Tag Archive for: oilandgas

Devon Energy and Coterra Energy announced the successful completion of their previously announced all-stock merger.

Devon and Coterra finalize all-stock shale merger

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.
A majority of oil and gas executives expect U.S. oil production to increase, driven by geopolitics and flexible Permian Basin producers.

U.S. oil output seen rising as conflict reshapes outlook

According to a recent report from Rigzone, a majority of oil and gas executives expect U.S. crude production to increase, influenced in part by ongoing geopolitical tensions. Survey findings indicate that market participants anticipate higher domestic output as operators respond to shifting global supply dynamics and pricing signals. Executives cited the ability of U.S. producers—particularly in key regions like the Permian Basin—to adjust activity levels relatively quickly compared to international competitors.

The report highlights that sustained demand and supportive price conditions are encouraging companies to maintain or expand drilling programs. This flexibility is often tied to advancements in shale development and operational efficiency, which allow producers to bring new wells online faster. For investors, this environment reinforces the importance of understanding production trends and regional performance, including metrics like average natural gas well production, which can vary significantly depending on basin and operator strategy.

While executives recognize potential challenges such as cost pressures and regulatory considerations, the overall sentiment points toward steady or rising output levels in the near term. This outlook reflects confidence in the U.S. oil sector’s ability to respond to market conditions, supported by existing infrastructure and ongoing investment in development activity.

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.
Brent crude rises more than 2 percent after Washington and Tehran fail to hold second round of talks in Pakistan.

Oil prices climb as US-Iran talks remain unresolved

Oil prices moved higher following reports that negotiations between the United States and Iran have not progressed, raising uncertainty around potential increases in global oil supply. Market participants had been closely watching the discussions, as any agreement could lead to eased sanctions on Iranian crude exports. With talks appearing to stall, expectations for additional supply entering the market have been delayed, contributing to upward pressure on prices.

Traders are also weighing broader supply dynamics, including ongoing production strategies from major oil-producing nations and steady global demand trends. The lack of immediate progress in diplomatic efforts has reinforced the perception of tighter near-term supply conditions, supporting recent price gains. For investors and market observers, developments around geopolitical negotiations remain a key factor influencing oil price direction and overall market balance.

Source: Al Jazeera
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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 rose after the US seized an Iranian ship that saw Tehran firing at vessels and reimposing controls in the Strait of Hormuz

Oil and gas prices rise amid tensions over Iranian vessel

Oil and gas markets moved higher following reports that the United States seized a vessel linked to Iranian shipments, a development that has complicated ongoing diplomatic discussions. The incident has raised concerns about potential disruptions to global energy flows, particularly in regions where supply routes are already closely monitored. Market participants reacted to the possibility that renewed tensions could affect crude availability and trade dynamics in the near term.

The situation comes as negotiations involving Iran remain a focal point for energy markets, with any progress or setbacks influencing expectations around future supply. Analysts noted that uncertainty tied to geopolitical developments can quickly translate into price volatility, especially when it involves key producing regions. The latest events underscore how sensitive oil and gas prices remain to policy actions and international relations.

For investors and industry stakeholders, the developments highlight the continued importance of geopolitical risk in shaping energy market trends. Shifts in diplomatic progress or enforcement actions can influence supply expectations and pricing, reinforcing the need to monitor global events alongside fundamentals such as production levels and demand outlook.

Source: Energy Connects
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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.
Iran signals it may disrupt traffic through the Bab al-Mandeb Strait, a key maritime chokepoint linking the Red Sea to the Gulf of Aden.

Iran threat to Bab al-Mandeb raises global trade concerns

Iran has signaled the possibility of disrupting traffic through the Bab al-Mandeb Strait, a key maritime chokepoint linking the Red Sea to the Gulf of Aden. The waterway is a vital route for global shipping, with a significant share of oil, liquefied natural gas, and commercial goods passing through daily. Any restriction or closure could force vessels to reroute around the southern tip of Africa, increasing transit times and shipping costs while tightening global supply chains.

The strait’s strategic importance makes it particularly sensitive to geopolitical tensions. Energy markets could feel immediate effects, as delays or disruptions in shipments may influence pricing and availability. For oil and gas markets, the route serves as a critical corridor connecting Middle Eastern producers to European and international buyers, underscoring its role in maintaining steady energy flows.

For investors and market participants, developments around the Bab al-Mandeb highlight how geopolitical risks can impact logistics, energy distribution, and trade economics. Monitoring such chokepoints remains essential, as even temporary disruptions can influence freight rates, commodity pricing, and broader market conditions tied to global supply and demand.

Source: Al Jazeera
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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.
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.
United States Supreme Court voids some Trump tariffs, but steel and aluminum levies under Section 232 stand.

Supreme Court tariff ruling may ease oilfield input costs over time

The U.S. Supreme Court ruled 6–3 that President Donald Trump exceeded his authority when he imposed certain tariffs under the 1977 International Emergency Economic Powers Act, which invalidated many of those duties. However, tariffs affecting key oilfield inputs—including steel, aluminum, and copper—remain in place because they were issued under Section 232 of the 1962 Trade Expansion Act, according to the Midland Reporter-Telegram.

Claudio Galimberti, chief economist at Rystad Energy, said the decision limits the government’s ability to target individual countries but does not remove the broader tariff framework, citing a continuing global tariff structure that could rise from 10% to 15%. Economist Ray Perryman told the Reporter-Telegram that while tariffs may be harder to maintain, other legal tools could be used, and he expects that any gradual reduction in tariff pressure could lower steel and equipment costs and support broader consumer and business activity—factors that can matter for energy demand and project economics. The American Petroleum Institute’s Aaron Padilla emphasized the value of predictable trade policy for market reliability.

Related Ranger coverage: Trump threatens tariffs if EU doesn’t buy more US oil and gas and Texas leads the charge as America sets new oil and natural gas records.

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.
Preliminary figures from the Texas Railroad Commission show the state produced 124,149,657 barrels of crude oil in November 2025

Texas reports November oil and gas output led by Midland area

Preliminary figures from the Texas Railroad Commission show the state produced 124,149,657 barrels of crude oil in November 2025 (about 4,138,321 barrels per day). Texas natural gas output for the month was reported at 1,002,396,104 Mcf (about 33,413,203 Mcf per day). The totals reflect volumes reported by operators from 157,813 oil wells and 83,966 gas wells, and they compare with updated November 2024 figures of 143,764,045 barrels of oil and 1,082,479,452 Mcf of natural gas.

The Midland area again led statewide oil production. Martin County topped the list at 20,755,579 barrels, followed by Midland County at 17,784,946 barrels, with additional high-producing counties including Upton, Loving, and Reeves. On the gas side, Webb County ranked first with 97,750,282 Mcf, followed by Reeves County (84,832,237 Mcf) and Midland County (77,756,512 Mcf). Reeves County also led Texas in condensate production at 6,338,309 barrels, with Loving County second at 4,288,680 barrels. For more context on Texas output trends and key drivers, see Texas leads the charge as America sets new oil and natural gas records and Permian gas wave sparks biggest pipeline buildout since the shale boom.

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.