Enverus estimates the Midland Basin’s Barnett-Woodford contains more than 6,400 drilling locations and 3 billion barrels of undeveloped recoverable oil, with estimated breakevens near $41 per
Disrupted shipping, infrastructure attacks and declining emergency inventories are complicating oil price assessments as the Iran conflict continues. According to the October 8 Seeking Alpha report, conflicting accounts of export movements through the Strait of Hormuz make available supply difficult to establish. U.S. officials describe normalized flows for permitted shipments,…
Crescent Energy has agreed to buy Devon’s Eagle Ford assets for $4.2 billion, adding approximately 90,000 net acres, 68,000 boe/day of production and more than 600 Tier 1 net drilling locations. OilGasLeads’ report records 99 Devon Eagle Ford wells since 2025—82 in DeWitt and 17 in Karnes—with three H&P rigs accounting for 98 records.
The report profiles 33 Kansas operators with 132 recorded wells drilled in 2026, grouped by campaign geography and ranked by Permit Status to prioritize sales outreach. It combines drilling and permitting signals with available company contact details to identify near-term development prospects and opportunities for production optimization, maintenance and field services.
Chevron will transfer its Hess Midstream stake and DJ Basin midstream assets in exchange for $200 million and revised contracts expected to halve its Bakken unit midstream costs, with closing targeted for year-end 2026. Hess Midstream will become an independent, multi-basin operator, while Chevron’s planned reduction from three Bakken rigs to two signals lower near-term drilling demand and greater emphasis on production efficiency.
H&P plans to add seven FlexRobotics systems for ExxonMobil over the next 12 months, bringing the total to nine. OGL’s dataset records 470 ExxonMobil/XTO wells involving 27 H&P rigs in 2026, with 89% of records concentrated in the Permian.
Centalion, formerly Gunvor, acquired Silver Hill Energy Partners’ Haynesville and Bossier natural gas assets in Texas and Louisiana, adding approximately 72,000 net acres, 300 MMcf/d of production and 300 gross operated development locations. The acquisition strengthens Centalion’s Gulf Coast natural gas position and could create opportunities for OFS suppliers in drilling, completions, compression, water management and production maintenance.
Ryan Lance’s outlook for an oil price floor near $70 per barrel could strengthen returns on ConocoPhillips’ low-cost inventory, supporting resilient drilling and selective completions growth in 2027 while operators balance investment with shareholder returns and debt reduction. For OFS companies, potential opportunities include drilling efficiency, pressure pumping, completion materials and Maintenance Plus services, with approved budgets and activity schedules determining when stronger economics translate into demand.
Energy Transfer’s proposed $2.625 billion acquisition of Vaquero Midstream adds 300 miles of pipelines and 675 million cubic feet per day of Delaware Basin processing capacity. The supplied 38-record Texas air-permit dataset identifies processing and compression facilities for targeted OFS outreach, with ownership and project status requiring verification.
Last week’s permit review highlights seven operators receiving their first permits of 2026 or entering a new state, county or play, with Phoenix offering the clearest production-growth opportunity and Lake Region Oil and Petro Holdings standing out for Maintenance Plus outreach. OFS companies can support a safe barrel of energy by pairing drilling and completion services with artificial lift optimization, automation, well integrity and preventive maintenance to improve production reliability and reduce operational risk.
