Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Phillips 66 puts new gas plant into operation
In a major initiative in the Permian Basin, Phillips 66 has brought its new Dos Picos II natural gas processing plant online just southeast of Midland with 220 million cubic feet of daily capacity.
Permian Basin producers reduce methane intensity by 50% as production increases
Methane emissions intensity for upstream oil and natural gas operations in the Permian Basin declined by more than 50% in two years, according to an analysis by S&P Global Commodity Insights. The basin, located in southeastern New Mexico and far west Texas, produces roughly half of the crude oil and one fifth of natural gas in the country.
Curious Minds Corner
Which country consumes the most oil in the world?
The United States consumes more than 19 million barrels daily.