• Home
  • About Us
    • Audio Edition
    • Previous Issues
    • Submissions
    • Contact Us
  • Subscribe
  • Advertise
    • Audience
    • Editorial Calendar
    • Sizes & Specs
  • Jobs
    • View Open Positions
    • List Your Job

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.

  • News
  • PBPA
    • Legislative Matters
  • Business & Analysis
  • Service Articles
    • Automation, Controls and Measurement
    • Environmental, Safety and Training
    • Fracking, Frac Sand and Water
    • Infrastructure
    • Pipe and Pipe Service
    • Technology
    • Wireline and Testing
  • Legal Articles
  • Drilling Deeper
  • Permit Map

Rising Phoenix Capital makes fourth acquisition in Midland Basin in 2025

May 9, 2025 by PBOG

Dallas-based Rising Phoenix Capital, privately held investment firm, said Monday it purchased mineral interests in Ector and Midland counties operated by ConocoPhillips.  The asset includes both producing wells and near-term permitted drilling locations.  Jace Graham, CEO, said, “We target high-quality operators, proven geology, and mineral interests that deliver dependable monthly income.  This acquisition furthers our […]

Filed Under: PBOG Newsletter

Enterprise reports increase in throughput volumes in first quarter

May 9, 2025 by PBOG

Houston-based Enterprise Products Partners said last week its throughput volumes in first quarter were up compared to last year for each category except marine terminals.  Total fee-based natural gas processing volumes increased 12 percent or 760 million cfd to a record 7.2 billion cfd in the first quarter compared to 2024Q1.  Pipeline transportation volumes rose […]

Filed Under: PBOG Newsletter

Energy secretary vows to refill U.S. strategic petroleum reserve

May 9, 2025 by PBOG

U.S. energy secretary Chris Wright, speaking to a House energy subcommittee this week, vowed to fill the nation’s strategic petroleum reserve.  Wright testified Wednesday before the subcommittee on energy and water development of the Committee on Appropriations in the U.S. House of Representatives.  Wright said he issued a secretarial order “to refill the SPR, review […]

Filed Under: PBOG Newsletter

Rig counts in Permian Basin, Texas continue to fall, lowest in 41 months

May 6, 2025 by PBOG

Counts of active drilling rigs in Texas and Permian Basin from Baker Hughes continue to fall.  Both are now at their lowest count in 41 months since December 2021.  As of May 2, there were 287 rigs in Permian Basin (down 2 from 289 last week, down 29 from 316 year ago) and 271 in […]

Filed Under: PBOG Newsletter

Ring Energy to reduce spending in 2Q by more than 50 percent

May 6, 2025 by PBOG

The Woodlands-based Ring Energy said recently it is reducing spending in 2025 second quarter by more than 50 percent to a midpoint of $18 million from a midpoint of $38 million in its original guidance for 2Q capital spending.  Ring said spending “was lowered in response to the recent decline in oil prices.” Despite the […]

Filed Under: PBOG Newsletter

Vaquero to expand in Delaware Basin, including new pipeline and gas plant

May 6, 2025 by PBOG

Dallas-based Vaquero Midstream, natural gas gathering and processing midstream company operating in the Delaware Basin, said last week it will expand its existing gathering system in west Texas.  Vaquero will build a new 70-mile (24 inches) high-pressure pipeline loop and a 200 million cubic feet per day cryogenic processing plant.  It will increase Vaquero’s gathering […]

Filed Under: PBOG Newsletter

Diamondback reduces 2025 spending; Stice says U.S. production to decline in 2Q

May 6, 2025 by PBOG

Travis D. Stice, chairman and CEO of Midland-based Diamondback Energy, said Monday in his announcement of reduced spending for 2025 that “it is likely that U.S. onshore oil production has peaked and will begin to decline this quarter.”  Diamondback is reducing its 2025 fullyear capital budget by about 10 percent to $3.4 billion to $3.8 […]

Filed Under: PBOG Newsletter

Atlas Energy receives Bruno Hanson environmental award for Dune Express

May 2, 2025 by PBOG

Atlas Energy Solutions received the Bruno Hanson Midland College Environmental Excellence Award recently for its 42-mile conveyor system that carries sand for hydraulic fracturing.  The award was announced last week at the Permian Basin environmental regulatory seminar.  The conveyor system, Dune Express, carries frac sand from Atlas’ Kermit facility to its loadout facility in Lea […]

Filed Under: PBOG Newsletter

Phillips 66 to build new gas processing plant in Ector County

May 2, 2025 by PBOG

Houston-based Phillips 66 said last week it will build a new gas processing plant near the company’s existing plant in Goldsmith in Ector County.  The new plant, Iron Mesa, about 15 miles northwest of Odessa, will have capacity of 300 million cfd.  Phillips 66 said April 25 that the location of the new plant will […]

Filed Under: PBOG Newsletter

AEP Texas to build extra high voltage transmission line in Permian Basin

May 2, 2025 by PBOG

After Public Utility Commission of Texas approved a plan for electric reliability in west Texas, AEP Texas said April 24 it will build one of three 765-kV transmission lines.  The Howard-Solstice transmission line is an integral part of the Permian Basin reliability plan. AEP will develop 300 miles of high voltage transmission line to link […]

Filed Under: PBOG Newsletter

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • 5
  • …
  • 205
  • Next Page »

Subscribe to PBOG

Subscribe: Newsletter | Magazine

May 2025

May 2025

Read the most recent issue of PBOG on your computer, iPad, Kindle, phone or other electronic reader.

If you'd like to view our previous issues, click here.

PBOG Audio

Connect with us online.

Facebook spacer Twitter spacer LinkedIn
Privacy Policy

Cookie Policy

Permian Basin Oil and Gas Magazine

3457 Curry Lane
Abilene, TX 79606
325.673.4822
pbog@zacpubs.com

Search PBOG.com

© 2025 · Zachry Publications