In a landmark move shaking up the U.S. shale industry, Devon Energy Corporation (NYSE: DVN) and Coterra Energy Inc. (NYSE: CTRA) have announced an all-stock merger valued at approximately $58 billion in combined enterprise value. The deal, unveiled on February 2, 2026, aims to forge a premier shale operator with enhanced scale, diversified assets, and […]
Continue ReadingDaily Standup Top Stories DAVID BLACKMON: On Energy, China Knows What The Rest Of Us Must Re-Learn June 7, 2025 Clark Savage ENB Pub Note: This article from David Blackmon is fantastic on The Daily Caller. We recommend following him there and on his Substack The Energy Absurdity Turley’s Law is alive and well. The more […]
Continue ReadingThe U.S. oil and gas industry is experiencing a significant slowdown, with drilling activity dropping to levels not seen since late 2021. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States fell by 4 to 559 for the week ending June 6, 2025, marking a […]
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