http://www.worldoil.com WorldOil Permian shale output expected to set a record in December https://www.worldoil.com/news/2021/11/16/permian-shale-output-expected-to-set-a-record-in-december Oil output in the Permian Basin is projected to hit a record as the largest U.S. shale patch leads the recovery in domestic production from its Covid-19 induced slump. Southwestern Energy to acquire GEP Haynesville for $1.8 billion https://www.worldoil.com/news/2021/11/4/southwestern-energy-to-acquire-gep-haynesville-for-18-billion Southwestern Energy Company announced that it has entered into a definitive agreement with the third largest private Haynesville producer – GEP Haynesville, LLC under which it will acquire GEP for approximately $1.85 billion. The transaction is expected to close by year-end 2021, subject to customary closing conditions. Harold Hamm’s Continental enters Permian shale with $3.25B deal https://www.worldoil.com/news/2021/11/4/harold-hamm-s-continental-enters-permian-shale-with-325b-deal Harold Hamm, one of the richest and most prominent shale wildcatters, is finally taking a stake in North America’s biggest oil field. Texas oil regulator blasts Biden’s pro-OPEC, anti-U.S. energy industry stance https://www.worldoil.com/news/2021/11/3/texas-oil-regulator-blasts-biden-s-pro-opec-anti-us-energy-industry-stance “It’s hypocritical to kill clean fossil fuel jobs here in America claiming it ensures a clean environment, and then beg our foreign adversaries to produce more using much less environment-friendly methods," Railroad Commission of Texas Chairman Wayne Christian said in a statement. Shale driller Diamondback to hold oil output steady through 2022 https://www.worldoil.com/news/2021/11/2/shale-driller-diamondback-to-hold-oil-output-steady-through-2022 Diamondback Energy Inc. just gave one of the first shale production forecasts for next year, and it’s holding pat. Loss of IDCs and Percentage Depletion could cost Texas 120,000 direct upstream jobs, says Alliance https://www.worldoil.com/news/2021/10/28/loss-of-idcs-and-percentage-depletion-could-cost-texas-120-000-direct-upstream-jobs-says-alliance As U.S. House Democrats inch closer to striking a deal on a massive Budget Reconciliation package with their counterparts in the Senate, it is important to note the potential implications for jobs in the upstream sector of the U.S. oil and gas industry. Permian entrepreneur hatches shale SPAC with billion-dollar ambitions https://www.worldoil.com/news/2021/10/21/permian-entrepreneur-hatches-shale-spac-with-billion-dollar-ambitions Special-purpose acquisition companies have targeted electric vehicles, fintech, healthcare and even space this year, largely avoiding oil -- until now. Op-Ed: Setting the record straight on efforts to prepare for next Texas weather emergency https://www.worldoil.com/news/2021/10/20/op-ed-setting-the-record-straight-on-efforts-to-prepare-for-next-texas-weather-emergency Recently, there have been several reports inaccurately portraying the efforts of the Railroad Commission of Texas to ensure that oil and gas operators are prepared to operate during the next weather emergency. I would like to set the record straight. Permian basin oil output nears pre-pandemic levels https://www.worldoil.com/news/2021/10/19/permian-basin-oil-output-nears-pre-pandemic-levels Oil output in America’s most prolific shale patch is getting closer to levels seen before the pandemic-driven market crash, as crude prices surge. Oil above $80 spurs a Permian shale drilling revival https://www.worldoil.com/news/2021/10/11/oil-above-80-spurs-a-permian-shale-drilling-revival Oil prices around $80 a barrel are once again spurring a revival of shale drilling in America’s biggest oil field, where production is expected to return to pre-pandemic highs within weeks.