U.S. gas producers continue to wade through low commodity prices, a situation made even stickier by record Permian gas production, said Chesapeake COO Josh Viets. But with a “constructive” natural gas market on the horizon, producers are consolidating and exploring for drilling runway.

Since forming through a merger in 2022, Permian Resources has reduced its stock ownership by a group of private equity backers from over 50% of the company’s outstanding shares to 16% today.

Reform is needed to counter a litigate-on-all-fronts strategy, an industry analyst says.

Piñon Midstream’s two wells at its Dark Horse Treating Facility will inject greenhouse gases permanently underground.

Wannarka brings public-equity finance, investment banking and investor relations experience to the upstream A&D brokerage.

Plains All American Pipeline plans to use approximately $643.3 million of the net proceeds from the offer to repay a portion of the $750 million outstanding principal amount of its 3.6% senior notes due 2024.

The American Petroleum Institute is suing the EPA over its truck regulations, with the National Corn Growers Association, the American Farm Bureau Federation and the Owner-Operator Independent Drivers Association joining in, citing the administration was abandoning biofuels.

EOG Resources has not stated yet that Dawson County is the location of its new “stealth play.” It remained mum in an investment-banking conference this week.