The Latest

US Drillers Cut Oil, Gas Rigs for Third Week in a Row

Drillers in the Permian Basin drillers cut three rigs, bringing the total down to 282, the lowest since November 2021.

EOG Secures Award to Explore Abu Dhabi for Unconventional Oil

U.S. shale giant EOG Resources will evaluate 900,000 acres in a hydrocarbon-rich basin in Abu Dhabi under a new concession agreement with ADNOC.

More Meat Off the Bone: New Refrac Methods Drive Production Gains

Liner hanger components and bullhead frac combinations are boosting refract results.

Kingswood‘s One X Buys Pressure Control Firm United Energy Partners

One X, backed by Kingswood Capital Manaement, will purchase service firm United Energy Partners to become a provider of greaseless pressure control values across multiple shale plays.

Five Point Forms PowerBridge with $1B Commitment to Build Data Centers

Five Point Infrastructure has formed PowerBridge LLC with a $1 billion equity commitment to develop and manage gigawatt-scale data centers and associated infrastructure.

Halliburton, Rhino Resources Deliver Two Wells Offshore Namibia

These exploration wells located in PEL 85 are completed entirely from in-country infrastructure through Halliburton’s operational bases in Namibia.

Carbon Capture Outlook Shows Signs of Brightening

Companies big and small are responding to global incentives to catch and store CO2.

2025 E&P Meritorious Engineering Awards for Innovation

Hart Energy honors 16 technologies that demonstrate upstream engineering excellence.

There’s Something in the Permian’s Water, and That’s a Problem

Companies big and small are figuring out how to manage the Permian Basin’s unprecedented volume of produced water.

Buyers Scramble for Their Slice of the Haynesville

A natural gas demand wave approaches, but there’s precious little left in the market to buy in the coveted Haynesville Shale.