The U.S. oil and gas industry is undergoing a major transformation, driven by efficiency initiatives and strategic cost management. With record-breaking production levels in 2024, operators in the Permian Basin and beyond are implementing advanced drilling techniques, automation, and cost-cutting strategies to maintain profitability amid fluctuating market conditions.
The Permian Basin continues to be a cornerstone of Chevron’s upstream strategy, with the company reporting nearly 18% year-over-year production growth in Q4 2024.
Baker Hughes is redefining its role in the industry by positioning itself as an “industrial energy technology company,” rather than just an oilfield services (OFS) provider.
The Permian Basin, the heart of U.S. shale, is set for a strong year in 2025 as completion activity rebounds and demand for next-generation frac technology accelerates. While Liberty Energy (NYSE: LBRT) did not explicitly mention the Permian in its recent earnings release, its insights into market trends and completions activity have significant implications for the region.
The U.S. liquefied natural gas (LNG) sector is witnessing a major expansion, driven by Venture Global’s ambitious projects across Louisiana. As global energy demand surges and geopolitical shifts impact supply chains, Venture Global is positioning itself as a leading provider of LNG, ensuring energy security for key international markets.
The 67-mile pipeline from Panther Gas Plant to Waha Hub recently approved by the Texas Railroad Commission (RRC) is a major component of ET’s expansion strategy.
Warwick Investment Group has strengthened its position in the Eagle Ford Basin through a strategic acquisition, reinforcing its commitment to long-term growth in one of the most prolific oil-producing regions in the United States. The recent transfer of air permits from Recoil Resources Operating Inc. to Warwick Energy Group marks…
The Texas Commission on Environmental Quality (TCEQ) has officially processed permit transfers from Apache Corporation to Hilcorp Energy Company, providing further confirmation of APA Corporation’s (Nasdaq: APA) previously announced sale of non-core Permian Basin assets for $950 million.
Diversified Energy (OTCQX:DEC) has announced a significant step forward in its growth strategy by acquiring Maverick Natural Resources for $1.275 billion, including debt. This strategic move not only bolsters Diversified’s position in the U.S. energy market but also provides a gateway to the oil-and-gas-rich Permian Basin, particularly the Delaware Basin, known for its prolific production potential.
Texas, traditionally known as the heart of the U.S. oil and gas industry, is undergoing a remarkable energy transformation. In 2024, the Lone Star State emerged as a leader in clean energy megaprojects, with a significant number of large-scale installations across solar, wind, and emerging technologies like green hydrogen.
