The San Juan Basin extends 7,500 square miles across northwest N.M., and southwest Colo. Natural gas was first discovered here in 1921. Now a spry age of 104, it remains one of the nation’s oldest producing areas with sedimentary rock dating back to mid-Paleozoic times and a collision of supercontinents. ...
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Midstream steals the show again this week with news of a triple-whammy in the pipeline acquisitions department, and the secret negotiations playing out on a massive pipeline LNG project that’s been considered all but frozen to death. ...
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Just days into 2025 and new midstream deals are already plotting the script for a year of action to move and export more natural gas and NGL....
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It’s mid-morning in Williston, N.D., and all of 2° with an expected high of 27°. In the Bakken, the nation’s third-largest oil basin, polar conditions this time of year are nothing more than life and business as usual, especially for oilfield workers used to spending Christmas on the job. Whiners need not apply. This is about as far from the Permian and its face-melting summer heat as one can get. ...
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Jingle bells are ringing this week in the Land of Oil and Gas A-plenty where midstream operators are already unwrapping holiday gifts. ...
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In an interview back in October, Crescent Energy CEO David Rockecharlie quipped, “We feel like we’re the largest company nobody’s ever heard of.” Oh, but we do hear you. Loud and clear. With now a third Eagle Ford acquisition this year, Houston-based Crescent is a growth through acquisition E&P that looks to double the size of its company in the next five years. And it’s off to a rip-roaring start. ...
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