U.S. Onshore
Article
November 2025
(WO) - New Mexico’s push for a sustainable produced water program has devolved into political gridlock. In this month’s column, Mark Patton unpacks how a once-promising plan collapsed into regulatory drama—while Texas charges ahead with pilot projects that could redefine water reuse across the Permian.
News
December 03, 2025
Crescent Energy has sold its non-operated DJ basin assets for $90 million, marking more than $900 million in executed non-core divestitures year-to-date. Proceeds will reduce debt and strengthen the company’s balance sheet as it continues to streamline its portfolio.
News
December 03, 2025
Black Stone Minerals and Caturus Energy have entered a 220,000-acre Haynesville development agreement, establishing a multi-year drilling program to expand Gulf Coast natural gas output.
News
November 24, 2025
Diversified Energy has closed its $550 million acquisition of Canvas Energy, adding roughly 24,000 boed of production and expanding its acreage position in Oklahoma. The $550 million deal includes operated producing assets and approximately 1.6 million net acres across the state.
News
November 12, 2025
The U.S. Environmental Protection Agency has approved Texas’ application for primacy over Class VI injection wells, transferring regulatory authority to the Railroad Commission of Texas. The move, supported by the Trump administration, streamlines permitting for carbon capture and storage (CCS) projects.
News
November 12, 2025
Chevron has chosen West Texas as the site of its first natural gas-fired power project supplying energy directly to a data center, marking its entry into the fast-growing AI infrastructure sector.
News
November 11, 2025
North Dakota’s Industrial Commission has awarded $45.1 million in matching grants to advance Enhanced Oil Recovery (EOR) projects in the Williston basin. The funding supports pilots by Chord Energy, Continental Resources, Devon, Cobra, and the EERC to boost recovery and extend field life for decades.
News
November 10, 2025
Ranger Energy Services is set to become the largest well-servicing provider in the Lower 48 with its $90.5 million acquisition of American Well Services, expanding its Permian Basin rig fleet by 25% and boosting earnings and cash flow potential.
Article
October 2025
The rapid rise of data centers is reshaping the U.S. energy landscape—and the oil and gas industry is poised to play a central role.
News
November 07, 2025
Civitas Resources reported net income of $177 million and strong Q3 performance driven by higher output and lower costs across its Permian and DJ basin assets. The results come as Civitas finalizes its merger with SM Energy, creating one of the largest independent U.S. oil and gas producers.
News
November 07, 2025
Mach Natural Resources reported third-quarter production of 94,000 boed and $273 million in revenue, supported by new wells in the Deep Anadarko and Mancos shale plays. The company also reduced its 2026 drilling and completion budget by 18%.
News
November 06, 2025
Tenaris will build a 2.3-mile rail spur at its Midland, TX service center to boost Permian logistics efficiency, reduce costs, and cut emissions.
News
November 06, 2025
U.S. shale producers are increasing output despite $60 oil, leveraging drilling efficiencies and lower break-even costs to sustain record production.
News
November 05, 2025
IOG Resources II has acquired producing non-operated natural gas assets in Pennsylvania’s Appalachian basin from an undisclosed seller. Operated by Seneca Resources, the assets currently produce about 19 MMcf/d.
News
November 04, 2025
Coterra Energy defended its diversified U.S. oil and gas strategy after activist investor Kimmeridge called for leadership changes and divestitures. The company reaffirmed the value of its multi-basin model and disciplined capital approach.
News
November 04, 2025
Comstock Resources reported higher third-quarter earnings on stronger gas prices and record Haynesville well performance. The company plans to sell its Shelby Trough assets for $430 million, using proceeds to reduce debt and reinforce its Haynesville growth focus.
News
November 03, 2025
SM Energy and Civitas Resources have agreed to merge in an all-stock transaction valued at $12.8 billion, forming one of the largest independent oil-focused producers in the U.S. The combination delivers 526 MMboed of output, $1.4 billion in free cash flow, and $200 million in annual synergies.
News
October 31, 2025
Delta Sands LLC announced plans to construct a new 3-million-ton-per-year wet sand processing facility in East Texas to meet rising demand for high-quality in-basin proppant across the Western Haynesville Shale.
News
October 31, 2025
Buccaneer Energy has selected a drilling rig for the Allar #1 development well in the Pine Mills Field, Texas, with drilling set to begin in late October. The company plans to produce oil at up to 124 bopd and use associated gas from the Fouke area to power a future Bitcoin mining operation.
News
October 31, 2025
ExxonMobil reported Q3 2025 earnings of $7.5 billion and record upstream production of 4.8 million boed, led by new output from Guyana’s Yellowtail project and record volumes in the Permian basin. The company also took FID on Hammerhead and expanded its Permian acreage with a Sinochem acquisition.
News
October 27, 2025
SLB and Ormat Technologies have signed a strategic agreement to accelerate integrated geothermal asset development and deploy enhanced geothermal systems (EGS) at scale. The partnership includes an EGS pilot project and plans for global commercialization.
