Pittsburgh, PA: The EQT-led (NYSE:EQT) Mountain Valley Pipeline (MVP) joint venture has filed an application with the Federal Energy Regulatory Commission (FERC) seeking approval for its next growth phase, known as the “MVP Boost Project.”
Aclara Resources (OTCPK: ARAAF) announced plans to build a $277 million heavy rare earths separation facility in Louisiana, marking the first facility of its kind in the United States. The plant will process feedstock from Aclara’s clay deposits in Brazil and Chile, producing dysprosium and terbium—key minerals used in EV and wind turbine magnets.
Precision Drilling solid execution in a softer market; debt target achieved early, upgrades stepped up, Canada winter poised for strong run.
Patterson-UTI Energy’s Q3 2025 results highlight resilience amid a softening U.S. completions market and cautious rig activity. While revenue eased slightly, the company maintained solid margins across drilling, completions, and product segments—thanks to strong execution, disciplined capital management, and steady demand for its high-efficiency, gas-powered frac fleets.
Diamondback Energy continues to advance its Reagan County footprint, with new activity pointing toward the next stage of development in Block H, one of the core zones acquired through the Double Eagle IV acquisition.
In a move that reconnects the company to its East Texas roots, Arcadia Energy Resources, LLC has acquired a portfolio of air permits from Grit Oil & Gas, LLC, marking another chapter in its nearly century-long legacy of petroleum development. The transfer, completed through the Texas Commission on Environmental Quality (TCEQ) on October 21, 2025, includes 38 air permits spanning multiple production units across Jasper County — one of the most historically prolific corners of Texas oil country.
The Texas Commission on Environmental Quality (TCEQ) has officially completed the air permit transfer of the Perry Ranch Gas Plant from Chevron USA Inc. to Scout Energy Management LLC, marking another milestone in Chevron’s broader divestiture of its Eagle Ford assets.
Enterprise Midland Basin Midstream LLC has received air permit approval for its Athena Gas Plant, a major step forward in the company’s continued buildout of natural gas processing capacity in the Midland Basin.
Matador Resources Company (NYSE: MTDR) capped off the third quarter of 2025 with record-breaking production, strong financial results, and another dividend increase—cementing its position as one of the most efficient and disciplined mid-cap operators in the Permian Basin.
While SLB’s Q3’25 results reflected the broader struggles of the oilfield services sector—driven by weaker crude prices and softer onshore activity—one area of the business is defying the trend: Data Center Solutions.
