The Latest

Jefferies: With Permian Locked Up, E&Ps Hunt for New L48 Runway

With the core of the Permian Basin largely locked up, “intrepid operators” are hunting for runway in more nascent Lower 48 basins and in less developed Permian benches.

More Oil, Gas Exploration Needed Now—WoodMac

New discoveries can reduce costs and emissions intensity while delivering value for resource holders and explorers, Wood Mackenzie analysts said.

What's Affecting Oil Prices This Week? (Nov. 25, 2024)

For the upcoming week, a key resistance level for the price of Brent crude is $76. If the price of Brent crude can break above this level, Stratas Advisors could see Brent crude moving toward $80.

Attitude Adjustment Incoming from DC, Energy Experts Say

The energy Industry can expect more cooperation from the federal government through personnel and policy adjustments.

From Days to Minutes: AI’s Potential to Transform Energy Sector

Despite concerns many might have, AI looks to be the next great tool for the energy industry, experts say.

ConocoPhillips: Longer Laterals Coming to Delaware Basin After Marathon Close

After closing a $17.1 billion acquisition of Marathon Oil, ConocoPhillips’ Delaware Basin leader sees opportunities to drill longer laterals and investigate secondary benches underground.

US Drillers Cut Oil, Gas Rigs for Second Week in a Row

The oil and gas rig count fell by one to 583 in the week to Nov. 22, the lowest since early September. Baker Hughes said that puts the total rig count down 39, or 6% below this time last year.

ConocoPhillips Completes $22.5B Acquisition of Marathon

ConocoPhillips CEO Ryan Lance said he expects synergies of more than $1 billion on a run rate basis over the next 12 months.

Exclusive: Why Family Offices Favor ‘Lower-Risk’ Oil, Gas Investments

Evan Smith, Stephens’ senior vice president for investment banking, describes growth in the company’s network of family offices, specifically those investing in the energy sector, in this Hart Energy Exclusive interview.

Oxy CEO Hollub Sees More Consolidation Coming in Permian, Globally

Occidental Petroleum CEO Vicki Hollub names emissions and water management as top challenges for Permian operators and an incentive for growth.