approved by the Railroad Commission of Texas (RRC) (Permit#10045) for the addition of 247 miles on new pipeline in the Eagle Ford.
Marathon Oil Eagle Ford pipeline expansion
CNRL BOOSTS CAPITAL SPENDING
As part of its second-quarter earnings report last week, Canadian Natural Resources (CNRL) updated investors on its plans for organic production growth out of its oil sands assets.
Permian Resources to Acquire Earthstone Energy in All-Stock Transaction, Creating a $14 Billion Premier Delaware Basin Independent E&P
Texas–Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) and Earthstone Energy, Inc. (“Earthstone Energy” or “Earthstone”) (NYSE: ESTE) today announced that they have entered into a definitive agreement under which Permian Resources will acquire Earthstone in an all-stock transaction valued at approximately $4.5 billion, inclusive of Earthstone’s net debt.
Midland, Martin and Howard counties were the top-three producing counties in TX in April
Midland, Martin and Howard counties were the top-three producing counties in the state in April, according to the Railroad Commission of Texas.
North Dakota’s oil industry had its best month in more than 2 years
North Dakota, the nation’s third-largest petroleum producer after Texas and New Mexico, pumped 1.17 million barrels of oil a day in June, its highest monthly output since December 2020, state data shows.
Energy Transfer to Acquire Crestwood in a $7.1 Billion All-Equity Transaction
Energy Transfer LP (NYSE: ET) (“Energy Transfer”) and Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) announced today that the parties have entered into a definitive merger agreement pursuant to which Energy Transfer will acquire Crestwood in an all-equity transaction valued at approximately $7.1 billion
Texas Top Midstream Companies
An oil and gas midstream company in Texas operates in the energy sector and focuses on the transportation, storage, and wholesale marketing of crude oil, natural gas, and other related products. The midstream sector plays a crucial role in the overall energy supply chain, bridging the gap between the upstream…
Select Water Solutions, Endeavor Energy Resources Complete Water Recycling Job
Endeavor project, located in Martin County, Texas, achieved recycling and delivery rates up to 300,000 bbl/d of water and totaled more than 8.2 MMbbl of produced water.
Haynesville Seen Leading Lower 48 Natural Gas Production Decline in September
Natural gas production from seven key onshore Lower 48 regions will ease lower from August to September but remain above 98 Bcf/d, according to the latest modeling from the U.S. Energy Information Administration (EIA).
Occidental signs deal to buy Carbon Engineering for US$1.1 billion
Occidental Petroleum Corp. has signed a deal to buy Canadian company Carbon Engineering Ltd. for US$1.1 billion.