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Five Up, $97 Floor: Friday's Rig Count Says Operators Aren't Blinking

Five Up, $97 Floor: Friday's Rig Count Says Operators Aren't Blinking

WTI touched $97.23 intraday Friday before recovering to close near $101.26. A $4-plus swing on the week's last session. The geopolitical backdrop — Iran, Hormuz, Commonwealth's $13B LNG FID that printed this morning — gave traders every reason to volatility. They took it. Then they
CIR Research Desk 15 May 2026
Commonwealth LNG FID: What It Means for Haynesville and Appalachian Gas Producers

Commonwealth LNG FID: What It Means for Haynesville and Appalachian Gas Producers

CIR Editorial 15 May 2026
Commonwealth LNG FIDs $13B, Trump Loses Patience With Iran: Friday's Week-Closing Setup

Commonwealth LNG FIDs $13B, Trump Loses Patience With Iran: Friday's Week-Closing Setup

Commonwealth LNG approved its $13 billion Louisiana export facility Friday morning. Pemex's CEO is out. Brent is heading for a 6% weekly gain. The Iran risk premium is no longer theoretical.
CIR Research Desk 15 May 2026
EU Storage Mandates Bend, US LNG Surges: What Brussels' Retreat Means for EQT, Expand Energy, and the Drilling Contractors

EU Storage Mandates Bend, US LNG Surges: What Brussels' Retreat Means for EQT, Expand Energy, and the Drilling Contractors

CIR Editorial 13 May 2026
Pumpjack extracting oil from an oil well, land operations

SM Energy Clears Bonanza Creek Legacy: $400M Debt Retirement Caps Civitas Integration Sprint (SM)

CIR Editorial 13 May 2026
EU Blinks on Storage, SM Clears Legacy Debt: Wednesday Capital Markets Brief

EU Blinks on Storage, SM Clears Legacy Debt: Wednesday Capital Markets Brief

SM Energy retires $400M in legacy Bonanza Creek notes. The EU backs flexibility on gas storage mandates. SLB locks in $2B at 10-year rates. WTI holds $101.
CIR Research Desk 13 May 2026
Ovintiv Q1 2026: Two-Basin Thesis Lands, Sub-0.8x Leverage Confirmed (OVV)

Ovintiv Q1 2026: Two-Basin Thesis Lands, Sub-0.8x Leverage Confirmed (OVV)

CIR Editorial 12 May 2026

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