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HomePermian Basin

Permian Basin

Crude Oil News

Deal Spotlight Episode #4 Navigating the Oil Patch: Insights into Mergers, Metrics, and Market Trends

March 4, 2024 Stu Turley

This is a Deal Spotlight with John Ferrell, Co-Founder / CEO at WellDatabase, and Michael Tanner. They cover great use of techniques in evaluating oil and gas deals. They even cover the Diamondback and Endeavor […]

ENB Podcast

ENB #178 Empowering Veterans and Oilfield Workers: A Conversation with Nick Burns of PetroFit

January 30, 2024 Stu Turley

This was a fun podcast with Nick Burns of PetroFit. Boy, we got into helping our great veterans and their charities. Not only helping get veterans transitioning from active duty to the oil and gas […]

industry
Crude Oil News

The U.S. is breaking oil-production records with fewer drilling rigs. Here’s how.

January 22, 2024 Mariel Alumit

U.S. oil production has been holding at or near record highs since October, topping the previous peak from 2020, even though the number of active domestic oil drilling rigs is down by nearly 30% from […]

shale
Crude Oil News

U.S. shale drillers to cut spending after 2023 oil production boom

December 21, 2023 Stu Turley

World Oil (Bloomberg) – Closely held operators, once the engine to the Permian’s shale growth coming out of the pandemic, are now expected to lead U.S. oil drillers into spending contraction next year. Private oil and […]

oil
Crude Oil News

The oil industry’s mega-merger spree and a US production boom point to strong crude demand for years to come

December 18, 2023 Mariel Alumit

This year has seen a flurry of oil mega-mergers worth more than $100 billion. Big deal flow and rising US production point to industry forecasts of big demand for years to come. The “inevitable” consolidation […]

Permian
Exploration and Production

M&A boom sees Permian oil deals surpass $100 billion in 2023

December 13, 2023 Stu Turley

Oil Price The Permian basin saw a surge in mergers and acquisitions this year, with the total value already exceeding a record $100 billion, led by the mega deals announced by ExxonMobil and Chevron, energy […]

drilling rights
Exploration and Production

Permian oil drilling rights jump to pre-COVID levels amidst mega shale deals

December 13, 2023 Stu Turley

World Oil (Bloomberg) – Drilling rights in the U.S. Permian basin are commanding prices not seen since the worldwide pandemic crushed oil markets more than four years ago. Occidental Petroleum Corp.’s $10.8 billion takeover of CrownRock […]

ENB Podcast

#154 Kevin Hokett, President, American Safety Services – Live in the Permian Oil Show – Saving lives everyday.

November 17, 2023 Mariel Alumit

Podcasts are always fun, and today is no exception. I had the opportunity to visit with Kevin Hokett, President, and Noah Dean, Business Development of American Safety Services. We were live at the Permian International […]

Permian basin
Big Oil Companies

Oil production from Permian basin to expand through year’s end

November 15, 2023 Mariel Alumit

World Oil (Bloomberg) – Oil production from the Permian basin will expand in November and December, marking the region’s longest run of monthly gains in two years. The world’s most productive shale patch is expected to […]

ENB Podcast

ENB # 151 Steve Reese How will we survie the energy crisis? You would be surprised.

November 13, 2023 Mariel Alumit

Steve Reese is the CEO of Reese Consulting and Reese Training and has significantly impacted the natural gas market for decades. He worked on over 5% of the United States’ natural gas market through his […]

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