The Denver-Julesburg (DJ) Basin continues to stand out as one of the most consolidated and cost-effective oil and gas plays in the U.S.
DJ Basin Update: Low-Cost Production, Rising Gas Ratios, and Strategic Shifts Amid Regulatory Pressure
Comstock Resources Q1 2025: Leaner, Smarter, and Positioned for Growth in the Haynesville
Comstock Resources (NYSE: CRK) has released its Q1 2025 earnings, showcasing a confident return to growth, operational efficiency, and a focused expansion strategy in the Haynesville shale. With improving natural gas prices and a reinforced drilling program, the company is clearly positioning itself as a cost-efficient, technologically adept player in one of North America’s premier gas basins.
Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant
Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub. These expansions will double Vaquero’s gathering capacity to 800 MMcf/d and boost total processing to 600 MMcf/d, solidifying its position as a key midstream operator in one of the most active gas-producing regions in the U.S.
DT Midstream Q1 2025 Results: LNG Demand Powers Growth Strategy
DT Midstream (NYSE: DTM) reported strong Q1 2025 results, highlighting not only solid financial performance but also a clear long-term growth strategy anchored in the rising global demand for liquefied natural gas (LNG). With key infrastructure positioned in the Haynesville and Appalachian basins, DTM is leveraging its high-quality assets and strong contract profile to support future LNG-driven expansion.
BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness
One of the brightest spots for BP in Q1 2025 came from its exploration success in the Gulf of America, BP announced a major new discovery in the region, contributing to what it described as its “best quarter for exploration in a very long time.”
Tourmaline Strong Start for 2025: Western Canada Drilling Activity Surges in Q1
There was a 36.5% increase in drilling activity in Q1 2025 compared to Q1 2024. This strong start suggests greater operator confidence, likely supported by more stable commodity prices and an uptick in investment plans for the year.
Ryan Lance Conoco CEO: on Data Centers and Energy Demand
The rapid expansion of artificial intelligence, cloud computing, and digital infrastructure is fundamentally reshaping energy demand in the United States. Data centers — once a niche segment of electricity consumption — are now emerging as one of the largest drivers of new power needs nationwide.
U.S. Rig Count Rises for Second Consecutive Week – Baker Hughes
ccording to the latest Baker Hughes report, the total number of active oil and gas rigs rose by two to 587, although overall rig activity remains below last year’s levels.
ExxonMobil Hits 1,000 Wells in the Delaware Basin
ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin — just seven years after the first spud in 2017.
Navigating Headwinds: Lower Drilling Revenue, North American Outlook, and Tariff Pressures on SLB
In North America, SLB reported $1.72 billion in revenue for the first quarter of 2025, an 8% year-over-year increase driven by strong digital sales, subsea production system sales, and booming data center infrastructure demand. However, this growth masked weakness in traditional drilling markets.
