Chevron 2024 plan related to oil & gas
After Nearly $70 Billion in Acquisitions, What’s Next for Chevron?
Buc-ees to offer EV charging stations
The company said it plans to open its EV offering at key markets by the end of the year and have the charging stations available at a total of 31 hubs by the end of 2024.
Vital Energy Reports Q3 2023 Financial and Operating Results
Vital Energy delivered across the board in the third quarter,” stated Jason Pigott, President and Chief Executive Officer. “We had the powerful combination of higher-than-expected production and lower-than-planned capital investments. These exceptional results translated directly to strong financial performance, driving $91 million of Free Cash Flow.”
Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation
Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.
Matador Resources Company Provides Q3 2023 Operational Update
Matador’s record production of over 135,000 barrels of oil equivalent (“BOE”) per day during the third quarter of 2023 was driven in part by the 21 Margarita wells that were acquired in connection with the purchase of Advance in April 2023.
USDA Awards REAP Grants To Texas Biogas, Bioenergy Projects
The USDA on Nov. 1 awarded $145 million in loans and grants to 700 projects under the agency’s Rural Energy for America Program. Several biogas and bioenergy projects are among those selected for REAP awards.
Permian oil production rising to 5.981 million barrels daily, from 5.976 million bpd
Oil production in the Permian has grown over the past four months and will continue growing until the end of the year.
Ovintiv Reports Q3 2023 Financial and Operating Results
Ovintiv President and CEO, Brendan McCracken. “Strong well performance across the portfolio, combined with the seamless integration of our new Permian assets, has allowed us to significantly exceed our oil and condensate guidance, reflecting both enhanced capital efficiency and higher returns on our invested capital.”
Permian Resources Announces Q3 2023 Results
Permian Resources delivered an outstanding operational and financial quarter, with the combination of strong well performance, decreases in controllable cash costs and continued quarter-over-quarter improvements in our drilling and completions efficiencies driving significantly higher free cash flow per share,” said Will Hickey, Co-CEO of Permian Resources.
City of Midland Concerned Disposal Wells Could Threaten Water Supply
Mudland city is challenging applications by Pilot Water Solutions to inject oil and gas wastewater deep underground adjacent to the T-Bar Ranch, where Midland gets about 30 percent of its drinking water.
