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Wider shot of a Paloma Pressure Control BOP/wellhead stack in East Texas pine forest — orange man-lift visible, red dirt pad, tall pines. Haynesville/East Texas land drilling operation.

CIR Afternoon Update — April 6, 2026

Continental Resources founder Harold Hamm signaled a major shift in domestic drilling strategy Monday, telling Hart Energy the company intends to deploy additional rigs across Lower 48 oil plays — including the Permian Basin — citing a duty to support U.S. allies amid elevated geopolitical uncertainty. According to Hart Energy, Hamm

CIR Morning Brief — Monday, April 6, 2026

CIR Morning Brief — Monday, April 6, 2026

A potential ceasefire deal sits on tables in both Washington and Tehran this morning — and how they respond could define the next 30 days in crude markets. According to Reuters, Pakistan has transmitted a ceasefire framework to both the United States and Iran that, if accepted, would reopen the Strait

Tight vertical shot looking up at workover/pulling unit mast at dusk — deep blue to amber twilight

CIR Afternoon Update — April 3, 2026

APRIL 3, 2026 — 4:30 PM CT Crude oil markets experienced a historic shock Friday, with WTI futures surging more than $11 per barrel — a move exceeding 11% — as active supply disruptions through the Strait of Hormuz rattled global energy markets. According to OilPrice.com price data, WTI settled near

Upstream oil and gas pumpjack and production infrastructure, U.S. E&P operations

CIR Morning Brief — Friday, April 3, 2026

WTI crude oil roared past the $104 mark this week, closing Thursday's spot session at $104.69 per barrel according to the U.S. Energy Information Administration — a sharp $3.43 gain from Monday's $101.26 close, and a cumulative rally of more than $8 per

Upstream oil and gas pumpjack and production infrastructure, U.S. E&P operations

CIR Afternoon Update — April 2, 2026

WTI crude extended this morning's historic surge through the afternoon session, trading at $111.50/bbl as of 4:00 PM CT — up $11.42 on the day (+11.41%) and well past the morning spike to $107.63. Brent followed to $109.20 (+7.99%). WTI Midland,

Upstream oil and gas pumpjack and production infrastructure, U.S. E&P operations

CIR Morning Brief — Thursday, April 2

Good morning. Thursday, April 2nd, 2026 — here's what you need to know before the market opens. 💹 Overnight Price Action Crude surged sharply overnight, with WTI (May 2026 front month) jumping $8.72 to $107.63/bbl (+8.82%) and Brent Crude rising $8.62 to $108.84/bbl

Multi-basin oil and gas production operations, U.S. upstream activity scorecard

CIR Basin Scorecard: Q1 2026 Update

Each quarter, CIR publishes a clean basin-by-basin reference update using Baker Hughes rig count data and EIA production figures. This is the Q1 2026 edition. Use it as a snapshot and a baseline for tracking Q2 2026 changes. 🛢️ Permian Basin — 241 Rigs Production context: Texas output at 5,570 Mbbl/