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Shale Markets
Shale Markets Briefing — September 27, 2026
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Today's briefing brings you 8 stories across drilling, lng and natural gas from across the global oil and gas market. Leading today: SLB to deliver more than 450 wells for Aramco under three-year contracts.
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Noble has been awarded drilling contract by Tullow Oil
The contract points to continued offshore drilling activity and keeps Noble engaged in Tullow’s work program. For operators and service firms, it signals that capital is still flowing to rig capacity even in a selective spending environment.
Ocean Energy Resources
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Railroad Commission wildcat drilling permits Sept. 11-18
Wildcat permit activity is a small but useful read on where operators are willing to test new acreage in the Permian. For executives, it signals whether capital is still reaching for exploration outside established drilling fairways or staying concentrated in proven inventory.
Midland Reporter-Telegram
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Upstream employment has grown 25% since September 2020
Upstream job growth points to sustained drilling and completion activity in the Permian, which is a useful read on whether operators are still deploying capital in West Texas. For executives, the signal is that service demand and labor tightness can support activity levels even if commodity prices are less helpful.
Midland Reporter-Telegram
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EU tells countries to curb energy demand as gas prices face winter squeeze
This signals that Europe’s gas market is tight enough that governments are being asked to rein in demand before winter. For producers, LNG suppliers, and traders, it points to firmer pricing power and a market that will stay sensitive to storage levels, imports, and policy response.
au.news.yahoo.com
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EU May Delay Methane Rules for a Year
A delay in methane reporting rules would give importers more time to comply, which eases near-term pressure on gas and LNG supply chains into Europe. It also shows Brussels weighing emissions enforcement against energy security, a tradeoff that matters for exporters and traders planning capital and cargo flows.
RigZone
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Sponsored
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Global Gas Squeeze Could Last Through Next Summer
A prolonged gas squeeze would keep pressure on LNG cargo flows, storage strategy, and contract priorities across Europe and Asia. For producers and midstream operators, it signals a market that may stay supportive of upstream gas investment even as weaker demand could force some buyers to curtail usage.
OilPrice.com
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North Carolina Regulators Reject Duke Energy Gas Power Plant
The ruling signals more friction for gas-fired power buildout even as U.S. gas supply is expected to keep rising. For executives, that means demand growth in power markets may not be as automatic as production growth, which can affect pipeline, processing, and basin investment assumptions.
OilPrice.com
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