CIR Research Desk

The history of U.S. shale development is, in part, a history of infrastructure catching up to production. Every time a new basin broke out — Permian, Haynesville, Marcellus, Bakken — the initial production surge ran ahead of takeaway capacity, creating basis blowouts and stranded production before midstream caught up. The 2026

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

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