Private E&Ps, Permian-based independents and majors are leading the supply surge
Letter from Houston: Lower 48 outlook strengthening
Climbing commodity prices and rampant drilling activity are lifting shale production guidance
The US onshore industry received a shot in the arm this year with oil markets remaining close to the $80/bl mark, driven by expectations of stable demand growth and economic activity steadily ramping up around the world. The horizontal oil rig count is up by nearly 130pc from a year earlier, and current prices make drilling economic across most onshore regions. While the top-producing Permian basin remains the most active play by far, south Texas’ Eagle Ford, the Bakken, the DJ and Powder River basin and other positions have all seen a steady clip of expansion, boosting their contribution to the country’s onshore operations. The number of active counties (counties with at least one horizonta
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Eni’s director for global gas and LNG portfolio, Cristian Signoretto, discusses how demand will respond to rising LNG supply, and how the company is expanding its own gas and LNG operations through disciplined, capital-efficient investments
9 March 2026
Petroleum Economist analysis sees increases in output from Saudi Arabia, Venezuela and Kazakhstan among others before region’s murky descent
9 March 2026
Energy sanctions are becoming an increasingly prominent tool of US foreign policy, with the country’s growth in oil and gas production allowing it to impose pressure on rivals without jeopardising its own energy security or that of its allies, argues Matthew McManus, a visiting fellow at the National Center for Energy Analytics
6 March 2026
The March 2026 issue of Petroleum Economist is out now!
