The U.S. government is preparing to auction oil and gas drilling rights across nearly 80 million acres in the Gulf of Mexico (GoM) next month and approximately one million acres in Alaska’s Cook Inlet for leasing in 2026, according to the Bureau of Ocean Energy Management (BOEM).
That blunt assessment came from William Hickey, Co-CEO of Permian Resources Corporation (PR), during the company’s Q3 2025 earnings call. The comment wasn’t a complaint — it was context for one of the most innovative operational upgrades underway in the Delaware Basin: the transition from scattered well-site generators to centralized microgrids.
In 2025, a sweeping piece of U.S. tax legislation—nicknamed the “Big Beautiful Bill”—reshaped the capital outlook for America’s energy producers. Across quarterly earnings calls, executives from exploration, drilling, and midstream companies pointed to the bill’s provisions as a fiscal tailwind that’s helping offset inflation, tariffs, and geopolitical uncertainty.
From Jeff Miller to Olivier Le Peuch and Darren Woods, energy leaders are using AI, electrification, and engineering precision to transform hydrocarbons into a digital, low-carbon, and power-integrated energy ecosystem.
The United States is now producing more oil than any country in history — topping 13.4 million barrels a day.
Behind that headline is a powerful mix of geopolitics, market discipline, and technology that has redrawn global energy maps and turned the U.S. into the world’s most reliable supplier.
In October 2025, Chevron U.S.A. Inc. received approval for Texas Railroad Commission Pipeline Permit T-4 #09047, authorizing expansion of the 86-mile natural gas gathering pipeline across Howard, Martin, and Midland Counties.
The Texas Railroad Commission (RRC) has recorded a Pipeline Addition (PA) for the Bastrop Lateral on the Matterhorn Express Pipeline system. This filing updates the official T-4 permit for the system and signals continued fine-tuning of one of Texas’s most important west-to-east natural gas corridors.
The U.S. goods economy is flashing red lights, with trucking volumes plunging 17% year-over-year — a signal that industrial demand is weakening at a pace not seen since the 2008 financial crisis.
The Texas Commission on Environmental Quality (TCEQ) has approved a Permit by Rule (PBR) for the Goldsmith Landreth Deep Gas Reinjection Station, a new CO₂ injection and recycling hub under Rule 106.352 (Oil and Gas Production Facilities). The facility, registered to Occidental Permian Ltd., represents a strategic addition to Occidental’s Ector County enhanced oil recovery (EOR) operations.
Ovintiv Inc. (NYSE/TSX: OVV) has announced a major portfolio transformation, signing a definitive agreement to acquire NuVista Energy Ltd. (TSX: NVA) for approximately US $2.7 billion (C$3.8 billion) in a cash-and-stock transaction. The deal expands Ovintiv’s footprint in the oil-rich Alberta Montney, adding scale, infrastructure, and premium drilling inventory that directly complements its existing operations.
