FORT WORTH, Texas–(BUSINESS WIRE)–Feb 11, 2019–Pegasus Resources, LLC (Pegasus), a mineral and royalty company based in Fort Worth, Texas, announced today that...
FORT WORTH, Texas, Feb. 7, 2019 /PRNewswire/ — Kimbell Royalty Partners, LP (NYSE: KRP) (“Kimbell Royalty Partners” or “Kimbell”), a leading owner of oil and natural gas...
Denver — As natural gas production volumes in the SCOOP/STACK struck a record high this week, operators in the Oklahoma play are indicating...
Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now...
The US Unconventional industry continues to see increasing completion intensity per well. This is driving spectacular production growth but there are hints...
Chesapeake Energy Corporation and WildHorse Resource Development Corporation jointly announced today the preliminary results of the elections made by holders of shares...
S&P Global Platts, Houston — Continental Resources projects its latest showcased oil play, known as Project SpringBoard and sited in Oklahoma, alone will...
By Mike Hughlett Star Tribune –Time is getting tight for Enbridge to break ground on its controversial $2.6 billion crude oil pipeline across northern...
Permian Strategic PartnershipReuters –Former U.S. Commerce Secretary and energy executive Don Evans will chair a partnership of oil and gas firms that...
Toby Darden stomped on the ATV’s gas pedal, carving through blustery winds to reach the far northern corner of his 37,000-acre Permian...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a ninth week in a row for the first time since July 2020, energy services firm Baker Hughes Co said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, fell by 8 to 674 in the week to June 30, the lowest since April 2022.
Baker Hughes said that puts the total rig count down 76 rigs, or 10%, below this time last year.
U.S. oil rigs fell by one to 545 this week, their lowest since April 2022, while gas rigs fell 6 to 124, their lowest since February 2022.
U.S. stocks closed higher Friday, ending the month strong and the first half of 2023 with robust gains as a long-anticipated economic recession failed to materialize.
The Dow Jones Industrial Average DJIA, +0.84% rose about 283 points Friday, up 0.8%, ending near 34,405. It gained 4.6% in June and 3.8% in the last six months, its best first half since 2021. The S&P 500 index SPX, +1.23% rose 1.2% Friday, 2.3% in June and 15.9% in the first half, its best start to a year since 2019. But the Nasdaq Composite Index was the standout, gaining 1.5% on Friday and 31.7% in the first half of 2023, which was its best first half since 1983, according to Dow Jones Market Data.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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