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HomePermian

Permian

Five states
EIA News

Five states drove record U.S. natural gas production in 2023

December 11, 2024 Mariel Alumit

Data source: U.S. Energy Information Administration, Natural Gas Monthly Note: 2024 YTD=Jan–Aug Five states produced more than 70% of the record 113.1 billion cubic feet per day (Bcf/d) of U.S. marketed natural gas production in 2023. Texas accounted […]

Drilling Activity
Crude Oil News

U.S. Drilling Activity Stumbles As Prices Remain Volatile

October 18, 2024 Mariel Alumit

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 […]

Climate Crisis

Harris Threatens American Energy

September 16, 2024 Andy Del Prado

Daily Standup Top Stories Why Kamala Harris Would Be A Total Disaster For American Energy September 15, 2024 Stu Turley The Biden-Harris administration’s whole-of-government war on energy perpetuates a very bleak vision of our nation’s future. […]

Crude Oil News

I See a Bull Oil Market On the Horizon

September 14, 2024 Stu Turley

There are several critical questions facing oil and gas investors today. The two we see most often are 1: oil is going to fade away as we are near peak oil demand. And 2: Will […]

production
Crude Oil News

Permian production forecast growth driven by well productivity, pipeline capacity

August 22, 2024 Mariel Alumit

In our latest Short-Term Energy Outlook (STEO), we forecast that crude oil production in the United States will grow to an average of 13.7 million barrels per day (b/d) and marketed natural gas production will grow to an average […]

U.S. Energy Development Corporation
Crude Oil News

U.S. Energy Development Corporation to invest $750 million on Permian projects

July 1, 2024 Mariel Alumit

(WO) – U.S. Energy Development Corporation (U.S. Energy) is expanding its operations in the prolific Permian basin. U.S. Energy is poised for significant growth and development in one of the most productive oil and gas […]

oil
Crude Oil News

New technology helps US shale oil industry start to rebuild well productivity

April 25, 2024 Mariel Alumit

HOUSTON, April 24 (Reuters) – Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more […]

Big Oil Companies

$200 Billion of M&A Wasn’t Enough in US Oil Patch

April 11, 2024 Stu Turley

Even after a record $200 billion dealmaking frenzy last year, US oil and gas producers haven’t consolidated nearly enough. On a-per-barrel basis, there are still too many companies, too many chief executives, and too many […]

M&A
EIA News

M&A activity in 2023 furthers consolidation of U.S. crude oil and natural gas firms

March 21, 2024 Mariel Alumit

In 2023, crude oil and natural gas exploration and production (E&P) companies increased spending on mergers and acquisitions (M&A) to $234 billion, the most in real 2023 dollars since 2012. Recent dealmaking marks a return to the previous […]

AI

ENB #189 Promoting Energy Efficiency: Data, AI, and Cybersecurity Perspectives from Rachel Collins

February 13, 2024 Stu Turley

Alright, some of the most fun things in the world are visiting with CEO’s from around the world. What is even more fun is visiting with CEOs LIVE from NAPE. This was an absolute blast […]

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