Story By Arathy Somasekhar HOUSTON, (Reuters) – U.S. oil pipeline and export terminal operators are stepping up quality checks on WTI Midland...
Story By Sabrina Valle, Shariq Khan and David French|Reuters| Chevron Corp (CVX.N) said it is evaluating options for around 70,000 net acres of land in East Texas’ Haynesville...
Story By Spencer Kimball |CNBC.com| ExxonMobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation...
By: The Texas Tribune – Attorneys for the city of Midland, the oil capital of Texas, made an unusual request to regulators...
By: S&P Global – Environmental scores indicate that the oil and gas industry’s path to net-zero greenhouse gas emissions is being blazed...
The acquisition from Paloma will add approximately 62,000 net acres spanning across Canadian, Grady, McClain, Caddo, Custer, Dewey, Blaine, and Kingfisher counties,...
Story By Patrick McGee|Hart Energy, via Yahoo News| Reserve-based lending (RBL) is expected to decline as a source of capital for independent...
By- Anastasia Hufham – The Salt Lake Tribune – A new lawsuit targeting Trump-era oil and gas leases in Utah takes aim...
Story By Jennifer A. Dlouhy |Bloomberg, via RigZone.com| A federal judge upheld the Biden administration’s approval of ConocoPhillips’ 600-million-barrel Willow oil development...
By: Erin Douglas – Texas Tribune – A 5.2 magnitude earthquake was recorded in West Texas early Wednesday near the border of...
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
Oil and gas companies have added to the so-called fracklog for the second consecutive...
In Oklahoma, summary administration offers an expedited process for settling estates, which is particularly...
Forced pooling, also known as compulsory pooling or statutory pooling, is a legal mechanism...
In an eye opening move for the energy sector, Houston-based Crescent Energy Co. has...
Story By J. Robinson | S&P Global | US natural gas producers’ commitment to...
Oklahoma Attorney General Gentner Drummond recently announced the termination of the legal team hired...
by Bloomberg| Bloomberg News, via RigZone.com | Russian April exports of crude and petroleum...
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. This strategic...
Story by Jerry Bohnen |OK Energy Today|Ten years after SandRidge Energy had nearly 1,900...
The oil and gas industry stands at a pivotal juncture, navigating through escalating demands,...
Chinese companies have secured a significant number of contracts to explore oil and gas...
In a significant development that has captured the attention of international observers, Russia has...
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