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Crude Oil News

US Rig Count Holds Steady at 551: Insights from the Latest Baker Hughes Report

February 20, 2026 Clark Savage

The U.S. rotary rig count remained unchanged at 551 for the week ending February 20, 2026, according to the latest data from Baker Hughes. This marks no shift from the previous week but reflects a […]

Crude Oil News

EIA forecasts U.S. crude oil production will decrease slightly in 2026

December 13, 2025 Stu Turley

 In-brief analysis December 12, 2025 EIA forecasts U.S. crude oil production will decrease slightly in 2026 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), December 2025   In our latest Short-Term Energy Outlook, we forecast U.S. crude […]

Crude Oil News

U.S. Rig Count Falls Despite Record Production, and Draws from Inventories

October 31, 2025 Clark Savage

In the ever-volatile world of energy markets, the U.S. oil and gas sector continues to defy simple narratives. As of late October 2025, the U.S. rig count has dipped to 550 active rigs, marking a […]

Crude Oil News

US Oil Rig Count Stalling While Output Soars

October 18, 2025 Clark Savage

In the dynamic world of energy production, the United States continues to defy expectations. Despite a stagnant rig count, U.S. crude oil output has reached unprecedented heights, showcasing remarkable efficiency gains and technological advancements in […]

Crude Oil News

EIA Projects Steady U.S. Crude Oil Production at 13.5 Million Barrels Per Day Through 2026: Key Basins and Regions in Focus

October 9, 2025 Clark Savage

The U.S. Energy Information Administration (EIA) has updated its Short-Term Energy Outlook (STEO), forecasting that U.S. crude oil production will average 13.5 million barrels per day (b/d) in both 2025 and 2026. This projection comes […]

AI

Wall Street Found Big Oil. Who Would Have Thought? – ENB Weekly Recap

October 4, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Dallas Fed Survey Reveals Unrest in America’s Shale Patch September 27, 2025 Clark Savage ENB Pub Note: This article is from David Blackmon’s Substack, and we recommend subscribing. This brings up […]

Big Oil Companies

Is Big Oil Back in Vogue?

September 29, 2025 Andy Del Prado

Daily Standup Top Stories Why Advertisers Are Returning to Big Oil Despite Net-Zero Pledges September 27, 2025 Clark Savage ENB Pub Note: This is an excellent article from Irina Slav on Oilprice.com. While the title says […]

Crude Oil News

U.S. Shale Costs to Soar to $95 per Barrel Within a Decade

September 26, 2025 Stu Turley

The U.S. shale oil industry, a cornerstone of global energy supply, is facing a pivotal shift. According to recent analysis from energy intelligence firm Enverus, the marginal cost of U.S. shale oil production is projected […]

U.S. crude oil production
AI

U.S. Shale is Not Maxed Out Yet, and Don’t Rule Out the Other Plays in the States

August 29, 2025 Clark Savage

The narrative around U.S. shale oil and gas has been buzzing with talk of peaks and plateaus, especially amid fluctuating prices and budget constraints. Yet, a closer look at production trends, technological strides, and emerging […]

EOG
Big Oil Companies

EOG Resources Q2 2025 Earnings: Robust Production Growth Amid Commodity Price Challenges

August 10, 2025 Clark Savage

EOG Resources, Inc. (NYSE: EOG), one of the leading independent exploration and production companies in the United States, released its second-quarter 2025 earnings on August 7, delivering a performance that highlighted operational efficiency and production […]

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