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, […]

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 […]

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 […]

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, […]

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, […]

Texas Department of Transportation launched a campaign recently to urge drivers in oil- and gas-producing regions of the state “to slow down and stay alert in these areas to keep everyone safe.”  TxDOT’s announcement of the campaign titled “Be Safe, Drive Smart” said, “The state’s energy sector is vital to the Texas economy, but driving […]

A public forum in Iraan recently gave landowners in west Texas an opportunity to hear about treatment and use of produced water from oil and gas operations.  Nearly 100 people attended the town hall Oct. 2 at Iraan Civic Center.  The hosts were Friends of the Pecos River and the Texas Produced Water Consortium. “There’s […]

A U.S. subsidiary of India’s Welspun Corp. said last week it won an order worth about $580 million to supply coated pipes for a natural gas pipeline in Permian Basin.  The pipeline will serve a data center complex operated by an unnamed top-tier hyperscaler.  Little Rock-based Welspun Tubular manufactures large-diameter steel pipes for oil and […]

ExxonMobil continues to lead the list of top U.S. operators in the latest Drilldown Report from Enverus.  As of Oct. 16 ExxonMobil reported an average of 37.3 active rigs (38.0 a year ago) followed by Devon and ConocoPhillips each with 31.0, EOG with 24.1, Continental Resources with 23.4, Occidental with 22.0 and Mewbourne Oil with […]

U.S. Energy Information Administration said last week the nation’s refinery fleet has operated at higher-than-normal rates this year.  Rates between May and September of refinery utilization averaged more than 95 percent of capacity – the highest for those months since 1998.  EIA said Oct. 22, “Tight global product supplies this year have boosted margins for […]