oilandgas Archives - Breakthrough Investment Group https://breakthroughig.com/tag/oilandgas/ Achieve the extraordinary results you seek Mon, 09 Jun 2025 16:16:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://breakthroughig.com/wp-content/uploads/2021/05/favicon-1-1-36x36.png oilandgas Archives - Breakthrough Investment Group https://breakthroughig.com/tag/oilandgas/ 32 32 Lawmakers tour Permian Basin oil sites, discuss energy policy and jobs https://breakthroughig.com/2025/06/09/lawmakers-tour-permian-basin-oil-sites-discuss-energy-policy-and-jobs/ https://breakthroughig.com/2025/06/09/lawmakers-tour-permian-basin-oil-sites-discuss-energy-policy-and-jobs/#respond Mon, 09 Jun 2025 06:45:35 +0000 https://breakthroughig.com/?p=1634 Lawmakers tour Permian Basin oil sites to shape energy policy, promote jobs, and support US energy dominance and innovation.

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]]> https://breakthroughig.com/2025/06/09/lawmakers-tour-permian-basin-oil-sites-discuss-energy-policy-and-jobs/feed/ 0 Federal oil & natural gas leasing revenue tops nearly $8.5 billion in 2023 https://breakthroughig.com/2025/05/05/federal-oil-natural-gas-leasing-revenue-tops-nearly-8-5-billion-in-2023/ https://breakthroughig.com/2025/05/05/federal-oil-natural-gas-leasing-revenue-tops-nearly-8-5-billion-in-2023/#respond Mon, 05 May 2025 06:45:03 +0000 https://breakthroughig.com/?p=1628 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497B in 2023, according to a new Congressional Research Service.

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]]> https://breakthroughig.com/2025/05/05/federal-oil-natural-gas-leasing-revenue-tops-nearly-8-5-billion-in-2023/feed/ 0 USA DOI generates $39MM from 1Q 2025 oil, gas lease sales https://breakthroughig.com/2025/04/08/usa-doi-generates-39mm-from-1q-2025-oil-gas-lease-sales/ https://breakthroughig.com/2025/04/08/usa-doi-generates-39mm-from-1q-2025-oil-gas-lease-sales/#respond Tue, 08 Apr 2025 06:00:05 +0000 https://breakthroughig.com/?p=1624 US DOI announced that it generated over $39 million in total receipts from oil and gas lease sales held in the first quarter of 2025.

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]]> https://breakthroughig.com/2025/04/08/usa-doi-generates-39mm-from-1q-2025-oil-gas-lease-sales/feed/ 0 Report: Texas oil and gas industry broke multiple records in 2024 https://breakthroughig.com/2025/03/07/report-texas-oil-and-gas-industry-broke-multiple-records-in-2024/ https://breakthroughig.com/2025/03/07/report-texas-oil-and-gas-industry-broke-multiple-records-in-2024/#respond Fri, 07 Mar 2025 06:00:18 +0000 https://breakthroughig.com/?p=1619 In 2024, Texas' oil and gas industry set records in production, job creation, and taxes/royalties paid, per a report by TIPRO.

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]]> https://breakthroughig.com/2025/03/07/report-texas-oil-and-gas-industry-broke-multiple-records-in-2024/feed/ 0 AI helps researchers dig through old maps to find lost oil and gas wells https://breakthroughig.com/2024/12/06/ai-helps-researchers-dig-through-old-maps-to-find-lost-oil-and-gas-wells/ https://breakthroughig.com/2024/12/06/ai-helps-researchers-dig-through-old-maps-to-find-lost-oil-and-gas-wells/#respond Fri, 06 Dec 2024 06:45:22 +0000 https://breakthroughig.com/?p=1601 Researchers used AI to analyze 45 years of USGS maps, uncovering oil and gas wells not listed in state records in California and Oklahoma.

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]]> https://breakthroughig.com/2024/12/06/ai-helps-researchers-dig-through-old-maps-to-find-lost-oil-and-gas-wells/feed/ 0 Big oil mergers promise greater stability https://breakthroughig.com/2024/08/07/big-oil-mergers-promise-greater-stability/ https://breakthroughig.com/2024/08/07/big-oil-mergers-promise-greater-stability/#respond Wed, 07 Aug 2024 06:45:17 +0000 https://breakthroughig.com/?p=1564 Major companies' recent mergers and acquisitions of independent oil firms have positively reshaped the energy industry in the Permian Basin.

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]]> https://breakthroughig.com/2024/08/07/big-oil-mergers-promise-greater-stability/feed/ 0 US Energy Development Corporation to invest $750 million on Permian projects https://breakthroughig.com/2024/07/09/us-energy-development-corporation-to-invest-750-million-on-permian-projects/ https://breakthroughig.com/2024/07/09/us-energy-development-corporation-to-invest-750-million-on-permian-projects/#respond Tue, 09 Jul 2024 06:45:07 +0000 https://breakthroughig.com/?p=1557 Over the next 12 months, US Energy plans to invest over $750 million, primarily targeting projects in the Permian region.

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]]> https://breakthroughig.com/2024/07/09/us-energy-development-corporation-to-invest-750-million-on-permian-projects/feed/ 0 Oil and gas companies are swimming in so much cash that they’re cutting back on borrowing at a faster pace https://breakthroughig.com/2024/05/07/oil-and-gas-companies-are-swimming-in-so-much-cash-that-theyre-cutting-back-on-borrowing-at-a-faster-pace/ https://breakthroughig.com/2024/05/07/oil-and-gas-companies-are-swimming-in-so-much-cash-that-theyre-cutting-back-on-borrowing-at-a-faster-pace/#respond Tue, 07 May 2024 06:45:50 +0000 https://breakthroughig.com/?p=1519 The oil and gas industry has experienced a number of booms and busts over the past few decades, but for now, it appears to be flush with cash.

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]]> https://breakthroughig.com/2024/05/07/oil-and-gas-companies-are-swimming-in-so-much-cash-that-theyre-cutting-back-on-borrowing-at-a-faster-pace/feed/ 0 US oil and gas companies profits skyrocket as the US becomes the energy supplier of choice https://breakthroughig.com/2024/03/07/us-oil-and-gas-companies-profits-skyrocket-as-the-us-becomes-the-energy-supplier-of-choice/ https://breakthroughig.com/2024/03/07/us-oil-and-gas-companies-profits-skyrocket-as-the-us-becomes-the-energy-supplier-of-choice/#respond Thu, 07 Mar 2024 06:45:51 +0000 https://breakthroughig.com/?p=1501 Despite the Biden administration's ambitious climate goals, the oil & gas industry in the US has seen unprecedented growth and profitability.

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]]> https://breakthroughig.com/2024/03/07/us-oil-and-gas-companies-profits-skyrocket-as-the-us-becomes-the-energy-supplier-of-choice/feed/ 0 Booming shale production lifts Exxon, Chevron forecasts as oil and gas earning season kicks off https://breakthroughig.com/2024/02/08/booming-shale-production-lifts-exxon-chevron-forecasts-as-oil-and-gas-earning-season-kicks-off/ https://breakthroughig.com/2024/02/08/booming-shale-production-lifts-exxon-chevron-forecasts-as-oil-and-gas-earning-season-kicks-off/#respond Thu, 08 Feb 2024 06:45:10 +0000 https://breakthroughig.com/?p=1492 Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts. Exxon rose as much as 1.6% in New York and Chevron climbed 2.8%.

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