TG Natural Resources Expands Haynesville Development in Panola County with Multi-Well Tuck Pad Project

Author: phinds Category: Factory

TG Natural Resources continues expanding its Haynesville Shale footprint in Panola County, Texas, through the coordinated PAD 96 FWS F14J TUCK 1HH–3HH multi-well development in the CARTHAGE (HAYNESVILLE SHALE) Primary Field. The project moved rapidly from well licensing in November 2025 to drilling activity beginning in January 2026 and centralized facility permitting completed in May 2026, highlighting a highly standardized shale manufacturing and co-development strategy tied to long-term Gulf Coast LNG demand.

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Continental Resources Advances PECAN STATE Development in Pecos County

Author: phinds Category: Factory

Continental Resources appears to be advancing the PECAN STATE project into a coordinated full-section Wolfcamp development within the PHANTOM (WOLFCAMP) Primary Field in Pecos County, Texas. The combination of multi-well pad planning, highly standardized horizontal well designs, and the recently approved PECAN STATE 1513 CTB air permit suggests the project may be transitioning from permitting into active surface development and pre-spud operational readiness.

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VTX Energy Partners Expands Delaware Basin Development with Multi-Pad Horizontal Program in Reeves County

Author: phinds Category: Factory

The recent permit activity reinforces VTX Energy Partners’ strategy of disciplined, high-density Delaware Basin development. With concentrated acreage positions, multi-pad drilling programs, and standardized horizontal designs, the company appears focused on scalable manufacturing-style shale operations that emphasize operational efficiency and long-term inventory capture in one of North America’s premier oil-producing regions.

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New Oil & Gas Operators Return to Drilling Activity Across the U.S.

Author: phinds Category: New Operators

Several smaller private oil & gas operators across Texas, Oklahoma, Wyoming, Alabama, and Montana received new well permit approvals last week — marking their first permit activity since 2017 or their first-ever approval. The trend highlights renewed drilling interest among conventional and emerging operators, particularly in the Haynesville, Permian, Powder River, and Mid-Continent regions, as higher commodity prices and improved drilling economics continue to bring mature acreage positions back into development.

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Department of the Interior Oil & Gas Lease Sale Generates Over $4 Billion in New Mexico and Texas

Author: phinds Category: Oil & Gas News

New Mexico wells drilled YTD activity totaled 747 wells, with drilling heavily concentrated in Lea and Eddy counties across the Delaware Basin, led by operators including Devon Energy, Mewbourne Oil, EOG Resources, XTO, and Permian Resources. The strong drilling environment coincides with the recent U.S. Department of the Interior oil and gas lease sale in New Mexico and Texas, which generated over $4.0 billion in total receipts from 74 parcels covering 33,530 acres, signaling continued industry confidence and investment in federal acreage development.

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Matador Resources Expands Delaware Basin Position with $1.14 Billion Acquisition

Author: phinds Category: Oil & Gas News

Matador Resources drilled 48 wells year-to-date across Lea and Eddy counties in New Mexico while simultaneously expanding its Delaware Basin position through a $1.14 billion acquisition of 5,154 net undeveloped acres during the record-setting BLM lease sale. The acquisition adds at least 141 new operated drilling locations and is expected to strengthen San Mateo midstream volumes and revenue streams as Matador continues growing its footprint in one of North America’s most active oil and gas regions.

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Devon Energy Doubles Down on the Delaware Basin with $2.6 Billion Federal Acreage Acquisition

Author: phinds Category: Oil & Gas News

Devon Energy’s $2.6 billion acquisition of 16,300 net undeveloped acres in the core Delaware Basin strengthens its long-term drilling inventory and further solidifies its position as a leading Permian Basin operator following its recent merger with Coterra. Devon has already drilled 147 wells in New Mexico year-to-date, with the majority of activity concentrated in Lea County, where H&P remains the dominant drilling contractor and Red Hills ranks as the top producing field by well count.

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LNG Market Outlook: Qatar Outage Delays Oversupply but Global Glut Risks Remain

Author: phinds Category: Oil & Gas News

The global liquefied natural gas (LNG) market is entering a period of heightened ucertainty as rising demand collides with geopolitical disruptions, supply constraints, and an unprecedented wave of new export capacity. While analysts had widely expected the LNG market to move into oversupply by 2026, recent events in the Middle East — particularly the damage to Qatar’s LNG infrastructure — have dramatically altered near-term market dynamics.

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How BKV Is Building a Closed-Loop Energy Model in Texas Across Natural Gas, Power and Carbon Capture

Author: phinds Category: Oil & Gas News

BKV is building an integrated energy platform that combines natural gas production, midstream infrastructure, carbon capture and power generation into a single closed-loop business model. By connecting assets like the Temple power plants with CCS projects such as Barnett Zero, Lima Tango and Cotton Cove, BKV is positioning itself to supply lower-carbon, reliable energy for the next wave of Texas industrial and AI-driven power demand.

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