Browsing Tag
Permian Basin
119 posts
TRK Enterprises expands in oilfield services with Summit Laydown acquisition
TRK Enterprises acquires Summit Laydown Services, expanding oilfield services in Oklahoma and Texas. Find out how this move reshapes energy sector growth.
Crescent Energy to acquire Vital Energy in $3.1bn all-stock deal to form top 10 U.S. oil producer
Crescent Energy is acquiring Vital Energy in an all-stock deal worth $3.1B. Find out what this merger means for shareholders and U.S. oil consolidation.
COâ‚‚ enhanced oil recovery projects gather pace in the Permian as Empire Petroleum wins key ruling
Empire Petroleum (NYSE: EP) wins NMOCD ruling for COâ‚‚ EOR pilot in New Mexico, signaling rising momentum for carbon-based recovery across the Permian.
Empire Petroleum wins unanimous New Mexico ruling to advance COâ‚‚ EOR while shielding EMSU assets
Empire Petroleum Corporation secures unanimous New Mexico ruling to launch COâ‚‚ EOR pilot at EMSU, protecting assets and opening a path to new reserves.
ConocoPhillips to offload $1.3bn of Anadarko Basin assets in strategic portfolio optimization
Learn how ConocoPhillips’ $1.3 billion Anadarko Basin sale and Q2 earnings beat are driving debt reduction and boosting free cash flow prospects.
Occidental announces $950m in Permian asset divestitures and $7.5bn in debt reduction since mid-2024
Occidental sells US $950 million in Permian assets, repays US $7.5 billion in debt, and focuses on core growth and carbon capture projects.
Why Western Midstream’s $1.5bn move for Aris Water Solutions could redefine produced-water management in the Permian Basin
Western Midstream’s $1.5 billion acquisition of Aris Water Solutions could transform produced-water management in the Permian Basin.
ExxonMobil 2Q25 earnings dip to $7.1bn, but structural gains and diesel projects take center stage
ExxonMobil’s 2Q25 profit fell to $7.1B, but record Permian output, diesel project startups, and cost savings signal sustained growth. Read more.
PROPWR secures decade-long 80 MW power contract in Permian Basin, marking milestone for ProPetro’s distributed energy vision
Discover how ProPetro’s PROPWR unit is reshaping Permian Basin power infrastructure through a 10-year, 80 MW microgrid energy contract.
MPLX to secure full control of BANGL pipeline in $715m deal
MPLX LP has entered into a definitive agreement to acquire the remaining 55% interest in BANGL, LLC from…