Touchstone’s WD-8 drilling campaign delivers first oil in Trinidad
Touchstone Exploration brought the FR-1835 and FR-1836 development wells onstream at its WD-8 block in Trinidad and Tobago, with combined […]
Industry Reports
Industry research, market reports, trend analysis, and intelligence relevant to Permian Basin and energy markets.
Battalion lines up eight-well Permian Basin cube development
Battalion Oil executed a joint development agreement (JDA) for an up to eight-well drilling program at its Monument Draw acreage
Tamboran completes acquisition of Falcon Oil & Gas
Tamboran Resources completed its acquisition of Falcon Oil & Gas, following final court approval from the Supreme Court of British
B27 Intelligence, Energy M&A, Industry Reports
Weatherford to acquire NCS Multistage, expanding completions portfolio
Weatherford has agreed to acquire NCS Multistage in a move that expands its well completions portfolio and strengthens its exposure
Oil jumps 2% as Israel expands Lebanon offensive, rattling ceasefire hopes
Oil prices surged on Monday after Israel instructed troops to push deeper into Lebanon amid renewed clashes with the Iran-backed
Alberta wildfires threaten oil sands production region
Several out-of-control wildfires are burning near Alberta’s oil sands region, placing roughly 500,000 bopd of production within 20 kilometers of
Ship traffic through Strait of Hormuz rises as U.S. aids transits
Ship traffic through the Strait of Hormuz is beginning to recover as U.S. military officials provide navigation guidance to commercial
Tamboran completes Falcon acquisition, expands Beetaloo basin position
Tamboran Resources has completed its acquisition of Falcon Oil & Gas subsidiaries following court approval, consolidating its position in Australia’s
Analysis: An end to the Iran war may be just the beginning of a new era of U.S. inequality
Stocks have boomed while consumers have paid the costs of high energy prices.
Eldorado Drilling to acquire Vantage Drilling in $258-million deal
Eldorado Drilling has agreed to acquire Vantage Drilling in a transaction valued at approximately $258 million, combining offshore drilling operations
New Brazil S-92 support hub targets offshore oil and gas operators
Heli-One has opened the first Sikorsky-authorized S-92 customer support center in Brazil, expanding maintenance and overhaul capabilities for offshore oil
Petrobras awards SBM Offshore contracts for two Brazil FPSOs
SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas
Norway presses EU to lift Arctic oil and gas drilling moratorium
Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased
S3 acquires 20,000-node STRYDE seismic system for onshore surveys
Smart Seismic Solutions (S3) has purchased a 20,000-node STRYDE seismic acquisition system, expanding its onshore survey capabilities following large-scale deployments
Oil prices fall after Trump says he will make final determination on Iran deal
Oil prices fell Friday after President Donald Trump said he is meeting in the White House Situation Room to make
Ship attacks continue in Strait of Hormuz despite peace talks, Chevron says
Chevron CEO Mike Wirth said multiple vessels transiting the Strait of Hormuz were attacked this week, highlighting persistent security risks
Vår Energi deploys SLB’s Delfi platform for NCS well and field development planning
SLB expanded a digital collaboration with Vår Energi to scale well planning and integrated field development planning across the operator’s
NG Energy’s Aruchara-5 well confirms gas across six zones at Maria Conchita
NG Energy drilled the Aruchara-5 development well at its Maria Conchita block in Colombia to a total depth of 2,773
Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks
Global oil prices have retreated sharply amid hopes that a lasting Middle East ceasefire can unlock the Strait of Hormuz.
RRC’s Wayne Christian highlights rising Texas rig count, upstream hiring
Texas Railroad Commissioner Wayne Christian applauded nation-leading Texas oil production growth, citing new data showing continued strength in Texas drilling