Industry: Upstream and E&P

Last week, the annual Digitalization in Oil & Gas conference rolled into Houston, and I was grateful for the opportunity to speak at this always-excellent event hosted by our friends at the Energy Conference Network. The panel was charged to talk about building a digital-ready workforce, and I prepared by summarizing ADI Analytics’ consulting and research […]

Global LNG capacity grew by more than 20 million tons per annum (mtpa) from 2023 through mid-2025. North America, including the U.S., Canada, and Mexico, accounted for about 65% of this new capacity. Additionally, 2 mtpa of this capacity came from floating terminals and ~11 mtpa from terminals with small-scale, modular LNG trains (each less […]

In the September 2025 edition of the ADI Newsletter, we highlight new oil and gas exploration in Africa as a driving force behind reshaping the continent’s energy landscape. A long-term growth supercycle for natural gas and LNG has become central to global energy strategies, influenced by AI growth, energy security, and economic shifts. Additionally, the […]

The U.S. LNG export capacity growth stagnated over the past couple years due to delays caused by market volatility, labor shortages, and regulatory uncertainty. Now, the supportive stance of the Trump Administration and growing global gas demand are expected to bolster the U.S. LNG sector through 2030. U.S. LNG export capacity reached a little over […]

The One Big Beautiful Bill Act preserved key tax incentives for geothermal power while scaling back support for other renewables like wind and solar. These incentives, specifically the 48E Investment Tax Credit and 45Y Production Tax Credit, are critical for developers, helping them raise capital and attract major customers. The bill also sets a clear phaseout schedule, giving geothermal projects […]

In the August 2025 edition of the ADI Newsletter, U.S. shale expertise is highlighted as a driving force behind global growth in unconventional oil and gas. Natural gas and LNG have become central to energy strategies worldwide, influenced by AI, data centers, energy security, and reshoring. Moreover, the plastics industry is rapidly evolving toward sustainability […]

The U.S. oil and gas industry is seeing a renewed interest in refracturing (refracs), a process that re-stimulates existing wells to boost productivity. This is especially true as Tier 1 drilling locations become harder to find. Refracs aren’t new, but recent technological advancements and compelling economics are making them a vital part of operators’ strategies. […]

We recently wrote about litigation around produced water and its critical mineral content. That is not the only lawsuit surrounding water management. Shale independent Stateline Operating is seeking $180 million in damages from operator Devon Energy and water treatment services provider Aris Water Solutions. It alleges that the large volume of wastewater injection led to contamination […]

As the global oil and gas industry adapts to slower demand growth and increasing pressure to decarbonize, Africa is quietly reasserting itself as a frontier for upstream exploration. As seen in Exhibit 1, oil reserves in Africa have been concentrated in a few producers, particularly Libya, Nigeria, and Algeria. Exhibit 1. Oil reserves by the […]

On June 27, 2025, the Texas Supreme Court ruled in Cactus Water Services, LLC v. COG Operating, LLC. It declared that produced water is oil & gas waste and therefore belongs to the hydrocarbon lessee i.e. oil & gas operator typically. This landmark decision clarifies that the right to produce oil & gas inherently includes […]

In the mid-2010s, clients worldwide sought ADI’s help to replicate shale’s success. I spoke at conferences in the UAE, Australia, India, Thailand, and Europe on developing unconventional resources domestically. Sadly, many efforts failed, and unconventional resource development has only recently picked up outside the U.S. most notably in Argentina, China, and Australia. International players and some […]

SLB announced its plan to acquire ChampionX in April last year. A key driver for this deal was ChampionX’s artificial lift technologies (along with its production chemicals business), which will help SLB better position itself to serve growing production optimization needs from declining oil and gas assets globally. This will be especially critical in the […]