U.S. Onshore
News
September 25, 2025
Nabors Industries and Caturus Energy have launched the PACE-X Ultra™ X33 rig, the most powerful onshore drilling system in the U.S. The rig enables complex well designs, including 4-mile laterals and 14,000+ ft depths, setting new benchmarks for efficiency, safety and lower-carbon operations.
News
September 23, 2025
Seatrium Limited has agreed to sell its AmFELS Yard in Brownsville, Texas, to Karpower Valley LLC for $65 million. The divestment enhances capital efficiency while maintaining Seatrium’s U.S. market presence through technology centers and service hubs.
News
September 19, 2025
Texas upstream oil and gas employment ticked upward in August, with direct jobs reaching 205,100, according to new data from the Texas Independent Producers and Royalty Owners Association (TIPRO).
News
September 18, 2025
The U.S. Senate has confirmed former Energy Workforce & Technology Council (EWTC) CEO Leslie Beyer as Assistant Secretary for Land and Minerals Management at the Department of the Interior, a role with sweeping oversight of U.S. oil, gas and mining activity on federal lands and offshore.
News
September 16, 2025
A new Rystad Energy study commissioned by AXPC highlights the vital role of independent producers in U.S. oil and gas. In 2024, onshore independents supported 3.1 million jobs and generated $488 billion in GDP output while producing over 85% of crude and 90% of natural gas.
News
September 15, 2025
Chord Energy will acquire 48,000 acres and 9,000 boed of production in the Williston Basin from ExxonMobil’s XTO Energy for $550 million. The deal, effective Sept. 1, strengthens Chord’s drilling inventory and lowers its breakeven costs.
News
September 11, 2025
Production from the Bakken had been expected to rise heading into late 2025 and early 2026, but weaker oil prices and rising competition from Canada have contributed to slower drilling in the region, analysts said.
News
September 11, 2025
The Permian Strategic Partnership (PSP) has appointed Jack Harper as its new chairman, strengthening leadership for one of the most influential coalitions in the U.S. oil and gas industry. Harper, a longtime Permian exec, will guide PSP’s growth mission for the region.
News
September 09, 2025
Diversified Energy Company Plc will acquire Canvas Energy in a $550 million deal that significantly expands the company's producing assets and acreage positions in Oklahoma. Approximately 23 high-quality producing wells are included in the acquisition.
News
September 08, 2025
The Energy Workforce & Technology Council (EWTC) has published its Well Stimulation Surface Operations Industry Guidelines, providing operators with best practices for hazard identification, risk management, and execution of surface operations during fracture stimulation.
News
September 05, 2025
Monkey Island LNG has selected ConocoPhillips’ Optimized Cascade® Process liquefaction technology for its planned 26 MMtpa natural gas liquefaction and export facility in Cameron Parish, Louisiana.
News
September 02, 2025
Commonwealth LNG has received its final non-free trade agreement (non-FTA) export authorization from the U.S. Department of Energy (DOE) for its 9.5 MMtpa liquefied natural gas facility in Cameron Parish, Louisiana.
News
September 02, 2025
Baker Hughes’ equipment is designed to operate with Fervo’s cutting-edge Enhanced Geothermal Systems (EGS), resulting in a fully integrated power plant that drives scalability in sustainable baseload power generation.
News
September 02, 2025
Between 2020 and 2024, total crude oil and lease condensate production in the United States grew by 1.9 million barrels per day (bpd), 93% of which was produced from just 10 counties in Texas and New Mexico, according to a new report from the Energy Information Administration (EIA).
News
August 29, 2025
Following approval of the 450-mile Eiger Express Pipeline project connecting the Permian basin to Gulf Coast markets, Texas Railroad Commissioner Wayne Christian issued a statement of support, emphasizing the importance of infrastructure in meeting energy demand.
Article
August 2025
Cavitation Technologies, Inc., specializes in development of advanced cavitation-based fluid processing systems. Their core innovation is the hydrodynamic cavitation Nano Reactor®, which has broad usage, including applications that may help to cost-effectively mitigate some of the industry’s produced water problems.
News
August 29, 2025
Texas Railroad Commissioner Wayne Christian on Friday praised a new report showing that operators in the Permian basin have reduced methane intensity by 50 percent since 2022, even as oil and natural gas production surged to historic highs.
News
August 26, 2025
Zephyr Energy has completed its $7.3 million acquisition of working interests in accretive, mature proved developed producing (PDP) assets in core Rocky Mountain basins. In addition to the PDP assets, the acquisition includes additional acreage with potential for future development.
News
August 25, 2025
Crescent Energy today announced a definitive agreement to acquire shale rival Vital Energy in an all-stock transaction valued at approximately $3.1 billion. The merger positions Crescent as a top 10 independent producer, with a scaled and focused asset portfolio across the Eagle Ford, Permian and Uinta Basins.
Article
August 2025
For all the oil and gas industry doubters out there, some interesting news surfaced recently. According to a new analysis by S&P Global Commodity insights, the methane intensity of oil and gas production in the Permian basin declined more than 50% during the 2022-2024 period.
News
August 19, 2025
"We’re active in the Permian, but we also look for opportunities in areas like the Barnett shale, where competition is lower, pricing can be more favorable, and the right deals can deliver strong, stable returns,” said Rising Phoenix's CEO.
