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Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). In late 2015, MPLX (i.e.,
China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq.
This would add to costs, small independent producers and petroleum engineers tell Reuters. As a result of strengthened rules for saltwater disposal permits, small operators may have to transport the produced water to sites further from production and provide additional data on disposal wells to meet the regulatory requirements.
Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).
Tidewater Midstream and Infrastructure Ltd., a midstream company focused on natural gas processing, fractionation, storage, transportation and marketing, says it is utilizing Topsoe’s H2bridge technology to produce approximately 3,000 barrels per day of renewable diesel from its proposed renewable diesel facility.
Sentinel Midstream received DOT approval for a project to build a petroleum export facility with loading rates of up to one million barrels a day off the coast of Brazoria County, Texas.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. NSAI) Netherland, Sewell & Associates, Inc.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. NSAI) Netherland, Sewell & Associates, Inc.
The transaction effectively establishes a fully connected NGL corridor stretching from Western Canada to Eastern Canada, with export connectivity via liquefied petroleum gas (LPG) terminals on the West Coast. It is an excellent strategic fit, strongly aligned with our long-term growth strategy. logistics components.
With superior well economics and a large contiguous footprint, it anchors investment confidence in the Williston. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Supported by the Kuwait Oil Company and Kuwait Integrated Petroleum Industries Company , these official platforms will individually bring together over 500 senior decision-makers, 40+ expert speakers, and 50+ global and regional solution providers.
The permit change finalizes the transition of operational control from APA Corporation —which had previously acquired the asset through Callon Petroleum —to Spirit O&G Operating LLC , led by longtime industry executive Todd Guest. miles on US-87 N, turn right, continue 0.4 miles on US-87 N, turn right, continue 0.4
Occidental Petroleum (NYSE: OXY) has showcased a strategic shift in its 2025 operational and financial approach, emphasizing efficiency and disciplined capital management. The company’s Q1 2025 results reflect this transition, marked by reduced capital expenditures, optimized drilling activities, and significant debt reduction.
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.
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. NSAI) Netherland, Sewell & Associates, Inc.
Marathon Petroleum posted a Q1 loss, citing weaker-than-expected margins, seasonal maintenance, and unplanned downtime as key drags on performance. Phillips 66 also saw weaker refining margins, particularly in the Gulf Coast and Atlantic Basin, though its $796 million in Q1 net income was buoyed by solid midstream and chemical performance.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. NSAI) Netherland, Sewell & Associates, Inc.
Of the top ten companies listed by unique job postings last month, five companies were in the services sector, two were midstream companies, one was in the gasoline stations with convenience stores category, one was a petroleum refinery company, and one was an oil and gas operator, TIPRO noted in the statement.
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. NSAI) Netherland, Sewell & Associates, Inc.
About Valero Valero Energy Corporation, through its subsidiaries (collectively, Valero), is a multinational manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels and petrochemical products, and sells its products primarily in the United States (U.S.), Valero owns 15 petroleum refineries located in the U.S.,
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. NSAI) Netherland, Sewell & Associates, Inc.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. (NSAI) Netherland, Sewell & Associates, Inc.
Cenovus, Suncor, and CNOOC Petroleum North America Lead the Heavy Oil Charge Heres a look at the top 5 operators by activity in Q1 2025 , many of which are dominant players in Saskatchewan and Albertas heavy oil belts: Account Name 2025 Q1 Record Count 2024 Q1 Record Count % Change Q1 2025 vs Q1 2024 Cenovus Energy Inc. 266 244 +9.0%
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. (NSAI) Netherland, Sewell & Associates, Inc.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. (NSAI) Netherland, Sewell & Associates, Inc.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. (NSAI) Netherland, Sewell & Associates, Inc.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. (NSAI) Netherland, Sewell & Associates, Inc.
NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. (NSAI) Netherland, Sewell & Associates, Inc.
Chord Energy’s Legacy Transfer & Its Broader Implications Background: Whiting Petroleum and Oasis Petroleum merged in 2022 to form Chord Energy , focusing on the Williston Basin. These regulatory transfers aren’t just formalities theyre indicators of whos doubling down and whos cashing out in the Permian Basin.
Neconde Energy Limited a JV owner of OML42 is laden with rich Gas Assets and continues to strive to commercialize these Resources as well as drive conversations plus collaborations to support Sustainable Gas Development in Nigeria. The session was great as so many positive reviews was gotten. PANELISTS included: Engr.
Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production. Positioned Sunoco as a midstream infrastructure leader, crucial for energy logistics. The deal emphasized Occidentals focus on high-return assets.
Dual Drive Technologies has garnered numerous industry accolades over the years, including the Gulf Energy Information Excellence Award for Innovation in Pipeline Engineering Midstream in 2023; the D CEO Magazine Award for Excellence in Innovation and Sustainability in 2022; and the GPA Midstream Environmental Excellence Award in 2021.
Vicki Hollub, Occidental Petroleum U.S. Key Metrics Value Implication Permian Base Decline 3040% annually Constant drilling needed Well Productivity Plateauing New wells Stability DUC Inventory Shrinking No cushion left Permian Output (20252029) +67 Bcf/d forecast Midstream banks on it Even modest slowdowns have a compound impact.
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Platforms integrated across previously siloed workflows, connecting upstream operations with midstream logistics and downstream analytics. The companies that dominated the petroleum age understood that control of oil reserves determined market power.
Strategic Petroleum Reserve (SPR) right to the top and export American energy all over the world. From an equity standpoint, the recent sales have increased the need to fund new upstream and midstream companies. Most directly, he said he plans to re-fill the U.S.s There are many buyers on the sidelines driving valuations up.
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