Monday, June 9, 2025

Permian Pipeline to Temporarily Convert to Oil

From Bloomberg The developer of the private equity-backed EPIC natural gas liquids pipeline will temporarily convert the conduit to carry crude oil as bottlenecks in America’s hottest shale play threaten to curtail production. Oil service on the third and final phase of EPIC Midstream Holdings LP’s NGL pipeline is expected to start in the third quarter of next year, the company said

Analysts have been publicly claiming that a drop in the value of the U.S. dollar is coming. Of course, this has implications for oil - Oil & Gas 360

Did Billions in Oil-Company Buybacks Swirl Down the Drain? Yes, Citi Says

From Bloomberg Study of oil explorers finds price, product mix drive stocks Shareholder returns show little correlation to share prices U.S. oil drillers started the year ushering in a new era of shareholder returns with promises of billions of dollars in share buybacks. To that they added debt repurchases, then shoveled money into drilling budgets as they raced to sink more wells. None

One month from Election Day, Colorado’s Weld County Voters Consider Setbacks

If 112 passes, Colorado’s oilfield service jobs will disappear From the Greeley Tribune Residents on both sides of a statewide ballot measure that would increase the distance between oil and gas wells and homes, schools and bodies of water to 2,500 feet painted contrasting pictures of what Weld County’s relationship to the measure looks like Thursday during an election forum.

Delaware Basin Wolfcamp Formation is Thicker by Thousands of Feet: USGS

USGS prepares new assessment of Delaware Wolfcamp From the Midland Reporter-Telegram By year’s end, Permian Basin oil and gas producers active in the Delaware Basin should have a better idea of the undiscovered, technically recoverable resources in the Wolfcamp Shale and Bone Spring formations. Stephanie Gaswirth with the U.S. Geological Survey’s Central Energy Resources Science Center, told those attending the

Canada-to-Asia LNG Project Won’t Squeeze out Alaska-to-Asia LNG Project

From KTVA A gas pipeline project meant to send Canadian liquefied natural gas to Asia is making history — but an Alaska official says there’s still room for the state to compete in the Asian market. According to Reuters the Canada LNG project was given the green light by a group of five partners, providing the fastest route to Asia for