By Brandon Evans, S&P Global Platts, Denver — Operators in the SCOOP/STACK have shed about a quarter of rigs in the play...
By Liam Denning – (Bloomberg Opinion) — A big deal in the Permian basin should be cause for fanfare in oil and gas...
By Nilanjan Choudhury, Zacks – For several years now, the Permian basin has been considered the most significant shale field in the...
By Kyla Asbury | Jul 10, 2019 – West Virginia Record – CHARLESTON — The West Virginia Supreme Court of Appeals sided with the Mass...
By Marione Martin, The Alva Review-Courier –The future of oil production in Woods and nearby counties lies in keeping costs low to...
By Jordan Volino, Contributor – With the advent of horizontal drilling and the ability to stack lateral wells, it is becoming increasingly...
By Jordan Blum – Houston Chronicle –Canada’s Encana Corp. bought The Woodlands-based Newfield Exploration earlier this year, and now Encana will sell...
WSJ – By Bradley Olson Updated July 4, 2019— Two years ago, Encana Corp. unveiled a supersize fracking operation that many said would...
By Katherine Dunn – Fortune – When the U.S. and Russia go head to head, that can mean cheaper prices—at least when it...
By James Jang – Energent – For the many analysts and investors who monitor the energy sector activity, drilled-but-uncompleted well (DUC’s) counts are an...
The energy sector is poised for a higher start, supported by strength in the underlying commodities even as the major market indices are trading lower following yesterday’s rally. U.S. stock futures edged lower as investors remain worried about aggressive monetary policy tightening and slowing economic growth after digesting comments from Federal Reserve Bank Chair Jerome Powell.
WTI and Brent crude oil futures are up in early trading on expectations that China will be easing COVID-19 restrictions put in place to combat infection rates which will increase demand as supply concerns linger. After seven weeks of being locked down, Shanghai authorities have granted approval to 864 of the city’s financial institutions to resume work. The move is part of the financial hub’s plan to reopen broadly and allow normal life to resume after the lockdown was enacted. Supply concerns are increasing as Russian crude output in April fell by roughly 9% from the previous month due to sanctions imposed on Moscow for their invasion of Ukraine. This is the steepest fall in the country’s output since the one that occurred after the collapse of the Soviet Union in the 1990s.
Natural gas futures inched up on forecasts for warmer weather, higher cooling demand and supply concerns.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
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