Oil & Gas Drilling

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The U.S. shale oil industry, once the driving force behind America's energy independence, is showing signs of slowing down.

As the fight over America’s energy future continues, Alaska once again finds itself at the heart of it—caught between oil rigs and caribou herds, national policy and local tradition.

Future development in the Mowry Composite system would depend on a mix of federal leasing decisions, permitting processes, market demand, and state-level regulations.

The Department of the Interior this week unveiled a sweeping policy change aimed at accelerating oil and gas leasing on federal lands—part of the Trump Administration’s ongoing push for energy dominance and economic growth.

Some warn that streamlining development too aggressively could create economic instability in rural areas if mining booms aren’t matched by long-term infrastructure or diversification planning.

AI-driven technologies and integrated services to support Mexico’s first deep-water oil development, with operations set to begin in 2026

Billions of gallons of freshwater are used for fracking every year in Colorado. Companies will now have to gradually increase the amount of recycled water they use.

A new bill introduced by Rep. Jeff Hurd aims to roll back Biden-era land protections, reopening millions of acres for energy development, mining, and grazing while sparking controversy among conservation groups.

Meanwhile, earthquakes linked to wastewater injection wells continue to rock the area. The Railroad Commission has restricted deep injection to reduce seismicity in the area.

The $1.05 million deal reflects the company’s ongoing effort to streamline operations and refocus on its core oil and gas business.