Tracer-driven: Operators use tracers—tiny markers pumped into wells—to see where fluids actually go underground. Data-informed: Once that evidence is collected, it’s paired with production data and analytics to guide decisions about well design, spacing, and how future wells should be completed.
Crescent Energy (NYSE: CRGY) signed a definitive agreement to acquire Vital Energy (NYSE: VTLE) in an all-stock deal valued at ~$3.1B (incl. debt), creating a top-10 independent with a clear path toward an investment-grade profile.
The Texas Commission on Environmental Quality (TCEQ) recently approved eight new air permits for Coterra Energy, covering projects in Martin, Midland, and Upton counties.
U.S. midstream companies ONEOK, WhiteWater, MPLX LP, and Canada-based Enbridge Inc. have reached a final investment decision (FID) on a major new natural gas conduit: the Eiger Express Pipeline.
Kimmeridge Texas Gas, LLC received a Railroad Commission of Texas (RRC) permit to operate a 18.14-mile private gas pipeline in Live Oak County (Three Rivers area). The permit (No. 10712) was issued August 22, 2025, and is valid through April 30, 2026. All 18.14 miles are regulated under Texas rules.
Firebird Energy II LLC received RRC T-4 Permit #10711 (effective Aug 19, 2025; valid to Apr 30, 2026) to operate 12.81 miles of private gas pipeline in Midland and Upton Counties, all designated unregulated mileage under Texas jurisdictional criteria.
Baker Hughes released its latest rig count on Friday, showing a slight pullback in U.S. drilling activity. The total U.S. rig count slipped by one to 538, as oil rigs declined while gas rigs held steady.
Crescent Energy will acquire Vital Energy in a $3.1B all-stock deal, creating a top 10 independent E&P with scaled positions in the Permian, Eagle Ford, and Uinta basins, focused on free cash flow, $90–100M in synergies, and a pathway to investment-grade strength.
Houston-based WaterBridge Infrastructure has filed for a U.S. initial public offering (IPO), signaling growing momentum in the listings market as energy infrastructure attracts fresh investor interest.
Crescent Energy (CRGY) is reportedly in advanced talks to acquire Vital Energy (VTLE), a deal that could reshape its footprint in U.S. shale and add significant scale in the Permian Basin. According to Reuters, the transaction could be announced as early as next week, though details remain under wraps and negotiations could still fall apart.
