Permian Basin
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This guest editorial from the Center for Injection and Seismicity Research (CISR) at The University of Texas at Austin details the emerging risks posed by injection in Texas and what steps might be taken to mitigate them. -
Corporate consolidation and foreign buyers helped drive $38 billion in upstream deals in the first quarter of 2026.
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The top three bidders in the latest lease sale by the US federal government paid a combined $3.9 billion.
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US Energy Information Administration data sees the country’s energy production jump 3.4% over 2024 levels. Additionally, the EIA predicts industrial natural gas consumption to hit records in 2026 and 2027.
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The acquisition establishes a unified North American upstream analytical data set with the goal of streamlining capital allocation decisions.
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Operators aren’t rushing to drill, even as the closure of the Strait of Hormuz drives oil prices up.
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Data centers could add up to 6 Bcf/D of US gas demand by 2030, creating a new opportunity for producers and reshaping how oil companies think about electricity supply.
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This paper highlights the effects of tax credits on business operations for midstream companies in the Permian Basin.
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In this study, forward simulation is executed by a commercial reservoir simulator while external code is developed for backward calculations.
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ExxonMobil's Jason Gahr uses the five stages of grief to explain how the upstream industry should respond to the rise of AI.
