By: CNBC – Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an...
By: Reuters – Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while...
Story By Chris Matthews |Hart Energy| Kimbell Royalty Partners anticipates hitting record oil and gas production this year after completing an acquisition...
‘I’ve always told people there is nobody who can really pick the market on a short-term or an intermediate-term basis. Maybe I...
Story By Jerry Bohnen |OK Energy Today| Oklahoma City’s Continental Resources Inc. revealed more recent success in its oil and gas exploration...
‘Increasing the debt limit the way Congress and presidents have repeatedly done, and most likely will do this time around, will mean...
[Bloomberg] Russia’s fuel-oil suppliers are on track for record exports to China this month as smaller refineries in the Asian nation increase...
Story by Patrick McGee | Hart Energy | Dallas-based Pearl Energy Investments has closed a $705 million fund to target oil and...
Next week, two pristine drilling rigs, valued at $40 million and $30 million respectively when constructed in 2019, are set to go...
Story By Steve Zurier | SC Media | Twenty-seven percent of CISOs at oil and gas companies say that dark web activity...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. Oklahoma lost 1 rig, down to 43 rigs now running.
The total oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24, the lowest since January 2022. Baker Hughes said that puts the total rig count down 111, or 16%, below this time last year.
Oil rigs were unchanged at 497 this week, while gas rigs fell by four to 99, their lowest since October 2021.
That cut the rig count in several states and one basin to their lowest levels in years.
In Texas, the state with almost half of the country's operating rigs, the count fell by three to 287, the lowest since February 2022, while in West Virginia, drillers cut two rigs, leaving just six active units, the lowest since August 2020.
In the Marcellus in Pennsylvania, West Virginia and Ohio, the nation's biggest shale gas-producing basin, the rig count fell by three to 26, the lowest since October 2021.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
Have your oil & gas questions answered by industry experts.