By: EPUS Global Energy

Permian Operators Colgate, Centennial to Combine in $7 Billion Merger
May 20, 2022

Colgate Energy agreed on May 19 to combine with Centennial Resource Development Inc., squashing recent rumors that Colgate was seeking an…

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Permian Basin Oil Output Forecast to Hit Record High in June: EIA
May 19, 2022

Oil output in the Permian Basin in Texas and New Mexico, the biggest U.S. shale oil basin, is due to rise…

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Shifting capital allocation strategies in E&P sector amid oil price up-cycle
May 12, 2022

Russia’s invasion of Ukraine and the recent spike in oil prices has focused global attention on oil and gas supplies and…

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U.S. oil producers increased capital expenditures and cash from operations in late 2021
May 5, 2022

In response to higher crude oil prices, financial results for 42 U.S. exploration and production (E&P) companies showed large increases in…

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Why Are E&Ps Slow To Respond To Higher Oil Prices?
April 30, 2022

Find out what’s behind the muted response of North American oil drilling activity and how it compares with the recent rise…

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Oilfield Water Markets Update, Trends, and the Future
April 15, 2022

The Oilfield Services (“OFS”) industry has long been known for its cyclicality, sharp changes in “direction” and demand-driven technological innovation. One…

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“Full-blown Energy Crisis” Started Long Before Russia/Ukraine War
April 13, 2022

Tensions between Russia and Ukraine have thrown oil and gas prices into focus, but an energy crisis has been brewing for…

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$100 Oil Is Back! Why Isn’t Texas Drilling?
March 11, 2022

Russia’s war on Ukraine has made it practically patriotic to pump oil, but the Permian hasn’t ramped up production. Don’t blame…

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There’s a new boom in the Permian Basin — wastewater
November 30, 2021

In the Permian Basin, now the most prolific oil field in the world, hundreds of miles of plastic pipelines snake along…

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Water Recycling Strengthens Permian
October 30, 2021

For every barrel of oil produced in the Permian Basin, there are at least two barrels of water. In the Delaware…

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