The United States became a net exporter of oil and refined fuels for the first time in nearly 75 years
Permian Basin
The Energy Edge: U.S. Becomes Net Oil Exporter
By Edward Hild, Matthew Pitzarella & Kim Pizzingrilli | Buchanan Ingersoll & Rooney PCSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Secretary Perry Announces Appalachian Ethane Storage Hub Report
By U.S. Department Of Energy
Report highlights the benefits of an ethane storage hub located in the Appalachian Region WASHINGTON, D.C. – The U.S. Department of Energy (DOE) published a Report to Congress: Ethane Storage and Distribution Hub in the United States. The report highlights the potential in Appalachia for the development of a new ethane hub based on the tremendous low-cost resource from… Keep reading →
Marcellus Shale Update: Natural Gas’s Dilemma – How To Respond To The National Climate Assessment?
By Daniel Markind | Flaster Greenberg PC
The Trump Administration has released Volume II of the National Climate Assessment
In New Mexico’s Permian, Federal Plans Mean More Methane Waste Unless State Steps Up
By Environmental Defense Fund Energy Exchange Blog
As the landlord for a vast area of public land in Southeast New Mexico, one of the federal Bureau of Land Management’s primary responsibilities is to ensure the resources in that area are wisely managed to benefit the people of New Mexico. Why then is that agency moving forward on a plan that would waste… Keep reading →
The Energy Edge: After Shale Insight 2018, One Thing Is Perfectly Clear
By Matthew Pitzarella | Buchanan Ingersoll & Rooney PC
Investment in the U.S. chemical and plastics industry resulting from domestic shale gas has now surpassed $200 billion
The Energy Edge: The U.S. Can’t Afford To Sit Idle Any Longer
By Matthew Pitzarella | Buchanan Ingersoll & Rooney PC
IHS Markit says U.S. natural gas production is expected to rise by 60 percent over the next 20 years
Permian A Litmus Test For Oil And Gas Industry’s Methane Targets
By Environmental Defense Fund Energy Exchange Blog
What may be becoming the world’s largest oil field may also be the world’s largest test for the oil and gas industry’s commitments to setting targets for driving down methane emissions. Several major oil and gas producers, including BP and XTO, have announced strategies in recent months to limit methane emissions. And several more including Shell, Pemex and… Keep reading →
EIA: U.S. Crude Oil Production Forecast Expected To Reach Record High In 2018
By WAYNE D'ANGELO | KELLEY DRYE & WARREN LLP
EIA forecasts that most of the growth in U.S. crude oil production through the end of 2018 will come from tight rock formations within the Permian region in Texas and from the Federal Gulf of Mexico.
EIA: Permian Basin Oil Production And Resource Assessments Continue To Increase
By WAYNE D'ANGELO | KELLEY DRYE & WARREN LLP
As production in other regions fell throughout most of 2015 and 2016, the Permian provided a growing share of U.S. crude oil production.
Despite Low Oil Prices Investor Focus Remains On The Eagle Ford Formation And The Permian Basin
By Sam (Yinglin) Xu & Evan Turner
Despite the current low and relatively uncertain oil price environment, which may, in fact, go lower, the Permian Basin and its sub-basins, Delaware and Midland, along with the Eagle Ford Formation, are attracting increasing interest from E&P investors and operators. Primarily concentrated in Southwestern Texas, as well as parts of Southeastern New Mexico, the region… Keep reading →
