Bedrock Production Acquires Winston E1 Facility from EnerVest Operating

Bedrock Production LLC has officially assumed operational control of the Winston E1 Site in Parker County, Texas, following a permit transfer from EnerVest Operating LLC. The Texas Commission on Environmental Quality (TCEQ) finalized this change of ownership on May 22, 2025, under Permit #137696, marking a significant step in Bedrock’s strategic expansion within the Barnett Shale region.

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SM Energy Slows the Drill Bit in 2025: What the Data Tells Us About Permian Rig Reductions

In a strategic move aligned with shifting commodity price dynamics, SM Energy is proactively reducing its rig count in the Permian Basin through 2025. The company started the year with 9 active rigs, scaled back to 7 rigs by the end of Q1, and plans to operate just 6 rigs for the remainder of the year. This reduction isn’t reactionary—it’s part of a deliberate capital allocation strategy designed to protect margins and preserve flexibility in a potentially volatile oil market.

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Hugh Brinson Pipeline Project Advances with Compressor Station Permits Approved by TCEQ

he Hugh Brinson Pipeline, a major natural gas infrastructure project led by Energy Transfer LP, continues to move forward as key regulatory approvals are secured. The Texas Commission on Environmental Quality (TCEQ) has issued Permit by Rule (PBR) registrations for two compressor stations that will support natural gas flow across the pipeline’s 442-mile route through Texas.

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Haynesville Shale YoY Surge: Well Permits Up 11% in Early 2025—Operators Stay Bullish

The Haynesville Shale’s strategic location near Gulf Coast LNG facilities and its high-quality gas make it a prime candidate for continued development. However, operators remain vigilant, balancing expansion plans with market realities. As global demand for natural gas grows, the Haynesville is poised to play a significant role in meeting energy needs.

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Wells Drilled in Texas by Quarter Since 2017: A Window Into the U.S. Shale Factory Model

The factory model isn’t just a tactic—it’s a transformation. The Texas drilling chart reflects more than numbers. It shows that U.S. shale’s greatest strength is its ability to sustain output predictably and efficiently. This matters not only for domestic energy stability, but also for global trade, emissions reduction, and long-cycle investment.

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ConocoPhillips Transfers 33 Air Permits to U.S. Energy in Reeves County (BARSTOW & PECOS Focus)

The Permian Basin continues to reshape its operator landscape. In a notable development, ConocoPhillips has transferred 33 air permits to U.S. Energy Development Corporation (USEDC), marking a strategic pivot for both companies. The permits—filed under the Texas Commission on Environmental Quality (TCEQ)—cover key batteries and wellsites concentrated in Reeves County, including operations near Barstow and Pecos.

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Permian Basin Well Permits Decline — AI Forecast Confirms Downward Trend

The Permian Basin, the beating heart of U.S. shale oil production, is experiencing a notable contraction in drilling activity this spring. Based on a combination of historical data and AI-driven time series forecasting, well permit volumes from March through May 2025 are expected to total approximately 1,790 permits — a sharp decline from the 2,304 permits issued during the same period in 2024.

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