Permian Basin Drilling Up 14% in Q1 2024
Oil Gas Leads Blog
by phinds
3h ago
Comparing wells drilled Q1/2023 vs Q1/2024 in the Permian Basin we see a 14% increase in wells drilled. Total wells drilled in Q1/2023 was 1724 vs 1961 in Q1/2024 an increase of 237 wells drilled for an average increase of 14%. Combining Q1/2023 & Q1/2024 a total of 164 Operators drilled wells in the Permian. Drilling Summary Top 20 Operators Q1/2023 vs Q1/2024 Q1/2023 vs Q1/2024 Comparison Report Download the list of 164 Operators that drilled wells in Q1/2023 and Q1/2024 see the totals compared. Buy Now Oil & Gas Marketing List Saskatchewan Light Oil Operator List Western Ca ..read more
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Permian Basin Oil & Gas Account List
Oil Gas Leads Blog
by phinds
1d ago
What is the Permian Basin Operator List? This page provides you with access to a list of Oil & Gas companies active in the Permian Basin, wells drilled by the Operators and active drilling in the Permian. Data Download Center Permian Basin Wells Drilled Q1 2024 Complete list of Operators and other wells drilled in the Permian Basin Q1 2024 Buy Now Permian Basin Oil & Gas Account List List of 400+ Operators that drilled wells in the Permian since 2021 Buy Now Permian Basin Rig Report Detailed list of drilling rigs and Operators that spud wells in the Permian basin last 30 days Buy ..read more
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Kinetik Midstream Play Profiting in the Texas Delaware Basin
Oil Gas Leads Blog
by phinds
2d ago
Kinetik Holdings Inc. (KNTK) is an energy midstream company that was formed in February 2022 when publicly traded Altus Midstream merged with privately held EagleClaw Midstream. This created the only pure-play midstream company operating in the Texas Delaware Basin. The Delaware is one of the more prolific production regions in the larger Permian Basin. The newly combined company has tremendous prospects for growth. Data Download Center Kinetik Texas Pipeline Permits Download Kinetik Texas Air Permits Download KNTK divides its business into two segments. Midstream Logistics operates water ..read more
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Mid-continent Rig Count April 16th 2024
Oil Gas Leads Blog
by phinds
3d ago
Mid Continent Rig Count Summary Rig count in the Mid Con last 30 days, report date April 16th 2024. We are tracking 153 Oil & Gas Operator and 484 drilling rigs that drilled wells in 92 counties located in the Mid-continent. The Mid-continent rig count report contains information about drilling rigs and Operators in multiple oil & gas plays and basins located in Texas, Oklahoma, New Mexico and Louisiana. Weekly Summary Top Oil & Gas Operators by rig count Include; Pioneer Natural Resources Company (24 rigs), Eog Resources, Inc. (21 rigs), Diamondback (12 rigs), Devon Energ ..read more
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Devon Energy invests in Fervo Energy geothermal technology
Oil Gas Leads Blog
by phinds
4d ago
An Oklahoma-based shale oil and gas leader has backed Fervo Energy’s latest round of funding, supporting the startup’s geothermal technology yet again. Fervo announced its latest round of funding this week to the tune of $244 million. The round was led by Devon Energy, a company that’s previously backed the startup. “Demand for around-the-clock clean energy has never been higher, and next-generation geothermal is uniquely positioned to meet this demand,” Tim Latimer, Fervo CEO and co-founder, says in a news release. “Our technology is fully derisked, our pricing is already competitive, and o ..read more
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Chesapeake Energy Invests in Houston geothermal startup
Oil Gas Leads Blog
by phinds
4d ago
A Houston geothermal startup has announced the close of its series A round of funding. Houston-based Sage Geosystems announced the first close of $17 million round led by Chesapeake Energy Corp. The proceeds aim to fund its first commercial geopressured geothermal system facility, which will be built in Texas in Q4 of 2024. According to the company, the facility will be the first of its kind. The venture is joined by technology investor Arch Meredith, Helium-3 Ventures and will include support from existing investors Virya, LLC, Nabors Industries Ltd., and Ignis Energy Inc. “The first close ..read more
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Double E Pipeline announces open season Delaware Basin
Oil Gas Leads Blog
by phinds
4d ago
Unsubscribed capacity has prompted Double E Pipeline to launch a non-binding open season for firm transportation on its system. The open season will end April 29. Oil & Gas Data Download Pipeline Permits in Texas in 2024 List of permits approved by the Texas RRC in 2024 Download Double E officials tell the Reporter-Telegram there is currently 500 million cubic feet per day of unsubscribed capacity. That excludes any additional capacity that will be created through a centralized compression project. The company has not undertaken any expansion projects. Double E is a 135-mile Federal En ..read more
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Permian Terms
Oil Gas Leads Blog
by phinds
6d ago
well productivity  capitally efficient program cycle times  feet drilled per  per lateral foot  Megapad full section development factory  double premium standard  single spread of pressure pumping equipment well spacing Completion design cycle times Capital Efficiencies  The post Permian Terms appeared first on Oil Gas Leads ..read more
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Apache must pay $4 million in penalties or air quality violations
Oil Gas Leads Blog
by phinds
6d ago
Energy company Apache Corp. must implement a third-party verification system to ensure that it’s complying with a court-approved consent decree for air quality violations at its well pads in Texas and New Mexico. Oil & Gas Data Download Apache Wells Drilled Since 2023 Download The hydrocarbon exploration company’s settlement resolved allegations that it violated federal and state requirements to control air pollution, including methane emissions, at 23 Permian Basin oil and gas sites in Texas and New Mexico,according its settlement with the US Environmenta ..read more
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API 12F 750-bbl tanks – Permian Basin
Oil Gas Leads Blog
by phinds
1w ago
In the Permian Basin, API 12F 750-bbl tanks are commonly used for the storage of crude oil and other petroleum liquids. The Permian Basin, located in West Texas and southeastern New Mexico, is one of the most prolific oil and gas producing regions in the United States. As such, there is a high demand for storage infrastructure to accommodate the production volumes from wells in the region. Here’s how API 12F 750-bbl tanks are utilized in the Permian Basin: Storage Capacity: API 12F 750-bbl tanks have a capacity of 750 barrels of oil or other petroleum liquids. These tanks are well-suited for ..read more
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