List St. regulator appeared first on Oil Gas Leads. regulator appeared first on Oil Gas Leads. regulator appeared first on Oil Gas Leads.
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