The Haynesville/Bossier Shale, located in East Texas (Railroad Commission of Texas District 6) and Western Louisiana, is a hydrocarbon-producing geological formation capable...
Bobby Magill – Bloomberg – Oil drilling in Nevada is a risky bet—the geology is complicated and drillers say the odds are...
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By Noi Mahoney – Freight Waves– Long before sunrise, Molly Sizer starts her day in West Texas as a professional frac sand hauler. She...
Camille Erickson – Casper Star Tribune – Wyoming’s oil and gas sector is still digesting fresh changes to the state’s drilling regulations....
By: Kiefaber & Oliva, LLP – Title examination is typically characterized by a series of deeds and conveyances, which—unsurprisingly—do not convey property...
Anna Kuchment, Science Writer – Dallas Morning News: When earthquakes first jolted Dallas-Fort Worth residents in the fall of 2008, academic researchers...
Presidio Investment Holdings LLC (“Presidio Petroleum”, “Presidio”, or the “Company”) announced today that it has completed its acquisition of all the oil...
Randy Diamond – San Antonio Express-News: A fight between a pipeline operator and an energy company is putting natural gas flaring, a...
Liz Hampton Reuters – Packers Plus Energy Services, a company built on the North American shale oil boom, is turning to the...
U.S. shale oil producer Diamondback Energy Inc. on Feb. 22 reported higher-than-expected fourth-quarter profit and boosted its dividend to shareholders as fuel prices hit multi-year highs on stronger energy demand.
Global crude prices jumped more than 50% last year, rebounding from a pandemic-driven slump in demand. They averaged $80/bbl in the last three months of 2021, nearly double that of a year earlier.
Diamondback Energy said it would increase its annual dividend by 20% to $2.40 per share, mirroring rivals’ moves to increase shareholder returns as oil profits soar.
Oil edged close to $100 a barrel on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, but pared gains to end near 2014 highs following Western efforts to stop what they fear is the beginning of a full-scale Russian invasion.
Global benchmark Brent crude traded as high as $99.50 a barrel, its highest since September 2014, before settling at $96.84 with a $1.52, or 1.5%, gain.
U.S. West Texas Intermediate (WTI) crude also hit a seven-year high as it peaked at $96 a barrel, before ending at $92.35, $1.28, or 1.4%, higher from Friday. The U.S. market was closed on Monday for a public holiday. (Reuters)
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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