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Permian Basin Oil and Gas Magazine

PBOG is the Official Publication of the Permian Basin Petroleum Association and is published monthly by Zachry Publications, LP.

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Inventory of proposed gas power plants include multiple projects in west Texas

June 13, 2025 by PBOG Leave a Comment

The inventory of proposed gas power plants in Texas as reported Wednesday by Environmental Integrity Project includes multiple plants in Permian Basin. The new plants and expansions are planned for Odessa in Ector County, Seminole in Gaines County, Abernathy in Hale County, Westbrook in Mitchell County, Fort Stockton in Pecos County, Pecos in Reeves County, […]

Filed Under: PBOG Newsletter

EIP report: Developers plan more than 100 new gas power plants in Texas

June 13, 2025 by PBOG Leave a Comment

Environmental Integrity Project, a Washington, D.C.-based nonprofit, said Wednesday companies plan to build more than 100 new gas-fired power plants in Texas in the next five years to meet enormous electrical demand to support data centers for artificial intelligence, population growth and extreme weather.  The list of plants is comprised of 108 proposed new gas […]

Filed Under: PBOG Newsletter

ONEOK acquires remaining 49 percent interest in Delaware Basin JV

June 13, 2025 by PBOG Leave a Comment

Tulsa-based ONEOK said June 3 it acquired the remaining 49.9 percent interest in Delaware G&P, Delaware Basin joint venture, from NGP XI Midstream Holdings for $940 million ($530 million cash).  Delaware Basin JV owns natural gas gathering and processing facilities in Delaware Basin in west Texas and southeast New Mexico with total processing capacity of […]

Filed Under: PBOG Newsletter

U.S. rig count declines for sixth straight week; counts in Texas, Permian also fall

June 10, 2025 by Sarrah Barton Leave a Comment

Count of active drilling rigs in U.S. declined for the sixth straight week as of June 6, according to the latest weekly report from Baker Hughes.  There were 559 rigs in U.S. – down 4 from 563 week ago and down 35 or 5.9 percent from 594 year ago.  The six-week decline has dropped the […]

Filed Under: PBOG Newsletter

Northwind Midstream receives approval for additional AGI well in Lea County

June 10, 2025 by Sarrah Barton Leave a Comment

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.  It will be Northwind’s third AGI well to increase the company’s total permitted daily injection capacity to about 37 million […]

Filed Under: PBOG Newsletter

Tejon completes Phase II expansion of Mongoose plant in Mitchell County

June 10, 2025 by Sarrah Barton Leave a Comment

Denver-based Tejon Treating and Carbon Solutions said recently it completed Phase II expansion of its Mongoose amine treating plant and gas gathering network to accommodate rising production of sour gas.  The expansion was completed May 29 to increase capacity of the Mongoose plant in Westbrook in Mitchell County in Midland Basin by 53 million cfd […]

Filed Under: PBOG Newsletter

TXOGA reports record natural gas production in Texas in 2025

June 10, 2025 by Sarrah Barton Leave a Comment

Texas Oil and Gas Association reported Monday record amounts of natural gas production in the state this year.  TXOGA said natural gas withdrawals rose to 36.9 billion cfd in May with marketed production reaching a record 34.4 billion cfd.  Crude oil production remained steady at 5.7 million b/d.  Todd Staples, president, said, “With abundant natural […]

Filed Under: PBOG Newsletter

What’s So Smart About Artificial Intelligence?

June 9, 2025 by PBOG Leave a Comment

Click here to listen to the Audio verison of this story! The boom/bust cycle has challenged the oil industry in many ways over the decades. Since the turn of the millennium, the newest challenge has been how to adopt new technology when there’s the frantic activity of a boom one minute and the layoffs and […]

Filed Under: Featured Article, Techonology

Permian Basin drives growth in tight oil production in U.S. onshore lower 48

June 6, 2025 by PBOG Leave a Comment

Onshore crude oil production in U.S. lower 48 states has more than tripled since January 2010, according to U.S. Energy Information Administration, driven by growth in tight oil production in Permian Basin.  Onshore production includes both legacy oil production primarily from vertically drilled wells and newer tight oil production primarily from horizontally drilled wells. EIA […]

Filed Under: PBOG Newsletter

DOE cancels 24 financial awards for clean energy projects, including 4 in Texas

June 6, 2025 by PBOG Leave a Comment

Chris Wright, U.S. energy secretary, said last week the U.S. Department of Energy is cancelling 24 awards issued by the Office of Clean Energy Demonstrations totaling more than $3.7 billion in taxpayer-funded financial assistance.  Sixteen of the 24 awards were signed between election day Nov. 5, 2024, and inauguration day, Jan. 20, 2025.  The awards, […]

Filed Under: PBOG Newsletter

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