ExxonMobil’s first-quarter 2025 results reveal a clear narrative: U.S. upstream growth, driven by “advantaged” assets like the Permian Basin, is central to the company’s long-term performance. The term “advantaged” is used repeatedly in the earnings release — not as corporate jargon, but as a meaningful lens into ExxonMobil’s capital allocation and earnings engine.
EOG Resources (NYSE: EOG) delivered a strong first quarter in 2025, demonstrating why it remains one of the most efficient and resilient operators in the U.S. upstream oil and gas sector. With U.S. production rising, foundational assets like the Eagle Ford Shale delivering steady performance, and capital discipline taking center stage, EOG is charting a confident course through a complex market environment.
In oil & gas operations, drilling time estimates are more than just planning tools—they’re the foundation for budgeting, rig scheduling, and investor expectations. But despite their importance, these estimates are often inaccurate, leading to cost overruns, delays, and poor capital efficiency. Fortunately, one tool has proven invaluable in closing the gap between planning and reality: the Daily Drilling Report (DDR).
Nabors Industries (NYSE: NBR) kicked off 2025 with a modest revenue uptick and a return to profitability, but behind the headline numbers lies a critical challenge facing the U.S. land drilling sector: rig churn. Drilling activity in Q1 2025 declined by nearly 12% compared to the same period in 2024.
The Denver-Julesburg (DJ) Basin continues to stand out as one of the most consolidated and cost-effective oil and gas plays in the U.S.
Comstock Resources (NYSE: CRK) has released its Q1 2025 earnings, showcasing a confident return to growth, operational efficiency, and a focused expansion strategy in the Haynesville shale. With improving natural gas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins.
Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub. These expansions will double Vaquero’s gathering capacity to 800 MMcf/d and boost total processing to 600 MMcf/d, solidifying its position as a key midstream operator in one of the most active gas-producing regions in the U.S.
DT Midstream (NYSE: DTM) reported strong Q1 2025 results, highlighting not only solid financial performance but also a clear long-term growth strategy anchored in the rising global demand for liquefied natural gas (LNG). With key infrastructure positioned in the Haynesville and Appalachian basins, DTM is leveraging its high-quality assets and strong contract profile to support future LNG-driven expansion.
One of the brightest spots for BP in Q1 2025 came from its exploration success in the Gulf of America, BP announced a major new discovery in the region, contributing to what it described as its “best quarter for exploration in a very long time.”
There was a 36.5% increase in drilling activity in Q1 2025 compared to Q1 2024. This strong start suggests greater operator confidence, likely supported by more stable commodity prices and an uptick in investment plans for the year.
