In North America, increasing demand for electric vehicles and energy storage systems is driving a need for a reliable and sustainable source of lithium. Direct lithium extraction (DLE) could help meet this demand by providing […]
While the Permian is all gas and no brakes (except takeaway constraints), the Haynesville and Marcellus shows signs of slowing Calgary, Alberta (December 7, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most […]
Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day (bpd) to a record 5.453 million bpd in November, […]
After remaining relatively flat in recent weeks, the US rig count took a sharp jump in mid-October, posting its fourth gain in the last five weeks. In the weekly rig count it has released since […]
Guest “Peak Productivity” by David Middleton Data source: Enverus SEPTEMBER 30, 2022Advances in technology led to record new well productivity in the Permian Basin in 2021 The Permian Basin in western Texas and eastern New Mexico […]
The Permian Basin is among the most important energy-producing regions in the world. About 72 percent of Texas oil production and 46 percent of Texas natural gas production occurs there, and the area is a […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2022 and Baker Hughes Company Republished September 16, 10:00 a.m. to correct figure labels and Haynesville geography. U.S. natural gas producers are operating more drilling rigs now […]
ExxonMobil and Chevron saw mounting oil and gas production from the US Permian Basin in Q2 2022, and outlooks continue to project double-digit growth for each in the giant West Texas and southeast New Mexico […]
While oil pipeline capacity in the U.S. currently exceeds production, the country’s booming LNG and natural gas markets mean demand for infrastructure is soaring. The United States is projected to become the world’s largest exporter […]
HOUSTON–(BUSINESS WIRE)–Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity. “In addition, approximately 30 of Kinetik’s […]
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