PMO Wells and Activity Summary

Industry news recent coverage mentioning Petromax Operating Co

• Why $90 Oil Isn’t Bringing Back the Rigs
  Apr 16, 2026
  Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital discipline. It is structural. A meaningful… Read full article on ShaleExperts →
• These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
  Apr 15, 2026
  In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred roughly 27% of Haynesville Shale output… Read full article on ShaleExperts →
• Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
  Apr 15, 2026
  The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to just 7 major transactions), the total deal value skyrocketed… Read full article on ShaleExperts →
• Western Canada Upstream M&A: Q1 2026 Transaction Report
  Apr 11, 2026
  Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$ . However, transaction volume remained resilient with a 150% increase in… Read full article on ShaleExperts →
• Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
  Mar 23, 2026
  Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market economics and wartime urgency: the price spike is… Read full article on ShaleExperts →

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