Tamboran highlights strong Beetaloo Basin shale well performance
Tamboran reports strong flow results from its SS-6H well in Australia’s Beetaloo basin, with normalized rates of 11.9 MMcf/d signaling […]
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Continental Resources to boost U.S. oil output as crude tops $100
Continental Resources plans to increase U.S. oil output as crude prices surge above $100 amid supply disruptions tied to the
United Airlines hikes checked bag fee by $10 as fuel prices continue to climb
United Airlines became the second U.S. carrier in a week to raise check bag fees as the industry grapples with
New bp CEO promises ‘clear direction’ as upstream reset looms
bp’s new CEO steps in under pressure to simplify operations, cut costs and refocus on upstream oil and gas assets
Constellation locks in $1.1 billion Brazil deepwater rig extensions with Petrobras
Constellation extends key offshore drilling contracts with Petrobras, adding $1.1 billion in backlog and securing long-term utilization for deepwater rigs
Transocean lands $1 billion in Brazil, Norway offshore rig contracts
Transocean adds $1 billion in backlog through Brazil deepwater drillship extensions and a Norway semisubmersible contract, while accelerating debt reduction.
Amazon weighs a deal to boost its satellite internet ambitions. Why it’s worthy pursuit
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
INEOS’ Ratcliffe backs UK carbon tax cuts, calls for more drilling
INEOS Chairman Jim Ratcliffe supports proposed UK carbon tax cuts, warning of industrial decline and calling for increased domestic oil
Iran and Oman drafting protocol to ‘monitor’ Hormuz Strait traffic: IRNA
The Strait of Hormuz, the vital artery for global oil transit, has been effectively closed since the U.S.-Israel war on
Halliburton acquires Sekal to expand drilling automation portfolio
Halliburton acquired Sekal, a drilling automation software company previously wholly owned by Sumitomo Corporation, combining Sekal’s DrillTronics automation platform with
Borr Drilling lines up work for four jackups across four continents
Borr Drilling signed new contract commitments for four of its premium jackup rigs. In West Africa, the Prospector 5 has
Constellation secures $1.1 billion in Petrobras contract extensions for three rigs
Constellation secured contract extensions with Petrobras totaling approximately $1.1 billion in additional backlog for three rigs operating offshore Brazil. The
Medco, Dialog, EnQuest sign Cendramas PSC offshore Malaysia
Medco Asia Pacific, Dialog Resources and EnQuest Petroleum signed a production sharing contract (PSC) for the Cendramas block in Peninsular
Transocean lands $1 billion in contracts for Norway semisub, Brazil drillships
Transocean secured a new contract in Norway and two extensions in Brazil totaling approximately $1 billion in incremental firm backlog.
Trump’s Iran timeline may not be short enough to avoid oil demand destruction
Oil prices surged by more than 60% in March as the U.S.-Iran war raged on.
Trump’s threat to hit Iran ‘extremely hard’ jolts Asian stocks, U.S. futures and oil first
Investor sentiment quickly soured as Trump’s speech went on, with Asian markets and U.S. bonds dipping.
EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
Various car selling platforms have reported a sharp increase in consumer interest for EVs since the Middle East crisis began.
Oil prices surge with Brent rising 5% as Trump vows to hit Iran ‘extremely hard’ within weeks
Oil rose in volatile trading as Trump in his address to the nation on Iran war said that he expected
Offshore, onshore panels bring encouraging views to Energy Workforce attendees
Offshore and onshore executives at the Energy Workforce conference point to a rebound in deepwater activity, steady U.S. drilling and
Halliburton acquires Norway’s Sekal to expand automated drilling capabilities
Halliburton acquires Sekal to expand automated drilling and digital well construction capabilities, aiming to cut costs, improve recovery and accelerate