Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. U.S. benchmark...
Argus Media is reporting that US independent producers are stepping up hedging of oil and natural gas production as a safety net...
U.S. oil and gas companies are beginning to open their wallets wider given higher commodity prices. According to a report out last week from...
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling output from Iran will tighten markets once U.S. sanctions...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. The US...
OKLAHOMA CITY – St. Gregory’s University sold off a chunk of its assets and mineral rights for about $10.2 million in a...
The SCOOP (South Central Oklahoma Oil Province), like the STACK, lies in the Anadarko Basin, adjacent to and southeast of the popular...
For Marathon Oil, the primary focus in Oklahoma has been delineation and leasehold protection in the Meramec play in the STACK and...
HOUSTON–(BUSINESS WIRE)–Aug 20, 2018–Post Oak Energy Capital, LP (“Post Oak”), through investment partnerships it manages, today announced that it led a $100...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. U.S. energy...
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to February 14.
Despite this week's rig increase, Baker Hughes said the total count was still down 33 rigs, or 5% below this time last year.
Baker Hughes said oil rigs rose by one to 481 this week, while gas rigs gained one to 101.
The oil and gas rig count declined by about 5% in 2024 and 20% in 2023 as lower U.S. oil and gas prices over the past couple of years prompted energy firms to focus more on paying down debt and boosting shareholder returns rather than raising output.
Top oilfield services provider SLB is restructuring certain business functions and expecting more job cuts, according to a source familiar with the matter and an internal email seen by Reuters.
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By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
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