The North American frac market is undergoing a transformation driven by innovation, capital discipline, and the relentless pursuit of efficiency. From triple-frac mega pads to fully automated completions, here are the top five trends defining hydraulic fracturing in 2025
As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin. From advanced fracking to record production, here are the top 5 strategic priorities that will shape ExxonMobil’s momentum through year-end.
Blackcomb Pipeline, LLC is advancing development with two new compressor stations to support its natural gas pipeline network. Backed by recent air permits issued by the Texas Commission on Environmental Quality (TCEQ), these stations are set to enhance compression capacity and reliability across the Permian and Eagle Ford regions.
ExxonMobil’s Wink to Webster pipeline strategically operates as North America’s highest-capacity link between the Permian Basin and Gulf Coast refining capacity.
2025 progresses, APA Corporation (NASDAQ: APA) is sharpening its focus on operational efficiency, disciplined capital deployment, and portfolio optimization. With the Permian Basin at the heart of its strategy, APA continues to evolve in response to shifting commodity markets and investor demands for returns over volume.
Mitsubishi Corporation is reportedly in advanced negotiations to acquire Aethon Energy Management’s U.S. shale production and pipeline assets in a deal valued at approximately US $8 billion.
With a sharp pivot back to hydrocarbons and a clear-eyed focus on capital efficiency, BPX is emerging as a key growth engine for BP. The second half of 2025 will be defined by continued infrastructure ramp-up, disciplined well delivery, and maximizing cash returns from top-tier shale acreage.
West Texas, the heart of U.S. shale oil production, is experiencing a significant pullback in drilling activity. According to our analysis, 24 drilling rigs that were active in the Midland region during 2024 have not returned to drill in 2025 — a clear signal that the slowdown is real and gaining momentum.
The national rig count has declined for the 11th consecutive week — the longest losing streak since the COVID-era downturn of mid-2020.
UK-based explorer Pantheon Resources is moving forward with its Alaska drilling campaign despite recent setbacks at its Megrez-1 exploration well. In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. The well was suspended, and shares dropped to 20.65 UK pence.
