Valor

JUNE 9, 2025

rig count fell for the sixth straight week, dropping by 4 to 559, the lowest since November 2021, according to Baker Hughes. The total count is down 35 rigs, or 6%, from the same time last year, with the Permian Basin, Eagle Ford, and Texas all hitting their lowest levels since November 2021. Read more U.S. futures rose 4.9%

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Energy Energy Natural Gas Barrel 52

Oil Gas Leads

JULY 21, 2025

While oil rig counts continued to slip, steady activity in key basins like the Haynesville and a sharp uptick in states like Kansas signal a potential turning point for upstream operations heading into the second half of 2025. Here’s a structured summary and analysis of the latest U.S. bpd (2024) → 13.4M Bcf/d in 2025 from 103.2

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Rigzone

JULY 7, 2025

Petronas added that the partnerships build on the Commercial Collaboration Agreement it signed with the state government in 2021. This agreement is a blueprint for securing a reliable natural gas supply for the state’s domestic demand, Petronas said.

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Gas Oil Exploration and Production Basin 62

McKinsey

JULY 10, 2025

10 Based on the European Union’s 2021 emissions. billion available for allocation between 2021 and 2027, with about €630.0 The Connecting Europe Facility-Energy (CEF-E) has a budget of approximately €6 billion available between 2021 and 2027 to help the transition toward clean energy. Horizon Europe has made €95.5

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Oil Gas Leads

JUNE 9, 2025

According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Several major basins, including the Permian and Eagle Ford, recorded new lows. Oil rigs drove the decline with a loss of 9, while gas rigs rebounded with a gain of 5. Here is a summary of the U.S.

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Gas Oil Engineering Engineer 52

Permian Basin Oil and Gas Magazine

JUNE 17, 2025

and Permian Basin, according to June 13 report from Baker Hughes. Both counts are the lowest in 44 months since November 2021. lost a rig this week but still leads Permian Basin with 49. Permian Basin decline for seventh consecutive week appeared first on Permian Basin Oil and Gas Magazine. Eddy County, N.M.,

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Permian Basin Oil and Gas Magazine

JUNE 10, 2025

It’s the lowest rig count since November 2021. Also as of June 6, there were 275 rigs in Permian Basin (down 3 from 278 week ago, down 35 or 11.3 Eddy County (unchanged at 50 rigs) and Lea County (down 1 to 37) in New Mexico continue to lead Permian Basin. 28 for Permian Basin, May 9 for Texas, Jan. rig count from 587.

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Rigzone

JULY 14, 2025

via iStock McDermott said it has been awarded a “sizeable” offshore transportation and installation contract by Brazilian oil and gas firm BRAVA Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.

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Offshore Topsides Field Transportation 62

Oil Gas Leads

JULY 7, 2025

Geopolitical risks and regulatory overhangs (especially in key basins) are making capital allocation more conservative. The rig count is down 44% from its 2022 peak of 780 , reflecting both post-pandemic normalization and broader market hesitancy. Strategic Shift Toward Gas: Natural gas rigs are up 7 YoY , showing resilience.

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Oil Consulting Engineering Engineer 52

Oil Gas Leads

JULY 5, 2025

The Pennsylvania Oil Companies Directory is a compiled directory of oil & gas companies operating in PA that focus on the Appalachian basin Basin, one of the most prolific oil and gas-producing regions in the United States. Wells Drilled US Since 2021 – Total wells drilled in the US since 2021.

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Oil Gas Leads

JULY 14, 2025

The Permian Basin and Texas, two of the most active drilling regions, also reported notable year-over-year declines, reflecting broader trends across the shale patch. Rigs : 537 (↓ 2) – lowest since Oct 2021 Oil Rigs : 424 (↓ 1) – lowest since Sept 2021 Gas Rigs : 108 (unchanged) Misc. Rig Count Trends Total U.S.

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Rigzone

JULY 25, 2025

Joining Karoon in 2020, Julian was instrumental in developing and delivering Karoon’s 2021 Strategic Plan. “On behalf of the Board, I would like to sincerely thank Julian for all his hard work over the past five years.

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Rigzone

JULY 22, 2025

has adjusted the timeline for the development of the Rafael natural gas project in Western Australia’s Canning Basin but still aims for a startup late 2027. First drilled in 2021 and confirmed as a discovery the same year, Rafael has been assessed to hold contingent and unrisked gross recoverable volumes of 85-523 Bscf of gas and 1.8-10.6

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Gas Exploration and Appraisal Condensate Exploration and Production 62

Oil & Gas 360º

JUNE 13, 2025

production Tuesday, anticipating the first drop in output since 2021. the latest independent oil producer in the Permian basin, said last month. Much will depend on oil prices and whether producers will follow through on pledges to reduce investment, Wright said in an interview on Bloomberg Television. Chevron Corp. and Apache Corp.

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Oil Energy Energy Casing 130

Oil Gas Leads

JULY 5, 2025

The North Dakota Oil Companies Directory is a compiled directory of oil & gas companies operating in ND that focus on the Williston Basin, one of the most prolific oil and gas-producing regions in the United States. Wells Drilled US Since 2021 – Total wells drilled in the US since 2021.

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Oil & Gas 360º

JUNE 11, 2025

sees domestic crude production declining next year for the first time since 2021 in a blow to U.S. million, driven by a slowdown in the prolific Permian basin, the EIA said. (World Oil) – The U.S. President Donald Trump’s push for American energy dominance. Output is now expected to slip to 13.37

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Permian Basin Oil and Gas Magazine

JUNE 20, 2025

Wright was elected commissioner in November 2021 after an upset win over incumbent Ryan Sitton in the Republican primary. The post Wright succeeds Midland’s Craddick as chair of Railroad Commission appeared first on Permian Basin Oil and Gas Magazine.

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Basin Management Energy Energy 59

Permian Basin Oil and Gas Magazine

MAY 20, 2025

The count of active drilling rigs in Permian Basin declined again for the past week, according to Baker Hughes. Its Permians lowest count for 42 months since November 2021. The Texas count is also the lowest since November 2021, and the U.S. count is its lowest since December 2021.

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Permian Basin Oil and Gas Magazine

MARCH 28, 2025

Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. Key operators include ExxonMobil, Apache, Diamondback, Occidental, ConocoPhillips and Continental, who have spudded an average of 148 wells a year on the properties since 2021. Concord Oil and Mission Oil.

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Oil Gas Leads

APRIL 26, 2025

The Midland Basin Oil Companies Directory is a compiled directory of oil & gas companies operating in West Texas that focus on the Midland Basin, one of the most prolific oil and gas-producing regions in the United States. Permian Wells Drilled 2024 Number of wells drilled in the Midland Basin in 2024. last}@company.com).

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Oil Gas Leads

APRIL 26, 2025

The Delaware Oil Companies Directory is a compiled directory of oil & gas companies operating in the Texas & New Mexico that focus on the Delaware Basin, one of the most prolific oil and gas-producing regions in the United States. Permian Wells Drilled 2024 Number of wells drilled in the Delaware Basin in 2024.

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Basin Oil Rig Operator Completion 52

Permian Basin Oil and Gas Magazine

MAY 6, 2025

Counts of active drilling rigs in Texas and Permian Basin from Baker Hughes continue to fall. Both are now at their lowest count in 41 months since December 2021. The post Rig counts in Permian Basin, Texas continue to fall, lowest in 41 months appeared first on Permian Basin Oil and Gas Magazine.

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Rextag

JANUARY 16, 2025

Civitas Resources is reportedly considering the sale of its oil and gas assets in Colorados Denver-Julesburg (D-J) Basin and may reinvest the proceeds in acquiring additional assets in the Permian Basin, including the highly sought-after position held by Double Eagle IV, according to analysts and media reports.

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Basin Exploration and Production Operator Oil 52

Permian Basin Oil and Gas Magazine

MAY 27, 2025

Permian Basin is following trends in Texas, New Mexico and U.S. Baker Hughes said in its report of May 23 there were 279 rigs in Permian Basin down 3 from 282 in the past week and down 33 or 11 percent from 312 a year ago. Its Permians lowest count in more than three years since November 2021. Eagle Ford in south Texas is No.

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Drilling rig Basin Gas Oil 52

Oil Gas Leads

MARCH 8, 2025

Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. The companys Midstream business has nearly doubled in EBITDA since 2021 , thanks to organic projects and acquisitions like Pinnacle and EPIC. energy production.

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Basin Midstream Pipeline Operator 52

Permian Basin Oil and Gas Magazine

MAY 16, 2025

Greenlake II is led by president and CEO Matt Gallagher, who previously served as CEO of Parsley Energy until its sale to Pioneer Natural Resources in 2021. Management successfully drilled more than 60 horizontal wells in Delaware Basin, including completion of three U-shaped horizontal wells.

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Exploration and Production Basin Energy Energy 59

Oil & Gas 360º

MAY 13, 2025

The Program Area consists of counties located in theWilliston Basin, although both parties may consider opportunities in otherRocky Mountainbasins upon mutual consent. The Transaction contemplated by the Agreement positions Zephyr to capitalise on a robust pipeline of opportunities across theWilliston Basin.

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Energy Energy Basin Operator 130

Oil Gas Leads

APRIL 26, 2025

The Haynesville Shale Oil Companies Directory is a compiled directory of oil & gas companies operating in East Texas & Louisiana that focus on the Haynesville Shale Basin, one of the most prolific oil and gas-producing regions in the United States. Wells Drilled US Since 2021 Total wells drilled in the US since 2021.

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Oil Basin Rig Operator Completion 52

Permian Basin Oil and Gas Magazine

JUNE 3, 2025

Counts of active drilling rigs in Permian Basin and U.S. by Baker Hughes continue sinking to low counts last reported in November 2021. In the weekly report of May 30, there were 278 rigs in Permian Basin (down 1 from 279 one week earlier, down 32 from 310 a year earlier) and 563 in U.S. dips to 563; Eddy County, N.M.,

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Drilling rig Basin Gas Oil 52

Permian Basin Oil and Gas Magazine

APRIL 15, 2025

The counts of active oil and gas drilling rigs in Permian Basin, Texas, New Mexico and U.S. It was the sixth straight week of decline in Permian Basin, which reported 289 rigs (down 5 from 294 a week earlier, down 27 from 316 a year earlier). The Permian count is its lowest since December 2021. 590 last week, 617 year ago).

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Rigzone

JULY 14, 2025

A major basin variances subcategory included in Baker Hughes’ rig count showed that, week on week, the Cana Woodford basin dropped three rigs, the Ardmore Woodford basin cut one rig, and the Haynesville basin added one rig. “The rig count in the five major tight oil basins - we use the EIA [U.S.

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Basin American Petroleum Institute Oil API 75

Oil Gas Leads

APRIL 14, 2025

The Permian Basin is seeing output contraction and rig pullback despite being the top U.S. million bpd ( from 6.57 million bpd in March) Macro Commentary This marks the third consecutive weekly decline in rig activity, driven by oil price pressures and a strategic shift by operators toward shareholder returns over production growth.

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Permian Basin Oil and Gas Magazine

APRIL 1, 2025

trillion cubic feet in 2021. The post Texas produced record volumes of crude oil, natural gas in 2024 appeared first on Permian Basin Oil and Gas Magazine. Texas also produced record volumes of natural gas in 2024 with 12.62 trillion cubic feet. That tops the previous records for natural gas production of 12.30

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Natural Gas Crude Oil Gas Oil 52

Oil Gas Leads

APRIL 26, 2025

The Oklahoma Oil Companies Directory is a compiled directory of oil & gas companies operating in Oklahoma that focus on the Anadarko Basin, one of the most prolific oil and gas-producing regions in the United States. Wells Drilled US Since 2021 Total wells drilled in the US since 2021.

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Oil Rig Operator Basin Completion 52

Energy Central

SEPTEMBER 9, 2022

The United States has an abundance of natural gas, particularly in the Appalachian Basin. In fact, as the American Oil and Gas Reporter recently explained: “Today, Appalachia by itself is outproducing all but two of the nations on the list of the world’s top liquified natural gas exporters in 2021: the United States and Russia.

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Oil Gas Leads

MAY 21, 2025

Between 2021 and 2023, annual well counts stabilized in the 6,0008,000 range , with 2022 peaking at 8,327 wells. From a high of 9,053 wells drilled in 2018 to 6,000 wells in 202 4, Texas drilling activity has been anything but static. Yet what followed wasnt a return to boom-bust volatilityinstead, U.S. shale entered its manufacturing era.

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Permian Basin Oil and Gas Magazine

JUNE 2, 2025

The flurry of merger and acquisition (M&A) activity over the last two years has changed the minerals landscape in the Permian Basin, along with most producing basins in the United States. Regarding the bolt-ons and consolidation of acreage, Lee noted that Ovintiv recently divested its Uinta Basin assets in order to buy others.

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