APA raises 2026 U.S. oil outlook on Permian efficiency
APA Corp. raised its 2026 US oil production forecast to 123,000 bpd from 122,000 while keeping planned domestic capital spending at $1.3B.
Entries by Ranger Land and Minerals
Solitude pipeline project advances Permian gas capacity
Devon Energy approves Solitude Pipeline, a joint venture building two gas pipelines from the Permian Basin to Katy, Texas.
Permian drilling demand supports Helmerich & Payne activity
Permian Basin projects led Helmerich & Payne drilling work as executives remained upbeat amid market volatility.
Iran sets conditions as Hormuz shipping talks advance
Iran names Mohsen Rezaee as security chief and demands U.S. concessions before fully reopening the Strait of Hormuz.
Atlas plans 100 driverless trucks for Permian logistics
Atlas Energy Solutions plans to expand its Permian Basin autonomous truck fleet from 28 to 100 by mid-2027, partnering with Kodiak AI.
Higher crude prices lift Exxon and Chevron earnings
Exxon doubled Q2 profit to $14.53B (+105% year over year), while Chevron nearly quadrupled profit to $12.07B.
Permian well technologies improve drilling efficiency
The Permian Basin remains a testing ground for advanced well construction and longer, more technically demanding wells.
DOE funding supports oil and gas technology research
DOE announced a $65.5M funding for technology development and research across the upstream and midstream oil and natural gas sectors.
Magnolia expands South Texas position in $4.06B deal
Magnolia Oil & Gas will acquire Houston-based WildFire Energy for $4.06B, boosting its Texas production footprint.
Gulf of Oman tanker transfers adjust amid shipping changes
Recent Iranian attacks on vessels have slowed tanker-to-tanker oil transfers outside the Strait of Hormuz.
