permian

With an eye on connecting Permian Basin producers to domestic and international markets, Enterprise Products Partners LP (EPD) has started commercial operations at a cryogenic natural gas processing plant in Loving County, TX.

With an eye on connecting Permian Basin producers to domestic and international markets, Enterprise Products Partners LP (EPD) has started commercial operations at a cryogenic natural gas processing plant in Loving County, TX.

The Permian Basin employed 87,000-plus people last year, mostly in upstream operations, nearly twice as many direct jobs as in 2009, according to new statistics.

Following its $9.2 billion acquisition of Energen Corp. in 2018, Permian Basin pure-play Diamondback Energy Inc. reported a 65% year/year (y/y) increase in oil and gas production to 301,300 boe/d during the fourth quarter.

SandRidge Permian Trust has joined a slew of Lower 48 oil and natural gas operators facing a possible delisting by the New York Stock Exchange (NYSE), the firm said Friday.

Oilfield Water Logistics (OWL) said Monday it has acquired a portfolio of operating produced water infrastructure assets in New Mexico from an unnamed, “major Permian Basin oil producer.”

Following an overall paltry return for Lower 48 oil and gas property sales in 2019, the dealmaking market may be looking for a repeat, as well-financed operators prowl for quality assets at bargain prices, according to energy data specialist Enverus.

SandRidge Permian Trust has joined a slew of Lower 48 oil and natural gas operators facing apossible delistingby the New York Stock Exchange (NYSE), the firm said Friday.

Following an overall paltry return for Lower 48 oil and gas property sales in 2019, the dealmaking market may be looking for a repeat, as well-financed operators prowl for quality assets at bargain prices, according to energy data specialist Enverus.