Devon Energy Reports Q1/2024 Results – Permian (Delaware) represents 66% of production
The Delaware Basin significantly contributed to Devon Energy's strong performance in the first quarter of 2024. Delaware Basin led to ...
Marathon Petroleum Reports Q1/2024 Results – Expanding natural gas midstream in the Permian
MPLX has been actively expanding its natural gas infrastructure. This includes the startup of new processing plants like the Preakness ...
Chevron ballymore project in deepwater U.S. gulf of Mexico
The Ballymore Project is described as a significant subsea tieback to Chevron’s existing Blind Faith facility in the U.S. Gulf ...
Diamondback Energy’s first quarter of 2024 delivers performance using simulfrac & e-fleets for completions
Diamondback Energy's completion activities, emphasizing efficiency and cost-effectiveness. It mentions the use of four simulfrac crews, including both diesel-powered and ...
Devon Energy concerned about Federal land us in the Powder River Basin
Devon Energy's 10-K filing reveals a deep concern over the Biden administration's policies toward oil and gas. The company points ...
New Mexico Environment Department imposed a fine of $24.5 million on Ameredev II
The New Mexico Environment Department imposed a fine of $24.5 million on Ameredev II, LLC, which is the largest fine ...
How is CNX Resources managing the low price of natural gas?
CNX has focused on enhancing drilling efficiencies and reducing costs. They have successfully implemented proprietary technology to automate the gas ...
First dedicated LNG bunkering facility in the US Gulf Coast has submitted permits to State and Federal agencies for its construction
The USACE application for the proposed project includes two natural gas liquefaction trains capable of producing approximately 600,000 gallons per ...
Texas Commission on Environmental Quality evaluating discharge produced water into the Pecos River
In West Texas, companies like Texas Pacific Water Resources are proposing to treat and discharge oilfield wastewater, known as "produced ...
Exxon Mobil Corporation Q1/2024 – earnings down due to low natural gas price
Exxon recorded earnings of $8.2 billion, a decrease from $11.4 billion in the first quarter of 2023. This was largely ...