n the Permian Basin, where M&A valuations have surged and top-tier drilling inventory commands a premium, most operators insist that “everything is picked over.” But Ovintiv is proving otherwise. While mega-deals dominate headlines, Ovintiv is quietly executing one of the most effective—and overlooked—strategies in the Midland Basin: the ground game.
Woodway Energy Infrastructure, a fast-growing midstream company specializing in demand-pull natural gas infrastructure, is moving forward with its newest Texas project. The Railroad Commission of Texas has approved Pipeline Permit #10733 for the Woodway Texas Coleto Connector, authorizing construction and future operation of a 9.92-mile gas utility pipeline in Goliad County.
The Permian Basin continues to reshape North America’s energy landscape—and natural gas liquids (NGLs) are now at the center of the next big growth wave. On Thursday, Enterprise Products Partners announced a major strategic move: Exxon Mobil is acquiring a 40% stake in Enterprise’s new Bahia NGL pipeline system and will help expand it to meet rapidly rising NGL production across the basin.
Chevron isn’t just trying to survive the energy transition—it’s positioning to grow cash flow, increase returns, and power the next wave of AI-driven demand.
Civitas Resources’ development of Block 37T5S in Upton County is a clean case study in modern Permian Basin execution: leasing, drilling, completions, facility buildout, and environmental permitting all moving in tight sequence.
Salt Creek Midstream has received a new Texas air permit for its Hurricane Compressor Station, a strategically located facility in Winkler County, an area experiencing some of the strongest drilling momentum in the Midland Basin. With 77 wells drilled so far in 2025, operators in the county are pushing production capacity higher—and midstream infrastructure must expand to keep up.
Permian Resources continues to tighten its grip on the Delaware Basin, and this week’s air permit transfers in Reeves County offer another clear signal: the company is consolidating acreage, streamlining facility ownership, and preparing for a larger-scale development program in 2025 and beyond.
July 2025 marked a major strategic move for Mach Natural Resources LP (NYSE: MNR) as the company entered into definitive agreements to acquire a significant package of oil and gas assets from Sabinal Energy, LLC, alongside assets from IKAV Energy Inc. The package — totaling $1.3 billion — positions Mach as a deeper, long-term player in one of the Permian Basin’s most storied but increasingly attractive zones: the Northwest Shelf (NWS).
BKV Corporation (NYSE: BKV) has taken another major step forward in its carbon capture strategy with the development of the Cotton Cove CCS 1 project, a new carbon capture and sequestration (CCS) facility tied to a currently operating natural gas processing plant in South Texas. The project recently reached a key regulatory milestone, receiving a Project-by-Rule (PBR) New Registration Notice under Project #400218, officially marked as COMPLETE on November 3, 2025.
Argent LNG, LLC, a privately owned company, revealed plans to develop the Argent LNG Project, a massive 25 million-tons-per-annum (MTPA) liquefied natural gas export terminal in Port Fourchon, Lafourche Parish. If built, Argent LNG would become one of the largest LNG export facilities in the United States, rivaling current megaprojects like Sabine Pass, Corpus Christi, and Venture Global’s Plaquemines LNG.
