Nationally, the U.S. rig count ticked up to 548, with 418 oil rigs, 121 gas rigs, and 17 offshore platforms — a sign of slow but durable recovery heading into winter.
U.S. Rig Activity Holds Firm – Baker Hughes
The AI Power Pivot — Liberty Energy’s Bid to Monetize the Molecule-to-Electron Transition
Liberty Energy’s pivot toward distributed natural gas power generation represents a bold evolution from a traditional oilfield services provider to an energy infrastructure enabler for the emerging AI and data center economy.
Mustang Express: The New Superhighway for Permian Natural Gas
The Permian Basin’s natural gas future just became a lot more connected. On October 9, ARM Energy and PIMCO announced a Final Investment Decision (FID) on the Mustang Express Pipeline, a $2.3 billion, 42-inch project that will transform gas flows from the Katy Hub to the Gulf Coast LNG corridor.
Record U.S. Crude Supply Meets Unusually Strong Demand — and Global Ripples Follow
The global crude market is entering a rare phase: the world’s largest producer, the United States, is pumping at record levels and consuming barrels at a pace that defies seasonal patterns. Add tightening chokepoints in Europe, Saudi pricing adjustments, and Libya’s upstream revival—and the Atlantic and Middle Eastern basins are now locked in a complex tug-of-war between abundance and constraint.
Occidental’s Vicki Hollub: Oil Prices Stable Through 2026, Bullish Beyond
Occidental Petroleum CEO Vicki Hollub shared a confident yet measured outlook for oil markets this week at the Energy Intelligence Forum in London, forecasting a period of price stability followed by a tightening market later in the decade. Hollub expects oil prices to remain within a $58 to $62 per barrel range through 2026, describing the near-term environment as relatively balanced. But beyond that horizon, she sees growing potential for upward movement. v
North American LNG Exports Set to Double by 2029 — Led by U.S. Gulf Coast Expansion
If all the announced LNG export projects in North America get built — and that’s still a big if — our continent’s LNG export capacity is on track to more than double over the next five years.
Energy Fuels Innovation Hits Pittsburgh: $92 Billion in Energy and Innovation Investments Announced for Pennsylvania
At the Pennsylvania Energy and Innovation Summit, hosted by Senator Dave McCormick More than $92 billion in private-sector investments—yes, nearly one-tenth of a trillion dollars—were unveiled for the Keystone State.
And at the center of this massive wave of capital? The Marcellus Shale, the largest natural gas field in the United States and the foundation of Pennsylvania’s modern industrial resurgence.
Liberty Energy Q3 2025: Navigating Headwinds and Powering Toward the Future
Liberty Energy’s third-quarter 2025 results offered a clear-eyed view of today’s completions market — and an ambitious look ahead at where energy services are heading. While revenue and profitability softened amid a slowdown in North American frac activity, the company’s remarks on market context and outlook reveal both realism and long-term conviction.
ExxonMobil’s Baytown Project: Building One of the World’s Largest Blue Hydrogen Hubs
ExxonMobil is constructing what could become one of the world’s largest low-carbon hydrogen and ammonia facilities — a flagship project that marks a defining moment in the evolution of U.S. energy infrastructure.
ConocoPhillips Expands Ruckman Ranch Development in Karnes and DeWitt Counties
ConocoPhillips continues to demonstrate disciplined, sequential development across South Texas, as seen in the evolution of the Ruckman Ranch Unit in Karnes County and the emerging Ruckman Trust Unit in neighboring DeWitt County. Both projects illustrate how tightly integrated drilling, completion, and environmental permitting have become across the Eagle Ford play.
