Business/economics
With the Vaca Muerta home to some of the world’s most-productive wells, and the Permian still going strong, if increasingly gassier, Rystad sees shale as resilient.
US EIA data show exports rising from 0.5 Bcf/D in 2016 to 15 Bcf/D in 2025, positioning the US as the world’s largest LNG exporter with further capacity growth expected next year.
The agreement follows the discovery of 724 million BOE in unconventional oil and gas reserves in November.
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Westwood links 2026 exploration outcomes to policies, with operators offshore Norway finding seven times more resources than those offshore the UK.
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The purchase includes approximately 260 producing wells and expands Caturus’ footprint in the Eagle Ford and Austin Chalk.
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The asset sale to an undisclosed buyer includes 360,000 net acres in Oklahoma.
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Phase 1 of the lease agreements calls for 2D and 3D seismic over the blocks.
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Evolution Well Services will deploy electric pressure pumping units for Northeast Natural Energy, which operates in the Marcellus Shale.
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By opening new fields to exploration and development, Libya is poised to boost gas production to supply exports in meaningful volumes to Europe by early 2030.
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The energy technology company received an order from Twenty20 Energy for 10 gas turbines to power US data center infrastructure.
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The planned facility was designed to process 34 MMcf/D of associated gas into fully refined gasoline.
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The cloud platform provider said the initiative is designed to help energy companies manage and analyze large-scale operational data.
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The deal positions the merged company to benefit from an expected offshore drilling upcycle.
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