CIR Research Desk
Drill Baby Drill: Policy vs. Reality
One year into the new administration, the "drill baby drill" mandate has collided with the one force more powerful than any executive order: capital discipline enforced by institutional investors.
The political rhetoric was clear enough. Federal lease sales have resumed on public lands. Permitting processes have been directed
Q4 2025 Earnings Batch 1: The Diversified Permian Players Deliver — But Pricing Headwinds Are Real
Eagle Ford: Comeback or Managed Decline?
The Eagle Ford has been defying its obituary for half a decade. According to EIA Drilling Productivity Report data, the basin has held production in a band of approximately 1.1–1.2 million barrels of oil equivalent per day through 2024–2025, with minimal decline despite a rig count
Reserve Reports 2025: What the 10-Ks Will Show
The Consolidation Aftermath: How the Majors Remade the Permian
By mid-2024, the Permian Basin had been fundamentally reshaped by a wave of mergers that will define the basin's operating landscape for the next decade. ExxonMobil's $59.5 billion acquisition of Pioneer Natural Resources closed in May 2024. ConocoPhillips closed its $22.5 billion acquisition of
