Permian output highlighted as strategic amid Iran tensions
Texas Rep. Brooks Landgraf says the Permian Basin is key to U.S. energy supply as Iran tensions impact global oil markets.
Entries by Ranger Land and Minerals
Devon and Coterra agree to form a $58 billion shale producer
Devon Energy shareholders will end up owning 54% of the overall company after its merger with Coterra Energy is completed.
Two vessel incidents in the Strait of Hormuz lift oil shipping costs
Oil and gas prices have surged as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel.
Federal policy signals more U.S. leasing, permits, and LNG growth
Federal oil and gas policy tilts toward industry as regulatory relief continues and expands under Donald Trump.
Supreme Court tariff ruling may ease oilfield input costs over time
United States Supreme Court voids some Trump tariffs, but steel and aluminum levies under Section 232 stand.
EIA sees US natural gas output hitting records in 2026–2027
The US EIA projects US marketed natural gas production will rise about 2% to average 120.8 Bcf/d in 2026, hitting 122.3 bcf/d record in 2027.
U.S.-managed Venezuelan oil sales projected to bring $5 billion
US-controlled Venezuelan oil sales could bring in about $5B more revenue over the next few months, said US Energy Secretary Chris Wright.
Texas reports November oil and gas output led by Midland area
Preliminary figures from the Texas Railroad Commission show the state produced 124,149,657 barrels of crude oil in November 2025
First Federal oil & gas lease sale since 2019 set for Alaskan petroleum reserve
Trump administration’s 5.5M-acre auction is one of several mandated over next few years for Alaska’s federal lands and offshore waters.
Winter Storm Fern lifts Henry Hub gas prices as output dips in Texas
Winter Storm Fern had its expected impact on energy production and markets that sparked a 110% rally in Henry Hub natural gas prices
