By: Eklavya Gupte – S&P Global Platts – Global investment bank JPMorgan Chase, which is one of the largest financiers to the...
By: Sara Sneath – The New Orleans Advocate – The Louisiana House of Representatives has unanimously passed a bill to exempt oil...
By: Adrian Hedden – Carlsbad Current-Argus – Smaller oil and gas operators could be unfairly burdened by the State of New Mexico’s recently...
By: Mary-Ann Russon – BBC – The Colonial Pipeline carries 2.5 million barrels a day – 45% of the East Coast’s supply...
By: Starr Spencer – S&P Global Platts – Marathon Oil is returning to limited operations in Oklahoma and the Permian Basin’s western...
By: Reuters – (EQT.N), the largest U.S. natural gas producer, said on Thursday it will buy Appalachian basin rival Alta Resources for $2.93...
By: Ashton Eley – El Dorado News Times – Nearly 80% of Arkansas’ more than 47,300 oil and gas wells sit spent...
By: David Blackmon – Forbes – A recent report by the consulting/analytical firm Wood MacKenzie projects what would appear to be devastating impacts on...
By: Jack Money – The Oklahoman – You can pay me now or pay me later for the energy you use. That’s...
By: Shariq Khan – Reuters – Chesapeake Energy Corp (CHK.O), which exited bankruptcy in February, is working with two banks on a...
$MSFT earnings on Tuesday, $AMZN on Thursday...
Will they follow in $TSLA's footsteps? 🩸 pic.twitter.com/Qra3eWhtLl
— TrendSpider (@TrendSpider) October 21, 2023
Oct 20 (Reuters) U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since mid-September, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose two to 624 in the week to Oct. 20th. Despite this week's rig increase, Baker Hughes said the total count was still down 147, or 19%, below this time last year. U.S. oil rigs rose by one to 502 this week, while gas rigs also gained one to 118.
In the Haynesville shale in Arkansas, Louisiana and Texas, gas drillers this week added three rigs, boosting the total to 40. That was the first increase in the Haynesville since early July and the biggest increase since December 2022. A year ago, there were 70 rigs operating in the Haynesville.
U.S. oil futures were up about 12% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
A key hearing is set for this Friday in Big Spring, Texas, in a...
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
In the last 24 hours, tensions in the Middle East have entered a new...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
A-list actors are turning their attention to Wall Street, and this time, the plot...
Tucked into a sweeping fiscal package backed by President Donald Trump, Senate Republicans are...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Amid rising global tensions following U.S. strikes on Iranian nuclear sites, former President Donald...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
Have your oil & gas questions answered by industry experts.