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Occidental Petroleum Financing Major CO2 Removal Plant in Permian Basin

2020-08-19 19:25:00| OGI

The facility will be located on 100 acres in Texas' Permian Basin and will capture up to 1 million metric tons of CO from the atmosphere a year, Occidental Petroleum said in a joint statement with Rusheen Capital.

Tags: major plant removal financing

 

Permian Basin Operator Lilis Energy to Pursue Bankruptcy Sale

2020-08-19 18:25:00| OGI

Permian pure-play Lilis Energy is pursuing a process to sell substantially all of its assets through the Chapter 11 process, which may be pursuant to section 363 of the bankruptcy code or a Chapter 11 plan.

Tags: sale energy operator pursue

 
 

Chart: Midcontinent, Permian Basin Rig Count as of August 14, 2020

2020-08-14 07:00:00| OGI

Kansas, Oklahoma, Texas Dist. 7B, 7C, 8, 8A, 9, 10

Tags: august count chart basin

 

Marketed: XTO Energy Operated Permian Basin Well Package

2020-08-13 20:00:00| OGI

XTO Energy selected EnergyNet as the exclusive adviser to market a Permian Basin operated opportunity located in Loving and Winkler counties, Texas, through a sealed-bid process closing Sept. 15.

Tags: energy package operated basin

 

PATH FORWARD: WPX Energys Clay Gaspar Talks Permian Outlook, ESG, Tech

2020-08-12 11:30:00| OGI

Clay Gaspar, president and COO at WPX Energy, sat down with Hart Energys Jessica Morales for an in-depth look at the shale producers outlook for the Permian and Williston basins along with the importance of ESG.

Tags: forward tech path outlook

 

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