Midland Basin

The deal sees H2O Midstream increase its produced water gathering network to more than 435,000 B/D of disposal capacity and 190 total miles of pipeline. The Permian water midstream company will add more than 40,000 B/D of recycling capacity with the option to double that capacity over time.

Houston-based Surge Energy drilled the Medusa Unit C 28-09 3AH well in the Midland Basin to a TMD of 24,592 ft, with a total horizontal displacement of 17,935 ft, or 3.4 miles.

The pipeline system will have the initial capacity to deliver 150,000 B/D of crude oil to multiple delivery points, accessing local refineries and connecting to several downstream pipelines.

Another reminder that it costs more to coax the same amount of oil from new wells as for older wells nearby, with a closer look at the big plays and how the wells are completed.

ProPetro closed its deal to purchase Pioneer’s pressure pumping fleet, boosting its services in the Permian Basin.

As it works to increase production to 1 million BOE/D, Permian mainstay Pioneer is taking a methodical approach to sustaining capital efficiency.

The Irving, Texas-based supermajor plans to cash in on its expanded foothold in the Permian Basin, aided by a big reduction in the US corporate tax rate.

ExxonMobil announced an enhanced program to reduce methane emissions from its production and midstream facilities across the US. The program includes a commitment to switch out more than 1,000 high-bleed pneumatic devices over 3 years.

Avoiding debt problems and maintaining high-quality operations have kept Frank Lodzinski’s companies going through thick and thin.