Grit Oil & Gas was approved (Permit #T10461) for a 137 mile gathering pipeline located at DIMMIT, MAVERICK counties in Texas.
Grit Oil & Gas to build gathering pipeline
Coterra’s big Permian projects
Coterra says its large-scale Permian projects like Prewit-Justify/Authentic are driving efficiencies, with the concentrated geographical focus reducing mobilization time for drilling and completion services and allowing the company to utilize facilities and infrastructure across more wells.
Mid Continent Well Permits YTD
In the Mid Continent (TX,LA,NM,OK) 950 different Operators had 4500 permits approved year to date (2023) the top Operator is EOG with 277 permits YTD.
North Dakota’s natural gas production is on the rise
Right now, North Dakota has a total of 47 drill rigs, with a gradual increase expected over the next two years. The department is also slowly increasing the number of drill rigs in the state.
ConocoPhillips Spells Out New LNG Balancing Act
ConocoPhillips plans to spend nearly $4 billion to more than double its global LNG footprint
Colorado Pushing To Ban Oil And Gas Permitting By 2030
Colorado anti-fossil fuels groups are collecting signatures for a petition to ban all oil and gas permitting in the state.
Diamondback Seeks Buyers For Permian Assets
Diamondback is actively working with a financial adviser to find buyers for non-core assets in the western Permian
ExxonMobil in Talks to Acquire Pioneer Natural Resources
As of April 7, 2023, there are reports that ExxonMobil is currently in early discussions with Pioneer Natural Resources concerning a potential acquisition.
Ovintiv Snaps Up Midland Basin Inventory, Acreage in $4.2-Billion Cash-Stock Deal
Permian Basin shale producer Ovintiv is set to expand its operational footprint in the region with its acquisition of three private-equity backed operators for $4.275 billion in cash and stock.
Tap Rock Resources and Hibernia Resources up for Auction
Dallas-based NGP is working with investment banks to sell the oil producers, Tap Rock Resources and Hibernia Resources, in auction processes