Exploration & Production

E&P Highlights: May 12, 2025

Here’s a roundup of the latest E&P headlines, including an alliance for cross-compression services and a boost in 4D seismic acquisition activity in Northern Europe.

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Legislation

Belcher: Bright Future Ahead in Powering US Data Centers

Steps are being taken at the federal level to ensure sufficient power generation to fulfill the energy demands of data centers in the U.S.

Acquisitions & Divestitures

NRG Stock Soars on $12B NatGas Power Plant Fleet Acquisition

The $12 billion deal positions NRG to capitalize on a power-hungry future driven by data centers and grid strain.

Crude Oil

What's Affecting Oil Prices This Week? (May 12, 2025)

U.S. officials said on May 11 that a deal had been made to reduce the U.S. trade deficit with China. While all the details may not be established, oil prices will get another boost from this “deal”.

Natural Gas

Enbridge Keeps the Focus on NatGas Amid Market Uncertainty

Enbridge CEO Greg Ebel said the company remains committed to growing its natural gas network.

Shale Plays

Bakken Beast: Chord Plans Seven More 4-Mile Bakken Wells in ‘25

Chord Energy has drilled three 4-mile laterals in the middle Bakken and is closely tracking results from the first now online. Seven more are planned for the rest of this year.

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Oil and Gas Investor Magazine

Dean, Dean and More Dean: Dawson Wells Reach 15 MMbbl Milestone

The sheet of tight Dean sandstone, up to 300 ft thick, that sits between Spraberry and Wolfcamp in the Midland Basin has already made more than 15 MMbbl since 2020 from just 43 wells in Dawson County alone. Here’s a look.