News
July 23, 2026
Evolution Well Services has secured a two-year contract extension to continue providing electric hydraulic fracturing services to an independent U.S. shale operator, reinforcing demand for electric-powered completion technologies and long-term development partnerships.
News
July 22, 2026
Australia's Northern Territory has approved land for a proposed $28 billion AI data center development that would be powered by natural gas from the Beetaloo basin, highlighting growing demand for gas-fired generation to support hyperscale computing and AI infrastructure.
News
July 22, 2026
Capstone Energy+ will supply a C600S microturbine to Maurel & Prom's onshore asset in Gabon, converting recovered associated gas into on-site power under a 36-month Energy-as-a-Service lease while supporting flare gas reduction and remote oilfield operations.
News
July 20, 2026
Tamboran Resources has completed the largest hydraulic fracturing campaign in Beetaloo basin history, setting new operational records while keeping its first gas project in Australia's Northern Territory on track for third-quarter 2026.
News
July 16, 2026
Halliburton has secured multi-year contracts from Aramco covering approximately 285 onshore wells in Saudi Arabia, expanding its integrated drilling, completions and workover services in the Kingdom.
News
July 15, 2026
Halliburton has won a long-term contract to support Aramco's Jafurah unconventional gas development, where it will deploy Saudi Arabia's first fully integrated intelligent hydraulic fracturing platform beginning in the third quarter of 2026.
Article
July
Companies are moving away from diesel power to reduce emissions and capture efficiencies, but even greater gains can be achieved with the right matchup of power sources and pumps.
News
July 08, 2026
Chevron has signed a technology licensing agreement with ZL Chemicals to commercialize its Vantis™ advanced surfactant technology, designed to improve oil recovery and well performance in shale and tight reservoirs.
News
July 07, 2026
Marubeni Corporation has acquired Barnett shale operator EagleRidge Energy, expanding its North American natural gas portfolio with a producer operating more than 3,500 wells and producing approximately 300 MMcfe/d in North Texas.
News
July 03, 2026
Natural gas is expected to surpass petroleum as the largest source of U.S. energy consumption by 2030, driven by shale production, LNG growth, gas-fired power generation and rising electricity demand from AI data centers and electrification.
News
June 29, 2026
Kolibri Global Energy is expanding its Oklahoma drilling strategy beyond the Lower Caney, adding a False Caney test well as it evaluates multiple new reservoir benches that could significantly increase future drilling inventory and reserves.
News
June 29, 2026
Eni and XRG will each acquire a 32% stake in three Vaca Muerta blocks, joining YPF in advancing the integrated Argentina LNG project and its planned 12-MMtpa floating LNG export development.
News
June 26, 2026
Magnolia Oil & Gas has emerged as the leading bidder to acquire WildFire Energy in a deal valued at more than $4 billion, according to Bloomberg. If completed, the deal would significantly expand its Eagle Ford footprint and mark the company's largest acquisition to date.
News
June 24, 2026
U.S. Steel is investing $475 million in a new heat-treatment line at its Fairfield Tubular Operations, expanding OCTG production capacity to support growing demand from major U.S. oil and gas basins, including the Permian, Eagle Ford and Haynesville.
News
June 23, 2026
ADNOC is applying lessons learned from two decades of U.S. shale development to advance its Diyab unconventional gas play from appraisal into early development, company executives said during URTeC 2026.
News
June 22, 2026
URTeC 2026 kicked off Monday in Houston, Texas with an opening plenary on shale’s future in light of rising global energy demand. Slow-to-resolve conflict in the Middle Eastern region has only highlighted the need for reliable energy supply recently, and shale remains a key means to get it.
News
June 22, 2026
Seneca Resources has signed a three-year agreement with Evolution Well Services to deploy electric fracturing technology across its Appalachian operations, highlighting the growing use of field gas-powered e-frac fleets to improve efficiency, lower costs and reduce emissions.
News
June 10, 2026
Chevron, YPF and Pluspetrol are expected to commit volumes to a $3 billion natural gas liquids project in Argentina's Vaca Muerta shale basin, a move that could pave the way for final investment approval and help ease infrastructure constraints on future production growth.
News
June 09, 2026
Pampa Energía has selected Halliburton to support a multi-year digital transformation program across its Vaca Muerta operations, deploying reservoir modeling, logistics optimization and AI-enabled workflows as the company targets production growth by 2027.
News
June 03, 2026
Transportadora de Gas del Sur is pursuing a roughly $1 billion financing package to support its $3 billion Vaca Muerta NGL project, a major infrastructure development designed to expand processing, transportation and export capacity for Argentina's growing shale sector.
News
May 30, 2026
Tamboran Resources has completed its acquisition of Falcon Oil & Gas subsidiaries following court approval, consolidating its position in Australia's Beetaloo basin as development activity continues in one of the country's largest unconventional gas plays.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.