Chord Energy Doubles Down on Its “Maintenance-Plus” Strategy While Expanding Its Bakken Development Program

Chord Energy says its long-term maintenance-plus strategy focuses on maximizing free cash flow by optimizing existing production through workovers, AI, chemical treatments, and operational efficiencies while maintaining disciplined capital spending. Supporting this strategy, the company has filed 109 new well permits in 2026, primarily across the core Bakken counties of Williams, McKenzie, Mountrail, and Dunn, providing a strong inventory for future development alongside continued production optimization.

read more

Helmerich & Payne Sees North America Recovering: What the Data Says

Helmerich & Payne believes North American drilling has reached its low point, citing improving commodity prices, increasing rig demand, and growing adoption of its FlexRobotics technology as reasons for raising its outlook for the second half of 2026. The company’s drilling activity supports this optimism, with 1,875 wells drilled this year, led by strong development in the Permian Basin and major operators including Exxon (XTO), Devon Energy, EOG Resources, OXY USA, and Permian Resources.

read more

Select Water Solutions Signs Seven-Year Northern Delaware Water Agreement

Select Water Solutions signed a seven-year agreement backed by a 128-million-barrel minimum-volume commitment and the transfer of 14 saltwater disposal wells in Eddy and Lea counties, New Mexico. With those two counties accounting for 94.6% of New Mexico’s 1,882 well-permit records this year, the expansion positions Select to support growing produced-water recycling and disposal demand.

read more

Energy Transfer Sees Years of Haynesville Growth as Natural Gas Demand Accelerates

Energy Transfer expects Haynesville production to grow for years as LNG exports, power generation, data centers and industrial expansion increase natural gas demand, benefiting its extensive Louisiana pipeline network. Current-year data supports this outlook with 543 permit records, including 284 without an Activity Date that could represent a sizable inventory of future drilling opportunities.

read more

Crescent Energy Highlights Basin Expansion and Delineation Opportunities Across Its Portfolio

Crescent Energy is expanding its drilling inventory through delineation work across the Eagle Ford, Permian and Uinta basins, with the Austin Chalk already becoming a major development target. Its 69 well permits in 2026—led by 44 in the Eagle Ford—support continued basin activity, although 26 permits have no recorded activity date and should not yet be considered drilled wells.

read more

Diamondback Energy Accelerates Barnett Development as 2026 Permit Activity Builds

Diamondback Energy is accelerating Barnett development after expanding its acreage, reducing drilling costs toward $400 per foot, and increasing the play’s estimated value from several hundred million dollars to approximately $2 billion. Its 30 Barnett permits—including 21 without recorded activity dates—provide a visible pipeline for potential development growth in 2027.

read more

Ovintiv Raises Permian Production Outlook as 2026 Permits Build Drilling Inventory

Ovintiv raised its expected Permian oil and condensate production rate to 125,000 barrels per day after strong new-well and base-production performance, without increasing capital spending or drilling activity. Its 78 Midland Basin permits—including 44 without an Activity Date—provide a substantial drilling inventory concentrated in Martin, Upton, Andrews, Midland and Howard counties.

read more

U.S. Shale Emerges as a Core Growth Engine for BP

BPX Energy’s 87 permits issued in 2026 demonstrate that U.S. shale remains a core BP growth platform, led by 39 Eagle Ford permits and 20 permits each in the Delaware Basin and Haynesville Shale. With 63 permits yet to report an Activity Date, BPX maintains a substantial drilling inventory that could support future development and oilfield service demand.

read more

ExxonMobil’s 2026 Permian Strategy: Record Production Supported by a Deep XTO Permit Inventory

ExxonMobil’s Permian production surpassed a record 1.8 million barrels of oil equivalent per day, supported by longer laterals and technologies designed to increase recovery while reducing well and capital requirements. XTO’s 2026 data includes 559 Permian permits—409 in the Midland Basin and 150 in the Delaware Basin—demonstrating a substantial inventory for continued development.

read more