Oil & Gas Journal’s Post

Occidental plans call for a 2-rig reduction in the #Permianbasin and more #investment in divisions that will add growth later this decade. https://bit.ly/3uDNaQq ✍️ Geert De Lombaerde for #OGJ #Oxy #oilandgas #oilgasindustry #energy #permian #earningsseason #energy

These are not serious people. They are grifters. "So if we look at things like switching and switching from using coal to gas in power stations, that reduces carbon emissions by 50%." That is wrong. Just like this. "So generally, renewable power, so wind solar aren't good for those by themselves because you have the issue of intermittency and so they don't work if the wind isn't blowing, the sun doesn't shine." This is an energy industry executive talking like it's 2006. Do these people not know anything? Is it a badge of pride in the oil industry to publicly display your ignorance about the energy industry? Or are they just trying to keep the grift going until they cash out?

What drill-to-earn opportunities are there in the Permian Basin? Gain insight from Bracewell’s Austin Lee and Jay Harper in this Hart Energy article: https://hubs.ly/Q02LYBRR0 #energy #permianbasin #drilltoearn

From its discovery in 1920 to becoming one of the world's top oil-producing regions, the Permian Basin has played a pivotal role in shaping the energy landscape. #OilIndustry #PermianBasin #EnergyHistory #OilProduction #TechAdvancements #GlobalImpact #EnergyFuture #OilAndGas

The spotlight is on the Permian Basin in our most recent energy industry newsletter. Permian production growth over the past year was a positive outlier among declines in the four other basins covered in our analysis. Discover what's driving the Permian's growth at the link. https://lnkd.in/gUSNZAfK | #energy #permian #oilandgas #growth

Permian Producers Eye Natural Gas Price Relief With Infrastructure Projects Heading Into Mexico Three new Permian Basin pipeline projects with a combined capacity of 7.3 Bcf/d could be online by 2027, according to the U.S. Energy Information Administration (EIA), allowing for West Texas natural gas to reach both coasts in Mexico.

@EIAgov - US #naturalgas production grew by 4% in 2023, or 5.0 BCF / day, to average 125.0 BCF / day. Most of the production is coming from Appalachia and the Permian Basin. Call PRI at 847-673-1959 to create a custom hedging strategy for your energy future. #energy #natgas #prospectresources #layeredhedging #naturalgasproduction

@EIAgov - US #naturalgas production grew by 4% in 2023, or 5.0 BCF / day, to average 125.0 BCF / day. Most of the production is coming from Appalachia and the Permian Basin. Call PRI at 847-673-1959 to create a custom hedging strategy for your energy future. #energy #natgas #prospectresources #layeredhedging #naturalgasproduction

🚀 Exciting News! 🚀 We are thrilled to announce the launch of the 4th edition of the Permian Energy Dialogues, taking place on September 4-5, 2024, in Santa Fe, New Mexico. This exclusive two-day forum will bring together leading experts to discuss critical issues impacting the Permian Basin and the broader energy sector. Why Attend? 🌍 Understand the impact of geo-political tensions and supply-demand imbalances on the Permian Basin, a key driver of U.S. natural gas production. 🤝 Engage in high-level discussions on: - Production outlook and pricing dynamics - Regulatory environments in Texas and New Mexico - Consolidation trends and investment strategies - Emissions reduction and carbon management - Talent acquisition and management - Water management and legislative impacts Early Confirmed Speakers: Shankar Annamalai, SVP Emissions Technologies and Permian Geomarket, ChampionX Melanie Barnes, State Director, Bureau of Land Management Greg Bloom, Assistant Commissioner of Mineral Resources, New Mexico State Land Office Birlie Bourgeois, Asset Manager – Permian New Mexico and East Texas, Chevron Steve Coffee, President, Produced Water Society Missi Currier, President and CEO, New Mexico Oil & Gas Association Chris Davis, Senior Vice President, Milestone Carbon Jeff Hammad, Chief Commercial Officer, Golden Pass LNG Mike Hightower, Program Director, New Mexico Produced Water Research Consortium Chris Johnson, Chief Executive Officer, Agrellus Sydney Lienemann, PhD, Deputy Director, New Mexico Environment Department Josh Schmidt, Partner, Juniper Capital Advisors, L.P. 📅 Register now and take advantage of our early bird discount available until July 31. Secure your spot today! https://bit.ly/45g2Veh Join us to shape the future of the Permian Basin and drive sustainable growth in the energy sector. 🌟 #Energy #PermianBasin #PermianEnergyDialogues #OilAndGas #SustainableGrowth #EnergySector