Shale
News
April 02, 2026
Tamboran reports strong flow results from its SS-6H well in Australia’s Beetaloo basin, with normalized rates of 11.9 MMcf/d signaling competitive shale gas performance.
News
March 30, 2026
Mercuria-backed Phoenix Global Resources is preparing a $6 billion expansion in Argentina’s Vaca Muerta shale, as President Javier Milei’s RIGI incentives boost investor confidence and accelerate drilling activity, positioning the basin as a growing contributor to global oil supply.
News
March 27, 2026
Rising oil prices driven by Middle East supply disruptions could prompt U.S. shale producers to increase drilling activity in the second half of 2026, with output potentially rising by more than 800,000 bpd through 2028, according to Citi.
News
March 27, 2026
INPEX and Formentera have formed a joint venture to accelerate shale gas development in Australia’s Beetaloo basin, targeting domestic supply and future LNG exports supported by U.S. shale expertise and expanded infrastructure plans.
News
March 03, 2026
Argentina has expanded its RIGI tax incentive program to include Vaca Muerta shale oil wells, a move expected to accelerate upstream investment and boost development returns by up to 12%, according to analysts.
News
March 02, 2026
WhiteHawk Energy has agreed to acquire 150,000 gross acres of Haynesville shale mineral and royalty interests, including 500 producing wells and 1,000 development locations.
News
February 26, 2026
bp is expanding U.S. shale drilling through its bpX Energy unit, targeting 8% production growth in 2026 and up to 650,000 boed by 2030 as the company seeks to reverse declining output and strengthen its upstream portfolio.
News
February 26, 2026
Aramco has started unconventional gas production at the Jafurah shale field and launched the Tanajib Gas Plant, advancing its plan to expand Saudi gas production capacity by approximately 80% by 2030.
News
February 24, 2026
Shale giant Diamondback Energy says fears of a global oil glut are easing as demand remains resilient, even as the Permian producer tests deeper drilling zones.
News
February 17, 2026
Ovintiv has agreed to sell its Anadarko basin assets in Oklahoma for $3 billion, marking a major portfolio shift as the company focuses on core Permian and Montney positions.
News
February 12, 2026
JERA has completed its $1.5-billion acquisition of Haynesville shale gas assets in Louisiana, expanding its U.S. upstream and LNG-linked portfolio and strengthening its long-term investment across the Gulf Coast energy sector.
News
February 12, 2026
YPF, Eni and XRG have signed a joint development agreement to advance the 12-MMtpa Argentina LNG project linked to the Vaca Muerta shale, targeting FEED work and a potential final investment decision in 2026.
News
February 02, 2026
Devon Energy and Coterra Energy have agreed to a $58-billion all-stock merger that will create one of the largest shale producers in the U.S., anchored by a dominant position in the Delaware basin.
News
January 30, 2026
SM Energy Company has completed its all-stock merger with Civitas Resources, Inc., creating a top-10 U.S. independent oil-focused producer with an expanded position across major shale basins, including the Permian.
News
January 29, 2026
Coterra Energy and Devon Energy are in advanced talks on a potential combination that could strengthen their Permian basin footprint and signal renewed consolidation across the U.S. upstream oil and gas sector.
News
January 21, 2026
Argentina posted its largest energy trade surplus in more than three decades in 2025, as rising oil and gas production from the Vaca Muerta shale drove a sharp increase in exports and strengthened the country’s upstream outlook.
Article
December 2025
Unconventional drilling demands uncompromising rig performance, and new rig designs are delivering value by reducing flat time, increasing efficiency and improving safety
News
January 16, 2026
Mitsubishi Corporation is entering the U.S. shale gas market with a $5.2-billion acquisition of Aethon Energy’s Haynesville Shale assets in Louisiana and Texas. The deal adds about 2.1 Bcf/d of gas production and strengthens Mitsubishi’s integrated LNG value chain with access to Gulf Coast export infrastructure.
News
January 15, 2026
Coterra Energy is exploring a potential merger with Devon Energy, a deal that could rank among the largest shale consolidations in years. Talks are still preliminary, but an all-stock transaction would combine two major Permian basin producers amid renewed upstream M&A momentum.
News
January 13, 2026
1776 Energy has sold its Eagle Ford and Austin Chalk assets in South Texas to Silver Hill Energy Partners, transferring approximately 17,500 net acres and more than 550 drilling locations in Karnes and Gonzales counties.
