Energy Market Wrap

The Week in Energy – Nov. 21, 2025

byEnverus

This week’s energy headlines spotlight Haynesville expansion, water infrastructure build-out, CCS acceleration in Texas, offshore lease activity and enhanced Permian well performance. Here are five stories that stood out: 

Top Stories 

  • DT Midstream brings LEAP Phase 4 online ahead of schedule
    DT Midstream launched its LEAP Phase 4 expansion in the Haynesville on budget and ahead of schedule. Originally slated for the first half of 2026, the project boosts system capacity to 2.1 Bcf/d from 1.9 Bcf/d, strengthening regional gas flow.

  • WaterBridge starts construction on Speedway Pipeline 
    WaterBridge has begun building the Speedway water transportation pipeline, its first major project since going public. The line will connect Delaware Basin developments to disposal capacity in the Central Basin Platform, enhancing water infrastructure for operators. 

  • Texas secures Class VI well primacy to accelerate CCS 
    The EPA granted Texas authority over Class VI CO₂ injection wells, giving the state primacy and cutting permitting timelines. This move unlocks carbon capture and storage potential in one of the nation’s largest industrial hubs, accelerating decarbonization efforts. 

  • U.S. BOEM plans second offshore lease sale under new law
    The Bureau of Ocean Energy Management will hold its second offshore oil and gas lease sale under the One Big Beautiful Bill Act. The offering includes 80 million acres in the Gulf of Mexico, signaling continued federal support for offshore development. 

  • Chevron to scale advanced chemical treatment in Permian 
    Chevron will widely deploy advanced chemical treatment across its Permian wells after trials showed a 10% uplift in estimated ultimate recovery and improved decline rates. The approach will be applied to both new and existing wells to enhance long-term performance.

Also this week: Murphy Oil sets Eagle Ford records, Occidental boosts returns with EOR pilots, Avangrid advances Canadian hydropower link, CPS Energy launches 600 MW solar RFP, and Rondo scales zero-emission heat battery projects globally. 

To learn more, reach out to businessdevelopment@enverus.com or visit www.enverus.com
(Note: In observance of the U.S. Thanksgiving holiday, there will be no Energy Market Wrap for the week ending Nov. 28.)

Picture of Enverus

Enverus

Energy’s most trusted SaaS platform — creating intelligent connections that uncover insights and opportunities to deliver extraordinary outcomes.

Subscribe to the Enverus Blog

A weekly update on the latest “no-fluff” insight and analysis of the energy industry.

Related Content
Enverus Intelligence® Research Press Release - Haynesville operators calculate remaining growth
Business Automation
ByEnverus

Compress hours of bid comparison into a focused, AI-assisted session. Instant Analyst is now live in Enverus RFx for upstream sourcing teams.

Northern Bets On Canada with Parallax Stake
Analyst Takes News Release
ByAndrew Dittmar

Enverus analysts break down Northern Oil and Gas’ Parallax stake and what it reveals about cross-border capital flows and Canada’s competitive energy assets.

Enverus Intelligence® Research Press Release - Haynesville operators calculate remaining growth
Trading and Risk
ByChris Griggs

Transform spreadsheets and scripts into resilient systems with workflow automation in trading for better visibility and governance.

Enverus Press Release - Alternative fuels M&A focus turns from policy boosts to business resilience
Energy Transition
ByCarson Kearl, Enverus Intelligence® Research (EIR) Contributor

Examining NextEra-Dominion utility merger load growth assumptions, demand scenarios and potential regulatory hurdles.

Enverus Press Release - Undo the queue: Enverus acquires Pearl Street Technologies to solve for a more reliable, resilient grid
Energy Market Wrap
ByEnverus

NextEra’s landmark utility merger leads this week’s Energy Market Wrap, alongside Permian dealmaking, LNG expansion and rising infrastructure investment.

Enverus Press Release - Upstream M&A sails on with $30 billion in 2Q24
Minerals
ByHasmik Belich

Prime shale inventory is getting harder to find and more expensive to acquire. The mineral acquisition market is more competitive than it has ever been. Enverus Evaluate and Acquire brings together forecasting, inventory modeling and economic valuation in one connected...

Enverus Press Release - OFS prices expected to bottom out by year’s end
Analyst Takes
ByAl Salazar, Enverus Intelligence® Research (EIR) Contributor

Analysis of Brent crude price impact Strait of Hormuz Canadian energy and why Canada has supply leverage amid geopolitical risk.

Enverus Press Release - Enverus Earns Top Workplaces Honors for Fourth Consecutive Year
Minerals
ByHasmik Belich

MARC is where the minerals and royalty world comes to compare notes. This year, I came away with a clear sense that the macro environment is finally forcing the conversations the industry has been putting off — inventory quality, capital...

Enverus Press Release - Enverus releases inaugural Top US Drillers and customer rankings
Energy Market Wrap
ByEnverus

Deals, IPO activity and LNG growth drive this week’s Energy Market Wrap, alongside rising oil output, midstream expansion and continued carbon project challenges.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Let’s get started!

We’ll follow up right away to show you a quick product tour.

Sign up for our Blog

Ready to Subscribe?

Ready to Get Started?