Sign in Subscribe

free

Free access articles

U.S. land drilling rig against open sky, upstream oil and gas operations

U.S. Rig Count Deep Dive: 18 Months of Basin-by-Basin Intelligence

U.S. Rig Count Deep Dive: 18 Months of Basin-by-Basin Intelligence OIL & GAS INTELLIGENCE | BAKER HUGHES WEEKLY RIG COUNT | EIA DRILLING PRODUCTIVITY REPORT 1. The Headline Number The U.S. rig count stood at 543 rigs for the week of March 27, 2026 — down 9 rigs from the prior

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

The Midstream Buildout: Infrastructure Catching Up to Production

The 2024-2025 U.S. midstream buildout didn't get the attention it deserved. While the E&P consolidation wave dominated headlines, a quiet but consequential set of infrastructure additions was reshaping the economics of Permian gas, Appalachian takeaway, and LNG feedgas delivery. In 2026, those additions are changing

Natural gas processing facility and pipeline, LNG export terminal

Natural Gas: The Recovery That Almost Wasn't

Henry Hub hit $7.72/MMBtu in January 2026. By February, it was back at $3.62. That 53% move in 30 days tells you everything you need to know about the 2026 natural gas market: volatile, weather-dependent, and not yet structurally healed. The recovery that U.S. gas producers

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

OPEC+ in 2026: The Discipline Question Returns

OPEC+ enters the second quarter of 2026 facing a familiar problem: the gap between stated production targets and what members actually want to pump is widening again. The cartel's credibility is structurally tested every time oil prices threaten to recover toward levels that would incentivize non-OPEC growth — and

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

State of U.S. Upstream: The 2026 Benchmarking Report

Every quarter, CIR benchmarks U.S. upstream across the metrics that actually matter: production volumes, rig count by basin, year-over-year trajectory, and the macro environment heading into the next period. This is the Q1 2026 edition. Production: The January Reset EIA data for January 2026 shows U.S. crude production

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

One Year In: What CIR Got Right — And What We Missed

A year ago, CIR launched with a simple thesis: the U.S. upstream sector was entering a new phase — one defined not by production growth at any cost, but by capital discipline, consolidation, and the slow monetization of America's gas resource base. Twelve months later, it's

Oil and gas production facility representing E&P company quarterly performance

Q4 2025 Earnings: Mid-Cap E&Ps and the Diversification Dividend