Occidental Pushes Midland Exploration into Strawn, Wichita-Albany
Occidental Petroleum is venturing beyond the Wolfcamp and Spraberry to explore deeper potential in the Permian Basin’s Strawn, Atoka, Wichita-Albany and Barnett formations.
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E&P Highlights: May 19, 2025
Here’s a roundup of the latest E&P headlines, from a new oil discovery offshore Brazil to Libya’s latest upstream licensing round.
Report: Delaware Basin’s Northwind Midstream Considering $2B Sale
Five Point Infrastructure’s Northwind Midstream has focused on sour gas treatment since its formation in 2022.
Doral Renewables Secures $1.5B in Financing for Mammoth Solar Projects
The Mammoth South, Mammoth Central I and Mammoth Central II projects are scheduled to begin commercial operations in fourth-quarter 2026, Doral Renewables says.
Waha Hub NatGas Prices Turn Negative
Analysts expect producers will respond to negative Waha natural gas prices with a boost in ethane production.
TotalEnergies Inks LNG Agreement with Proposed Canadian Project
Western LNG’s Ksi Lisims is a floating LNG plant expected to be in operation by 2029.
Gas Power Is Cheaper to Buy Than Build in the US
Companies are adding capacity at comparative bargains to satisfy AI’s thirst for energy. If there was any lingering doubt about whether gas-fired generation plants are the hottest targets in the US power system, the recent flurry of deals likely extinguished it. NRG Energy Inc. grabbed attention May 12 by agreeing to pay $12 billion, including debt, …
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TotalEnergies Signs Deal to Buy LNG from Project in Canada
TotalEnergies SE reached a 20-year deal to buy liquefied natural gas from an export terminal being developed in Western Canada, bolstering the French energy major’s global portfolio of the fuel. The agreement calls for Total to purchase 2 million metric tons a year from the Ksi Lisims project in British Columbia, proposed by Western LNG, according …
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US DOE to Begin Issuing Orders for Pending LNG Non-FTA Export Permits
The U.S Department of Energy will begin issuing final orders on pending applications to export LNG to countries without a free trade agreement with the U.S.
Crescent Energy Appoints Former Pioneer Exec Joey Hall as COO
Crescent Energy has chosen Joey Hall, who most recently served as executive vice president of operations at Pioneer Natural Resources and oversaw the Permian Basin and Eagle Ford Shale, as its new COO.