News
January 21, 2026
Elnusa is strengthening Indonesia’s onshore exploration push with a major nodal seismic technology investment, targeting faster surveys and higher-resolution imaging in complex geological settings.
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.
News
January 09, 2026
Indonesia Energy Corporation is advancing pre-drilling operations for two new onshore wells at its Kruh Block in Sumatra, with drilling expected to begin before the end of first-quarter 2026 as part of a back-to-back development program.
News
January 09, 2026
Independent Petroleum Association of America said U.S. independent oil and natural gas producers remain critical to energy security and local economies, while facing a challenging price environment that complicates capital allocation and long-term investment decisions.
News
January 08, 2026
Vickery Energy has closed the acquisition of Tribune Resources’ Appalachian Basin natural gas assets, adding 38,000 net acres and more than 200 MMcfe/d of production across West Virginia.
News
January 06, 2026
Halliburton has launched the Hypersteer MX matrix-body directional drill bit, addressing erosion and abrasion challenges in high-flow shale wells to enable longer runs and reduced well construction time.
News
January 05, 2026
Continental Resources has signed an agreement with Pan American Energy to acquire non-operated interests in four blocks in Argentina’s Vaca Muerta shale. The deal expands Continental’s footprint in the Neuquén basin as the company builds a long-term international unconventional portfolio.
News
January 02, 2026
Wallstreet Sand Co. has brought dry frac sand operations online at its Kermit, Texas facility, expanding in-basin proppant supply to support Permian basin completion activity and logistics efficiency.
News
December 22, 2025
Kolibri Global Energy said production at its Tishomingo field in Oklahoma has exceeded 6,000 boed as new Barnes and Velin wells begin flowing back.
News
December 17, 2025
Vista Energy is seeking shareholder approval to pursue new acquisitions in Argentina’s Vaca Muerta shale, potentially funded through an equity issuance.
News
December 17, 2025
MOL Group and SOCAR have signed a new onshore exploration and production sharing agreement in Azerbaijan’s Shamakhi-Gobustan region, with MOL as operator. The deal strengthens their Caspian partnership and sets the stage for seismic work in 2026, followed by future exploration drilling.
News
December 15, 2025
Buccaneer Energy is moving ahead with a new waterflood program at its Fouke area assets in Texas, aiming to double or triple recoverable volumes. The plan includes converting two wells for injection, reinstating production at Turner #1, and advancing development work over the next six months.
News
December 12, 2025
The EIA expects U.S. crude production to edge down to 13.5 million bpd in 2026, ending four years of growth as lower prices and regional declines offset gains in the Permian.
News
December 11, 2025
Dana Gas has confirmed a significant 15–25 Bcf gas discovery at the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta. The find supports the company’s $100 million drilling program, with production expected to exceed 8 MMscf/d once tied into the national gas network.
News
December 09, 2025
Kistos has made its first move into the Middle East, agreeing to acquire onshore interests in Oman’s Blocks 9 and 3 & 4 in a $148-million deal with Mitsui. The transaction adds immediately cash-generative, liquids-weighted production and over 25 MMboe of net reserves.
News
December 08, 2025
Northern Oil and Gas and Infinity Natural Resources will jointly acquire premium Utica shale upstream and midstream assets for $1.2 billion, expanding NOG’s natural gas portfolio with long-life inventory, strong margins, and integrated infrastructure.
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