Cenovus Energy (CVE) is exploring a potential sale of its conventional oil and gas assets in Alberta’s Deep Basin, according to a recent Reuters report, as the company looks to reduce debt following its acquisition of MEG Energy.
Kinder Morgan made it clear that U.S. drilling activity is no longer the primary driver of midstream growth, with volumes increasingly shaped by LNG feed gas demand, power generation, and infrastructure utilization rather than rising rig counts. Across major plays — including the Permian, Haynesville, Eagle Ford, Bakken, and Northeast — the company views supply as durable and responsive to demand pull, allowing earnings growth even if drilling activity remains flat.
Instead, drilling programs unwind in stages — driven by economics, capital discipline, and inventory management. The recent decision by Continental Resources to pause drilling in North Dakota provides a clear, real-world example of how that process works and how drilling data often reveals the decision long before public statements are made.
Sempra has quietly assembled one of the most balanced LNG portfolios on the U.S. Gulf Coast — one that aligns directly with how LNG is being financed, built, and contracted in the next decade.
Venture Global has assembled one of the largest LNG development portfolios in the world — not through legacy infrastructure or national backing, but through an aggressive, modular, and execution-focused development strategy that has redefined how U.S. LNG projects are built.
Over the past decade, the United States has transformed from a marginal LNG importer into the world’s largest exporter of liquefied natural gas. At the center of that transformation stands Cheniere Energy — the company that not only launched U.S. LNG exports but continues to define how each new wave of LNG development unfolds.
Louisiana drilling activity remains steady despite continued price volatility, with the Haynesville shale sustaining the majority of statewide momentum. Stable rig counts, incremental permitting, and consistent natural gas development underscore operators’ focus on core assets and disciplined capital deployment.
Oklahoma’s total rig count remained at 43, matching the prior week’s level.
Western Midstream Partners’ (NYSE: WES) newly announced restructuring of its Delaware Basin natural gas gathering agreements with Occidental Petroleum and ConocoPhillips is not simply a contract amendment. It is a clear example of how midstream infrastructure is being redesigned to support the next phase of Permian development.
Located on the Brownsville Ship Channel in South Texas, Rio Grande LNG is strategically positioned to receive natural gas from some of North America’s most prolific producing regions — particularly the Permian Basin and Eagle Ford Shale — and deliver that supply to global markets.
