By Bob Campbell, Odessa American, Texas – If the energy industry would quit firing all its employees at the first sign of...
By: Adrian Hedden – Carlsbad Current Argus – As gas production ramps up again New Mexico’s Democrat leaders in Congress urged the...
By: Brian Maffly – Salt Lake Tribune – There were just three rigs drilling in Utah’s oil and gas fields last January...
By: J. Robinson & Kelsey Hallahan – S&P Global Platts – As Appalachia’s natural gas markets turn increasingly bullish, one of the...
By: Barry Po – Forbes – The winds of change are howling in the world of heavy industry. If there were any...
By: Alex Mills – Abilene Reporter News – Natural gas prices broke through the $4 per thousand cubic feet (Mcf) level this...
By: Cathy Bussewitz and Martha Irvine – AP – Rusted pipes litter the sandy fields of Ashley Williams Watt’s cattle ranch in...
By: Paul Takahashi – Houston Chronicle – Lime Rock Resources plans to buy oil and gas wells in West Texas for $508.3...
By: Reuters – Oil prices steadied on Monday after a choppy session as the spread of the COVID-19 Delta variant stoked fears...
By: EIA – Natural gas pipeline exports from the United States to Mexico surpassed 7 billion cubic feet per day (Bcf/d) on...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
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...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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