Exxon to buy stake in Enterprise’s new Permian NGL pipeline
ExxonMobil will buy a 40% stake in the new Bahia NGL pipeline from Enterprise Products Partners to boost Permian gas takeaway capacity.
Entries by Ranger Land and Minerals
Saudi Aramco to sign US LNG agreements during crown prince’s visit to Washington, sources say
Saudi Aramco wants to become a major liquefied natural gas player, especially in the US as its LNG capacity nearly doubles.
IEA predicts increase in oil and gas consumption by 2050
The IEA predicts an increase in oil and gas consumption through 2050, with the US set to remain the world’s largest producer.
Oil and gas rig count ticks up in the US as production hits new high
The total number of active drilling rigs for oil and gas in the US rose this week, Baker Hughes reported Friday.
BP beats third-quarter profit expectations on higher oil and gas production
British oil giant BP on Tuesday reported third-quarter net profit of $2.21 billion, beating analyst expectations.
ExxonMobil adds to Permian portfolio with 80,000-acre buy
ExxonMobil acquired 80,000+ net acres in the Permian Basin from China’s Sinochem, boosting its U.S. oil footprint.
USA Energy Sec says USA is ready to sell more oil, gas to China
Energy Secretary Chris Wright said the US is prepared to sell more oil and natural gas to China if Beijing cuts back on purchases from Russia.
Mineral Rights in Bankruptcy Protection
Learn how bankruptcy impacts mineral rights, royalty income, and asset protection strategies for owners, lessees, and creditors.
Chevron CEO applauds Trump administration’s energy policy shift during Permian Basin tour
Chevron CEO Mike Wirth discusses how US energy dominance ties to national security while praising Trump-era policies.
ExxonMobil targets 2.3 million barrels a day in Permian by 2030
ExxonMobil currently produces 1.5M bpd from its Permian Basin holdings, with plans to increase that to 2.3 million barrels per day by 2030.
