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

The oil and gas rig count fell by one to 582 in the week to Sept. 6, the lowest since June. 

Could Nuclear Rival NatGas, Renewables in Race to Meet Power Demand?

Energy providers are positioning themselves to meet growing power needs, including for large-scale data centers known as hyperscalers.

NextEra Advanced in Texas Loan Program—Without Ever Applying

The Texas Public Utility Commission threw out a loan application after learning—from NextEra—that it wasn’t part of an electricity generation project submitted by Aegle Power.

Non-op Rising: NOG’s O’Grady, Dirlam See Momentum in Co-purchase M&A

Non-operated specialist Northern Oil & Gas is going after larger acquisitions by teaming up with adept operating partners like SM Energy and Vital Energy. It’s helping bridge a capital gap in the upstream sector, say NOG executives Nick O’Grady and Adam Dirlam.

ARC Resources Divests Non-core, Non-Montney Assets

ARC Resources did not provide additional information on the divested assets, which the company said had results in proceeds of $59.2 million.

Hirs: The State of Texas vs. Texans—A Matter of Life, Death and Money

Texas is a case study on the dangers of weak regulation.

‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024

The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.

Go Long: Exxon, EOG Extend Permian Laterals, Lead US Onshore Drilling

When it comes to drilling in U.S. onshore basins, no other operators are drilling more than Exxon Mobil and EOG Resources, according to Enverus data.

Behind the Hype: The 'Jaw-dropping' Expectations for AI, Natural Gas

Anecdotal evidence suggests "jaw-dropping" energy needs as AI data centers come online, but building up the power supply will be a complicated process for producers and midstream companies.

Private Producers Find Dry Powder to Reload

An E&P consolidation trend took out many of the biggest private producers inside of two years, but banks, private equity and other lenders are ready to fund a new crop of self-starters in oil and gas.