|
Shale Markets
Shale Markets Briefing — September 24, 2026
|
|
Today's briefing brings you 23 stories across natural gas, data centers, crude oil and lng from across the global oil and gas market. Leading today: Chord Energy Sells Non-Operated Marcellus Position to POSCO for $550 Million.
|
|
STRYDE wins 12,000-node seismic deployment in Indonesia
The contract signals continued spending on seismic data acquisition, which is a leading indicator of future exploration and drilling decisions rather than near-term production. For operators and service companies in Southeast Asia, it suggests land-play activity is still attracting capital and equipment commitment.
World Oil - Latest News
|
|
Sponsored
|
|
Petrobras to resume exploratory drilling in Bolivia after eight years
Petrobras restarting exploratory drilling in Bolivia signals a renewed push to test undeveloped gas and oil potential in a mature basin. For executives, it matters because new appraisal work can reshape where capital is allocated in Latin America and influence future supply options for the region.
BNamericas
|
|
Superior Energy Services to acquire Welltec in oilfield technology expansion
Superior Energy Services is buying Welltec to add higher-value well intervention and completions capabilities, which signals a push to broaden its technology offering rather than compete only on conventional services. The deal also extends Superior’s reach in offshore and international markets, an area where operators still favor integrated service packages and differentiated tools.
World Oil - Latest News
|
|
Petrobras completes composite pipe JIP
Petrobras and Shell are validating composite pipe for offshore Brazil, which points to a push to lower corrosion risk and extend equipment life in high-CO2 fields. For executives, this signals where capital is going in subsea infrastructure and which materials could become standard in long-life developments.
OGJ - General Interest
|
|
Perenco Brazil, Porto do Açu advance Campos basin platform electrification project
The project signals ongoing capital being steered into lower-emissions offshore operations in Brazil rather than into new barrels alone. For executives, it points to infrastructure spending that can extend the competitive life of mature Campos basin assets while reducing the carbon profile of production.
OGJ - General Interest
|
|
Shell Exits BP's Na Kika Platform in US Gulf
Shell’s exit from a Gulf of Mexico platform points to ongoing portfolio pruning in a mature offshore basin, which can reshape who controls legacy production and where operators deploy capital next. For executives, it is a reminder that capital is still being rotated toward assets with stronger returns and cleaner strategic fit.
RigZone
|
|
OQEP lets contract for Bisat field expansion project in Oman
This contract signals continued capital spending in Oman's upstream sector and a push to add barrels through brownfield expansion rather than new frontier risk. For service providers like SLB, it also shows how regional operators are using outside technical execution to lift production capacity and protect competitive position.
OGJ - General Interest
|
|
FortisBC Gets BC Environmental Clearance for Tilbury LNG Expansion
The clearance removes a key regulatory hurdle for FortisBC’s Tilbury LNG expansion, signaling that the project can move further toward execution. For gas executives, it points to incremental LNG and storage capacity in British Columbia and reinforces provincial backing for export-oriented infrastructure.
RigZone
|
|
Qatar Ramps Up LNG Shipping via Hormuz
Higher LNG ship traffic through Hormuz signals Qatar is keeping export flows moving through a critical chokepoint, which matters for global gas balance and shipping risk. For executives, it is a reminder that Middle East LNG supply remains exposed to routing disruptions even when volumes are strong.
RigZone
|
|
US LNG exports on track to top 120 million tonnes in 2026, Energy Secretary says
This points to another step-up in U.S. LNG capacity and reinforces the Gulf Coast’s role as the main export engine for global gas supply. For executives, it signals continued capital flow into liquefaction, feedgas supply, and associated midstream infrastructure as the U.S. widens its competitive lead in LNG.
OGJ - General Interest
|
|
TotalEnergies, Amni take FID on $1.108-billion Ima gas project
The FID signals fresh capital is being committed to Nigerian gas supply at a time when LNG-linked projects are still attracting long-cycle investment. For operators and LNG buyers, it reinforces that gas infrastructure tied to export expansion remains a priority in Africa despite broader upstream capital discipline.
OGJ - Exploration and Development
|
|
Morgan Stanley: Diesel Export Ban Would Push U.S. Gas Prices Higher
A diesel export ban would tighten refinery economics in the U.S. and could lead refiners to cut runs, which would affect gasoline supply and pricing. For executives, it is a reminder that policy aimed at diesel can ripple through broader product balances and downstream margins across the Gulf Coast refining system.
OilPrice.com
|
|
Petrobrazi Biofuels Project Progresses toward Startup in 2028
OMV Petrom is moving a refinery-linked biofuels project closer to startup, which signals continued capital spending to adapt conventional downstream assets to lower-carbon fuel streams. For refinery operators, this is a sign that asset owners are using existing sites to preserve throughput and compete as product slates evolve.
RigZone
|
|
Saudi Arabia Sells 100 Million Barrels of Crude to Asia via Hormuz
The sale underscores how Saudi barrels still matter to Asian refiners and how quickly trade flows can revert to the Strait of Hormuz when alternative routes are constrained. For executives, it is a reminder that pipeline outages and chokepoint risk can shift voyage economics, freight exposure, and near-term supply routing without changing underlying demand.
OilPrice.com
|
|
Just One Commodity Vessel Left the Strait of Hormuz on Wednesday
Reduced traffic through Hormuz signals tighter shipping and insurance conditions for crude, condensate, LPG, and other commodity flows, which can strain exporters in the Gulf and complicate supply planning for buyers. For executives, the key issue is whether the corridor is becoming a persistent bottleneck that can reroute trade, lift freight costs, and expose exposure to Middle East disruption.
OilPrice.com
|
|
Analysts Say China 2026 Oil, Gas Demand Outlook Weakens
A softer China demand outlook points to weaker pull on global crude and gas balances, which can pressure export plans and downstream utilization expectations across Asia and beyond. For producers and LNG sellers, it signals that capital and cargoes may need to be directed toward markets with firmer demand.
RigZone
|
|
Canada’s Oil Patch On Track For Biggest M&A Wave In A Decade
A consolidation wave in Canada’s oil patch signals that capital is likely shifting toward scale and lower-cost inventory rather than new frontier spending. For executives, it points to a more active deal market in oil sands and Canadian upstream assets as producers reshape portfolios and seek operating leverage.
OilPrice.com
|
|
Hormuz Workarounds Keep Gulf Oil Flowing—at a Steep Cost
The piece shows how Middle Eastern exporters are rerouting crude around Strait of Hormuz risk, which keeps barrels moving but raises logistics costs and complicates netbacks. For executives, it signals that shipping resilience and alternate pipeline capacity are becoming strategic assets in a region where disruption can quickly reshape export flows.
OilPrice.com
|
|
EIA Raises USA Oil Production Forecasts for 2026, 2027
Higher U.S. production forecasts for the next two years signal a looser domestic crude balance and reinforce the case for sustained drilling and completion activity. For operators and midstream players, it suggests more supply to move, process, and hedge, even if it can pressure prices and capital discipline.
RigZone
|
|
South Korea Follows Japan's Playbook With $22.3 Billion Texas Gas Bet
This signals that foreign capital is still chasing U.S. gas-fired power assets where power demand is growing fastest, especially around data centers and chip manufacturing. For upstream and gas executives, it reinforces that electricity load growth can pull through major gas infrastructure investment even when the project is framed as a power complex rather than a pure gas development.
OilPrice.com
|
|
