Rimrock Resource Partners LLC closed a $150 million acquisition of Scoop assets, the company announced July 28. The acquisition covers approximately 24,500...
U.S. oil futures settled higher on Friday. On the New York Mercantile Exchange, September WTI settled at $41.60 a barrel. The U.S....
On July 28, 2016, Devon Energy Production LP (DVN) filed a Transfer of Operator (Form 1073) with the Oklahoma Corporation Commission (OCC) transferring...
Devon Energy Corporation (NYSE: DVN) has assets in the very best North American resource plays and a deep inventory of opportunities. After initiating...
BHI revealed a weekly climb in the number of active U.S. rigs drilling for oil–the sixth-weekly climb in seven weeks.The number of...
Back in January of this year, Luxe Energy LLC announced it had acquired about 18,000 net acres in the core of the...
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440. A year...
The number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 421, snapping three...
With the equity backing of Natural Gas Partners, HighMark Energy was formed in the fall of 2013 to acquire, develop and produce upstream...
Marathon Oil allocated $1.15 billion to activity in North America for 2016 with the majority focused on the Company’s three U.S. resource...
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.
The oil and gas industry stands at a pivotal juncture, navigating through escalating demands,...
Story by Andreas Exarheas| RigZone.com |In a report sent to Rigzone late last week, analysts...
Story By Geert De Lombaerde |Oil & Gas Journal| Civitas Resources Inc., Denver, has...
Artificial Intelligence (AI) is increasingly pivotal in reshaping various sectors, including oil and gas....
Big Hill is a federally-controlled underground petroleum storage site, one of four in the...
Michigan Attorney General Dana Nessel recently announced her plans to initiate a lawsuit against...
In a significant development that has captured the attention of international observers, Russia has...
Chinese companies have secured a significant number of contracts to explore oil and gas...
Oil and gas companies have added to the so-called fracklog for the second consecutive...
Story by Jerry Bohnen |OK Energy Today|Ten years after SandRidge Energy had nearly 1,900...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum...
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