E&P Highlights: July 7, 2025
Here’s a roundup of the latest E&P headlines, including a natural gas discovery offshore by Exxon Mobil.
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Acquisitions & Divestitures
Oilfield Service Firms Keep Merging to Survive
Faced with shrinking customer bases, rising costs and a slowing market, publicly traded oilfield services firms like SLB, DNOW and DXP are leaning into M&A to gain scale, efficiency and tech advantage.
Renewables
Energy Transition in Motion (Week of July 4, 2025)
Here is a look at some of this week’s renewable energy news, including the start of commercial operations for a 1.2-GWh storage facility.
Crude Oil
What's Affecting Oil Prices This Week? (July 7, 2025)
With the uncertainty generated by the tariffs and a higher-than-expected increase in supply from OPEC+, for the upcoming week, Stratas Advisors expect that oil prices will be under pressure – and the price of Brent crude could test $66.
Shale Plays
10 Years Strong: Surge Energy Powers Through the Midland Basin
Ten years since Surge Energy incorporated and took a chance on difficult terrain, the privately held producer sets its sights on organic growth and corporate acquisitions.
Liquefied Natural Gas (LNG)
Golden Pass LNG Moves Closer to Production, Filing Shows
Golden Pass LNG could begin commissioning in October as Train 1 nears readiness.
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Oil and Gas Investor Magazine
Harold Hamm is Still Wildcatting After All These Years
As the founder and chairman of Continental Resources reflects on 25 years of Bakken horizontal development, Harold Hamm urges his fellow U.S. producers to “never quit exploring.”