Sunday, July 20, 2025

Top Five Permian Companies Hold ~9.4 Million Acres in the Basin

Permian acreage positions don’t tell the whole story Companies continue to race into the Permian, jockeying for acreage and buying up increasing positions in the world’s most popular unconventional basin. The Permian is an oil basin that has produced almost a century as a conventional play and now that the shale phenomenon has found the Permian, recent estimates say the

Weekly Gas Storage: Build Smaller than Expected

The EIA released its weekly Natural Gas Storage Report today, outlining how national natural gas stocks have changed in the last week. In total, the EIA reports natural gas stocks increased by 58 Bcf last week, rising from 3,408 Bcf to 3,466 Bcf. This is below the 3,593 Bcf that was in storage at this point last year, and is

Aramco Listing Reshapes Saudi Arabia’s OPEC Oil Policy

From Reuters Saudi Arabia’s plans to float state oil titan Aramco are prompting the country to think the unthinkable. Late last year, Saudi Arabia tried to get fellow oil producers around the world to agree to reduce production. Before an OPEC meeting in Vienna in November, Saudi officials were armed with an unprecedented bargaining chip: if there was no deal,