Prairie’s D-J Bayswater Needs Nearly 70% More Boe/d to Hit Guidance
Denver-Julesburg (D-J) Basin-focused Prairie Operating needs to increase its production by 69% in the second half to meet…
EOG Chief: Sub-$70 Oil Unmasking E&P ‘Haves and Have Nots’
Sub-$70 oil is further differentiating the E&P “haves and have nots”—the latter consisting of those that haven’t made…
Tourmaline Signs LNG Supply Deal to Export Canadian Gas to Europe
Tourmaline Oil signed a long-term LNG supply contract with German firm Uniper, linking its Canadian gas with European…
Oxy’s 150,000-Acre ‘Blank Slate’ Potential in Powder River’s Core
The Permian Basin is the foundation of Occidental Petroleum’s operations, but the Rockies provide it with diversification and…
Peak Oil? Maybe at $70, Not at $100
It’s being said—again—that the U.S. will soon reach “peak oil” output. It was said in 1956 about post-1970…
Canada Deep Dive: Spartan Sees 1,220 boe/d Duvernay IPs
Canada’s Spartan Delta Corp. is growing oil and gas production from its large position in Alberta while keeping…
Uinta Crude Transport Project Wins Fed Approval in Just 16 Days
A crude oil loading facility serving the Uinta Basin received government approval for a massive expansion project just…
The US Shale Rig Count is Not Falling, Data Show
While popular news reports are of weekly 2025 declines in the U.S. Lower 48 rig count, a Hart…
Widening Bid-Ask Spread Slows US Oil M&A
After a massive surge in consolidation over the past two years, the U.S. oil M&A market is hitting…
US Oil M&A Slows as Valuation Gap Widens Across Sector
After a massive surge in consolidation over the past two years, the U.S. oil M&A market is hitting…
EOG COO: US Shale Peak Near as E&Ps Confront Declines
A top EOG Resources executive agrees U.S. shale oil production has likely peaked and is now in decline.…
Right Risk, High Return: Aethon Jumps on Elevated NatGas Prices
Private producers account for roughly 40% of U.S. oil and gas supply, and many are focused on continuing…