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CNX Resources Q2 2025: A Masterclass in Operational Efficiency

Oil Gas Leads

billion since launching its seven-year plan in 2020. Since its 2020 peak share count, CNX has retired 89 million shares—about 40% of its float—at a remarkably efficient average price of $18.01. Sustained Free Cash Flow and Shareholder Returns In Q2, CNX delivered $188 million in FCF, bringing its cumulative total to approximately $2.5

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24 Fewer Rigs in West Texas: A 2025 Slowdown in the Permian

Oil Gas Leads

shale oil production, is experiencing a significant pullback in drilling activity. According to our analysis, 24 drilling rigs that were active in the Midland region during 2024 have not returned to drill in 2025 — a clear signal that the slowdown is real and gaining momentum. West Texas, the heart of U.S.

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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The well was drilled to delineate the discovery confirmed in well 6507/5-10 S (Slagugle) and to perform a formation test to gain a deeper understanding of the reservoir properties and connectivity within the hydrocarbon-bearing layers. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling.

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Fifth Circuit Identifies Potential Conflict with Supreme Court on Jones Act Seaman Test

The Energy Law

3d 550, a three-judge panel of the United States Fifth Circuit Court of Appeal held on August 14, 2020, that seaman status under the Jones Act may apply to an injured welder on a jack-up oil rig adjacent to an inland pier. Smart Fabricators of Texas (“SmartFab”) fabricates steel and repairs oil and gas drilling equipment.

Casing 40
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Fifth Circuit Identifies Potential Conflict with Supreme Court on Jones Act Seaman Test

The Energy Law

3d 550, a three-judge panel of the United States Fifth Circuit Court of Appeal held on August 14, 2020, that seaman status under the Jones Act may apply to an injured welder on a jack-up oil rig adjacent to an inland pier. Smart Fabricators of Texas (“SmartFab”) fabricates steel and repairs oil and gas drilling equipment.

Casing 40
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

This ranking, determined by compound annual growth rate in revenue between 2020 and 2023, highlights the success of Saturns blueprint for sustainable growth. The full list of awardees can be accessed here: Financial Times Americas Fastest Growing Companies.

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