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THE WOODLANDS, Texas, — Newfield Exploration Company (NYSE: NFX) announced last week its second-quarter 2018 unaudited financial and operating results. Additional details can be...
Chesapeake Energy Corp posted a quarterly loss on Wednesday, hurt by a drop in natural gas prices and higher expenses, sending its...
Devon Energy Corp. (DVN) on Tuesday reported a second-quarter loss of $425 million, after reporting a profit in the same period a...
Oil Markets Oil prices fell on Friday, weighed down by a drop in the U.S. equities market, but Brent still marked a...
It was Chesapeake that discovered the Ohio Utica in 2011. At the time, the late Aubrey McClendon, CEO, famously said, “It would...
Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water...
Oil-field service contractors bore the brunt of the three-year oil price downturn starting back in 2014, accounting for the bulk of an...
Panhandle Oil and Gas Inc. will fork over $9 million to acquire mineral rights and producing oil and gas wells in North...
HOUSTON (Reuters) – The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in...
Operators are set to expand beyond core acreage in 2026, targeting appraisal zones to secure long-term inventory for power generation and LNG exports. Wood Mackenzie’s latest outlook identifies the Western Haynesville, southwest Eagle Ford, and deep Pennsylvania Utica as prime targets for increased wildcatting. While the Western Haynesville is projected to deliver significant volumes by 2035, the industry landscape is increasingly bifurcating into two commodities.
Oil-focused regions face headwinds, with total Lower 48 oil production expected to stall for the first time since the pandemic. Despite this, core Permian zones, including the Delaware and Midland Wolfcamps, are forecast to generate over 50% of U.S. onshore liquids next year. Efficiency gains remain a key driver, allowing operators like Diamondback Energy to maintain output despite a projected drop in the horizontal rig count to below 500.
Conversely, the M&A market is pivoting toward gas-weighted opportunities following a lackluster 2025. International players are expected to enter the fray, seeking physical hedges against LNG export volumes. As Permian-associated gas rises and dedicated gas plays accelerate, the market anticipates a firm floor under long-term pricing, driven by strategic capital chasing supply security.

by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
The history of the global oil and gas industry is inextricably linked to the...
Santa Fe, NM – New Mexico Attorney General Raúl Torrez filed a lawsuit on...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
The oil and gas sector enters 2026 navigating a more turbulent trade and policy...
By Irina Slav for Oilprice.com | The Permian Basin is the largest contributor to U.S....
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