Jordan Blum – Houston Chronicle – The oil and natural gas industry is turning to artificial intelligence technology to save billions of...
Global Oil Giants– the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to...
Jordan Blum, Houston Chronicle — The U.S. shale industry is finally learning to live within its financial means, shrinking to survive amid...
Camille Erickson~ Casper Star Tribune – Responding to a historic influx of drilling requests, Wyoming’s Oil and Gas Conservation Commission voted Tuesday to...
EIA OIL AND NATURAL GAS REPORT Global liquid fuels oil Brent crude oil spot prices averaged $60 per barrel (b) in October,...
Rachel Adams-Heard – Bloomberg – Billionaires are circling the distressed U.S. oil and gas patch, looking to pick up assets on the...
Simon Flowers – Forbes – Buying oil and gas assets in a downturn – it’s been a golden opportunity that’s been readily...
Denver Business Journal – Colorado is approving less than half the number of oil and gas well locations and new drilling permits...
By Liz Hampton – Reuters —The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks...
The Wall Street Journal – After pushing U.S. oil and natural-gas shale production to record levels, some shale companies are doing the...
U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The total rig count is down 97, or 14%, below last year.
The total oil and gas rig count, an early indicator of future output, fell by four to 590 in the week to June 14. Oil rigs fell by four to 488 this week, which was also their lowest since January 2022, while gas rigs were unchanged at 98, the lowest since October 2021.
In Texas, the state with almost half of the country's active rigs, the total count slid by 2 to 285, the lowest number of rigs operating in the state since January 2022. Oklahoma dropped 1 rig, now at 37 rigs turning to the right.
Baker Hughes said the total rig count is down 97, or 14%, below last year.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The race to lower costs and accelerate production timelines in the Permian Basin has...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
Have your oil & gas questions answered by industry experts.