The nearly completed expansion of the Trans Mountain pipeline promises to vault Canada into a new role in global markets by transporting an additional 600,000 barrels a day
Canada’s mega pipeline promises to redraw global oil flows
Surge Energy America Announces Surpassing $8 Billion Contribution to Texas Economy
Surge Energy US Holdings Company (“Surge” or the “Company”) announces it has surpassed $8 billion of contribution to the Texas economy which includes cumulative oil and gas revenues, royalty and working interest payments, and production taxes since the Company’s inception in 2015.
US oil output from top shale areas to fall for 3rd straight month in October, EIA says
U.S. oil output from top shale-producing regions is on track to fall for a third month in a row in October to the lowest level since May 2023
How Big Oil’s Wastewater Could Fuel the EV Revolution
Industry executives and experts say companies are close to bringing to market technologies that extract lithium from brine in producing wells, creating a new revenue stream in an energy transition that’s threatening the oil industry’s bottom line.
Murphy Oil Corporation announces close of non-core Canadian asset sale
Murphy Oil Corporation (NYSE: MUR) today announced that its subsidiary closed the previously announced divestment of certain non-core operated Kaybob Duvernay assets and all of its non-operated Placid Montney assets.
Black Mesa finds 1,500 barrel a day oil well in southern Oklahoma
BLACK MESA ENERGY LLC AN OIL AND GAS EXPLORATION AND PRODUCTION COMPANY FOCUSED ON PROFITABLE DEVELOPMENT OF MID-CONTINENT OIL AND GAS PROPERTIES.
Chevron acquires majority interest in world’s largest hydrogen storage project in Utah
Chevron U.S.A. Inc., through its Chevron New Energies division, has closed a transaction with Haddington Ventures to acquire 100% of Magnum Development, LLC
Ovintiv USA McClain County, OK well pad produces 1,500 barrels of oil a day
Another significant find of oil has been made in McClain County where Ovintiv USA Inc. reported two wells drilled on a single pad and combined production of nearly 1,500 barrels of oil a day.
Vital Energy to Significantly Increase Permian Basin Scale
Vital buys Henry Energy LP and Henry Resources LLC (“Henry”), Tall City Property Holdings III LLC (“Tall City”) and Maple Energy Holdings, LLC (“Maple”).
ConocoPhillips’ HRU technology selected for Rio Grande LNG Project
ConocoPhillips has announced that its proprietary OCP CryoSep® heavies removal unit (HRU) technology has been selected as part of Phase 1 of NextDecade’s Rio Grande LNG Project.
