Permian Basin Oil Companies List – 2025 Edition
DJ Basin Oil Companies
Powder River Oil Companies
Permian Basin Oil Companies List – 2025 Edition
Sabalo II Operating Advances Section 28 Development with New Air Permit Approval
Sabalo II Operating continues to demonstrate disciplined execution in the Midland Basin with the approval of a new air permit in Section 28, Block 3, Andrews County, Texas. While air permits are often viewed as regulatory milestones, in this case the timing provides a clear operational signal: Section 28 has moved through drilling and completion and is transitioning into producing operations Sabalo II Operating Block 3 & S….
Chevron–TG Natural Resources JV: Why the Air Permit Transfer Matters More Than the Headline
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, entered into a strategic joint venture with TG Natural Resources through the sale of a 70% interest in its East Texas natural gas assets.
Kansas Drilling Pulls Back in 2025: Fewer Wells, Tighter Capital, and a Shift to Core Counties
Kansas oil and gas drilling activity declined sharply in 2025, confirming what many operators and service companies have felt on the ground all year: fewer wells, fewer rigs, and a more selective approach to capital deployment.
Using well-level activity data, this analysis looks at wells drilled by year, top operators, and top counties, comparing 2024 vs. 2025 to understand not just how much activity declined — but where it concentrated.
Wells to Watts: Why Drilling Activity Now Determines Who Powers America’s AI Boom
Today, wells are no longer just feeding refineries, export terminals, or local utilities. Increasingly, they are powering AI data centers, hyperscale cloud campuses, and gas-fired power plants that didn’t exist five years ago. The result is a structural shift from “wells to markets” to “wells to watts.
Devon 400+ US Wells Drilled 2025: Smart Gas Lift + AI Optimization Are Driving Base Production Growth
One of the most important takeaways from Devon Energy Corporation’s recent performance isn’t headline growth from new drilling—it’s durable base production uplift driven by smart gas lift, AI-enabled optimization, and disciplined operations across its core basins.
In total, 429 wells were drilled across Devon’s portfolio. But the real story is how those wells—and the existing base—are performing as advanced technology is scaled basin by basin.
Chevron’s 2025 Drilling Program 400+ Wells: Efficiency Creates a Factory Approach, Driving Improved Cash Flow
In 2025, Chevron drilled a total of 437 wells across its U.S. onshore and offshore portfolio. The results underscore a consistent theme: efficiency creates a manufacturing approach that improves cash flow durability, even in a lower-volatility growth environment.
Occidental Petroleum 700 wells drilled 2025: Improved Production Across Core Basins Drives Outperformance
Occidental Petroleum delivered a strong operational quarter, marked by improved production, higher efficiency, and results that exceeded guidance across multiple basins. Operational execution—not higher commodity prices—was the primary driver, as performance gains came from better well productivity, stronger base production, and improved uptime across both onshore and offshore assets.
Power Demand Is the Real Catalyst in 2026
Energy’s next cycle isn’t being driven by barrels—it’s being powered by electricity, as surging demand from A.I., data centers, and electrification reshapes where capital, infrastructure, and opportunity are flowing.
