Permian Basin

Chevron adds to a growing list of big US oil and gas producers that are seeking to bring to market responsibly sourced gas.

The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas.

Oil production is reaching new levels in the Permian Basin and it has created some uncertainty about where all the associated gas will go.

The new pressure-pumping company says that its new natural-gas-powered fleet is the most powerful of its kind in the US market and reduces the footprint on well pads by 70% vs. the average diesel fleet.

The trend toward drilling longer horizontal wells is growing with lateral lengths of 3 miles reached.

EDF and Carbon Mapper find more than two dozen facilities producing the same near-term climate pollution as about 500,000 passenger vehicles.

The Texas Railroad Commission has designated a new swath of the Permian as a Seismic Response Area after a series of earthquakes linked to water-disposal wells rattled the area.

Gas processor Lucid Energy is moving forward with a plan to inject a mix of carbon dioxide and hydrogen sulfide deep below New Mexico’s portion of the Permian Basin. The project is designed to keep injecting for 30 years.

The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.

Even though total produced volumes are projected to hit new record highs in the coming years, treated water is expected to be comparatively lower than in the past, despite water disposal practices increasing oilfield seismic activity, with earthquakes nearly doubling in West Texas alone in 2021.