The latest Baker Hughes rig count summary
Most basins holding steady in the U.S. – Baker Hughes
Verdun Oil Update
Verdun Oil Company, a privately-held operator, plays a significant role in the oil and gas industry, focusing primarily on the prolific Eagle Ford Shale and Giddings Field.
Sabalo Energy, LLC buys Oxy USA assets in Andrews County, TX
Sabalo Energy, LLC, with its headquarters in Corpus Christi, Texas was transferred oil & gas facilities from Oxy by Texas Commission on Environmental Quality (TCEQ) in September.
Blackcomb Pipeline assigned permit by The Texas Railroad Commission (RRC)
The Texas Railroad Commission (RRC) has approved a permit (T10643) for the Blackcomb Pipeline. The Blackcomb Pipeline is a significant infrastructure project designed to enhance natural gas transportation from the Permian Basin, one of the most productive energy regions in the United States, to the Agua Dulce hub in South Texas.
MEG Energy Corp: Christina Lake
Christina Lake stands as a cornerstone of MEG Energy’s operational excellence, representing a significant contributor to the company’s overall production capacity. With an output of 110,000 barrels per day (bbls/d) and a steam-oil ratio (SOR) approximately 15% below peer averages, Christina Lake showcases MEG’s commitment to efficiency and sustainability.
EOG: Eagle Ford Overview
EOG Resources, a leader in the oil and gas industry, continues to leverage its vast experience and innovative strategies to drive operational efficiency in the Eagle Ford. With a proven track record in the region, EOG has consistently demonstrated its ability to adapt and optimize production while minimizing costs. This…
Delek Logistics Partners Expands with Acquisition of H2O Midstream: A Strategic Move in the Permian Basin
On September 11, 2024, Delek Logistics Partners LP (NYSE: DKL) completed its acquisition of H2O Midstream, marking a significant milestone in the company’s growth strategy.
U.S. See Uptick in Latest Rig Report – Baker Hughes
The latest Baker Hughes rig count, as of September 15, 2024, shows increase in oil and gas drilling activity across the U.S. with a total of 590 rigs.
Permian Basin Faces Critical Electricity Shortage Impacting Oil & Gas Industry
The Permian Basin, a crucial hub for oil and gas production, is grappling with a significant challenge—limited access to electricity.
New Mexico’s Rising Impact in the Permian Basin: Growth, Challenges, and Texas Collaboration
New Mexico has rapidly emerged as a key player in the Permian Basin’s oil and gas production, driven by significant developments in Lea and Eddy counties.
