- Tight Gas & Oil
- Gas Hydrates
Growth was the topic du jour for Enterprise Products Partners and Williams during their recent earnings calls.
More and more organizations are ready to change the way they treat their people and their screens, and must use articficial intelligence to do it.
The transaction comes days after Diamondback Energy said it would add to its Northern Midland position with the roughly $1.25 billion cash-and-stock purchase of Ajax Resources.
Carrizo now has 46,000 net acres in the Delaware Basin including 26,300 net acres in its Phantom area.
Pipeline constraints are pushing the number of drilled but uncompleted wells higher in the Permian Basin.
Diamondback’s decision to take its Rattler midstream subsidiary public is the latest move by an E&P to address takeaway capacity concerns in the Permian Basin.
The change in investor sentiment has in turn altered how private-equity sponsors and portfolio companies exit.
U.S. tariffs on steel are biting midstream companies working to open up Permian infrastructure for E&Ps, while China’s retaliatory tariffs may cut off a lucrative export market.
During a recent tour of West Virginia University’s PPAL lab revealed research into determining permeability, pore volume, reservoir conditions, adsorption and pore structure characterization.
Although the IEA did not lower its annual oil demand expectations, the group noted growth could cool down later this year if trade tensions between U.S.-China escalate.
Some of the capital will go toward appraisal work for emerging plays across the Permian Basin and technologies, Oxy executives said.
Altus Midstream will open with a market value of $3.5 billion as it becomes a power player in the Permian Basin.