Liberty Chief: Pullback in Rigs, Frac Crews Not ‘Catastrophic’
Liberty Energy CEO Ron Gusek said that volatility will lead to some reductions in activity and companies can prepare now, but 2026 is murkier: “We’ll have to be ready.”
Monumental Begins Workover Operations at Copper Moki 1 and 2
Monumental Energy Corp. has started workover operations at the Copper Moki-1 and Copper Moki-2 wells in New Zealand’s Taranaki Basin.
North Hudson Fuels Non-Op Strategy with TXO Deal, $344MM PE Raise
Houston-based private equity firm North Hudson eyes non-op deals with new fund as portfolio company LOGOS Resources ramps up San Juan gas drilling.
Paisie: Note to US E&Ps—Brace for OPEC+ Impact
Despite fiscal woes, the Saudis are intent on increasing supply to pressure producers.
SLB Launches Retina, a New Solution for Downhole Imaging
SLB’s Retina imaging technology helps operators evaluate formations by providing precise measurements at first contact.
PROPWR to Provide 80 MW of Power Generation in Permian
ProPetro’s PROPWR division is set to provide power to customers in the Permian Basin.
Fire at Chevron Oil Platform Offshore Angola Injures 17
Seventeen people were injured, four seriously, when a fire broke out in the early hours of May 20 at Chevron’s deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform.
COMMENTARY: How Republicans Got Roped Into a Deal That Keeps the IRA—and Why There’s Still Time to Fix It – Alex Epstein
The subsidized energy lobby used “framing” to win Republican negotiations before they even started. But it’s not too late to reframe the negotiation, starting from real IRA termination. By Alex Epstein The expectation: the Republican trifecta would terminate the vast majority of IRA subsidies When the Inflation Reduction Act (IRA) passed 3 years ago, no …
Darcy Partners Keeping Tabs with Oil, Gas’ Next Tech Startups
Darcy Partners evaluates technology that its members, particularly in the oil and gas industry, may want to put to use— from AI to a new, cool drill bits.
Ukrainian Foreign Minister Wants G7 Price Cap on Russian Oil Lowered to $30 Per Barrel
Ukrainian Foreign Minister Andriy Sybiha called on Tuesday for the Group of Seven advanced economies to reduce its price cap on Russian seaborne oil to $30 per barrel. The current G7 price cap is $60 per barrel. “The oil price cap, from our point of view, our position, (the) reasonable price cap (is) 30 dollars,” …
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