Grande Prairie has become Canada’s most important natural gas growth engine. What was once a frontier play is now a globally competitive Montney manufacturing hub, supplying LNG Canada, U.S. Gulf Coast exports, and North American power demand. See the top 10 Operator list.
Top-10 Operator Snapshot built directly from your wells-drilled file, using the dominant (most common) Board Field Centre, Terminating Zone, Substance, and Drilling Provider for each operator.
In Martin County’s Midland Basin, Block 35T3N has quietly become one of Ovintiv’s most disciplined manufacturing lines. By comparing two projects on the same block—the LADY BIRD Factory (2024) and the newly permitted FREETAIL F21M Factory (2025–26)—a clear pattern emerges: identical personas, nearly identical cadence, and a repeatable $60–75 million capital cell that Ovintiv is rolling forward pad by pad.
This week, BKV Carbon Project Operating, LLC received a key air permit for its Lima Tango CCS 1 project in McMullen County, Texas, clearing the way for full commercial operation of carbon capture and sequestration infrastructure tied to one of the state’s most prolific gas corridors.
n early January 2026, Targa Delaware LLC filed a Standard Permit air authorization for the YETI Gas Plant — formally kicking off regulatory approval for what will be one of the most important new gas processing facilities in the Permian Delaware Basin.
A quiet but highly telling transaction hit the Texas Commission on Environmental Quality (TCEQ) on January 6, 2026. Fifteen active oil and gas air permits in Washington County, Texas were officially transferred from INEOS USA Oil & Gas LLC to Redbud E & P, Inc. under New Source Review (NSR) Change-of-Ownership filings.
U.S. drilling activity continues to soften. The U.S. rig count fell by two this week to 544 active rigs in the Baker Hughes report dated January 11, 2026, remaining 40 rigs below last year’s level.
Devon Energy’s $79 million acquisition of federal oil and gas leases in New Mexico’s Eddy County marks a defining moment for the Permian Basin as the industry enters 2026. With bids reaching an unprecedented $218,751 per acre, the record-setting sale signals not only the enduring value of top-tier shale acreage, but also how recent changes in federal royalty policy are reshaping investment strategies across U.S. oil and gas. In one of North America’s most prolific producing counties, Devon’s move underscores a broader shift toward securing long-life, capital-efficient inventory in the core of the Permian Basin.
After a year of record Permian output, transformational M&A, and heavy investment in technology, ExxonMobil enters 2026 with a very different operating posture than most global oil companies. While many peers are managing decline, Exxon is building what amounts to a vertically integrated energy-manufacturing platform — one designed to compound recovery, cash flow, and optionality across oil, gas, chemicals, and low-carbon markets.
Ovintiv’s 2025 drilling program is not just about where rigs are running — it is about where the company is choosing to build long-term value versus where it is preparing to monetize assets. That distinction became very clear on Ovintiv’s Q3-2025 earnings call, where management outlined a portfolio reset centered on core growth engine: the Permian Basin — while preparing to exit the Anadarko Basin.
