Crescent Energy Inc ranks #121 in wells drilled in 2023 with 19 wells drilled in the US. Download drilling report.
Crescent Energy Inc
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.
Oil and gas companies are turning their attention to lithium extraction from brines
Companies like E3 Lithium and Imperial Oil in Canada, Occidental Petroleum, and ExxonMobil in the US are investing in technologies to extract lithium from brine. This shift is driven by the increasing demand for lithium, particularly for electric vehicle (EV) batteries, and national initiatives to secure domestic sources of battery metals.
New Mexico allows for limited water reuse
Governor Michelle Lujan Grisham supports using treated water as a strategic resource, despite legislative setbacks and public opposition.
LM Energy Partners expansions of its gas gathering systems in Eddy and Lea counties, New Mexico
LM has begun constructing multiple new compressor stations and approximately 70 miles of new, large-diameter, low-and-high-pressure gas pipelines, including a 27-mile, 20-inch high-pressure pipeline that will connect the company’s existing Touchdown gas gathering system to multiple gas processing facilities near Loving,
Exxon Mobil under attack from investors
Exxon Mobil Corp. is facing renewed criticism from environment-focused investors for not meeting its climate-related commitments. This annual contention has gained more intensity ahead of the company’s shareholder meeting on May 29, especially after Exxon sued climate-focused groups Arjuna Capital LLC and the nonprofit.
