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Matador Resources to Acquire Permian Midstream Assets from Summit for $75 Million
2022-06-10 - Matador Resources entered into an agreement with a subsidiary of Summit Midstream Partners to acquire Summit’s Lane Gathering and Processing System in New Mexico’s Eddy and Lea counties.
BKV, EnLink Midstream to Develop Barnett Shale Carbon Capture Project
2022-06-09 - BKV Corp. and EnLink Midstream reached a Phase I Final Investment Decision, definitively agreeing to develop a carbon capture and sequestration project in the Barnett Shale.
Plains All American Raises 2022 Profit Forecast as Permian Ramps Up
2022-05-05 - Plains said it added an additional 45,000 barrels a day of contracted short-term volumes to its Permian long-haul pipelines.
MPLX to Advance Crude Oil, Natural Gas Pipelines in Permian Basin, Bakken
2022-05-03 - MPLX said it will advance projects focused on expansion and reducing bottlenecks including on crude oil and natural gas long-haul pipelines supporting the Permian Basin and Bakken.
US Oil Pipeline Operators Gear Up for Higher Shale Output
2022-05-11 - Analysts predict that operators could reach pre-pandemic crude oil production outputs by October 2022, with Permian Basin production expected to rise 5.7 MMbbl/d next year.