OklahomaMinerals.com
Oil & Gas News
-
2.0KOil prices collapse to historic lows, as West Texas crude futures drop to negative $37.63
Bloomberg Wire – Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more...
-
7.1K
Weekly Rig Count Update: April 17, 2020
Stay updated on Oklahoma oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. Only...
-
1.9K
Oil Futures Have Dropped Below $12. Crude’s Problems May Get Worse Before They Get Better.
Avi Salzman – Barrons – Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines....
-
4.4K
Oil’s Collapse Is Taking an Entire Oilfield Services Industry Down With It
David Wethe, (Bloomberg) — No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their...
-
2.6K
Joint Interest Billings – Not Paying the Piper
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
-
2.7K
Oil in the age of coronavirus: a U.S. shale bust like no other
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
-
2.3K
Shale Giants Clash Over Oil-Supply Cut to Survive Crude Rout
By: Kevin Crowley & Rachel Adams-Heard at Bloomberg – One of the biggest Texas shale explorers warned it will halt all drilling...
-
3.1K
North America’s Oil Industry Is Shutting Off the Spigot
By Ryan Dezember and Vipal Monga, Wall Street Journal –ENERGY: Canceled orders were mounting when Texland Petroleum LP recently decided to shut in each of...
-
2.1K
Railroads Resist Oil Companies’ Demands for Storage in Rail Cars Citing Safety Concerns
NEW YORK (Reuters) – Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to...
-
2.4K
US crude storage could fill up in May as refinery demand, oil exports plunge 30%
Jordan Blum – S&P Global Platts – HOUSTON — US commercial crude storage could hit its capacity in mid-May as refinery demand and...
