James Hackett is taking back the reins at Alta Mesa Resources Inc., the Oklahoma-focused shale producer that’s seen its market value drop from...
Ok. I’ll admit I have never been a big Bruce Lee fan, but, while gathering inspiration for this update on STACK pilot...
Estimates Include 46.3 Billion Barrels of Oil, 281 Trillion Cubic feet of Natural Gas, and 20 Billion Barrels of Natural Gas Liquids...
Washington Examiner — OPEC agreed on Friday to an oil production cut of 1.2 million barrels per day in an effort boost...
Hailing from opposite ends of the ideological spectrum, George Kaiser and Harold Hamm have each invested heavily in the Sooner State. By Ben...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. It appears a dip in oil prices has affected...
Occupational licensing in the United States is on the rise. It has been estimated that up to 25% of jobs now require...
(Reuters) – WhiteWater Midstream LLC is exploring a sale that its private equity owners hope will value the U.S. oil and gas...
Nov 30 (Reuters) – U.S. crude oil output hit a new all-time high of 11.5 million barrels per day in September, according...
Idaho’s oil and gas regulators agreed to a settlement Wednesday with a Texas oil producer Alta Mesa for failing to comply with...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
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...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
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...
(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...
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...
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