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Permian methane emissions dropped 50% in two years, analysts say

Oil & Gas 360º

(World Oil) – The methane intensity of oil and gas production in the Permian basin—an area responsible for half of U.S. The latest data for the year 2024 show the methane emissions intensity of upstream oil and gas operations in the region to be 0.44% per barrel of oil equivalent—a 29% reduction from the previous year.

E&P
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U.S. Rig Activity Rebounds Amid Rising Natural Gas Prices – Baker Hughes

Oil Gas Leads

oil and gas drilling activity saw a notable rebound this past week, driven primarily by a surge in natural gas rigs. According to the latest Baker Hughes Rig Count, the total number of active rigs rose by seven—the largest weekly gain since December—reflecting growing optimism in the gas sector as prices climb.

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Valor | Energy Connection – Aug. 4, 2025

Valor

BP boosted by biggest oil discovery in 25 years Summary : On August 4, BP announced its biggest oil and gas discovery in 25 years offshore Brazil, its tenth find in 2025, causing its shares to rise 1.7% The find aligns with BP’s renewed focus on hydrocarbons and its plan to grow global upstream production to 2.3

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Commonwealth LNG Gets Final Export Permit

Rigzone

billion cubic feet (Bcf) a year or 1.21 Bcf per day, to both FTA and non-FTA countries. Commonwealth is permitted to export up to 9.5 MMtpa, equivalent to about 441.4 The DOE granted the FTA portion of the permit April 2020 for a 25-year term. The non-FTA permit lasts through December 2050.

BCF
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Natural Gas Safeguards Energy System Through Winter Storms 

American Gas Association

Natural gas has been pivotal to keeping millions of Americans safely and affordably warm throughout these winter storms. Typically, the colder it is, the more natural gas America requires. Natural gas has a few unique characteristics that make it so well suited to be the background of our energy system.

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🚀 Powering the North American LNG Boom with Smarter Pipeline Solutions. 🚀

OilPro

North Americas LNG export capacity is set to triple by 2028, reaching nearly 25 bcf/d, with major projects like Golden Pass and Plaquemines leading the way. And now Albertas proven natural gas reserves have been reassessed and increased nearly sixfold to 130 trillion cubic feet. Check our full benefits and uses by clicking here.

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Haynesville Shale YoY Surge: Well Permits Up 11% in Early 2025—Operators Stay Bullish

Oil Gas Leads

Aethon Energy : Aethon Energy’s leadership has indicated that natural gas prices need to exceed $5/MMBtu to justify significant new investments in the Haynesville region. As global demand for natural gas grows, the Haynesville is poised to play a significant role in meeting energy needs.