News

U.S. Energy Development plans up to $1B for Permian in 2026

U.S. Energy Development Corp. (USEDC) says it expects to deploy up to $1 billion in 2026, largely targeting upstream oil and gas opportunities in the Permian Basin. The plan follows a similar $1 billion deployment in 2025 and builds on the company’s…

AI spending shifts to lift output from mature US shale wells

News

A new report says oil and gas operators are increasingly directing artificial intelligence investment toward improving production performance in mature US shale plays. Rather than prioritizing new exploration workflows, companies are using AI-enabled…

Energy Transfer upsizes Desert Southwest pipeline, boosting capacity

News

Energy Transfer said it will increase the size of its Desert Southwest pipeline expansion before construction begins, raising the mainline diameter to 48 inches from 42 inches. The company said the change could lift capacity to as much as 2.3…

Devon and Coterra agree to all-stock merger, target Q2 close

News

Devon Energy and Coterra Energy announced they have signed a definitive agreement to merge in an all-stock transaction that would create a larger U.S. shale operator anchored in the Delaware Basin. The combined company would keep the Devon Energy…

News

U.S. Energy Development plans up to $1B for Permian in 2026

AI spending shifts to lift output from mature US shale wells

Energy Transfer upsizes Desert Southwest pipeline, boosting capacity

Devon and Coterra agree to all-stock merger, target Q2 close

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