Service company Liberty Energy Inc. upped its EBITDA 12% quarter over quarter but sees signs of slowing drilling activity and completions in the second half of the year.
SM Energy said it intends to use the net proceeds from the notes to fund its pending $2.04 billion purchase of XCL Resources.
EOG Resources spud the well June 25 in Burns Ranch with rights to the Pearsall well about 4,000 ft below the Eagle Ford, according to myriad sources.
The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.
Summit Midstream also announced July 17 a proposed offering of $500 million in aggregate principal amount of new senior secured second lien notes due 2029.
Membrane Technology and Research, working with the U.S. Department of Energy among others, is nearing the startup of a large membrane carbon capture system pilot in Wyoming to establish commercial scalability.
Horizontally drilled lateral wells are all the rage in the Permian Basin. Let’s take a look at the 10 longest wells drilled in the Basin.
Energy Transfer LP and Sunoco LP have formed a partnership that will operate more than 5,000 miles of crude oil and water gathering pipelines in the Permian Basin with crude oil storage capacity in excess of 11 MMbbl.
Energy Transfer's deal adds approximately 6,000 miles of complementary gas gathering pipelines from WTG Midstream Holdings, extending Energy Transfer’s reach into the Midland Basin.
Production, ESP efficiency soared when the company automated decisions with AI at the edge.