U.S. Onshore
News
May 22, 2026
A federal oil and gas lease sale covering Permian basin acreage in Texas and New Mexico generated more than $4 billion, marking the largest onshore lease auction in U.S. history as operators ramp up drilling activity amid stronger oil prices and pro-development policy shifts.
News
May 22, 2026
The U.S. oil rig count posted its largest weekly increase since 2022 as rising crude prices tied to Middle East tensions and the Strait of Hormuz disruption boosted shale drilling activity, particularly in Texas.
News
May 21, 2026
IPAA is backing new legislation from Senator Cynthia Lummis and Congressman August Pfluger aimed at easing methane emissions requirements for marginal oil and gas wells by shifting more oversight to states.
News
May 20, 2026
Chord Energy has invested in MaverickX to support deployment of PetroX Boost, a shale production enhancement technology aimed at improving hydrocarbon recovery from unconventional wells in the Bakken and other U.S. shale basins.
News
May 19, 2026
Kimbell Royalty Partners has agreed to acquire $147 million in Permian basin mineral and royalty interests from Mesa Royalties, expanding its exposure across the Delaware and Midland basins.
News
May 19, 2026
The U.S. Senate has confirmed former Congressman Steve Pearce as director of the Bureau of Land Management, a move welcomed by oil and gas groups seeking expanded federal leasing and permitting activity.
News
May 13, 2026
Texas Railroad Commissioner Wayne Christian warned that rising federal debt, inflation and ongoing Strait of Hormuz tensions could threaten U.S. energy security and weaken the dollar’s dominance in global oil markets.
News
May 11, 2026
The Independent Petroleum Association of America praised the Trump administration’s decision to rescind the Bureau of Land Management’s public lands rule, arguing the rollback will improve regulatory certainty and protect access to federal lands for independent oil and gas producers.
News
May 11, 2026
The Energy Workforce & Technology Council (EWTC) reported a second consecutive month of U.S. energy services job growth in April, as companies cautiously expand hiring amid improving market conditions and ongoing geopolitical uncertainty.
News
May 07, 2026
Devon and Coterra have completed their merger, creating a major U.S. shale operator with expanded Delaware basin scale and operations spanning the Anadarko, Eagle Ford and Marcellus plays.
News
May 06, 2026
The Trump administration is considering drilling for oil beneath U.S. military bases and other federal land as part of efforts to refill the depleted Strategic Petroleum Reserve.
News
May 06, 2026
Diversified and Carlyle are acquiring $1.2 billion in Anadarko basin assets from Camino, expanding their Oklahoma footprint with new SCOOP/STACK inventory and a large-scale ABS financing structure.
News
May 06, 2026
Texas Railroad Commissioner Wayne Christian praised record Corpus Christi export activity and rising drilling momentum as Texas producers respond to supply disruptions tied to the Iran conflict.
News
May 04, 2026
Diamondback is ramping up Permian output, citing a “historic global deficit” as supply disruptions and rising prices push U.S. shale producers to respond.
News
May 04, 2026
Permian land firm EagleRock has launched an IPO that could raise nearly $400 million, underscoring continued investor interest in basin access and royalty assets.
News
May 01, 2026
The EPA will allow limited routine flaring at new oil wells beyond the 2026 phaseout deadline, offering operators added flexibility amid ongoing infrastructure constraints.
News
April 30, 2026
A new TIPRO report shows Permian and Texas oil production hitting record highs while flaring intensity drops sharply—highlighting how infrastructure gains are reshaping emissions trends.
News
April 30, 2026
SM Energy has completed a $950 million sale of South Texas assets, marking a major step in its ongoing portfolio repositioning.
News
April 30, 2026
ConocoPhillips is excluding Qatar volumes from guidance as Middle East disruption impacts output, while Lower 48 operations continue to drive production.
News
April 24, 2026
SLB has agreed to acquire S&P Global Energy’s upstream software portfolio, expanding its digital subsurface and AI capabilities for U.S. shale and unconventional workflows.
Article
April
Despite flat activity over the past two years, 2026 for the Permian basin looks moderately promising. Middle Eastern hostilities have pushed up oil prices, as operators continue to squeeze out production gains through additional technology and efficiencies. Some modest output growth is therefore likely.
