Wednesday, August 19, 2026

OPEC Swings Cancel Each Other Out

Overall production down 3 MBOPD in flat month By Richard Rostad, analyst, Oil & Gas 360 OPEC production was nearly flat in April, as the wild swings seen in different cartel members cancelled each other out, according to the group’s Monthly Oil Market Report. Overall OPEC production fell by only 3 MBOPD in April, meaning the group produced 30,031 MBOPD

Northern Delaware : $890 Million for Water: Acquisition Creates Largest Water Transportation, Disposal Company in the Delaware Basin - Oil & Gas 360

$890 Million for Water: Acquisition Creates Largest Water Transportation and Disposal Company in the Delaware Basin

Tulsa’s NGL Energy Partners LP (ticker: NGL) will combine all of the assets of Mesquite Disposals Unlimited, LLC with NGL’s Water Solutions business for approximately $890 million on a cash-free, debt-free basis. The assets consist of a fully interconnected produced water pipeline transportation and disposal system in Eddy and Lea Counties, New Mexico, and Loving County, Texas.  Pro forma for the Mesquite assets, NGL’s permitted disposal capacity will nearly double