Brazos Completes Permian G&P Plant, Announces Another
Privately held Brazos Midstream completed a 200 MMcf/d cryogenic gas processing plant in the Midland Basin and plans to build a larger gas processing plant in the second half of 2025.
Granite Ridge Adds Interests in Midland, Delaware, Williston
Non-op Granite Ridge Resources closed transactions during and after the second quarter in multiple plays, including the Midland, Delaware, Williston, D-J and Appalachian basins.
Oxy CEO Hollub on Divestment Plans: This is Not a ‘Fire Sale’
Occidental Petroleum is keeping under wraps what it might sell to prevent compromising “our ability to maximize the value,” CEO Vicki Hollub said during an Aug. 8 earnings call.
SM, Vital Reveal Wildcatting for Permian Barnett and Woodford Oil
SM Energy has landed two tests in its Midland Basin leasehold, while Vital Energy reports it’s drilled four. SM’s IPs are promising, while Vital has just begun flowback.
Diamondback Curtails Permian Oil Output Amid Associated Gas Glut
Diamondback Energy, one of the Permian’s largest oil producers, curtailed some Permian oil output to limit associated gas production. Permian gas output is near record highs, and takeaway capacity out of the basin is bottlenecked.
EnLink Expects Matterhorn Line Operational by September
EnLink’s JV partners cited the effects from Hurricane Beryl causing slight delays in the Matterhorn Express Pipeline.
Blackcomb Takes Lead in Permian Pipeline Race for 2026
With WhiteWater Midstream’s announced Blackcomb, other proposed lines by Energy Transfer, Targa Resources and Kinder Morgan’s may shift to a later date or be scrapped.
From Failed Post-Civil War Railroad to Permian Basin Royalties Giant
The Texas Pacific Land Corp. has a storied history, setting it up to thrive in Permian royalties, water, easements and more.
Civitas’ 4-Mile D-J Basin Wells See ‘Quite Compelling’ Returns
Civitas Resources is all-in on the Permian after pumping nearly $7 billion into M&A in the basin last year. But Civitas is drilling longer wells on its legacy Colorado assets, too.
The OGInterview: CEO Tom Jorden on Coterra’s ‘Meritocracy of Ideas’
Coterra Energy took an against-the-grain stance on consolidation long before merger mania hit the U.S. E&P space, and it’s paying—to its shareholders—meaningful dividends.