Oklahoma City-based Continental Resources filed a petition on May 1st, in District Court in Oklahoma County, alleging that multiple defendants and former...
The number of drilled but uncompleted wells in the United States continues to climb Source: U.S. Energy Information Administration, Drilling Productivity Report The number...
Ventana Exploration and Production II (VEP II) recently received a new round of equity capital from an affiliate of Starwood Capital Group...
By KEVIN D. WILLIAMSON – The National Review –The United States is producing beaucoup natural gas — you knew that. But do you...
(Reuters) – Pioneer Natural Resources Co beat Wall Street estimates for quarterly profit on Monday, and said it sold its Eagle Ford...
By Jack Money – NewsOK — Continental Resources reported Monday it earned a first-quarter net income of $187 million, or 50 cents...
Jordan Blum, Houston Chronicle — ST. FRANCISVILLE, La. — A row of pink azaleas and centuries-old live oaks lead to the Catalpa...
(Reuters) – Anadarko Petroleum Corp, the U.S. oil and gas exploration and production company that agreed this month to sell itself to...
By: Jordan Blum – Houston Chronicle – Houston’s Occidental Petroleum is upping its offer to buy Anadarko Petroleum, creating a public bidding...
(Reuters) – Oil and gas producer Apache Corp. said April 23 it temporarily halted production at its Alpine High assets in the...
Energy stocks remain under pressure, tracking weaker broader index futures and recent downward trends amid expectations of further Fed tightening. Nonfarm payrolls for June increased 209,000, while the unemployment rate was 3.6%, the Labor Department reported this morning. The figure missed expectations of +240,000. Futures erased some losses on this news, which offers some dovish readthroughs for the Fed, though hike expectations remain the likely outcome for at least the next meeting. Sector news flow is light.
Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand resulted in a larger-than-expected fall in U.S. oil stockpiles, offsetting fears of higher U.S. interest rates. U.S. crude stocks fell more than expected and gasoline inventories posted a large draw, the EIA said on Thursday. Top oil exporters Saudi Arabia and Russia this week have also announced fresh output cuts bringing total cuts by OPEC and its allies to around five million bpd, equating to 5% of global oil demand.
Natural gas futures are higher by a penny, inching higher alongside oil prices
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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