Chesapeake Energy Corp. (NYSE: CHK) on Oct. 30 announced a blockbuster deal for WildHorse Resource Development Corp. (NYSE: WRD) worth nearly $4 billion the...
Continental Resources Earnings Estimates: Analysts expect Continental Resources earnings to soar 800% to 81 cents per share with revenue up 66.7% to $1.21 billion....
The Texas oil field boom, sometimes called the gusher age, was a period of dramatic change and economic growth in the U.S. state of...
(Bloomberg Opinion) — U.S. crude oil production is on track this year to blast through the all-time annual record of 3.52 billion barrels set in...
HOUSTON (Reuters) – Felix Energy LLC, a closely held Denver-based oil producer with operations in the largest U.S. shale field, is exploring...
David Blackmon Contributor, Forbes. ~On Friday, Secretary of Energy and former Texas Governor Rick Perry traveled to San Antonio to participate in the...
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If a landowner wishes to benefit financially from minerals lying below the surface, the owner can split or sever the property into...
HOUSTON/NEW YORK (Reuters) – Blackstone Group has agreed a deal to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole...
It would be hard to have not seen the news about the recent disappearance of Saudi citizen and dissident reporter Jamal Khashoggi,...
The combined oil and gas rig count, an early indicator of future output, fell by 10 to 566 in the week to May 23. That 10-rig reduction was the biggest weekly decline in total rigs since September 2023. It was also the first time since September 2024 that drillers reduced the number of rigs operating for four weeks in a row..
Oil rigs fell by eight to 465 this week, their lowest since November 2021. Gas rigs fell by two to 98, their lowest since last month.
In the Eagle Ford Shale in South Texas, drillers cut four rigs, bringing the total down to 42, the lowest since December 2021.
In the Permian Basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale formation, drillers cut three rigs, bringing the total down to 279, the lowest since November 2021.
New Mexico, drillers cut two rigs, down to 92, North Dakota, drillers cut two rigs, down to 30, in Texas, drillers cut five rigs, down to 266, and Oklahoma lost 2 rigs, down to 53 rigs.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
Trying to catch up in oil and gas production is difficult enough. It becomes...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
(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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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