As it ages, the Permian Basin is producing more water, gas, and less oil and may be nearing peak output. By Shariq...
The oil and gas industry enters the second quarter of 2025 with cautious optimism. Production remains steady, particularly in the Permian Basin...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the state’s leadership in the global energy sector. Surpassing...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors, energy companies in the Federal Reserve’s 11th District...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by the Stratas team late Monday, the company revealed that,...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside the OPEC+ alliance, especially if Brent crude falls...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil industry. Any country that continues to buy oil...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy, such as wind and solar, comes with a...
The United Arab Emirates is making a major financial play in the United States, announcing a $1.4 trillion investment framework over the...
U.S. energy firms this week added oil and natural gas rigs for the fourth time in five weeks as production growth slows despite relatively high oil prices.
The total oil and gas rig count, an early indicator of future output, rose seven to 769 in the week to Oct. 14, returning to its highest since March 2020 after slipping for the past couple of months.
U.S. oil rigs rose eight to 610 this week, their highest since March 2020, while gas rigs fell one to 157, their lowest since July.
Front-month Nymex natural gas (NG1:COM) for November delivery settled -4.3% to $6.4530/MMBtu, wrapping up an eighth straight weekly decline, during which losses have surpassed 30%; U.S. natural gas is still up 73% YTD.
Natural Gas Thread - Highlights from the EIA Outlook
2023 U.S. natgas production was revised down 0.8 bcf/d vs. last month (or -1%). Despite high NYMEX prices, associated gas from revisions to U.S. oil production looks like one of the key factors #naturalgas /1 pic.twitter.com/YrD8jEoiT8
— Jeremy McCrea, CFA (@JeremyMcCreaCFA) October 13, 2022
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
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...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
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