Government & Regulatory | Legal / Lawsuit
$20B Deepwater Horizon Settlement Gets Final Approval
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US Well Services Files Lawsuit Against Halliburton, Cimarex
U.S. Well Services, Inc. has filed a lawsuit for patent infringement against Halliburton Company and Cimarex Energy Co. The original complaint alleges infringement of multiple U.S. Well Services…
DC Court of Appeals Rules to Stay Dakota Access Shutdown
The potential shutdown of Energy Transfer LP's Dakota Access Pipeline has received another reprieve in the latest court ruling on the matter. The U.S. Court of Appeals for…
Large Swath of Oklahoma Land Falls Within Indian Reservation, US Supreme Court Rules
In a move that could complicate things for MidCon-focused operators and midstream companies, the US Supreme Court ruled that a large portion of land in Oklahoma is within…
EagleClaw Midstream Sues Energy Spectrum/CapRock
Blackstone backed-EagleClaw said it is suing its former owners of Caprock Midstream for failing to disclose tens of millions of dollars in liabilities during acquisition talks. EagleClaw in…
PE-Backed E&P Sues Continental for Failure to Close $200 Million Deal
Casillas Petroleum Resources Partners II has sued Continental Resources for breach of contract in failure to close its $200 million purchase and sale agreement that was signed between…
Gulf Coast News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
An Eagle Ford Team That Cashed Out Is Back for Another Cycle
Houston — January 15, 2026 — Lime Rock Partners, a Houston-based private investment firm specializing in upstream oil and gas, has completed an equity commitment to Athena Energy…
Gulf of Mexico News
Silver Hill Expands South Texas Footprint with Acquisition of 1776 Energy Assets
Silver Hill Energy Partners has acquired 100 percent of 1776 Energy’s South Texas oil and gas assets, significantly expanding its operated footprint across the Eagle Ford and Austin…
This Operator Will Chop it's 2026 Rig Count From 34 to 24
ConocoPhillips is setting up 2026 as a lower-intensity, more efficient operating year — with the clearest proof coming from the Lower 48 activity reset following the Marathon integration.…
A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…
EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…
Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…