Comprehensive Energy Data Intelligence

Information About Energy Companies, Their Assets, Market Deals, Industry Documents and More...


The oil and gas industry has long relied on the recommendations of trusted experts to make key supply chain decisions. The growing popularity of Blockchain technology could significantly disrupt these relationships by providing an unbiased methodology for sourcing, tracking, and executing transactions on behalf of customers with transparent data sets across supply chain endpoints.

Blockchain technology has already been used by many global companies in the last two years in various areas such as IoT (Internet of Things), smart contracts, and cryptocurrencies. It has enabled businesses to benefit from the inherent trust and transparency of the technology.

Because Blockchain exists in a distributed and decentralized system, it is considered an ideal solution for managing and recording transactions without the need for a central authority. It also means that all participants in a network can view, access and verify each other's information. A new platform is created where companies can conduct and complete transactions using cryptocurrencies such as Bitcoin or other cryptocurrencies.

The benefits of this technology could be quite profound in the O&G industry, as it will provide several key advantages to both customers and suppliers.

Definite benefits of Blockchain for industry players

  • It is precisely in this context, which brings together a variety of players who, a priori, do not trust each other, and who must regularly exchange assets recorded by documents, that Blockchain proves relevant.
  • A single registry eliminates the need to record duplicate transactions or actions, in isolation, within each company. For example, purchase orders and packing lists would no longer be recorded by the oil company and the freight forwarder, but on a single digital register.
  • Smart contracts, thanks to well-defined rules, would allow to automate of the validation of transactions or activities: for example, if the barrel delivered by the refiner meets certain quality conditions (density, viscosity, sulfur content...), the delivery to the distribution channel is automatically validated.
  • A single distributed register, valid for all operators, eliminates the need for extensive work to comply with internal procedures and local legislation and prevents disputes.

Some companies in the sector have already developed Blockchain-based platforms to manage their supply chain:

  • BHP Billiton has developed a platform to track purchases, deliveries, etc. from a network of suppliers;
  • Petroteq Energy sealed a partnership with First Bitcoin Capital to create a specialized Oil & Gas Blockchain platform for the entire sector;
  • ConsenSys and Amalto are developing Ondiflo, a platform that automates payment to providers as soon as products or services are delivered (with delivery measured by IoT sensors).

However, these use cases are constrained by what makes them so attractive: since they involve a multitude of players, they need to win the support, if not of all, at least of partners from different worlds. Finally, regulations still need to evolve to recognize the legitimacy of a digital registry.

10 O&G giants connect via Blockchain

The OOC Oil & Gas Blockchain Consortium, made up of 10 major oil and gas companies, has successfully digitized a voting system using blockchain technology. These include Equinor, Repsol, Marathon, Chevron, ConocoPhillips, Noble Energy, ExxonMobil, Hess, Shell, and Pioneer Natural Resources. The project, launched under the Spending Authority (AFE), was implemented through a partnership with a technology provider GuildOne.

It should be noted that the use of AFEs is required in the oil and gas industry to approve spending and capital projects. It will also be used to calculate the vested interests of members of a joint operating agreement.

Blockchain-based digitization will serve to reduce the time initially used in the paper voting process. The PoC will provide unchangeable records and significantly reduce the margin of error, as all calculations will be done manually.

It justifies the decision to base the newest oil and gas technology project on the Blockchain through the power of distributed ledger technology. The system also shines in its ability to transform oil and gas-related business activities.

Smart contracts automate manual processes in O&G

Blockchain recently helped oil giant Equinor use smart contracts to confirm various transactions.

Rebecca Hofmann, president, and CEO of Blockchain for Energy said the Commodity Transport Smart Contract solution was first piloted with produced water to prove that the technology can help with end-to-end automation:

  • "We call this 'extreme automation' because everything is touchless. Connected IoT sensors collect the data, which is then written to a Blockchain ledger for validation. These invoices are then approved by smart contracts that create invoices for automatic payments."
  • Given the success of the test, Hofmann explained that Blockchain for Energy helped automate an extremely manual process within the oil and gas industry supply chain. "There are about 23 manual touches that happen between all the major oil and gas companies within the supply chain. We have now reduced that number to four."

Andrew Bruce, founder, and CEO of Data Gumbo told that Equinor was able to expand its Blockchain use cases following the Blockchain for Energy pilot, resulting in millions of dollars in savings:

"Equinor and other global oil and gas companies use field sensors to monitor and encode data in near real-time into a private smart contract network. GumboNet effectively creates a verifiable, immutable, and common source of truth for Equinor and other operators and their suppliers."

Bruce, in turn, noted that smart contracts build trust to significantly reduce the costs and resources required to automatically execute trade transactions. "For example, a smart contract in Data Gumbo's GumboNet can be programmed to trigger payments to a contractor when a sensor indicates that a certain milestone has been reached, such as when a drill reaches a certain depth," he said. In other words, a lengthy billing and payment process is reduced to a matter of days, resulting in significant savings, financial visibility, and efficiencies.

While Equinor may be an early adopter of smart contracts, Paul Brody, global Blockchain leader at EY, further told that smart contracts seem to work quite well for the oil and gas sector:

"The industry itself is very complicated. There are layers and layers of contractors, subcontractors, and complex distributions of rights and assets and revenue streams. These are hard to manage manually, but it turns out they work really well as smart contracts."

Brody added that the sector is a perfect candidate for managing digital tokens because of the high level of standardization in the oil and gas industry: "You can easily represent these assets and deploy them in more complex DeFi and smart contracting ecosystems."

While tokenization for the oil and gas industry is still in development, Hofmann explained that Blockchain for Energy is currently testing a solution with a Blockchain company, BlockApps, to tokenize seismic entitlement processes. "Seismic entitlement involves large amounts of data that need to be kept for 60 years," she said. Hofmann said tokenization is needed to track the rights and obligations of these seismic assets, facilitate the buying, selling, and leasing of these assets, and even monetize the unwanted data.

Blockchain for a greener future in the O&G industry

It's also important to point out that the oil and gas industry is using Blockchain to ensure a greener future. While there are a number of ways this can be applied, Brody believes one area that is likely to take off is the use of various Blockchains to measure CO2 emissions and offsets: "We envision marketplaces that allow Fortune 1000 companies that have made a neutral commitment to climate to use smart contracts to track their CO2 consumption and automatically purchase offsets for it."

Although this is still a young concept, some companies have begun using Blockchain to raise awareness about energy consumption. For example, energy provider Restart Energy One recently launched a Blockchain-based platform that allows companies to purchase sustainability certificates in the form of non-fungible tokens, or NFTs. In addition, global investment firm SkyBridge Capital recently partnered with carbon offset provider Moss to buy digital tokens for carbon offsets.

Whether you are further curious about finding out more about the Oil & Gas industry, their assets, and related deals, please, contact our Houston sales office or SCHEDULE A DEMO to learn how Rextag can help you leverage energy data for your business.

Tyler Reitmeier Tel. +1 713-203-3128 Email:

Exploring ESG in Upstream Operations: Examining Achievements, Obstacles, and Emerging Patterns


ESG considerations are becoming increasingly essential for companies operating in the upstream sector. Failure to address ESG concerns may result in financial and reputational risks, given the growing focus from investors, regulators, and other stakeholders. Companies must prioritize ESG performance and engage with stakeholders to address concerns and mitigate risks. By doing so, they can improve their reputation, attract investment, and contribute to a more sustainable future

Streamlining ESG Management in Oil & Gas: Simplify Compliance with the Latest Standards


To effectively manage ESG issues in O&G companies, a comprehensive approach is required, addressing multiple managerial issues. First, ESG considerations must be integrated into the corporate strategy, setting goals that align with business objectives, reflected in budgeting, capital allocation, and risk management. Accurate and efficient collection, management, and reporting of ESG data is necessary for identifying relevant metrics and indicators, such as greenhouse gas emissions, water consumption, and social impact indicators.


Enbridge acquired Tres Palacios natural gas storage facility in Texas for $335 million, adding approximately 35 Bcf of natural gas storage to their portfolio. The facility uses salt caverns for storage and has a gas header pipeline system that spans 62 miles and links to 11 major gas pipelines. Crestwood Equity Partners LP intends to divest its interests in Tres Palacios by the second quarter.


The U.S. natural gas pipeline network is a complex system of pipelines that transport natural gas from production areas to consumers across the country. The pipeline network consists of three main types of pipelines: gathering pipelines, transmission pipelines, and distribution pipelines. Gathering pipelines are small-diameter pipelines that transport natural gas from production wells to processing facilities or larger transmission pipelines. Transmission pipelines are large-diameter pipelines that transport natural gas over long distances, sometimes across multiple states. Distribution pipelines operate at low pressure and are located in or near urban areas. They are often referred to as "utility pipelines" because they are typically owned and operated by local gas utility companies.


Diamondback Energy, an independent oil and gas company, has successfully completed the acquisition of Lario Permian, marking the closure of two major deals in the fourth quarter of 2022. The company purchased two private operators in the Midland Basin for approximately $3.3 billion.

2022 oil production 2023 3D Earth Science Analytics 3D Modeling Continental Resources 3D modeling 3D modeling CGG 3D modeling ESA 3D visualization 3D visualization CGG A&D A&D deals A&D sector A&Ds in the Gulf of Mexico ANR Pipelines Abraxas Petroleum Acquisition Acquisitions Admiral Permian Resources Advance Energy Partners Holdings LLC Aera Energy Aethon Energy Alaska Pipeline System Alberta Align Midstream LLC Alternative Fuels Ameredev II Anadarko Basin Analysis Analytics Antero Midstream Corp. Antitrust Appalachia to Market and Middlesex Extension project Appalachian Appalachian Basin Appalachian basin ArcLight Capital Partners ArcLight Capital Partners LLC Archaea Energy Inc. Arena Energy LLC Artesia Natural Gas Gathering and Processing System Asia Assets Acquisition Assets Revenue Assets Sale Assets Value Atlantic Coast Pipeline Aviation emissions BHP Billiton BOED BP BP Plc BPX Energy Baker Hughes Bakken Bakken Formation Bakken Shale Bakken shale Bankruptcy Bay du Nord Berkshire Hathaway Biodiesel Bison Midstream Blackstone Energy Partners Blackstone Inc. Blockchain Bloomberg Brazos Valley BridgeTex Broom Creek Formation Buyout Firms CCS CGG CO2 reduction Cactus II Pipeline Canada Carbon Capture Carbon Footprints Carbon capture and storage Cardinal Midstream Partners Careers in O&G Carl Icahn Cenovus Centennial Resource Development Centennial Resource Development Inc. Cheniere Energy Cheniere Marketing Chesapeake Energy Chesapeake Energy Corp. Chesapeake Energy Corporation Chevron Chevron Corp. China Gas Holding LTD. Clay basin Clean Energy Climate Change Coal Colgate Energy Colgate Energy Partners II LLC Colgate Energy Partners III Colonial Pipeline Colorado Comisión Federal de Electricidad Comstock Resources Concho Valley Solar ConocoPhillips ConocoPhillips Co. Continental Resources Continental Resources Inc. Corpus Christi Costa Azul Coterra Energy Inc. Cox Operating LLC Credit Suisse Group Crescent Energy Crescent Point Energy Corp. Crestwood Crestwood Equity Partners Crestwood Equity Partners LP Crestwood Permian Basin Holdings LLC Crowheart Energy Crude Oil Crude Prices D-J Basin DCP DCP Midstream DJ Basin DUCs on the Rise Dakota Access Pipeline Data Debt Restructuration Decarbonization Technology Decarbonized Fuel Delaware Delaware Basin Delaware basin DelawareBasin Denver Denver-Julesburg Basin Devon Energy Diamondback Diamondback Energy Diamondback Energy Inc. Dividends Dominion Energy Dominion Energy Questar Pipeline Double E Pipeline DoublePoint Energy DowJones Downstream Market Driftwood Energy Operating LLC Driftwood Pipeline LLC Drilling Drilling Inventory E&P EIA EIEC EIG EP Energy ESG ESG performance ESG score ESGcriteria ESGinvestment ESGstandarts Eagle Ford Eagle Ford M&As Eagle Ford Shale Earth Science Analytics Earthstone Energy Inc. East Texas Eddy County El Paso Natural Gas Pipeline Elba Liquefaction Emissions EnCap Flatrock Midstream EnCap Investments EnVen Energy Corp. Enbridge Enbridge Energy Enbridge Inc Encap Flatrock Midstream Endeavor Gathering Energy Energy Assets Energy Crisis Energy Gas Energy Information Administration Energy Infrastructure Energy M&A deals 2022 Energy M&As Energy Prices Energy Production Energy Projects Energy Transfer Energy Transfer LP Energy Transport Solutions Enerplus Ensign Natural Resources Enterprise Enterprise Product Operating LLC Enterprise Products Partners Environmental Protection Agency Epic Crude Pipeline Equinor Equinor Energy Ireland Equitrans Midstream Corp. Equity Investments Ethanol Conversion Europe Evolution Petroleum Exaro Energy III Exploration Export Exxon Mobil Exxon Mobil Corp. ExxonMobil FireBird Energy LLC Flowing Gas Forecast Fort McMurray FortunaResources G&P GIS GIS NG data GIS U.S. GIS U.S. NG Data GIS U.S. NG data GIS U.S. data Gas Gas Extraction Gas Flaring Gas Holdings Gas Processing Plants Gas Production Gas Rates Gas processing Gathering Gathering and Processing Gathering and Transportation Network Gemini Carthage Glencore Global Emissions Goldman Sachs Goodrich Grand Prix NGL Pipeline Gray Oak Pipeline Great River Hydro LLC Great Western Petroleum Greater Green River Green River Basin Greenhouse Gas Emissions Gulf Coast Gulf Coast Pipeline System Gulf Oil Corporation Gulf Run Pipeline map Gulf of Mexico HartEnergy Haynesville Haynesville Basin Haynesville Shale Hess Horizontal Well Humble Midstream Hydraulically Stimulated Resources Hydro-Québec Hydrocarbon Exploration Hydrocarbon Reservoirs Hydrogen IEA IKAV INEOS Energy IPO Import Inc. Infrastructure Ironwood Midstream JUSTCapital Joint Venture Jonah Field Jordan Cove KAPS KKR KKR&Co. Kaybob Duvernay Key Access Pipeline System Key statistics Keyera Corp Keystone XL Pipeline Kinder Morgan Kinder Morgan Inc. Komipo America LEG project LNG LNG Delivery LNG Demand LNG Terminals LNG delivery LNG exports LNG plant LNG provider LNG-by-rail LP LaBarge Labrador Lake Charles Project Laredo Petroleum Lario Permian Lario Permian LLC Leasehold Properties Leucrotta Exploration Lime Rock Resources Line 3 Pipeline Line 3 project Liquefaction Plant Liquefied Natural Gas Liquefied natural gas Liquids and Natural Gas Pipelines LongHorn Louisiana Lucid Energy Group M&A M&As MLPs MPLX LP Magellan Magellan Midstream Partners Mainline Pipeline System Mancos Shale Marathon Marathon Oil Corp. Marathon Oil Corporation Marathon Petroleum Marcellus Shale Marcellus region Mariner East Project Mariner east expansion Market Acquisition Of Vine Energy Inc. Mascot Project Matador Matador Resources Co Matagorda Medallion Midstream Services Medallion Pipeline Merge Merger Merit SI Methane Emissions Mewbourne Oil Co. Mexico MiQ Mica Midcoast Energy LLC Midcontinent Midland Midland Basin Midland-Petro D.C. Partners LLC MidlandBasin Midstream Midstream M&As Midstream NG gathering pipelines Midwest Momentum Midstream LLC Monopoly Mont Belvieu Montana Montney Shale Motiva Enterprises Mountain Valley MountainWest Pipeline NG Pipeline Maps NG U.S. midstream data NG data NG data U.S. NG gathering pipeline systems NG pipeline maps NG3 NGL NGL Energy Partners NGL export NGL logistics NGL pipelines NGL production NGLs NGO NGP NLG Natural Gas Natural Gas Assets Natural Gas Certification Natural Gas Equivalent Natural Gas Gathering Natural Gas Infrastructure Natural Gas Liquids Infrastructure Natural Gas Prices Natural Gas Production Natural Gas Products Natural gas pipelines Navitas Midstream Net Acres Net-zero Production New Fortress New Jersey New Mexico Newco Newfoundland Noble Energy Noble Midstream Partners LP Non-Operated Assets North Dakota North-East Northern Delaware Basin Northern Oil and Gas Northern Oil and Gas Inc. Nuevo Midstream O&G O&G Production O&G output records O&G production O&G production forecasting Oasis Midstream Partners Oasis Petroleum Oasis Petroleum Inc. Offshore Oil Oil & Gas Oil Equivalent Oil Prices Oil Sanctions Oil and Gas Oil and Gas Production Oil and Gas Properties Oil and Gas production Oil and Gas rigs Oil and gas production Oil companies Oil&Gas Omega Acquisition Inc. Onshore Ontario Teachers’ Pension Plan Operated Wells Orphan Basin Oryx Outrigger DJ Outrigger DJ midstream Oxy PAM PDC Energy PHMSA Pad Activity Monitor Paradox Basin Paramount Resources Ltd. Pearl Energy Investments Pecos Oil & Gas LLC Pecos River processing plant Pembina Pembina Pipeline Corp. Penn Virginia PennEast Pipeline PennEnergy Resources LLC Pennsylvania Percussion Petroleum Permian Permian Basin Permian Basin 2022 Permian Deep Rock Oil Co. Permian Producers Permian Resource Corp. Permian Resources Corp. Permian acreage sale Permian basin PermianBasin PermianResources Petro-Hunt Petroleum Petroleum Production Phillips 66 Piceance Pickering Energy PickeringEnergy Pine Wave Energy Partners Pinnacle Midstream Pioneer Natural Resources Pipeline Pipeline Maps Pipeline and Hazardous Materials Safety Administration Pipelines Pipelines and Refineries Plains Plains All American Powder River Powder River Basin Power Generation Power Plant Fuel Power River basin Processing plants Production Production Forecast Propane PureWest Quantum Energy Partners Questar Pipeline RNG RSG Ranger Oil Rattler Midstream Reagan county Red Trail Energy RedBird Capital Partners Reduction of Greenhouse Emissions Renewable Renewable Diesel Renewable Energy Group Repsol Research Responsibly Sourced Gas Rextag Riley Exploration Permian Inc. Ring Energy Inc. RiverBasin Riverstone Rockcliff Energy Rockies Express Pipeline Rocky Mountains Rocky mountain SAF SHLX SPA Sabine Pass LNG LP San Andres formation San Mateo SandRidge Schneider Digital Sempra Energy Sendero Midstream Sequestration Shale Shale Field Shale Formation Shale Gas Shale Industry Shale Oil Producer Shareholder Returns Shares Shell Shell Midstream Partners Shell Oil Company Shell Plc. Shell UAS Sierra Grande Silver Hill Energy Partners III Sinochem Group Sour crude South Carlsbad Natural Gas Gathering System South Haynesville Basin Southcross Energy Southeast Gateway Southern Access expansion Southern Lights Pipeline Southwest Gas Southwest Gas Holdings Southwestern Energy Spain Spraberry Formation Standard Oil of New Jersey Standing Rock Indian Reservation Steel Reef Infrastructure Corp. Sterling DJ Sterling DJ system Stock Market Stonepeak Partners LP Stonepeak Partners. Strategic Petroleum Reserve Strategic Resources Stronghold Energy Summit Midstream Summit Midstream Holdings Summit Midstream Partners Summit Midstream Partners LP Summit’s Lane System Sunrise Oil Sands TAPS TC Energy TC Energy Corp. TC PipeLines LP TG Natural Resources THQ Appalachia Tailwater Capital Takeaway Tallgrass Energy Talos Energy Inc. TalosEnergy Targa Resources Targa Resources Corp. Texas Texon Oil and Land Company The Permian Basin Titus Oil & Gas Production LLC Tokyo Gas Co. Ltd. TokyoGas TotalEnergies Trace Midstream TransCanada Transport Permit Transportation Infrastructure Tres Palacios Tug Hill Operating U.S. U.S. Gulf Coast U.S. LNG exports U.S. NG data U.S. NG midstream data U.S. NG upstream U.S. NG upstream data U.S. crude exports U.S. crude oil data U.S. energy U.S. energy M&A U.S. energy data U.S. energy industry U.S. energy maps U.S. hydrogen production U.S. midstream data U.S. refineries U.S. shale gas assets U.S. upstream data US NG US gas US oil USgas USoil Uinta Uinta Basin Ukraine Upstream Upstream M&As Upstream companies Upton county Utah Vermilion Energy Vermont Business Magazine HQI US Holding LLC Vista Pacifico Vital Energy Inc. WCS Waha Hub Wamsutter Field War Warburg Pincus Water Management Water management Webinar Well maps Wells West Texas Western Canada Select Western Canadian Sedimentary Basin White House Whiting Whiting Petroleum Wholesale WildFire Energy I LLC William Companies Williams Williston Williston Basin Willston basin Wolfcamp Formation Woodland Midstream II Wyoming XcL Midstream Zacks Consensus Zephyr Energy Acquisition Acquisitions Acreage Acreage maps Acreage sale Acreage sales Acreage valuation Analytics And Phillips 66 Partners And Rockcliff Energy Asset renewal Asset sale Assets merger Atural gas gathering Aviation Aviation fuel Barrel Bbl Bioenergy Bioethanol Carbon capture and storage Carbon capture storage (CCS) Carbon footprint Carbon-free Cash Crude Crude export terminals Crude exports to Europe Crude oil Crude oil and natural gas output Crude oil delivery Crude oil production Deal Divestitures Divestment Drilling activity Drilling permits Dry gas Ecology Efficiency Electrification Emission reduction Emissions Emissions reduction Energy Energy M&A Energy acquisitions Energy deals Energy infrastructure Energy maps Energy market Energy provider Energy services Energy supplies Energy transfer Environment Expansion Exploration & production Financial results Flaring gas Forecast Fuel Gas Gas prices Gas projects Gathering systems Geologic CO2 storage Green energy Greenhouse gas Greenhouse-gas emissions Growth Horizontal drilling Hydraulic fracturing (fracking) technology Hydrogen pipeline maps Industry Investment Liquefied natural gas Liquified natural gas Low emissions Low-carbon fuel Management Map of pipelines Master limited partnership Merger and acquisition Mergers Midstream Midstream footprint Midstream infrastructure Natural gas Natural gas gathering and processing Natural gas maps Natural gas pipelines Natural gas producer Natural gas production Offshore oil and gas Oil Oil & gas Oil and energy Oil and natural gas assets Oil market Oil output Oil prices Oil producers Oil rigs Onshore Partnership Petroleum Petroleum infrastructure Pipeline Pipeline maps Processing plants Produced water Rating Rebranding Refinery Renewable energy Renewable energy sources Renewable natural gas Simulation Smart contract Smart contracts Software Standards Stock Subsurface CO2 sequestration Subsurface characterization Surface Sustainability The James Lake System The Permian Basin Transaction Transactions Undrilled locations Upstream Upstream production Water management Well maps Well redevelopment Wells Wet gas Wind energy