Kinder Morgan reports record third quarter as adjusted EPS rises 21%
Power · Kinder Morgan Press Releases · 11d
Region
Permian
The biggest US oil field, spread across West Texas and southeast New Mexico. Its Delaware and Midland sub-basins drive most of the country's crude growth.
Basin at a glance
EIA STEO · Sep 2026
Oil production
6.17M bbl/d
▲ 1.6% YoY
Gas production
23.5Bcf/d
▲ 4.8% YoY
Active rigs
269
▲ 5.9% YoY
New-well oil / rig
1,900bbl/d
drilling productivity
Trend lines: trailing 24 months (Oct 2024 – Sep 2026), quarterly ticks. Click a card to expand. Source: EIA STEO.
Monthly, trailing 24 months. Source: EIA STEO.
Basin outline (EIA) and production data (EIA STEO); prices are live.
Latest from Permian
Kinder Morgan Q3 earnings rise 21% per share as gas backlog hits $13.2 billionAnalysis
Midstream & LNG · By Global Energy Report · 11d
Kinder Morgan posts record Q3 as project backlog reaches $14.4 billion
Markets · Kinder Morgan Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 11d
US rig count climbs to 603, first reading above 600 since May 2024
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 19d
Energy Transfer buys Vaquero Midstream for $2.625 billionAnalysis
Midstream & LNG · By Global Energy Report · 26d
Energy Transfer buys Vaquero Midstream for $2.625 billionAnalysis
Midstream & LNG · By Global Energy Report · 26d
US natural gas production hit a record 137 Bcf/d in July
Upstream · EIA · 30d
Public companies are 2% of US oil and gas producers but produce 68% of output
Upstream · EIA · 40d
EIA lifts 2027 US oil output forecast to a record 14.3 million bpd
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 51d
Diversified Energy buys Birch Permian for $1.8bn.
Upstream · Energy-pedia news summary · 59d
Study finds treated produced water can meet standards for outside use
Downstream · Energy & Industrial News, Intelligence & Industry Insights · 61d
US LNG exports rose 23% to 17.4 Bcf/d in first half of 2026
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 61d
Double E Pipeline reaches final investment decision on 900 MMcf/d expansion
Midstream & LNG · PR Newswire · 62d
Summit Midstream sanctions $100 million Double E pipeline expansion
Midstream & LNG · Energy & Industrial News, Intelligence & Industry Insights · 62d
Ranger Energy buys STEP Energy's U.S. coiled tubing assets for $27.5 million
Markets · Business Wire and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 62d
ONEOK buys Brazos Midstream's Permian Midland assets for $4.425bn.Analysis
Midstream & LNG · By Global Energy Report · 63d
Permian production nearly quadrupled since 2015 as wells stretched longer, EIA says
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 65d
Ovintiv adds 240 drilling locations in Permian, Montney land push
Markets · Drilling Contractor and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 65d
EON Resources begins drilling first of 92 planned Permian wells
Upstream · Drilling Contractor · 67d
Devon Energy commits to new Permian-to-Gulf Coast gas pipeline
Upstream · Drilling Contractor · 67d
Targa Resources names new logistics president, CFO succession set
Markets · GlobeNewswire-Pipelines and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 68d
US rig count falls to 588 even as Permian and Texas rigs climb
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 68d
Continental Resources to acquire FireBird's 54,000 net Permian acres
Markets · Energy-pedia news summary and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 70d
Continental Resources to acquire 50% of Phoenix Global Resources
Upstream · PR Newswire · 73d
Targa signs 20-year Permian gas deals with ExxonMobil, adds three plants
Midstream & LNG · Energy & Industrial News, Intelligence & Industry Insights · 74d
Permian well laterals grew 77% over the decade as super-long wells take hold
Upstream · EIA · 74d
WhiteWater and Permian partners sanction twin pipelines to Katy
Midstream & LNG · Energy & Industrial News, Intelligence & Industry Insights · 76d
WhiteWater-led Solitude pipeline reaches final investment decision
Midstream & LNG · PR Newswire · 76d
WhiteWater and four Permian producers sanction twin Solitude gas pipelines to KatyAnalysis
Midstream & LNG · By Global Energy Report · 76d
Targa Resources signs 20-year Permian gas deals with ExxonMobil
Midstream & LNG · GlobeNewswire-Pipelines · 76d
Devon Energy sanctions Solitude pipeline to move Permian gas to Katy
Midstream & LNG · Devon Energy Corporation Press Releases · 76d
PEDEVCO to join 2026 EnerCom Denver investor conference
Markets · GlobeNewswire and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 79d
US natural gas production set for a record 122.5 Bcf/d in 2026, EIA says
Markets · EIA and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 81d
Phillips 66, Kinder Morgan and HF Sinclair sanction $5 billion pipeline
Markets · Kinder Morgan Press Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 82d
US rig count holds at 588 as Permian and Texas add rigs
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 82d
US rig count holds at 588 as Permian gains three rigs
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 86d
ConocoPhillips sells $1.7 billion in Lower 48 assets, hits disposal target early
Markets · ConocoPhillips News Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 87d
Targa Resources posts record $1.6 billion adjusted EBITDA in the second quarter
Markets · GlobeNewswire-Pipelines and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 87d
Energy Transfer brings Hugh Brinson gas pipeline into service in Texas
Power · Energy & Industrial News, Intelligence & Industry Insights · 88d
Energy Transfer revenue and net income rise in the second quarter
Markets · Energy Transfer News Releases and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 89d
Marathon Petroleum Q2 net income jumps to $5.1 billionAnalysis
Markets · By Global Energy Report · 89d
Marathon Petroleum's Q2 net income jumps to $5.1 billionAnalysis
Markets · By Global Energy Report · 89d
US rig count rises to 588 as Permian adds two rigs
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 89d
ONEOK Q2 2026 net income climbs 13%, raises guidance
Midstream & LNG · RSS - OneOK IR Press Releases and ONEOK, Inc. · 90d
Diamondback Energy production tops 1 million boe/d in second quarter
Upstream · Diamondback Energy, Inc. News Releases · 90d
Williams to acquire Momentum Midstream, expanding Haynesville gas position
Power · Williams Companies, Inc News Releases · 90d
ExxonMobil second-quarter profit rises to $14.5 billionAnalysis
Upstream · By Global Energy Report · 93d
US rig count rises to 588 as Permian, Eagle Ford add rigs
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 93d
Omega Oil & Gas begins its largest Taroom Trough drilling program at Canyon-3Analysis
Upstream · By Global Energy Report · 102d
Kinder Morgan posts record Q2 net income, tracks ahead of 2026 budgetAnalysis
Markets · By Global Energy Report · 102d
U.S. rig count rises to 588 as Permian gains three rigs
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 107d
US crude oil output hit a record 13.6 million barrels a day in 2025Analysis
Markets · By Global Energy Report · 115d
Natural Gas Services Group redomesticates to Texas
Markets · GlobeNewswire-Oil-Equipment-Services and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 116d
DOE closes $3.26 billion loan to AEP Texas for 2,800 miles of transmissionAnalysis
Policy · By Global Energy Report · 116d
US rig count rises to 580 as Permian adds three rigs
Markets · Baker Hughes Rig Count and EIA, 2026-06-15 and EIA, 2026-06-15 and Baker Hughes, 2026-06-15 · 118d
Chevron signs 20-year power deal to supply Microsoft's West Texas data centerAnalysis
Power · By Global Energy Report · 131d