Permian Basin
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Methane continues to escape at a high rate from oil and gas operations in the Permian Basin, according to an aerial survey that detected major methane plumes from 40% of 900 sites that were measured. -
The US government is looking to size up efforts related to leak detection and repair practices.
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Totally automated drilling today looks like a robot doing all the heavy lifting on a drilling floor. By 2025, there may no longer be anything surprising about it.
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For Pioneer, the deal marks its return as a pure-play operator in the Midland Basin side of the Permian region. For, Continental, it represents the first steps into the most productive shale play in the US.
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As oil prices break through multiyear highs, the heartland of US onshore activity is nearing the record levels of output reached before the pandemic.
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ExxonMobil has drilled a horizontal well with a rig billed by Nabors as the first fully automated land rig. The big question now is whether ExxonMobil will come back for more after this three-well test.
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The US producer also closed its acquisition of assets in the Permian through a deal with Primexx.
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Lagoon becomes a multibasin player in water management while WES locks down assets that could drive future deals.
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Shell is getting out of the Permian by selling out to ConocoPhillips, which has added to its bets in the west Texas play for the second year in a row.
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The pureplay water midstream company bought the produced water infrastructure associated with Colgate’s purchase of Occidental acreage in June.
