U.S. Onshore
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.
News
October 27, 2025
WellSense has completed a successful U.S. field trial of its jet-propelled FiberLine Intervention Conveyance System (FliCS) in the Permian basin. The breakthrough fiber optic technology enables rapid, low-risk well diagnostics in horizontal wells.
News
October 23, 2025
Japan’s JERA is expanding its U.S. upstream presence with a $1.5 billion acquisition in Louisiana’s Haynesville shale. The South Mansfield asset, producing 500 MMcf/d, positions JERA to double output to 1 Bcf/d and strengthen its global LNG value chain.
News
October 22, 2025
The U.S. Department of Energy has issued the final non-FTA export authorization for Venture Global’s CP2 LNG terminal in Cameron Parish, Louisiana. The approval enables exports to non-FTA countries and supports the U.S.’s advancing role in global LNG markets.
News
October 21, 2025
The Trump administration will purchase 1 MMbbl of crude oil to begin replenishing the U.S. Strategic Petroleum Reserve (SPR), marking the first step toward restoring the nation’s emergency supply following years of drawdowns.
News
October 13, 2025
ExxonMobil CEO Darren Woods said the company is cutting back European investments due to restrictive climate regulations, while praising President Donald Trump’s energy policies for supporting oil and gas growth.
News
October 09, 2025
Baytex Energy Corp. is considering divesting its Eagle Ford shale operations in south Texas, potentially fetching up to $3 billion, as the Calgary-based producer shifts strategic focus back to its Canadian oil portfolio.
News
October 09, 2025
A new S&P Global Commodity Insights analysis finds absolute greenhouse gas emissions from the Permian basin have fallen nearly 20% since 2022, even as oil and gas production increased by about 500,000 barrels per day.
Article
September 2025
News
October 08, 2025
Civitas Resources and SM Energy are discussing a merger of equals that reflects the next wave of consolidation among U.S. shale producers. The potential combination would strengthen both companies’ Permian basin operations and enhance efficiency.
News
October 07, 2025
The Texas Railroad Commission has established the State Task Force on Petroleum Theft (STOPTHEFT) to address rising oilfield crime. The 13-member group includes leaders from ConocoPhillips, Diamondback Energy, and the Texas Oil & Gas Association, alongside state and federal law enforcement.
Article
September 2025
AutoSep Technology has transformed flowback with advanced separation, automated control and enhanced safety. Its AutoSep Control Units reduce red zone exposure, boost efficiency, and cut emissions—setting a new standard in flowback operations.
News
October 06, 2025
Zephyr Energy plc announced the results of an updated Competent Person’s Report (CPR) for its Paradox basin assets in Utah, revealing a major upgrade in reserves and resource estimates for the company’s flagship Paradox project.
Article
September 2025
This article introduces a patent-pending, three-speed helical flow conditioner for multiphase cyclonic sand separation, detailing its design rationale, operating principles, and early field results from the Williston and Permian basins.
News
October 02, 2025
The Railroad Commission of Texas (RRC) has assessed more than $1.5 million in penalties against oil and gas operators and businesses during its latest open meeting, underscoring the agency’s continued focus on regulatory enforcement and compliance across the industry.
News
October 02, 2025
Berkshire Hathaway has agreed to buy Occidental Petroleum’s OxyChem unit for $9.7 billion in cash, marking Berkshire’s largest deal since 2022. Occidental plans to use $6.5 billion of proceeds to cut debt below $15 billion, reinforcing its strategy to prioritize long-term oil and gas development in the Permian basin.
News
October 01, 2025
Enverus Intelligence Research warns that Illinois’ ban on CO₂ sequestration beneath the Mahomet Aquifer has halted 5.6 MMtpa of carbon storage projects and could set a precedent nationwide, putting 20% of U.S. carbon capture capacity at risk.
News
October 01, 2025
AXP Energy has confirmed oil and gas across multiple pay zones in its Charlie #1 well in Noble County, Oklahoma. Wireline logs identified hydrocarbons in the Oswego Lime, Mississippi Chat, Mississippi Lime and Woodford Shale intervals.
News
September 29, 2025
BKV Corporation has closed its $370 million acquisition of Bedrock Energy Partners’ Barnett shale assets, adding 97,000 net acres, 108 MMcf/d of production, and expanded drilling inventory to solidify its role as the basin’s largest gas producer.
