Tag Archive for: oilandgas

Interior proposes federal oil & gas rule changes, cutting costs, easing leasing, and lowering bonding requirements.

Interior moves to update federal oil and gas rules

The U.S. Department of the Interior announced two proposed regulatory actions on June 22, 2026, focused on federal onshore oil and gas leasing and rules for royalty treatment of lost oil and gas. The proposals would revise Bureau of Land Management procedures with the stated goal of making federal leasing more predictable for operators while continuing public-land resource management.

Key changes include replacing a $500,000 statewide bonding requirement with the prior $25,000 standard while the department gathers comments on a longer-term approach. Interior also said its proposed updates to the royalty rule could reduce annual compliance costs by nearly $17 million. For readers comparing federal and private leasing frameworks, Ranger’s guide to leasing federal vs. private land for oil and gas exploration provides additional background.

The leasing proposal would allow noncompetitive leases after competitive auctions, shorten certain public participation timeframes, update filing fees, and provide replacement lease sales when prior offerings are canceled or delayed. The royalty-related proposal would remove certain application requirements, define standards for avoidable and unavoidable losses, and rename the rule “Royalty for Oil and Gas Lost from Onshore Federal and Indian Leases.” A 60-day public comment period will begin after the Federal Register notices are published.

Source: U.S. Department of the Interior

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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.
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.

Shell CEO sees longer-term support for oil prices

Shell Chief Executive Wael Sawan said oil and gas prices may remain supported even after tensions around Iran and the Persian Gulf ease, according to The Wall Street Journal. Speaking at the WSJ Leadership Institute CEO Summit, Sawan said longer-term demand growth and the rising difficulty of finding new low-cost reserves could keep upward pressure on energy prices over the next five to ten years.

The comments come as global energy markets continue to track supply conditions, inventory levels, and shipping access in the Middle East. Sawan indicated that while current supply is meeting demand, maintaining that balance may become more challenging as countries place greater emphasis on energy security. He also noted that higher pricing could encourage producers to develop resources that may not have been economical at lower price levels.

For investors and mineral owners, the outlook matters because benchmark energy prices can influence revenue expectations, asset values, and commodity price assumptions. Ranger readers may also want to review how prices can affect wellhead price calculations and royalty-related income.

Source: The Wall Street 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.
Despite the Iran war ceasefire, oil and gasoline prices may stay high for months as energy supplies and shipping recover slowly.

Hormuz Reopening Sets Gradual Oil Supply Timeline

AP News reports that energy supplies may take months to fully normalize after an agreement was announced to end the Iran conflict and reopen the Strait of Hormuz. Energy analysts cited by AP said the timing depends on shipping logistics, refinery schedules, insurance coverage, and how quickly companies regain confidence in safe tanker movement through the waterway. Before the disruption, the strait handled about one-fifth of global oil and gasoline supplies, making it a key route for markets tracking commodity prices.

Oil prices moved lower after the announcement, with Brent crude falling $3.45 to $83.89 per barrel and U.S. crude declining $4.03 to $80.85 per barrel, though AP noted both remained above the roughly $70 level seen before the conflict began. Experts said stranded tankers must first clear the area, new vessels must be loaded, and some producers that paused output may need more time to restart operations. For mineral owners and investors, the article highlights how shipping routes, production timing, and benchmark pricing can influence market conditions and related concepts such as the wellhead price.

Source: AP 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.
Researchers at NETL are exploring methods to recover more oil and natural gas from shale after fracking, boosting long-term well production.

NETL method may help raise oil and gas recovery

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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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 natural gas markets moved higher as developments involving Iran and the United States drew renewed attention from energy traders.

Oil prices rise as Iran talks affect energy markets

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.
At Forbes’ 2026 America Innovates event, Harold Hamm discussed how AI growth depends on reliable energy supply.

Harold Hamm highlights oil and gas role in AI energy demand

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.
Phillips 66 will build the Zeus Gas Plant and a third Texas fractionator to handle rising Permian gas output.

Phillips 66 advances Permian gas processing projects

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 Trump administration has proposed offering nearly 80,000 acres in northwestern Arizona for oil and gas drilling.

BLM targets NW Arizona for 78k acre oil and gas lease

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.
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.