WASHINGTON — With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached a final agreement Sunday on a...
TotalEnergies said that it will sell its stake of 50% in the producing Surmont oil sands asset in Canada to its partner...
By: Reuters – A move by Mexico’s energy regulator to declare some natural gas-fired power as “clean” drew criticism from environmental groups...
May 26 (Reuters) – The U.S. oil and gas rig count fell by 44 this month, the biggest drop in three years,...
In the shadow of the Permian Basin, Citizen Energy, an Oklahoma company busy in the Anadarko Basin, portrayed itself as a “great...
A “generational gamechanger.” ~Stillwater state Rep. John Talley Story By Jerry Bohnen |OK Energy Today| It’s what Stillwater state Rep. John Talley...
BY Pietro Pitts|HART ENERGY|FORT WORTH, Texas – Double Eagle IV has expanded its Permian Basin leasehold to about 40,000 acres and is...
Story By Zoltan Ban. |Seeking Alpha| Investment thesis: Chesapeake (NASDAQ:CHK) seems like a very obvious bet as the US competes for dominance of...
By: CNBC – Saudi Oil Minister Prince Abdulaziz bin Salman on Tuesday told market speculators to “watch out,” reiterating his warning that...
Story By David Uberti |The Wall Street Journal| The U.S. government’s attempt to refill the skyscraper-sized caverns that hold the country’s emergency...
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.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
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...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
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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