Story by Mella McEwen |Midland Reporter-Telegram| Analysts watching the frac spread count – the number of pressure pumping equipment crews at work...
Story By Hannah Grover | NM Political Report | A recent uptick in natural gas prices has made it more profitable to...
Scott DiSavino [REUTERS] U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week...
By: Reuters – Britain’s windfall tax on oil and gas producers will not be applied if prices drop below certain levels for...
By Chris Matthews |Hart Energy| In a rare natural gas deal, a private investor group led by family offices has taken ownership...
The international engineering company Wood Group has expanded its oil and gas business and dramatically shrunk its renewables operations after receiving a...
By: New York Times – For most of the last six years, the leaders of Russia and Saudi Arabia worked with each...
Story by Jerry Bohnen, OK Energy Today|. While Oklahoma’s oil and gas rig numbers are seemingly in a constant rate of decline...
In a significant development, the European Commission declared on Monday that it has chosen not to extend the emergency measures put into...
Story By Chris Mathews |Hart Energy| Oil and gas mineral and royalty players are adjusting the value markers of potential M&A transactions...
Pressure-pumper Liberty Energy Inc. has followed rig operator Helmerich & Payne (H&P) in U.S. wildcatters Bryan Sheffield and Dick Stoneburner’s development of Australian shale.
Liberty invested US$10 million in Australia-brd Tamboran Resources and plans to send a frac fleet to the play in the Beetaloo Basin next year in northern Australia south of Darwin, Tamboran reported.
Liberty’s entry rounds out the upstream portion of Tamboran’s plan to develop the basin’s Marcellus-like rock—the Mid-Velkerri B—providing frac services in well completion post-H&P drilling.
The frac fleet is expected to arrive in 2024. H&P sent a modern rig, a FlexRig 3, to the play earlier this year.
First responders, the Midland Police Department and the Midland Fire Department were called to a fire located inside the historic Petroleum Building in downtown Midland during the evening hours on Monday.
According to reports, the fire was on the ninth floor of the building. The building owner, David Arrington, said that there were no injuries reported during the incident.
T. S. Hogan, a Montana attorney, rancher and oilman, came to the Permian Basin in 1925 and became active in the oil business. In 1927, Hogan announced the construction of the Petroleum Building.
The Petroleum Building was designed by the Fort Worth architect Wyatt C. Hendrick and completed in 1929. The building has long played a significant role in the history of Midland, as well as casting a significant role in the development of the city.
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President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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