Texas leads the charge as America sets new oil and natural gas records
Crude oil output reached an estimated 5.9 million bpd in November, the highest level ever recorded in US history, according to U.S. EIA data.
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Crude oil output reached an estimated 5.9 million bpd in November, the highest level ever recorded in US history, according to U.S. EIA data.
Blackcomb Pipeline, a 2.5 Bcf/d Permian–South Texas gas link backed by WhiteWater–Targa joint venture, targets 2026 commissioning.
Discover how AI boosted efficiency and accuracy in oil and gas project management and helped a firm streamline engineering processes.
Targa buying Stakeholder Midstream for $1.25B, adding Permian gas assets and ~$200M/yr cash flow with low capex.
Matterhorn Express expansion is in service, boosting Permian gas throughput and easing regional pipeline bottlenecks.
US associated natural gas output rose 6% in 2024, mirroring Permian crude oil production growth, according to the EIA.
Oil prices rebounded in early Asian trade after OPEC+ chose to keep output steady through the first quarter of 2026.
U.S. natural gas pipelines are seeing their biggest expansion since 2008, driven by surging LNG, data-center, and manufacturing.
ExxonMobil will buy a 40% stake in the new Bahia NGL pipeline from Enterprise Products Partners to boost Permian gas takeaway capacity.
Saudi Aramco wants to become a major liquefied natural gas player, especially in the US as its LNG capacity nearly doubles.
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