The AI revolution isn’t just reshaping digital infrastructure — it’s overwhelming America’s electric grid. Data centres are emerging at an unprecedented pace, and each one demands a staggering amount of reliable, around-the-clock power. Utilities are struggling to keep up, and a critical bottleneck has formed: long waits for grid interconnection.
Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), has made a major move into the critical minerals space with the acquisition of 125,000 net acres in the Smackover Formation of Northeast Texas and Southwest Arkansas. The deal, involving TerraVolta Resources and East Texas Natural Resources (ETNR), positions Chevron as a key player in the growing U.S. domestic lithium supply chain.
U.S. drilling activity continued its downward trend this week, with the total rig count falling by one to 554, according to the latest Baker Hughes report. Oklahoma saw a notable drop, losing two rigs to end the week at 47—despite being up from 35 rigs one year ago.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations.
Occidental Petroleum is proving that efficiency, innovation, and sustainability are not mutually exclusive. Through disciplined capital deployment, bold M&A, and groundbreaking technology adoption, Oxy is setting a new benchmark in shale leadership.
Trilogy Operating, Inc. is actively targeting Glasscock County, Texas, a high-potential oil-producing region within the Midland Basin. The company’s recent permit filings and rig deployments confirm a strategic focus on this county.
Driven by the electrification of oil & gas operations, midstream expansion, and rising residential demand, the Permian is now among the largest contributors to U.S. power demand growth—and it’s just getting started.
Blackbeard is proving that the Central Basin Platform still holds significant potential. While deeper Permian zones grab headlines, Blackbeard is unlocking value from shallower benches using horizontal laterals and simul-fracs:
he Montney formation — long known for its stacked resource potential — is now becoming equally famous for technological innovation. At the forefront is PD 868, North America’s first land-based drilling rig equipped with modular robotics to automate pipe handling.
The Texas Commission on Environmental Quality (TCEQ) has officially approved a Permit by Rule (PBR) ownership transfer for the Maverick 1 TB facility in Howard County, Texas, under Project #394208. The permit change finalizes the transition of operational control from APA Corporation—which had previously acquired the asset through Callon Petroleum—to Spirit O&G Operating LLC.
