U.S. Onshore
News
July 02, 2025
U.S. shale executives expect to drill significantly fewer wells this year than planned at the start of 2025, as lower oil prices and uncertainty around President Donald Trump’s tariffs hurt profits, according to a Federal Reserve Bank of Dallas survey.
News
July 01, 2025
The U.S. Senate on Tuesday voted to narrowly approve President Trump's $3.3 trillion tax and spending package dubbed the 'One Big Beautiful Bill.' U.S. energy associations including the API, IPAA, NOIA and EWTC issued separate statements acknowledging the Senate's decision as a victory for the U.S. oil and gas industry.
News
June 26, 2025
U.S. shale companies are expected to prioritize hedging strategies over ramping up drilling activity, despite former President Trump’s call to increase output following U.S. strikes on Iranian nuclear sites. Analysts say sustained price increases — not short-term volatility — are needed to spur new investment.
News
June 25, 2025
Texas Railroad Commissioner Wayne Christian announced the launch of the Delivering Oil and Gas Efficiently (DOGE) Task Force today, a new internal initiative focused on improving processes, enhancing communication, and strengthening the Railroad Commission of Texas as a responsive, pro-business agency.
News
June 25, 2025
Woodside Energy has completed its sell-down of a 40% interest in Louisiana LNG to global investment firm Stonepeak. Under the transaction, Stonepeak will provide $5.7 billion towards the capital expenditure for the development of Louisiana LNG.
News
June 24, 2025
Diversified Energy and global investment firm Carlyle have announced a strategic partnership to invest in up to $2 billion in existing proved developed producing (PDP) natural gas and oil assets across the U.S.
News
June 20, 2025
According to TIPRO’s analysis, direct Texas upstream employment for May totaled 208,200, an increase of 2,200 industry positions from April employment numbers, subject to revisions. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.
News
June 17, 2025
Workrise has announced an exclusive licensing agreement to bring Shell’s U-lateral drilling technology to operators across the U.S. The U-lateral technique allows operators to reduce drilling costs and save time while increasing production capacity.
News
June 13, 2025
Leaders from both the American Petroleum Institute (API) and American Fuel & Petrochemical Manufacturers (AFPM) jointly issued statements on Friday as U.S. President Trump signed into law a series of bills overturning California's electric vehicle mandates.
News
June 12, 2025
Chevron and Halliburton have jointly developed an intelligent fracturing process that combines automated stage execution with subsurface feedback to optimize delivery of energy into the wellbore without relying on human intervention.
News
June 11, 2025
During a June 10 special session at the Unconventional Resources Technology Conference (URTeC) in Houston, panelists discussed the latest advancements in Generative AI and machine learning for unconventionals.
News
June 09, 2025
TGS has announced a strategic partnership with Oseberg, a premier provider of lease and regulatory data for the energy sector. This collaboration brings Oseberg lease data attributes into TGS’ Well Data Analytics (WDA) platform for enhanced analysis.
News
June 06, 2025
American Petroleum Institute (API) President and CEO Mike Sommers issued a statement following the National Highway Traffic Safety Administration's final rule declaring the Biden-era Corporate Average Fuel Economy (CAFE) standards exceeded the department's authority.
News
June 06, 2025
“This transaction, combined with the sale of our East Finn assets in 2023, completes our exit from the United States, allowing us to focus on our core gas-weighted assets in Canada and Europe,” Vermilion said in a statement.
News
June 03, 2025
Viper Energy Inc., the mineral and royalty unit of Diamondback Energy Inc., agreed to buy Sitio Royalties Corp. for about $4.1 billion, including debt, in the latest deal focused on the Permian basin.
News
June 02, 2025
The U.S. Department of Energy is canceling some $3.7 billion allocated for clean energy projects under the Trump administration's orders. Among the canceled awards was $331 million for ExxonMobil to use hydrogen at its Baytown, Texas Olefins plant.
News
May 30, 2025
EOG Resources today announced a definitive agreement to acquire Encino Acquisition Partners (EAP) for $5.6 billion. The deal positions EOG as a leading E&P within the Utica shale play, adding 675,000 net acres for a combined 1,100,000 acres, and representing more than two billion boe of undeveloped resource.
News
May 29, 2025
Zephyr Energy has announced initial post-well evaluation results at its flagship project in Utah's Paradox basin. “The Cane Creek reservoir is highly productive and potentially ranks alongside some of the most productive oil and gas plays in the U.S," said CEO Colin Harrington.
News
May 29, 2025
Chevron plans to lay off approximately 200 employees in the Permian basin, the company announced in a filing with the Texas Workforce Commission. The TWC had mistakenly reported the number as 800 due to a data entry error, and it has since been corrected.
News
May 22, 2025
Texas regulators are warning that wastewater from fracing in the biggest U.S. oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude output and harming the environment.
