The Texas Commission on Environmental Quality (TCEQ) has officially completed the air permit transfer of the Perry Ranch Gas Plant from Chevron USA Inc. to Scout Energy Management LLC, marking another milestone in Chevron’s broader divestiture of its Eagle Ford assets.
Enterprise Midland Basin Midstream LLC has received air permit approval for its Athena Gas Plant, a major step forward in the company’s continued buildout of natural gas processing capacity in the Midland Basin.
Matador Resources Company (NYSE: MTDR) capped off the third quarter of 2025 with record-breaking production, strong financial results, and another dividend increase—cementing its position as one of the most efficient and disciplined mid-cap operators in the Permian Basin.
While SLB’s Q3’25 results reflected the broader struggles of the oilfield services sector—driven by weaker crude prices and softer onshore activity—one area of the business is defying the trend: Data Center Solutions.
Baker Hughes (NASDAQ: BKR) is reshaping its business once again—this time through a bold acquisition of Chart Industries (NASDAQ: GTLS). The $13.6 billion deal marks one of the company’s largest strategic shifts in years, signaling a move away from its historic dependence on oilfield services toward a broader energy technology platform.
Halliburton’s third-quarter results showed steady growth overall, but one detail stood out — cementing activity in U.S. Land declined.
Nationally, the U.S. rig count ticked up to 548, with 418 oil rigs, 121 gas rigs, and 17 offshore platforms — a sign of slow but durable recovery heading into winter.
Liberty Energy’s pivot toward distributed natural gas power generation represents a bold evolution from a traditional oilfield services provider to an energy infrastructure enabler for the emerging AI and data center economy.
The Permian Basin’s natural gas future just became a lot more connected. On October 9, ARM Energy and PIMCO announced a Final Investment Decision (FID) on the Mustang Express Pipeline, a $2.3 billion, 42-inch project that will transform gas flows from the Katy Hub to the Gulf Coast LNG corridor.
The global crude market is entering a rare phase: the world’s largest producer, the United States, is pumping at record levels and consuming barrels at a pace that defies seasonal patterns. Add tightening chokepoints in Europe, Saudi pricing adjustments, and Libya’s upstream revival—and the Atlantic and Middle Eastern basins are now locked in a complex tug-of-war between abundance and constraint.
