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Key Energy Services buys Endeavor Energy well services division
Key Energy Services, Inc. (“Key” or the “Company”) today announced the purchase of substantially all the assets of the well servicing division of Endeavor Energy Resources, L.P. (“Endeavor”) in an all-cash transaction effective May 19, 2024. Key will continue support Endeavor’s well servicing needs in the Permian Basin with these assets.
Avant Natural Resources
The company was formed in 2019 by two industry leaders with experience in both exploration and production and energy finance. Our current assets include an interest in over 100,000 acres in the heart of the Permian Basin.
ConocoPhillips strategic position in the Permian Basin has driven strong performance.
In FY2023, ConocoPhillips reported substantial reserves and production, with significant contributions from the Lower 48 regions, including the Permian and Eagle Ford.
Crescent Energy Inc
Crescent Energy Inc ranks #121 in wells drilled in 2023 with 19 wells drilled in the US. Download drilling report.
Permian Basin Highlights from Enbridge Inc. Q1 2024 Earnings Call
Enbridge Inc. has taken significant steps to expand its operations in the Permian Basin. A key initiative is the launch of an open season to increase the Gray Oak pipeline capacity by up to 120,000 barrels per day, contingent on the success of this period.
Crescent Energy to buy rival SilverBow Resources
Oil and gas producer Crescent Energy (CRGY.N), opens new tab has agreed to buy rival SilverBow Resources (SBOW.N), opens new tab for $2.1 billion, a deal which would create the second-largest operator in the Eagle Ford basin in south Texas.
Tank base pad reduces tank settlement
While a tank pad alone may not eliminate settlement entirely, it is an important component of a well-designed tank foundation system.
Installing a API 12F tank – oil battery
To install an API 12F tank at an oil battery, first prepare the site and foundation, then position and secure the tank. Connect all necessary piping, fittings, and instrumentation, and conduct thorough testing for leaks and functionality. Finally, perform regular maintenance and monitoring to ensure ongoing safety and efficiency.
Mach Natural Resources Q1/2024 report – delivered a strong performance
Mach Natural Resources LP delivered a strong performance in the first quarter of 2024, with solid production numbers, controlled operating expenses, and significant net income.
