General News
After Failed Merger, Williams Simplifies Structure

Williams announced organizational changes that will simplify its structure and increase direct operational alignment to advance the Company's proven, natural gas-focused strategy and drive continued focus on customer service and execution.
By early 2017 Williams will consolidate the number of Operating Areas within the company from five to three: Atlantic-Gulf, West and Northeast Gathering & Processing.
Three Operating Areas:1. Atlantic-Gulf: NGL & Petchem Services operations in the Gulf area, the Geismar olefins plant, the refinery grade propylene splitter and pipelines in the Gulf Coast region will be integrated into the Atlantic-Gulf Operating Area. Atlantic-Gulf will continue to include the Transco interstate gas pipeline, the nation's largest and fastest-growing interstate natural…
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United States News

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…

New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…

2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…

Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…