Exploration & Production

Why Oil and Gas Companies are Rethinking Exploration

Offshore jackup rig for oil and gas production. — Rather than racing into frontier basins, some companies are revisiting legacy discoveries that were previously uneconomic or not a priority, according to Westwood Global Energy Group. (Shutterstock)

July 17, 2026 04:41 PM CDT

Featured Stories

SPR’s Drawdown Helps Producers Now, But Leaves US Exposed

The U.S. Strategic Petroleum Reserve drawdown supports crude exports and future demand but leaves an aging system less ready for the next crisis.

Exploration & Production

How APA Cut Permian Costs 30% While Locking in a Decade of Inventory

Acquisitions and Divestitures (A&D)

WildFire Energy’s Buyer Would Get Big Oil Cut, But Smaller Wells

Big Permian-Woodford Oil Flowing for ConocoPhillips, Continental