U.S. Onshore
News
April 18, 2025
Kodiak Gas Services has started construction on a new training facility and an operations base in West Texas, strengthening its dedication to operational excellence and employee development in the Permian basin.
News
April 17, 2025
U.S. crude oil production grew by 270,000 barrels per day (bpd) in 2024 to average 13.2 million bpd, according to a new report from the U.S. Energy Information Administration (EIA). Almost all the production growth came from the Permian region.
News
April 16, 2025
Enverus Intelligence® Research (EIR) is releasing a series of reports focused on its Haynesville growth forecast including natural gas production, operational efficiencies and Henry Hub basis fluctuations amid high price volatility.
News
April 15, 2025
Vertice Oil Tools has acquired Greenwell Engineering in a strategic move that expands Vertice’s completions portfolio, enhances its ability to support wireline service providers and E&P companies, and broadens its presence across unconventional oil and gas markets.
News
April 15, 2025
U.S. Energy Development Corporation (USEDC), a Fort Worth-based exploration and production company, has acquired ~20,000 net acres in the Permian basin. The position includes a substantial proved producing component and multi-year drilling inventory.
News
April 10, 2025
The equity investment into Kimmeridge's SoTex HoldCo marks Mubadala Energy's U.S. market entry and ambitious expansion strategy. Kimmeridge's highly scalable upstream gas and LNG business comprises currently producing upstream gas assets and a pre-FID LNG project.
News
April 10, 2025
The Energy Workforce & Technology Council (EWTC) proudly recognized Jerry Jones, Owner, President, and General Manager of the Dallas Cowboys and majority shareholder of Comstock Resources as a recipient of the 2025 Platinum Award, the Council’s highest honor.
News
April 09, 2025
APTIM and joint venture partner BWX Technologies, Inc. have been awarded a $1.4 billion contract by the US Department of Energy (DOE) to manage and operate the Strategic Petroleum Reserve (SPR), as well as its associated facilities and systems in Louisiana and Texas.
News
April 09, 2025
The market rout sparked by President Donald Trump’s trade war is touching almost every part of the economy. But there are probably few industries feeling more aggrieved right now than U.S. shale oil.
News
April 08, 2025
The sudden plunge in oil prices begs the question, what if WTI prices go as low as $50 per barrel? At that level, U.S. Lower 48 onshore crude oil production could decline by more than 1 million bpd over 12 months, according to S&P Global Commodity Insights.
News
April 07, 2025
A top executive at Diamondback Energy Inc. called on President Donald Trump’s administration to explain how the global trade war will help shale producers, a rare instance of public pushback from a U.S. oil boss.
News
April 04, 2025
The Railroad Commission of Texas this week released preliminary data on statewide oil and gas production for the month of January 2025. The figures for this month reflect output from 158,555 oil wells and 83,176 gas wells.
Article
March 2025
In December 2024, CNX Resources Corp. acquired Apex Energy for $505 million to expand their Marcellus and Utica shales foothold. However, private producers in the U.S. shale sector, in general, have been divesting assets at a fast clip, with 2024 setting a record at $40.7 billion in divestitures and acquisitions.
News
April 04, 2025
The Railroad Commission of Texas on Friday released its figures for March drilling in the state, showing a noticeable gain over the previous month’s number. The overall figure also tied the level achieved in January.
News
April 03, 2025
TIPRO has published a new report highlighting the continued success of oil and natural gas producers in the U.S., Permian basin and Texas in maintaining low emissions despite record oil and gas production levels. The report is part of TIPRO's "Texans for Natural Gas" campaign.
News
April 02, 2025
RPC, Inc. has acquired Pintail Completions for approximately $245 million, subject to customary post-closing adjustments. Pintail is headquartered in Midland, Texas and is a leading provider of oilfield wireline services in the Permian basin.
News
April 01, 2025
Chevron has agreed to sell 70% interest in its East Texas shale assets to Tokyo Gas for $525 million in a cash/capital carry transaction. The transaction is expected to generate over $1.2 billion in value to Chevron at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest.
Article
March 2025
Atlas Energy Solutions delivered 100 loads of proppant as the first semi-truck customer to make driverless deliveries with its own RoboTruck fleet. Atlas concurrently launched the Dune Express, a 42-mi autonomous conveyor system that delivers sand to the firm’s autonomous RoboTrucks.
News
March 28, 2025
Bayswater Exploration and Production (Bayswater), a Denver-based oil and natural gas development company closed the sale of certain Denver Julesburg (DJ) Basin assets to Prairie Operating Co. in a cash and stock transaction valued at approximately $603 million.
Article
March 2025
Deployment of a new azimuthal resistivity tool for coiled tubing drilling not only marks the first time it is being used on coiled tubing but also highlights just how effective it could be in helping operators realize real efficiencies on their projects.
News
March 27, 2025
The Railroad Commission of Texas (Texas RRC) reported record-setting volumes in 2024 for both oil and natural gas in the state. "These latest records further demonstrate Texas’s position as a global leader in oil and gas production,” said RRC Chairman Christi Craddick.
