Exxon reported record Permian production of nearly 1.7 million BOE/d, driven by technology, Cube development, and operational efficiency. In the Midland Basin, they expanded their footprint with 80,000+ new acres, which they expect to enhance using Exxon’s proprietary proppant, drilling, and completion technologies.
In the modern shale era, drilling may get the headlines — but workovers and drillouts are the backbone of long-term production. Every well eventually needs maintenance, optimization, or mechanical repair. Wells decline, frac plugs need to be milled out, artificial lift systems fail, and reservoir conditions change.
Producers Midstream (via Lea Midstream, LLC) has brought online one of the most detailed, modern, and expansion-ready gas-processing facilities in the northern Delaware: The Dude Processing Plant. And thanks to the plant’s recently filed air permit application, we get a rare, granular look under the hood at exactly how it’s engineered to handle the basin’s next wave of development.
After reviewing Q3-2025 earnings calls and year-to-date drilling performance across the Delaware Basin, one theme stands out: The Delaware Basin is drilling faster, deeper, and smarter than at any time in its history. Cycle times are falling, lateral lengths are growing, automation is becoming standard, and the top operators are separating from the pack in terms of efficiency, well costs, and multi-bench execution.
Suncor Energy has taken another important step in optimizing its flagship in-situ operations at Firebag, receiving approval from the Alberta Energy Regulator (AER) for a new facility licence tied to the construction of a strategic central hub on Pad 138. The permit (Application #1959561) outlines a modern, fully electrified bitumen satellite designed to enhance fluid handling, improve operational flexibility, and support long-term production performance across the Firebag asset. IAR_22140247_256
The Delaware Basin remains one of the highest-performing oil and gas regions in North America. Despite recurring narratives about “Permian exhaustion” or rising costs, leading operators are telling a very different story—one defined by strong well performance, falling costs, and expanding high-return inventory.
According to the latest U.S. Energy Information Administration (EIA) Short-Term Energy Outlook and the International Energy Agency (IEA) World Energy Outlook, the United States is now entering a historic growth cycle in electricity demand, driven by data centers, electrification, reshoring of manufacturing, and AI.
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n a midstream market where most asset swaps blur into balance-sheet reshuffles, DT Midstream’s (DTM) acquisition of the Guardian Pipeline from ONEOK (OKE) stands out as a masterclass in value creation. What ONEOK sold as a “non-core” asset, DT Midstream has turned into one of the most profitable gas-transport expansions in the Midwest.
Chevron Corporation (NYSE: CVX) just signaled a major shift in how Big Oil plans to power America’s next growth wave — artificial intelligence. During its 2025 Investor Day, Chevron announced plans to build its first large-scale natural-gas-fired power project dedicated to an AI data center in West Texas, targeting first power in 2027.
