“It’s sunny and hot” in the Permian Basin, said Josh Robison, renewables and storage asset leader in Chevron New Energies. “I actually lived in Midland/Odessa for a period of time, so I can say that.” He was explaining why the company has two solar assets in operation in the Permian today, with two more expected […]
East Daley says LNG development could be threatened by needs of data centers
East Daley Analytics said rising natural gas demand from Gulf Coast pipeline expansions and gas-fired power generation for data centers could transform Permian Basin from a region known for gas constraints into one that may face a gas shortage. At a webinar Oct. 28, according to American Oil & Gas Reporter, “The company’s analysis considers […]
MPLX to use proceeds from sale of refineries to support growth in Permian Basin
Findlay, Ohio-based MPLX said Tuesday proceeds from the sale of its St. Paul Park and Mandan refineries and associated logistics will be used to support the company’s growth plans in Permian Basin and Marcellus. MPLX is investing $2.9 billion of organic growth capital toward opportunities to meet global demand for U.S. energy with more than […]
Rosenthal elected first Democrat on Railroad Commission since 1990
The newest member of the Railroad Commission of Texas is Jon Rosenthal, 63, a Democrat in the Texas House of Representatives who represents northwest Houston, Cypress and Jersey Village. He defeated Republican nominee Bo French in Tuesday’s general election to become the first Democrat on the commission since 1990. Rosenthal, former oilfield engineer who won […]
Chevron says it will continue production of about 1 million b/d in Permian Basin
Houston-based Chevron produces about 1 million barrels per day of oil equivalent in Permian Basin, and Mike Wirth, chairman and CEO, said last week that level will likely stay “for a while.” He said Oct. 30 during the company’s third quarter operations report that Chevron hopes to improve production of Permian assets with drilling technology, […]
San Mateo Midstream to expand infrastructure in northern Delaware Basin
Dallas-based San Mateo Midstream, joint venture of Matador Resources and Five Point Infrastructure, this week announced agreements for two of its subsidiaries with “a large producer” in northern Delaware Basin. San Mateo will provide long-term, fee-based natural gas gathering, processing, treating and related midstream services to support the producer’s development. San Mateo will gather and […]
Rig count unchanged last week in Permian Basin (272); Texas count falls by 2
Houston-based services firm Baker Hughes again reported minimal new activity in the region in its weekly report of Oct. 30. There were 272 active drilling rigs in Permian Basin for the third straight week and 603 active rigs in U.S. for the fourth straight week. Permian’s count is up 21 or 8.37 percent from 251 […]
Natural gas volumes up for Enterprise Products Partners in Permian Basin
Houston-based Enterprise Products Partners last week reported record natural gas processing inlet volumes in Permian Basin for the third quarter. Enterprise said volumes for the quarter reached 4.6 billion cfd – up 12 percent from 2025Q3. Total natural gas processing inlet volumes were 8.5 billion cfd – up 6 percent from 2025Q3. A.J. (Jim) Teague, […]
Technology, automated drilling rigs transform ExxonMobil operations in Permian
In its third quarter operations report, Spring-based ExxonMobil last week reported increased production in Permian Basin, Guyana and Golden Pass LNG near Sabine Pass, Texas. Those gains were offset by disruptions in output in Middle East. ExxonMobil said production in 3Q was 4,496,000 boed compared to 4,514,000 boed in 2Q. Darren Woods, chairman and CEO, […]
CO2 Method Could Unlock 137 Billion Barrels
The solution to increasing U.S. oil production could be buried beneath existing oil fields, and a new University of Houston report suggests carbon dioxide may help retrieve it. A white paper from UH Energy, “Revitalization of Mature Oil Fields: Opportunities and Challenges of CO2-EOR,” examines the potential for carbon dioxide-enhanced oil recovery, or CO2-EOR, to […]
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