News

ONEOK, Inc. OKE announced the acquisition of the remaining 49.9% interest in Delaware G&P LLC (Delaware Basin joint venture) from NGP XI Midstream Holdings, L.L.C. The deal is for $940 million ...
Acquisition Advances Permian Basin Growth Strategy TULSA, Okla., June 3, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the acquisition of the remaining 49.9% interest in Delaware G ...
Permian Resources Corp. has signed a deal to buy New Mexico acreage with an expected second-quarter production of about 12,000 barrels of oil equivalent a day from APA Corp. for $608 million.
While the Permian Basin—including its Midland eastern lobe and Delaware western lobe—in West Texas is by far the king as it amazingly produces almost half of record-high U.S. crude oil ...
As the number of depleted and abandoned oil wells in the West Texas Permian Basin continues to grow in the long shadow of the United States shale revolution, associated environmental and public ...
An abandoned West Texas oil well has created a 200-foot-wide sinkhole The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.
Radford Grocery #17 was originally drilled as an oil well in the 1950s and later converted to a saltwater disposal well, according to state records. The well was plugged in 1977.
The sale includes over 140 miles of crude oil pipelines and approximately 106,000 barrels of crude oil storage capacity in the southern Delaware Basin. Iris Dorbian - 8 January 2025 ...
EMG targets equity investments of $150 million to $1,000 million across the natural resource industry, which includes the extraction and processing of the critical metals and minerals to ...
ONGC has drilled 26 wells on the field. Out of these, 13 are oil producing and seven gas producing. The firm expects to open all 13 oil producing wells plus six gas wells by the end of March.
Enterprise Products Partners L.P. announced Wednesday an agreement to buy Delaware Basin player Piñon Midstream LLC for $950 million in cash.