Recent Posts
News•Feb 27, 2026
Co-CEO: Permian Resources Sees Opportunity in Expected Divestiture Wave
Permian Resources Corp. says a wave of asset divestitures is looming as large oil‑and‑gas players unwind recent mega‑deals, and the Midland‑based operator is ready to act. The company can comfortably spend up to $3 billion on acquisitions through 2027 without stretching its balance sheet. It is also targeting a 4% production lift to 186‑192 k barrels per day in 2026 while trimming capex by roughly 6%. The outlook lifted the stock about 3% to $18.12, pushing market value above $13.5 billion.
By Oil & Gas Journal – General Interest
News•Feb 18, 2026
Caturus Energy Advances LNG Business Through $950-Million Asset Deal with SM Energy
Caturus Energy announced a $950 million purchase of SM Energy’s Galvan Ranch assets, adding about 61,000 net acres and 250 MMcfed of daily gas production in Webb County, Texas. The acquisition lifts Caturus’s pro‑forma net output to roughly 950 MMcfed across 275,000 acres,...
By Oil & Gas Journal – General Interest
News•Feb 17, 2026
Ovintiv to Divest Anadarko Assets for $3 Billion
Ovintiv announced a $3 billion cash sale of its Anadarko holdings in Oklahoma, encompassing roughly 360,000 net acres across the SCOOP and STACK plays. The divestiture, slated to close in Q2 2026, follows the company’s recent $2.7 billion acquisition of NuVista Energy,...
By Oil & Gas Journal – General Interest
News•Feb 12, 2026
Vista Energy Increases Reserves by 57% and Production by 59% in 2025
Vista Energy reported a 57% jump in proved and probable reserves to 588 MMboe at the end of 2025, driven largely by the acquisition of Petronas assets. The reserve replacement ratio surged to 605% overall and 260% on a organic basis....
By Oil & Gas Journal – General Interest
News•Feb 12, 2026
IEA Lowers 2026 Oil Demand Forecast on Economic Uncertainty, Higher Prices
The International Energy Agency (IEA) lowered its 2026 global oil demand growth forecast to 850,000 barrels per day, down from a previous estimate amid heightened economic uncertainty and rising crude prices. Demand gains will come entirely from non‑OECD economies, with...
By Oil & Gas Journal – General Interest
News•Feb 12, 2026
US Natural Gas Storage
The Energy Information Administration reported that U.S. natural gas inventories rose by 2.5 billion cubic feet (Bcf) in the week ending November 1, bringing total working‑day stocks to 3.22 trillion cubic feet (Tcf). This level sits about 5 percent above the five‑year average for...
By Oil & Gas Journal – General Interest
News•Feb 11, 2026
OGJ Crack Spread
The Oil & Gas Journal (OGJ) offers a daily OGJ Crack Spread metric that quantifies the margin between crude oil input costs and refined product sales. This spread serves as a real‑time gauge of refinery profitability and market tightness. OGJ’s...
By Oil & Gas Journal – General Interest
News•Feb 11, 2026
Crude Imports by Country of Origin
The Oil & Gas Journal released a data set detailing U.S. crude oil imports broken down by country of origin. The report highlights the top supplying nations, shifts in import volumes over the past year, and emerging trends such as...
By Oil & Gas Journal – General Interest