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Interesting Engineering reports that researchers at the National Energy Technology Laboratory are studying ways to recover more oil and natural gas from shale and other tight formations after primary hydraulic fracturing operations. According to the article, these reservoirs can still hold significant hydrocarbons after initial production, making improved recovery methods important for domestic energy output and long-term oil well production planning.

The research uses nuclear magnetic resonance technology to examine rock cores and measure factors such as pore structure, porosity, permeability, fluid saturation, and wetting behavior. NETL’s work includes testing how injected fluids such as natural gas, water, surfactants, or carbon dioxide move through oil-saturated rock under subsurface pressure and temperature conditions.

For energy markets and mineral owners, the work is notable because higher recovery from existing formations could help operators improve production efficiency without relying only on new acreage. Better recovery techniques may also support more informed decisions around development, reserves, and oil and gas royalties tied to producing assets.

Source: Interesting Engineering

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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 natural gas markets moved higher as developments involving Iran and the United States drew renewed attention from energy traders. The report said crude prices climbed after Iran indicated that indirect negotiations with Washington had stopped, while recent military activity in the region added focus to shipping routes and supply access. Brent crude was reported near the upper-$90s per barrel range as markets tracked whether regional conditions could affect global flows.

The Strait of Hormuz remained a central issue because it is one of the world’s most important oil transit corridors. For mineral owners, producers, and investors, these developments matter because benchmark pricing can influence project economics, royalty revenue, and wellhead price calculations. Ranger has also covered how geopolitics, supply, and demand can be among the key factors affecting oil prices over time.

Source: The New York 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.

Forbes interviewed Harold Hamm, founder and executive chairman of Continental Resources, during its 2026 America Innovates event, where he discussed the connection between artificial intelligence growth and reliable energy supply. Hamm, widely associated with the expansion of U.S. shale development, said oil and gas remain central to meeting the power needs of data centers, advanced computing, and other AI-driven infrastructure.

The discussion focused on how rising electricity demand from AI could keep energy reliability near the center of business and technology planning. For investors and mineral owners, the topic is relevant because stronger long-term energy demand can influence production activity, infrastructure planning, and interest in oil and gas royalties. It also adds context to how the energy sector is evaluating new technology, including AI applications in oil and gas, while balancing supply, cost, and reliability considerations.

Source: Forbes

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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 prices moved higher in early Tuesday trading in Asia after new U.S. strikes targeted missile sites and boats in southern Iran, according to Oil & Gas 360. The move followed a sharp price decline on Monday, when markets responded to expectations that a possible U.S.-Iran framework agreement could help ease pressure around the Persian Gulf and the Strait of Hormuz.

The article noted that the new military action has added uncertainty to ongoing discussions and to market expectations for energy flows through the region. The U.S. described the strikes as defensive, while officials said American forces were continuing to use restraint during the ceasefire period. It remains unclear how Iran may respond or how the situation could affect the status of talks.

For energy markets, the Strait of Hormuz remains a key focus because a large share of Middle East oil shipments moves through the waterway. President Donald Trump said over the weekend that the route would reopen, though the article said there was still no clear sign that traffic had fully normalized. For mineral owners and investors tracking factors affecting oil prices, developments around shipping routes, supply access, and regional policy remain important market signals.

Source: Oil & Gas 360
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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.

Phillips 66 plans to move forward with two Texas midstream projects designed to handle additional natural gas and natural gas liquids from the Permian Basin. According to EnergyNow, the company’s Zeus Gas Plant will be built with capacity to process 300 million cubic feet per day of gas and will include the new Midland Express Pipeline.

The Midland Express Pipeline is expected to run about 45 miles and move up to 230 million cubic feet per day of raw natural gas from Phillips 66’s Permian Basin gathering systems. The company also plans a third Coastal Bend Fractionator, which will add 100,000 barrels per day of natural gas liquids fractionation capacity. A fractionator separates mixed NGLs into products such as ethane, propane and butane so they can be transported, sold or exported separately.

Both projects are expected to begin operations in 2028 and are part of Phillips 66’s previously announced $2.0 billion to $2.5 billion capital spending range. For readers tracking oil and gas leasing and oil and gas royalty opportunities, the announcement highlights continued infrastructure investment tied to Permian production and downstream market access.

Source: EnergyNow

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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 Bureau of Land Management has opened a 30-day public scoping period for 40 oil and gas parcels covering 78,708 acres in northwestern Arizona, according to the Arizona Republic. The parcels may be included in a December 2026 lease sale, with public comments accepted through June 11, 2026. The acreage is located near the Nevada and Utah borders and would mark Arizona’s first federal oil and gas lease sale since 2018.

For readers tracking federal oil and gas leasing, the proposal highlights how leasing is an early step in the development process rather than approval to drill. Operators would still need to submit drilling permit applications and go through additional review before any development could move forward. The article also notes that some geologists and public lands observers have questioned the area’s production potential based on past exploration results, making the proposal relevant for investors watching acreage availability, leasing policy, and long-term resource evaluation.

Source: Arizona Republic
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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.

Rigzone reported that Railroad Commission of Texas Commissioner Wayne Christian pointed to stronger port activity and higher production as signs of continued momentum for the state’s oil and gas sector. The article highlighted the Port of Corpus Christi’s first-quarter 2026 results, with customers moving 54.5 million tons of commodities through the Corpus Christi Ship Channel, its strongest first-quarter performance on record and 6.1% above the same period in 2025.

The report also noted Diamondback Energy’s plan to increase exports and expand activity in response to changing global supply conditions. According to the company’s May 4 stockholder letter, Diamondback expects to maintain production above 520,000 barrels of oil per day, about 3% higher than its original 2026 guidance, while running five completion crews and adding rigs to support future flexibility. For readers following oil production in Texas, the update underscores how infrastructure, drilling activity, and market signals can influence output trends.

Texas production figures from the RRC showed preliminary February 2026 crude oil volume of 117.6 million barrels and natural gas volume of 965 billion cubic feet. Martin County led preliminary crude oil production at 19.4 million barrels, while Webb County led preliminary gas production at 85 billion cubic feet. These figures may be relevant for mineral owners and investors tracking regional production trends and oil and gas royalties.

Source: Rigzone

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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 & Gas 360 reported that Devon Energy and Coterra Energy completed their previously announced all-stock merger on May 7, 2026, after shareholders from both companies approved the transaction on May 4. The combined company will operate as Devon Energy, trade on the New York Stock Exchange under the DVN ticker, and maintain headquarters in Houston with a continued presence in Oklahoma City.

The deal creates a larger U.S. shale producer with assets across several major basins, anchored by a strong position in the Delaware Basin. Under the merger terms, each Coterra share was exchanged for 0.70 Devon shares, with Devon shareholders owning about 54% of the combined company and former Coterra shareholders owning about 46%. Coterra’s common stock will no longer trade on the NYSE.

For energy market participants, the merger adds scale in U.S. shale and may affect future capital allocation, production planning, and shareholder return strategies. Devon said it has identified $1 billion in annual pre-tax synergies targeted by year-end 2027, which may be relevant for readers following Devon and Coterra’s earlier merger plans, broader shale consolidation, and oil and gas royalties tied to active production areas.

Source: Oil & Gas 360

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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.

Midland Reporter-Telegram reports that Permian Basin oil production is expected to grow modestly in 2026, based on East Daley Analytics’ review of guidance from 14 public operators. The firm’s survey points to an increase of 183,000 barrels per day, or 2.7%, across the group. ExxonMobil accounts for the largest share of that outlook, with projected growth of 113,000 barrels per day as it continues expanding its Permian program.

Rich Dealy, ExxonMobil’s vice president for the Permian Basin, said the company’s growth plans remain unchanged following its merger with Pioneer Natural Resources. ExxonMobil holds about 1.5 million acres in the region and continues to focus on longer laterals, cube development, new technology, trades, and bolt-on acquisitions. The company’s stated goal is to reach 2 million barrels per day from the Permian by the end of 2030. For readers tracking oil well production and broader Texas oil production, the figures highlight how large operators continue to shape regional output trends.

Outside ExxonMobil, East Daley’s analysis indicates more moderate growth, with Permian Resources guiding for 6% and Occidental forecasting 3.6%. The report also notes that many public companies are still emphasizing capital discipline, with any increase in drilling activity likely taking months before it reaches production, pipelines, and refiners.

Source: Midland Reporter-Telegram
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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.

A new report from the Texas Independent Producers and Royalty Owners Association found that oil production in the United States, Texas, and the Permian Basin has reached record levels while flaring intensity has moved lower in recent years. According to the report, U.S. flaring intensity is down 45% since 2019, while oil production increased 8% over the same period. Texas and the Permian Basin posted larger improvements, with flaring intensity down about 50% and 62%, respectively.

The Permian Basin produced about 6.3 million barrels of crude oil per day, representing nearly half of total U.S. oil output. Texas also surpassed 2 billion barrels of annual production for the first time. From 2023 to 2024, Permian production increased 6%, while flaring intensity eased nearly 10% and flared volumes were reduced by 4%. The report pointed to expanded pipeline takeaway capacity, including projects such as Gulf Coast Express, Permian Highway Pipeline, and Matterhorn Express, as an important factor supporting those results.

For market participants, mineral owners, and readers following oil production in Texas, the findings highlight how infrastructure development can support higher shale output while improving operational efficiency. The report also provides useful context for those tracking oil and gas royalties, since production growth and midstream capacity can influence long-term activity across major producing regions.

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.