Diamondback sees Permian leading U.S. natural gas output in the 2030s
Diamondback Energy expects the Permian Basin to lead U.S. natural gas production in the 2030s as pipeline capacity expands.
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Diamondback Energy expects the Permian Basin to lead U.S. natural gas production in the 2030s as pipeline capacity expands.
The Permian Basin rig count rose to 273 on Nov. 6, 2026. U.S. rigs totaled 604, and WTI futures settled at $90.83 a barrel.
The crude oil inventory at the Cushing Hub in northern Oklahoma fell in the most recent reporting period from the U.S. EIA.
EQT Corporation and Range Resources have signed a definitive agreement for EQT to acquire Range in an all-stock merger transaction.
U.S. forces have helped Gulf producers ship over 1.5 billion barrels through Hormuz since the Iran war began.
EQT plans a $50B+ all-stock acquisition of Range Resources, creating the largest vertically integrated U.S. natural gas producer.
Baker Hughes’ U.S. rotary rig count hit 603 on Oct. 9, its highest since May 2024, up 5 weekly and 56 year over year.
Vance announced plans to expand a Texas refinery with Delek US to boost fuel supplies and lower prices before midterms.
ONEOK has completed its $4.425B acquisition of Brazos Midstream’s natural gas gathering and processing assets in the Midland Basin.
Barnett-Woodford holds 3 billion barrels of recoverable oil across 6,400+ Midland Basin drilling locations, per EIR.
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