The rapid expansion of artificial intelligence, cloud computing, and digital infrastructure is fundamentally reshaping energy demand in the United States. Data centers — once a niche segment of electricity consumption — are now emerging as one of the largest drivers of new power needs nationwide.
ccording to the latest Baker Hughes report, the total number of active oil and gas rigs rose by two to 587, although overall rig activity remains below last year’s levels.
ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin — just seven years after the first spud in 2017.
The Oklahoma Oil Companies Directory is a compiled directory of oil & gas companies operating in Oklahoma that focus on the Anadarko Basin, one of the most prolific oil and gas-producing regions in the United States.
Haynesville Shale Oil Companies Directory is a compiled directory of oil & gas companies operating in East Texas & Louisiana that focus on the Haynesville Shale Basin, one of the most prolific oil and gas-producing regions in the United States.
Midland Basin Oil Companies Directory is a compiled directory of oil & gas companies operating in West Texas that focus on the Midland Basin, one of the most prolific oil and gas-producing regions in the United States.
Delaware Oil Companies Directory is a compiled directory of oil & gas companies operating in the Texas & New Mexico that focus on the Delaware Basin, one of the most prolific oil and gas-producing regions in the United States.
In North America, SLB reported $1.72 billion in revenue for the first quarter of 2025, an 8% year-over-year increase driven by strong digital sales, subsea production system sales, and booming data center infrastructure demand. However, this growth masked weakness in traditional drilling markets.
Phillips 66 Co. is charging ahead with its strategy to enhance midstream performance and integrated growth, announcing major new developments during its Q1 2025 earnings call on April 25.
Despite persistent market volatility and a softening U.S. drilling landscape, Precision Drilling Corporation (TSX:PD; NYSE:PDS) entered 2025 with steady financial performance, operational strength in Canada, and a continued focus on shareholder returns.
