Energy’s next cycle isn’t being driven by barrels—it’s being powered by electricity, as surging demand from A.I., data centers, and electrification reshapes where capital, infrastructure, and opportunity are flowing.
ConocoPhillips’ 2025 U.S. 500 wells dilled in the US in 2025 tells a clear story: the company is no longer optimizing for headline growth, but for durable free cash flow, operational flexibility, and long-cycle oil supply security.
In the Permian Basin, Diamondback’s conversation has shifted. The next advantage isn’t about drilling faster or chasing the hottest single bench — it’s about how entire sections are developed. One phrase that keeps coming up in executive commentary is “co-developing, not just select benches.”
When EOG’s U.S. wells drilled in 2025 are reclassified by play, the distribution highlights how balanced the portfolio has become—particularly across oil-weighted and gas-levered assets. They have drilled 600+ wells in 2025 in multiple basin locations in the US, the Permian is 50% of the wells drilled.
According to recent analysis from Enverus Intelligence Research (EIR), the real risk to the LNG growth narrative isn’t steel in the ground. It’s confidence in long-term natural gas supply, particularly beyond the early 2030s.
AI and high-performance computing are being used to materially improve subsurface understanding, shorten decision cycles, and increase recoverable volumes, not merely to accelerate interpretation timelines .
Across surface execution, subsurface targeting, permitting behavior, and cadence consistency, Block 39T2S is a textbook manufacturing-style shale asset.
The restart of permitting after September 2024 isn’t a shift in strategy — it’s the next phase of a disciplined infill program, increasingly guided by AI-driven optimization.
The Coterra Energy FLYING EBONY project is a tightly executed, single-pad development in Culberson County that reflects a deliberate shift toward manufacturing-style gas drilling in the Permian Basin. From a single licensing event through continuous drilling and timely facility permitting, the project’s cadence highlights a focus on operational efficiency, repeatability, and disciplined capital deployment.
ecent air permit transfers in Crane County, Texas mark another step in the ongoing portfolio realignment underway in the Permian Basin. Two Texas NSR air permits associated with the McKnight Sandhills Unit (MSHU) – Satellite A Tank Battery were formally transferred from ConocoPhillips to Blackbeard Operating, LLC, confirming Blackbeard’s assumption of regulatory responsibility and operatorship in the Central Basin.
ONEOK Inc has cleared a key regulatory milestone for its Bighorn Gas Processing Plant in the Delaware Basin, with air permit approval now complete at the state level. The approval supports ONEOK’s recently announced final investment decision (FID) and advances the project from planning into execution.
