Independent Producers Begin Ramping Up Production; Rig Counts Increasing

Independent Producers Begin Ramping Up Production; Rig Counts Increasing

ENERGYWIRE (June 5, 2026)  Three months after the war in Iran sent crude prices soaring, oil producers in the biggest U.S. oil field are starting to ramp up their production. The catch: The new push may only boost production by about 250,000 barrels a day, too little...
The $4 Billion Bonanza: An Antomy Of A Lease Sale

The $4 Billion Bonanza: An Antomy Of A Lease Sale

Last week, something big happened in the U.S. oil and gas industry. In southeastern New Mexico, the federal government held the largest onshore oil and natural gas lease sale in American history. It generated more than $4 billion — more than four times the previous...