Adam Humphreys
Founder and Editor, Oil Authority
Calgary, Alberta
Adam Humphreys is the founder and editor of Oil Authority. He brings hands-on oilfield experience — conventional drilling, top drive, coil tubing, directional drilling, pressure testing, and pipeline tie-ins worked across Southern Alberta and Saskatchewan, from Grande Prairie south to Val Marie — combined with more than fifteen years building digital platforms through Making 8 Inc, his Calgary-based digital transformation agency.
He covers oil and gas markets, drilling activity, mergers and acquisitions, pipeline and midstream, LNG, and energy policy. Editorial direction at Oil Authority emphasizes specific dollar figures and barrel counts over vague language, primary sources over rewrites, and respect for the people working in the industry.
Areas of Focus
Articles by Adam
Original reporting and analysis written or edited by Adam Humphreys.
BP Cuts Net Debt by $7.8 Billion in Q3, Hitting 2027 Balance Sheet Target 15 Months Early as Gas Trading Surges
BP expects Q3 2026 net debt to plunge $7.8 billion to $13.5B, beating its 2027 balance sheet target by 15 months as gas marketing surges past Q2.
Prices & MarketsOct 13, 2026Goldman vs. BMI: $20 Geopolitical Premium Splits Brent Outlook After Monday's $106 Settlement
Goldman targets $90 Brent by December while BMI holds $100-plus for months. Monday's $106 settlement and $20 geopolitical risk premium divide Wall Street.
Prices & MarketsOct 12, 2026Devon Energy Sells 68,000-Boed Eagle Ford Position to Crescent for $4.2 Billion, Completing Post-Coterra Delaware Basin Reset
Devon sold 68,000 boed of Eagle Ford shale to Crescent for $4.2B at $61,765 per flowing barrel, completing its post-Coterra Delaware Basin portfolio reset.
Mergers & AcquisitionsOct 11, 2026EU Gas Storage at 73 Percent Risks Sub-30 Winter Floor as Henry Hub-TTF Spread Reaches $23 Per MMBtu
EU gas facilities at 73% capacity, with network operators warning of a sub-30% winter floor, while TTF at $26/MMBtu opens a $23 per MMBtu gap over Henry Hub.
LNG / Natural GasOct 10, 2026Baker Hughes: US Oil Rigs Hit 17-Month High at 462 as Permian Climbs to 274, WCS Discount Widens to $25.55
US oil rigs rose to 462, a 17-month high, as the Permian added 4 to 274, while WCS crude's $25.55 discount to WTI reached its widest since 2023.
Prices & MarketsOct 9, 2026Brent Crude Settles at $104.28 as Hurricane Isaias Shuts In 1.28 Million bpd of Gulf Oil and Hormuz Attacks Hit Daily Pace
Brent crude settled at $104.28/bbl Thursday as Hurricane Isaias shut in 63% of Gulf of Mexico oil and Iran's Hormuz attacks hit a daily pace.
Prices & MarketsOct 8, 2026Hess Midstream Buys Chevron's DJ Basin Crude Assets and GP Stake for $200 Million, Becoming Fully Independent
Hess Midstream acquires Chevron's DJ Basin assets for $200M, cutting units by 40%, as Chevron books a $3B-$4B loss and halves its Bakken midstream costs.
Mergers & AcquisitionsOct 7, 2026Cenovus Acquires Athabasca Oil for C$5.7 Billion, Paying US$91,111 Per Flowing Barrel for Leismer and Corner SAGD Assets
Cenovus pays US$91,111 per flowing barrel for Athabasca Oil's Leismer and Corner SAGD assets, accelerating the Corner project three years in a C$5.7B deal.
Mergers & AcquisitionsOct 6, 2026Centalion Pays $1.5 Billion for Silver Hill's 300 MMcfd Haynesville Gas Package in Second 2026 Basin Deal
Centalion paid $1.5B for Silver Hill's 300 MMcfd Haynesville position days after rebranding from Gunvor, per WSJ, valuing each Mcfd at $5,000.
Mergers & AcquisitionsOct 5, 2026Baker Hughes US Rig Count Falls to 598 as Gas Drilling Retreats from 3-Year High and WTI Settles at $91.11
US drilling rigs slipped to 598 as gas rigs fell for the second straight week from a 3-year high, even as WTI crude settled at $91.11 Friday.
Drilling & CompletionsOct 4, 2026Tamarack Valley and Headwater Exploration Agree C$10 Billion Merger to Create Canada's Largest Clearwater Oil Producer
Tamarack Valley and Headwater merge for C$10B to form Canada's top Clearwater oil producer, targeting 80,000 boe/d at a $37/bbl free-cash-flow breakeven.
Mergers & AcquisitionsOct 3, 2026G7 100-Million-Barrel Reserve Release Pushes Brent Below $100 as US Gas Rigs Drop to 133
G7 releases 100 million barrels from strategic reserves, dragging Brent crude to $99.68 per barrel, its first sub-$100 settle since September.
Prices & MarketsOct 2, 2026UAE Quits OPEC May 1 After Five Decades, ADNOC's 4.8 Million bpd Capacity Strips Cartel of Third-Largest Producer
UAE walks out of OPEC May 1 after five decades. ADNOC's 4.8 million bpd capacity strips the cartel's third-largest producer as Hormuz crisis masks shock.
Regulations & PolicyApr 28, 2026Alberta Tables 120-Day Fast-Track Approvals as Ottawa-Edmonton Alliance Signals New Era for Canadian Energy Investment
Alberta's Bill 30 slashes project approvals to 120 days as Carney and Smith unite on a pipeline MOU that could double oil output by 2035.
Regulations & PolicyApr 16, 2026