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ExxonMobil boosts digital tech in the Permian Basin to improve reliability, lower operating costs, and support faster decision-making.

ExxonMobil expands digital tools in the Permian Basin

ExxonMobil is increasing its use of digital technologies across its upstream operations in the Permian Basin to improve reliability, lower operating costs, and support faster decision-making. According to Energies Media, the company is applying data analytics, automation, and connected systems to turn real-time field information into operational insight. That approach is being used in key areas such as drilling performance, equipment monitoring, and production tracking, helping teams spot trends more quickly and respond before inefficiencies grow.

The report says ExxonMobil has developed advisory systems that use artificial intelligence to recommend well-specific drilling settings, with some applications allowing automated adjustments during operations. The company is also expanding sensor networks and connectivity across widely dispersed assets, giving centralized teams a better view of field conditions and enabling remote support. For readers following broader upstream performance trends, Ranger’s guides on oil well production and the environmental impact of oil and gas leasing provide useful background on production monitoring and emissions-related considerations.

In addition to efficiency gains, ExxonMobil says these systems are helping it support emissions detection and overall operational consistency. The article notes that digital monitoring is being integrated into normal workflows rather than handled as a separate process, which can be especially important in a large operating area like the Permian. For investors and industry observers, the update highlights how operators are using technology to improve performance at scale without relying only on higher activity levels.

Source: Energies Media

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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
The Interior Department announced it is disbursing almost $461M to four Gulf of America energy-producing states to ease rising gas prices.

Gulf energy revenue payments to states reach new high

The U.S. Interior Department said it will distribute about $460.9 million in offshore energy revenue to Alabama, Louisiana, Mississippi, and Texas, along with eligible coastal counties and parishes. According to the announcement, the payment is the largest such distribution to date and reflects a higher annual revenue-sharing cap tied to fiscal 2025 revenues. Louisiana is set to receive the biggest total at about $203.7 million, followed by Texas at roughly $124.5 million, Mississippi at about $67.7 million, and Alabama at nearly $64.9 million.

The funding comes from offshore leasing activity in the Gulf and is intended to support coastal infrastructure, restoration efforts, and local economies connected to energy development. For mineral owners and investors, the announcement is another example of how offshore production can feed back into state and local revenue systems tied to oil and gas royalties and broader public policy frameworks. It also highlights how federal leasing and disbursement rules can shape outcomes across producing regions, a topic that overlaps with Ranger’s guide to federal and state regulatory conflicts in mineral rights.

Source: Washington Times

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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
US Energy Sec. Chris Wright told energy executives at the CERAWeek that higher crude prices signals producers to increase supply.

U.S. energy chief urges more oil output as Iran war lifts prices

U.S. Energy Secretary Chris Wright told energy executives at the CERAWeek by S&P Global conference in Houston on March 23 that higher crude prices are sending a market signal for producers to increase supply. His remarks came as the war involving Iran continued to disrupt energy markets and add uncertainty around oil flows, with industry leaders gathering in Houston to assess the outlook. Wright characterized the price spike as a short-term disruption, while also acknowledging that companies are weighing whether new drilling would be economic in such a volatile environment.

The comments matter because the administration is looking for more domestic production at a time when the Strait of Hormuz and broader Middle East instability are affecting global supply expectations. Reuters separately reported that U.S. officials met with top energy executives in Houston amid market turmoil to discuss domestic output and other supply options, underscoring the pressure on policymakers and producers as oil prices remain elevated. Even so, major U.S. producers had not announced broad new production increases as of Monday, reflecting continued caution about committing capital during a fast-moving geopolitical event.

For readers following how geopolitical disruptions can affect domestic production and mineral markets, Ranger has also covered the Permian Basin’s strategic role during Iran-related market pressure and broader guidance on oil and gas royalties.

Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
Asian allies are looking to the U.S. for secure oil and gas supplies during the Iran war, Interior Secretary Doug Burgum said.

Asia seeks more U.S. oil as supply priorities shift

Asian buyers are showing stronger interest in U.S. crude as governments and energy companies look to broaden supply options beyond the Middle East. According to CNBC, U.S. Interior Secretary Doug Burgum said countries in the region are seeking more dependable long-term energy arrangements as recent disruptions underscore the value of diversified sourcing. Burgum’s comments followed energy discussions in Tokyo, where Asia-Pacific partners also announced major agreements with U.S. companies tied to broader energy and infrastructure cooperation.

The shift reflects how important Middle Eastern barrels remain for Asia, even as importers look for added flexibility. Reuters recently reported that Asia imported about 14.74 million barrels per day of Middle Eastern crude in 2025, or nearly 60% of the region’s total crude purchases, with Japan and South Korea especially reliant on those supplies. That backdrop helps explain why additional U.S. barrels are drawing attention: they can offer another source of supply support when shipping routes or regional production face pressure. For investors, the development points to continued demand for export capacity, trade relationships, and upstream output that can serve international markets. Related Ranger coverage on market conditions includes oil prices and supply trends and Strait of Hormuz shipping costs.

Source: CNBC
Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
U.S. natural gas output hit a record 118.5 Bcf/day in 2025, led by growth in Permian, Appalachia and Haynesville.

U.S. natural gas production sets new record in 2025

U.S. marketed natural gas production reached a record average of 118.5 billion cubic feet per day in 2025, with the strongest growth coming from Appalachia, the Permian Basin, and Haynesville. Appalachia remained the country’s largest producing region at 36.6 Bcf/d, while the Permian posted the fastest growth rate, rising 11% to 27.7 Bcf/d. The article notes that these three regions accounted for most of the year’s production gains, supported by a combination of higher gas prices, oil-directed drilling in the Permian, and added takeaway capacity in parts of the Northeast.

In the Permian, rising associated gas volumes from oil production played a major role in the increase, even as crude prices averaged below the prior year. Appalachia also added output as pipeline capacity improved following recent infrastructure additions, while Haynesville benefited from stronger economics and access to Gulf Coast demand centers. For mineral owners and industry observers, the record shows how regional infrastructure, commodity pricing, and basin-specific production trends can shape supply growth over time, alongside broader factors such as average natural gas well production and well performance expectations.

Source: Pipeline & Gas Journal
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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
Treasury Secretary Scott Bessent told CNBC that the U.S. is allowing Iranian oil tankers to transit the Strait of Hormuz.

U.S. signals some Hormuz transit can support oil supply

U.S. Treasury Secretary Scott Bessent said the administration is currently comfortable with some Iranian, Indian, and Chinese fuel shipments moving through the Strait of Hormuz, as more vessels begin passing through the key energy corridor. He said the flow of tankers appears to be improving without a formal naval escort system in place, and framed that movement as a way to help keep global energy markets supplied during the ongoing conflict involving Iran.

Bessent also said any additional U.S. response to higher oil prices would depend on how long the conflict continues, indicating that broader market measures would be shaped by the duration of the disruption. For mineral owners and energy-focused readers, the story highlights how geopolitical events around major export chokepoints can quickly influence commodity prices and, in turn, affect the broader environment in which oil and gas royalties are valued and discussed.

Source: CNBC
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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
Occidental Petroleum, 1PointFive expect Phase1 of the STRATOS DAC plant in Texas' Permian basin to come online in this year’s 2nd quarter.

Stratos carbon capture plant targets second-quarter startup

Occidental Petroleum and its 1PointFive subsidiary said the first phase of the STRATOS direct air capture project in Ector County, Texas, is expected to begin operating in the second quarter of 2026. According to the company, the facility is in the final stage of startup, while commissioning for Phase 2 is also set to begin during the same quarter, with the broader operational ramp-up continuing through the rest of the year. Once fully online, STRATOS is designed to capture as much as 500,000 metric tons of carbon dioxide per year.

The update also outlined key progress already made at the site, including wet commissioning, testing of the CO2 compression system at design pressure, burner testing on the calciner, and the addition of potassium hydroxide for atmospheric CO2 capture. The project has also received Class VI permits for geologic sequestration, with plans to use three wells to store about 722,000 metric tons of CO2 annually in deep saline formations. For mineral owners and energy market watchers, the project adds to the broader conversation around how carbon capture initiatives impact oil and gas leasing and the potential CCUS revenue opportunities tied to emerging infrastructure in Texas and the Permian Basin.

Source: Oil & Gas Journal
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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
Texas Rep. Brooks Landgraf says the Permian Basin is key to U.S. energy supply as Iran tensions impact global oil markets.

Permian output highlighted as strategic amid Iran tensions

Texas State Rep. Brooks Landgraf said the Permian Basin remains an important part of the U.S. energy picture as tensions involving Iran continue to affect global oil markets. The report, published by YourBasin, points to the market response following late-February military developments involving Iran and the resulting pressure on energy infrastructure and traffic through the Strait of Hormuz, one of the world’s most important oil transit routes.

Landgraf’s comments centered on the value of strong domestic production during periods when overseas supply routes face added pressure. For investors and mineral owners, the story underscores how major geopolitical events can increase attention on U.S. producing regions such as West Texas, where steady output and established infrastructure can play a larger role in supporting supply reliability and broader market stability. That backdrop also keeps interest elevated in assets tied to oil and gas development, including mineral rights and royalty opportunities in active producing areas.

Source: YourBasin

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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
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.

Two vessel incidents in the Strait of Hormuz lift oil shipping costs

Two commercial vessels were struck by projectiles near the Strait of Hormuz, a major shipping corridor between Iran and Oman that carries roughly a fifth of the world’s oil and significant LNG volumes. The incidents added to broader disruption in Gulf waters, with shipping data showing many crude and LNG carriers waiting offshore rather than transiting the area.

As risks increased, multiple marine insurers moved to cancel war-risk coverage for vessels operating in Iranian and nearby Gulf waters starting March 5, a step that can raise insurance and freight costs for cargoes moving from the Middle East. Tanker rates on key routes have climbed sharply this year, and oil prices rose as markets reacted to tighter near-term logistics and higher transport costs. For mineral and royalty owners, pricing and differentials can influence revenues over time, alongside market factors that shape payments (see how natural gas prices influence royalty payments and understanding oil and gas royalties).

Source: BBC News
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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.
Federal oil and gas policy tilts toward industry as regulatory relief continues and expands under Donald Trump.

Federal policy signals more U.S. leasing, permits, and LNG growth

A February 2026 World Oil outlook reviews federal actions since President Trump returned to office on Jan. 20, 2025, saying multiple agencies have prioritized faster approvals and expanded access for upstream development. The article cites Bureau of Land Management approval of 5,742 permits to drill from Jan. 20, 2025 to early Jan. 2026 (up 55% versus the comparable prior period) and 22 federal lease sales in 2025 covering about 328,000 acres across 10 states and generating more than $356 million. It also notes Interior used emergency procedures aimed at shortening permit timelines to 28 days, alongside expanded Arctic-related activity and offshore leasing plans.

On LNG, the piece says the Department of Energy ended the January 2024 pause on new export permits and approved export authorizations for five projects, including Port Arthur LNG Phase II and Venture Global’s CP2 (listed at up to 3.96 Bcfd). It adds that DOE is streamlining grid connections tied to rising data-center power demand and expects U.S. natural gas exports in 2026 to be 4 Bcfd higher than in 2024 (a 33% increase). For mineral owners tracking activity drivers, context on oil and gas leasing regulations and what typically prompts operators to move forward can help frame how these policy signals may translate to local interest (see how drilling decisions take shape).

Source: World Oil
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Ranger Land & Minerals curates weekly insights from across the oil and gas industry to keep our readers informed. To receive news like this directly in your inbox, join our free newsletter. If you’d like to learn more about mineral rights and oil royalty opportunities, contact us to speak with a representative.
DISCLAIMER: The summary above is based on information from third-party sources believed to be reliable, but its accuracy and completeness cannot be guaranteed. It is provided for general informational purposes only and does not constitute investment, financial, tax, legal, or other professional advice, nor a recommendation or solicitation to buy or sell any security, commodity, or investment product. Markets, regulations, and circumstances can change, and the information may not reflect the most current developments. You should conduct your own research and consult a qualified financial advisor, CPA, or other professional before making decisions based on this content. The publisher and its affiliates disclaim any liability for losses or damages arising from reliance on the information provided above.