Vital Energy’s President and CEO Jason Pigott said the E&P’s 12-well, multi-zone U-turn well pad in the Midland Basin may be “the first time any company in our industry has drilled a stacked horseshoe development like this one.”

Delaware Basin pure-play Permian Resources’ executives say tax provisions and regulatory changes in the One Big Beautiful Bill Act support industry growth and offset setbacks like steel tariffs.

Diamondback Energy is selling non-operated Delaware Basin properties to Riverbend Energy Group for $138 million.

Cheniere rode the LNG demand wave as second-quarter profits jumped and the LNG firm signed a new sale and purchase agreement with Japanese utility Jera.

California’s landmark carbon capture and storage project is nearing completion as the CCS sector gains momentum, backed by favorable state and federal moves. 

The transaction sets Evolution Petroleum up for “perpetual cash flows” from over 10 years of projected drilling inventory, according to the company’s CEO.