OklahomaMinerals.com
Oil & Gas News
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3.1K100,000 jobs lost in U.S. oil and gas industry
Houston Chronicle – More than 100,000 U.S. oil and gas jobs have been lost during the economic downturn brought on by the...
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2.0K
Drilling investments forecast to hit 15-year low
Houston Chronicle – Global spending on oil and gas drilling this year is forecast to fall to the lowest level in 15...
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Natural gas supply from Oklahoma to Upper Midwest plummets
S&P Global Platts – Natural Gas is on the move as the massive drawdown in active rigs in Oklahoma’s SCOOP/STACK plays has...
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Permian Basin still leading U.S. oil and gas, market shows signs of recovery from COVID-19
Adrian Hedden – Carlsbad Current Argus – Oil and gas in the Permian Basin could be headed for recovery as prices rebuild...
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Chesapeake preps bankruptcy plan to hand control to lenders
Bloomberg – Chesapeake Energy is preparing a potential bankruptcy filing that could hand control of one of the leading lights of the...
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Weak Demand Pushing Oil, Gas Toward ‘Terminal Decline’: Report
Barrons – Falling fossil fuel demand coupled with mounting risk for investors could slash the value of oil, gas and coal reserves...
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Production returning to U.S. Shale as oil prices turn higher
Reuters – U.S. shale oil producers are reversing production cuts as prices recover from historic lows, underscoring shale’s ability to quickly adjust...
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The Oil Price Collapse Is Already Over
Forbes – Oil is back. The collapse in the global oil price at the start of the Coronavirus crisis got many headlines,...
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OPEC’s Next Hurdle: the Billion-Barrel Oil Glut Left by Covid-19
Bloomberg – While OPEC has helped global oil markets recover from the coronavirus crisis, the cartel will soon face a new challenge:...
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America’s Oil And Natural Gas Investments Must Continue Apace
Forbes – As our energy-environment discussion marches on amid the pandemic, one of our biggest concerns must be that temporary fallen demand...
