EON Resources advances San Andres development strategy
Dante Caravaggio discusses EON’s Grayburg-Jackson drilling plans, production growth, and investor funding strategy.
Entries by Ranger Land and Minerals
U.S. crude production sets new monthly record in April
US crude oil production reached an all-time monthly high of 13.934 million barrels per day in April 2026, according to data from the EIA.
Oil and gas extraction ranks high in US industry pay
Oil and gas extraction employed nearly 114,000 in May 2025 and ranked among the highest-paying U.S. industries.
U.S. rig count rises as Oklahoma drilling activity grows
US oil and gas drilling made a big leap in the past week as the latest Baker Hughes Rig Count showed a gain of 10 rigs to reach a total of 573
USGS identifies additional Texas oil and gas resources
Scientists say vast recoverable oil and natural gas reserves remain in a long-producing Texas rock formation.
U.S. Rig Count Rises as Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the US rose to 573 this week, up 26 from a year ago, according to Baker Hughes.
Interior moves to update federal oil and gas rules
Interior proposes federal oil & gas rule changes, cutting costs, easing leasing, and lowering bonding requirements.
Permian gas output grows faster than oil
Permian Basin natural gas production rose 60% from 2021–2025, while oil output increased 39%, expanding its role in U.S. energy supply.
Shell CEO sees longer-term support for oil prices
Shell CEO Wael Sawan says oil and gas prices may stay elevated for 5–10 years due to strong demand and scarce low-cost reserves.
Hormuz Reopening Sets Gradual Oil Supply Timeline
Despite the Iran war ceasefire, oil and gasoline prices may stay high for months as energy supplies and shipping recover slowly.
