U.S. Rig Count Slips One to 562; Gas Rigs Hit Lowest Level Since October as Oil Activity Climbs

U.S. oil and gas rig count slipped one rig to 562 for the week ending June 12 according to Baker Hughes data, as a two-rig decline in Gulf of Mexico outweighed gains in Anadarko ( 1), the Eagle Ford...

APA Expands Alaska Footprint with Savant Acquisition

'The acquisition of Savant secures control of strategic infrastructure adjacent to our eastern North Slope acreage, enhancing our ability to execute our planned drilling program efficiently'.

Devon Energy Reshapes Portfolio And Capital Returns After Coterra Merger

Devon Energy (NYSE:DVN) plans to divest its Marcellus asset, which is reportedly valued at about $8b. The move follows shareholder approval of Devon Energy's merger with Coterra Energy. Management...

US oil exports surge, draining domestic crude inventories toward rock bottom By Reuters

US oil exports surge, draining domestic crude inventories toward rock bottom

ECA LNG Phase 1 Achieves First LNG Production

/PRNewswire/ -- Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), today announced that the ECA LNG Phase 1 liquefaction project in Ensenada, Mexico,...

Matador Resources Secures Gas and NGL Agreements With Energy Transfer (MTDR)

Matador Resources Company (NYSE:MTDR) has entered into a series of agreements with affiliates of Energy Transfer LP aimed at enhancing the value of its natural gas and natural gas liquids production...

Delfin Approves $5 Billion Floating LNG Export Project Off Louisiana Coast

Backed by BlackRock’s GIP, MOL and Vitol, the Louisiana offshore project would become America’s first floating LNG export facility and the world’s largest FLNG development. Delfin Midstream has...

Pelican Pipeline Expands System in Louisiana

/PRNewswire/ -- WhiteWater today announced the expansion of its Pelican Pipeline footprint in Louisiana with the Pelican Thrasher Lateral, a greenfield...

Negative Permian Gas Price Persists, but Change is on the Horizon

The price of natural gas remains negative at Waha. But movement in the forward curve suggests that the market is looking to a brighter future in the second half of the year.

Devon Energy gets $8B offer for Marcellus shale assets - Reuters (DVN:NYSE) | Seeking Alpha

Devon Energy has received a ~$8B offer from Stone Ridge Asset ‌Management for its Marcellus shale assets in Pennsylvania that previously belonged to Coterra, Reuters reported.

Natural Gas Spending to Hit 10-Year High in 2026 as Oil Investment Falls, IEA Says - Energy News,...

(Reuters) - Global investment in natural gas projects is set to rise by more than 10% this year to $330 ​billion, its highest level in 10 years, while upstream oil ‌spending declines for a third...

Texas shale bet: Battalion Oil eyes up to eight wells in Monument Draw

Offset wells near the pad have produced 389 Mboe as Battalion Oil signs a Monument Draw JDA for up to 8 wells to prove 100 additional drilling locations.

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