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Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. Ovintiv (OVV) – Oklahoma (Anadarko Basin) Operations Ovintiv (formerly Encana/Newfield) holds significant acreage in Oklahoma’s STACK/SCOOP (Anadarko Basin).
Located near George West, Texas, the Phillips 66 Three Rivers Gas Plant is a critical component of the companys midstreamoperations in the Eagle Ford Shale region. Formerly operated by DCP Midstream, the facility was integrated into Phillips 66s portfolio following its acquisition of DCPs assets.
The midstream energy sector is undergoing a transformative shift. Lets break down the key trends, major players, and strategies shaping the future of midstream energy. The Rise of Vertical Integration in Midstream Energy Vertical integration is redefining the midstream landscape. energy production growth. Why the Permian?
Key themes include the deployment of artificial intelligence, automation, digital twin technology, predictive analytics, and cyber resilience across upstream, midstream, and downstream operations.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.
As the oil and gas industry continues to navigate commodity price volatility and evolving regulatory landscapes, the recent transfer of air permits from Sage Natural Resources LLC to EagleRidge Energy underscores a broader trend in the Barnett Shale: operational consolidation and strategic repositioning. This isn’t just a formality.
oil production resilience depends on two pillars: An inventory of low-cost projects (sub-$40/bbl) Sustainedoperational activity to avoid decline and cost inflation Insights from the top oil & gas CEOs reinforce this modelbut they also reveal growing concern about capital discipline and production headwinds. Takeaway : U.S.
With a strategic focus on capital discipline, operational optimizations, and infrastructure enhancements, Whitecap is well-positioned to navigate commodity price volatility while delivering strong production growth and shareholder returns. Maintenance capital efficiency improvements ensure sustainable production growth. billion ($2.81/share)
The Westcoast pipeline, operated by Enbridge subsidiary Westcoast Energy Inc., midstream assets. Enbridge executives say partnerships like these are increasingly essential for aligning with Indigenous interests and ensuring community support for energy development. spans more than 2,900 kilometers (1,802 miles), transporting up to 3.6
shale operators must be relentless in their pursuit of cost efficiency. That level of performance is only possible through structural cost reductions across drilling, fracing, facility development, and production operations. operators are proving that shale can surviveand thriveat $40 breakevens. Below, we unpack how top U.S.
Sydri Operating, LLC has taken a significant step forward in expanding its operational footprint through the acquisition of Texas Commission on Environmental Quality (TCEQ) air permits previously held by Crimson Energy Partners IV LLC.
How Acquisitions, Divestitures, and Disciplined Capital Allocation Sustain U.S. Rather than chasing barrels, operators are acquiring high-quality assets that can be rapidly integrated into efficient, low-cost portfolios. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Valero continues to evaluate strategic alternatives for its remaining operations in California. In connection with the evaluation of strategic alternatives for Valeros operations in California, a combined pre-tax impairment charge of $1.1 Valero manages its operations through its Refining, Renewable Diesel, and Ethanol segments.
With produced water volumes rising alongside drilling activity, the Speedway Pipeline provides a critical midstream solution for operators looking to scale safely and sustainably. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Presentation opportunities are available for E&P, Midstream, OFS, Minerals, and Energy Transition companies Sponsorship opportunities are available for companies seeking to increase their marketplace awareness DENVER March 4, 2025 EnerCom, Inc. In addition, the conference live webcast reaches a global audience of virtual attendees.
While 2024 saw a dip to 6,054 wells , 2025 year-to-date (YTD) already shows 2,040 wells drilled signaling that operators remain committed to a consistent, measured pace. Voices That Define the Model Vicki Hollub (Oxy): Weve become much more efficient, but the next frontier is pairing that efficiency with sustainability.
Longer Laterals : Successful four-mile laterals at Poker Lake , reducing surface land disturbance and operational footprint. Looking ahead, ExxonMobil plans to expand development to additional benches outside the Bone Spring and Wolfcamp, continuing its focus on efficient resource recovery and sustainability.
Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Heres a breakdown of how Energy Transfer is positioning itself for sustained growth and profitability in the evolving energy market.
Sharpening operational efficiency, maximizing returns, and strategically adjusting to a lower-margin environment. Asset Pruning : East Texas gas assets and midstream facilities were sold, streamlining the portfolio. Final Takeaway Chevrons Q1 2025 performance tells a story of capital discipline paired with operational intensity.
Delaware Q12024 vs Q12025 Comparison Key Takeaways: Drilling Records : Q1 2024 : 809 records Q1 2025 : 962 records This notable rise reflects continued momentum in upstream investment and drilling operations, particularly in major producing basins. Contractor and Rig Utilization : Q1 2024 saw 189 unique rigs in operation.
increase LNG Canada, TMX, and Global Export Momentum This rise in permitting aligns with renewed midstream and export capacity coming online in 2025: LNG Canada is entering final commissioning phases, with exports to Asia expected to commence in 2025.
Occidental Petroleum (NYSE: OXY) has showcased a strategic shift in its 2025 operational and financial approach, emphasizing efficiency and disciplined capital management. Capital Guidance Reduction In Q1 2025, Occidental reduced its full-year capital expenditure guidance by $200 million and domestic operating costs by $150 million.
utilities are receiving power requests from data center operators that exceed their current generation capacity, according to a Reuters survey. Pipelines and new power plants will drive innovation and environmental sustainability, said Luke Bernstein, president & CEO, Pennsylvania Chamber of Business & Industry.
Top 5 Operators by Well Permits in the Permian Oil Prices and Market Pressure Oil market fundamentals have shifted. This price compression has forced operators to reconsider marginal projects and scale back their drilling schedules to preserve capital efficiency.
This surge is driven by two fundamental types of AI operations: training and inference. Building Smart, Building Clean With the inevitability of AIs expansion, energy planners and tech leaders alike are facing a critical challenge: how to build and operate this next wave of data centers in a sustainable way.
As of this year, a total of 120 wells have been drilled by Cactus rigs, demonstrating strong industry demand and continued investment in drilling operations. Below, we break down the latest data, highlighting top trends in drilling activity by province, operator, county, and rig utilization.
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.
EOG Resources (NYSE: EOG) delivered a strong first quarter in 2025, demonstrating why it remains one of the most efficient and resilient operators in the U.S. MBoed , confirming strong operational momentum across the portfolio. upstream oil and gas sector. production across oil, natural gas liquids (NGLs), and gas came in at 1,048.3
Fact: Hesss Guyana operations were so lucrative that some analysts called this deal the crown jewel of 2024. billion Date: October 13, 2024 This deal expanded Sunocos midstreamoperations by adding NuStars 3,500 miles of pipelines and 60 million barrels of storage capacity across North America.
The Permian Basin continues to see significant shifts in ownership as oil and gas operators refine their asset portfolios. Understanding Air Permits in Oil & Gas Transfers When ownership of an oil and gas facility changes, the new operator must update regulatory permits to reflect the transition. domestic energy production.
Chevrons history of deploying behind-the-meter power solutions in remote oil and gas operations, such as the Permian Basin, makes this a natural expansion of its expertise. 1 are demonstrating how energy and tech companies can collaborate to drive sustainable and efficient power solutions. Chevron, GE Vernova, and Engine No.
The Montney may sustain higher returns for longer, says Kimmeridge, citing its balance of economic strength, longevity, and under-drilled profile. Kimmeridge ranks Uinta #2 in its 10-year forecast, noting that improved takeaway capacity is unlocking a basin previously written off by operators.
We need sustainable pricing before committing capital. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St. The company announced a 10% cut in capital spending and said it wont resume growth until crude climbs back into the $55$65 per barrel range.
Platforms integrated across previously siloed workflows, connecting upstream operations with midstream logistics and downstream analytics. This is no small achievement in a sector where data reliability has long plagued operators and investors alike.
ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. power demand. “At flat activity, we can grow the Lower 48 business.
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. 6 that Clay Bretches, Executive Vice President/Operations, announced plans to retire July 1. announced Jan.
TAQA Morocco, a subsidiary of the newly integrated TAQA Global and AD Power, has adopted DeepStreams SaaS technology to digitise their coal procurement operations, moving towards a more efficient and sustainable supply chainfuture. For more information, please visit: www.taqa.com.
Blockchain operates as a digital, decentralized ledger that records transactions using multiple computers. Innovative and Decentralized Programmability The peer-to-peer platforms we mentioned above operate independently since they use blockchain’s decentralized technology. How Is Blockchain Used for Sustainability?
Phillips 66: Chemical and Midstream Magic Phillips 66 surprised investors with a Q3 profit beat, driven by strength in its chemicals and midstream segments. billion, driven by strong gas volumes and improved upstream operations. Adjusted earnings reached $6.03
Every time I drive into Midland for hitch from East Texas I see more and more facilities being built, observes Luis Raymundo, Lead Chemical Operator at Refined Completions. These factors, combined with an evolving political and economic landscape, position the Permian Basin for sustained growth in the years ahead.
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