CSV Midstream Solutions Corp. (BA Code A6WG) has submitted an application under AER Directive 056 for a new gas processing facility in the Valhalla area, marking a significant investment in midstream infrastructure to support ongoing upstream development in northwest Alberta.
Cardinal Midstream continues to strengthen its position in the heart of the Delaware Basin with the completion of 36 miles of large-diameter natural gas-gathering pipelines across Eddy County, New Mexico, and Loving County, Texas. The expansion includes both high- and low-pressure lines, designed to enhance connectivity and reliability for producers operating in one of the most active oil and gas regions in the United States.
The pace of consolidation in U.S. oil and gas continues to accelerate — and this week, Denver-based Civitas Resources reportedly entered advanced talks to merge with SM Energy, a longtime Midland Basin operator. According to multiple reports, the companies are exploring a merger of equals that would create a combined entity valued around $14 billion, including debt.
ExxonMobil is turning Proxxima™—its polyolefin thermoset resin tech—into a scaled product platform through a three-phase build-out: (1) U.S. capacity + early customer demos, (2) verticalized solutions and licensing, and (3) multi-region replication tied to lower-emissions materials demand.
MBX Operating LLC recently completed a new project notification under the Texas Commission on Environmental Quality (TCEQ), filing a Standard Permit for Oil and Gas Production Facilities for its Come and Take It 1H and Max Q 1H Production Facility in Pecos County, Texas.
In a move that signals both consolidation and strategic rebalancing in East Texas, XTO Energy (a subsidiary of ExxonMobil) has transferred a pipeline a 466 mile permit to Urban Oil & Gas Group, LLC, amid broader divestment of East Texas assets.
The Bronco Unit project in Culberson County illustrates ConocoPhillips’ deliberate development cadence — one that synchronizes subsurface and surface planning.
From 22 total wells drilled since 2024, the 8 unperfed wells provide a clear operational breadcrumb trail leading to the Central Tank Battery air permit milestone in 2025.
Expand Energy (EXE) is delivering strong Haynesville results and is on track to generate $3+ billion in annual free cash flow (FCF) starting in 2026, assuming current natural gas strip prices of around $4/MMBtu. The company remains heavily gas-weighted, with Haynesville operations representing nearly half of its total production and capital expenditures.
EOG Resources has made its boldest move yet in 2025, positioning itself as a diversified, gas-advantaged producer. With the $5.6 billion Encino acquisition, EOG now controls over 1 million net acres in the Utica shale, unlocking more than 2 billion barrels of oil equivalent (Bboe) of potential resource. This expansion firmly establishes the Utica as a foundational asset, joining the Delaware Basin, Eagle Ford, and Dorado in EOG’s core portfolio.
The Permian Basin—America’s most prolific oil and gas region—is about to gain two new sources of power. Vistra has announced plans to invest $950 million in building two natural gas-fired power plants, adding a combined 860 megawatts of dispatchable electricity to the Texas grid by 2028. That’s enough to power nearly 215,000 homes.
