When it comes to natural gas markets, spot prices and forecast prices are key—but distinctly different—metrics. Here’s how they compare and what the latest EIA data reveals.
Spot Price vs Forecast: Understanding Natural Gas Dynamics
Drilling Down: Rig Count Stabilizes, But Permian Weakness Deepens – Baker Hughes
U.S. drilling activity steadied this week after a three-week decline, signaling a pause in the sector’s recent slowdown. Baker Hughes reported the total rig count holding at 539.
CFOs Are Betting Big on AI – But Risks Remain
In just five years, Chief Financial Officers (CFOs) have gone from cautious observers of artificial intelligence to aggressive investors shaping its future in the enterprise.
Doubling Recovery: ExxonMobil’s AI & Tech-Driven Path to 2.3 Million boe/d
ExxonMobil’s Q2 2025 earnings call spotlighted a company doubling down on technology as the engine of future growth in the Permian Basin. By pairing record production with breakthrough innovations—such as lightweight proppants that boost recovery rates and extended laterals that stretch capital efficiency
Targa Resources Races Ahead in the Permian: Q2 2025 Record Volumes, New Permits, and Pipeline Expansions
The Permian Basin remains the engine of U.S. energy growth — and Targa Resources is making sure its midstream network keeps pace. In its Q2 2025 earnings call, Targa painted a picture of an operator running flat-out: record gas volumes, multiple plant projects ahead of schedule, and an aggressive buildout of gathering and takeaway infrastructure.
High-Frequency Sensing and Control: Transforming Drilling Operations in Oil & Gas in 2025
In today’s oil and gas industry, drilling efficiency, wellbore placement accuracy, and equipment longevity are critical drivers of profitability. One of the most significant technological shifts helping operators achieve these goals is the adoption of high-frequency sensing or control in drilling operations.
Devon Energy’s AI-Driven Drilling: Cutting Costs and Boosting Efficiency in 2025
In its Q2 2025 earnings call, Devon Energy showcased how artificial intelligence (AI) is no longer just a back-office tool — it’s embedded deep in the company’s drilling and completions strategy. The results are tangible: double-digit cost reductions, faster execution, and stronger well economics across key basins.
From Silicon Valley to the Oil Patch: How AI Could Reshape Energy Jobs
AI is already reshaping the tech job market and is poised to do the same in oil & gas. For Oxy and other forward-looking operators, the challenge will be to balance efficiency gains with workforce evolution, ensuring the industry remains both competitive and people-powered in the AI era.
Oxy’s Permian Drilling & Completions: Efficiency Gains Power 2025 Performance
Occidental Petroleum’s Q2 2025 earnings call showcased a company hitting its stride in Permian Basin drilling and completions. Even with softer oil prices, Oxy drove significant cost reductions, accelerated drilling cycles, and maintained production guidance—all while high-grading its portfolio and advancing AI-driven operational strategies.
ConocoPhillips Delivers Solid Q2 2025 Results as U.S. Drilling Accelerates Post-Marathon Oil Integration
ConocoPhillips (NYSE: COP) released its Q2 2025 results, highlighting strategic execution, strong cash generation, and accelerating drilling activity across its U.S. shale portfolio following the Marathon Oil acquisition.
