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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?
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. Breaking Down the 7.5 13 ONEOK, Inc. –
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. (BOE Report) – U.S.
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).
from 2018-2022, a provider of integrated specialty industrial services with operations in over 20 countries. 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.
Conference Overview Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy Value Chain, update investors on their operational and financial strategies, and learn how they create value for stakeholders.
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.
Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.
Key themes include the deployment of artificial intelligence, automation, digital twin technology, predictive analytics, and cyber resilience across upstream, midstream, and downstream operations.
Platforms integrated across previously siloed workflows, connecting upstreamoperations with midstream logistics and downstream analytics. This is no small achievement in a sector where data reliability has long plagued operators and investors alike.
All in all, were looking at refining margins for the first-quarter of this year that are better than 2024, even as upstream margins weaken and the industry at large expresses concern over a cooling global oil demand outlook. Delek US posted a deeper-than-expected net loss of $173 million, citing market softness and operational headwinds.
“Argentina LNG is a large-scale integrated, upstream and midstream gas development project designed to develop the resources of the onshore ‘Vaca Muerta’ field and serve international markets”, Eni added. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
First Five Months: 2024 vs. 2025 Comparing the first five months of 2024 and 2025: 2024 (JanMay) : 267 permits issued 2025 (JanMay) : 296 permits issued Change : +29 permits Percent Increase : +10.86% This uptick indicates a growing confidence among operators in the basin’s prospects.
Aethon has agreed to purchase Tellurians upstream assets for (US) $260MM below street estimates, which ranged from $270MM to $500MM. Despite the market’s dislike of the purchase price, Tellurians upstream assets were in the middle of the pack. Mcf, and operating costs were set to $0.80/Mcf. Source: Novi Insight Engine.
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.
At Pro-Gas LLC, we understand the evolving needs of our clients, and we’re dedicated to providing innovative solutions that optimize operations and maximize productivity. Let’s delve into how these solutions enhance operational flexibility and unlock new possibilities for your business.
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.
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.
Attendees can expect to hear presentations from more than 70 organizations, featuring public and private oil and gas and energy transition companies with operations worldwide, along with panel discussions touching on current energy topics. In addition, the conferences live webcast reaches a global audience of virtual attendees.
A Strategic Fit: Scout Energy & High River Resources Scout Energy Management LLC Established in 2009 and headquartered in Dallas, Scout Energy Management LLC is a private energy investment manager specializing in the acquisition, operation, and enhancement of upstream energy assets and associated midstream infrastructure.
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.
Conference Overview Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy Value Chain, update investors on their operational and financial strategies, and learn how they create value for stakeholders.
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.
The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. Operational Highlights Cenovus maintained a steady rig count of 19 in Q1 2025, demonstrating consistent operational capacity Oil Gas Leads. Cenovus Energy Inc. billion to $5.0 billion in 2025.
Attendees can expect to hear presentations from more than 70 organizations, featuring public and private oil and gas and energy transition companies with operations worldwide, along with panel discussions touching on current energy topics. In addition, the conferences live webcast reaches a global audience of virtual attendees.
Attendees can expect to hear presentations from more than 70 organizations, featuring public and private oil and gas and energy transition companies with operations worldwide, along with panel discussions touching on current energy topics. In addition, the conferences live webcast reaches a global audience of virtual attendees.
Attendees can expect to hear presentations from more than 70 organizations, featuring public and private oil and gas and energy transition companies with operations worldwide, along with panel discussions touching on current energy topics. In addition, the conferences live webcast reaches a global audience of virtual attendees.
Attendees can expect to hear presentations from more than 70 organizations, featuring public and private oil and gas and energy transition companies with operations worldwide, along with panel discussions touching on current energy topics. In addition, the conferences live webcast reaches a global audience of virtual attendees.
Attendees can expect to hear presentations from more than 70 organizations, featuring public and private oil and gas and energy transition companies with operations worldwide, along with panel discussions touching on current energy topics. In addition, the conferences live webcast reaches a global audience of virtual attendees.
With drilling operations gaining momentum, the sector is signaling a more aggressive operational stance compared to the start of 2024. Major operators like Tourmaline Oil have played a critical role in driving this uptick. increase in drilling activity in Q1 2025 compared to Q1 2024.
Canadas oil and gas sector remained resilient in 2024, with several operators reporting record-breaking production volumes. The data reflects both oil and gas output, offering a high-level look at market leaders, operational growth, and emerging trends in Canadian upstream development. 102,012 bbl/d (bitumen) SOR of 2.39
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 upstreamoperations, 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. Some of the provinces most active operators are also those with the largest number of undrilled permits. The result? PETRONAS Energy Canada Ltd.
As more upstreamoperations become electrified and digitalized, the oilpatchs dependence on reliable electricity will only intensify. Subscribe to the Oilgasleads Weekly Report for insights, operator data, and project intelligence that help service companies close more deals in this evolving market.
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. upstream oil and gas sector. MBoed , confirming strong operational momentum across the portfolio.
The newly acquired acreage, mostly contiguous to Rings existing Shafter Lake operations, brings in 2,300 Boe/d of low-decline, oil-weighted production from over 100 gross wells. Oil & Gas Directory Mid Stream Oil & Gas News DT Midstreams $2.3 Deal Snapshot: Total Consideration: ~$63.6M cash, $10M deferred, 6.5M
In oil & gas operations, drilling time estimates are more than just planning toolstheyre the foundation for budgeting, rig scheduling, and investor expectations. The Problem with Drilling Time Estimates Drilling a well is a complex, high-stakes operation with dozens of variables.
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.
24 that Clay Neff, its President/International Exploration and Production, was named President/Upstream, effective July 1. 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.
In a new white paper titled What Remains: North American Upstream Inventory, energy private equity firm Kimmeridge outlines which shale basins have the best runway for returns over the next 10 yearsand why the spotlight is now turning to Canada. Regulatory Tailwinds: Utah offers a relatively stable regulatory environment for development.
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. Mike Wirth, Chevron CEO Wood Mac data shows that weve got the lowest upstream breakeven in the industry.
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. Upstream: Companies that find and extract resources 2.
Centrium offers domestically sourced raw materials for upstream and midstream applications, including demulsifiers, corrosion inhibitors, paraffin dispersants and more. This shift not only improves supply chain reliability but also aligns with broader industry efforts to reduce dependency on foreign markets.
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.
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