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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

The top posted job titles for May included maintenance technicians (118), retail cashiers (77), and sales associates (70). Almost all of the production growth has come from the Permian Basin region. million bpd through the end of the year, and dip slightly below that amount in 2026, said EIA analysts.

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Mach Natural Resources Expands into Permian and San Juan with $1.3B in Transformative Acquisitions

Oil Gas Leads

Mach is entering the Permian Basin and San Juan Basin , complementing its existing Mid-Continent operations. Ward , CEO of Mach: “These acquisitions are transformative… we significantly enhance our scale and gain strategic multi-basin positioning, all while maintaining a resilient balance sheet.”

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Vaquero Midstream Expands Delaware Basin Footprint with New Pipeline Loop and Cryogenic Plant

Oil Gas Leads

Vaquero Midstream is ramping up its capabilities in the Southern Delaware Basin with two major infrastructure projects: a new 70-mile, 24-inch high-pressure pipeline loop and a 200 MMcf/d cryogenic processing plant near the Waha Hub.

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US Rig Count Steady at 592, Oil Up 1, Gas Down 1 – Baker Hughes

Oil Gas Leads

bcfd in 2026. crude production to hit record highs for the next two years before plateauing later in the decade. Natural Gas Outlook: The EIA forecasts a 73% increase in gas prices in 2025 , which could incentivize more drilling after a 14% price drop in 2024. gas production is projected to rise from 103.2 bcfd in 2024 to 105.2

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Devon Energy Q1 2025 Drilling Review: Rig Count, Efficiency, and Regional Shifts

Oil Gas Leads

per Boe Capital efficiency $100 million cut to 2025 full-year capital guidance Business optimization $1 billion in targeted annual pre-tax free cash flow gains by 2026 We are cutting 2025 full year capital by $100 million while maintaining our productive capacity our team has already secured the majority of our 2025 year-end target, added Gaspar.

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Taking Carbon Captive

Permian Basin Oil and Gas Magazine

A third issue for him is that, in basins like the Permian, CCUS projects inject into oil formations that are no longer viable for productionat least, not with todays technology and pricing. Sometime in Q3 they plan to ramp up the plants initial 250,000 tons, with the plant reaching full capacity in mid-2026.

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