Crude prices fell Friday afternoon as the US added oil rigs for the sixth week in a row, bringing the total rig...
The STACK Meramec play in Oklahoma emerged as a star performer for Continental Resources back in 2016 out in Blaine County, which...
Marathon Oil got off to a hot start in Q1 of 2018. Like its peers, Marathon benefited from strong drilling results across...
On Tuesday, the Oklahoma Corporation Commission announced that it has issued a directive for further reductions in oil and gas wastewater disposal...
SandRidge Energy, in the middle of a proxy battle with its largest shareholder, billionaire Carl Icahn, on Tuesday reported first-quarter production dropped...
Climbing oil prices have helped push a surge in profits and revenues for Continental Resources Inc. in the first quarter, and with...
Grady County, Oklahoma continues to be the most active county in the State with 28 rigs running as of the latest Baker...
The active number of drilling rigs in the United States jumped by 11 this week mainly in the Permian Basin, according to...
Oil company BP PLC, working with Morgan Stanley, is considering an acquisition of some of BHP Billiton Ltd.’s energy assets, Bloomberg reports,...
Sam Karlin with The Advocate, recently reported that Marathon Oil has acquired more than 250,000 net acres in several new plays, among...
Six of the 10 biggest losers on the S&P 500 were in the oil and gas group: Halliburton (HAL) -9%, Marathon Oil (MRO) -8.5%, Devon Energy (DVN) -8.3%, Schlumberger (SLB) -8.2%, APA Corp. (APA) -8%, Diamondback Energy (FANG) -7.4%.
Front-month Nymex crude (CL1:COM) for April delivery finished -5.2% to $67.61/bbl, clsoing below $70 for the first time since December 2021 and capping a 12% drop during the past three sessions; front-month May Brent crude (CO1:COM) closed -4.8% to $73.69/bbl.
Also, U.S. front-month Nymex natural gas (NG1:COM) for April delivery ended -5.2% to $2.439/MMBtu.
U.S. stocks ended lower Wednesday, with the Dow Jones Industrial Average falling almost 300 points, as concerns over troubled Credit Suisse Group CS added to worries about the banking system. The Dow DJIA closed 0.9% lower, while the S&P 500 SPX shed 0.7% and the technology-heavy Nasdaq Composite COMP edged up around 0.1%, according to preliminary data from FactSet. The Swiss National Bank said Wednesday that it will provide liquidity to Credit Suisse “if necessary.” The S&P 500’s financial sector slumped 2.8% Wednesday, one of the index’s worst-performing sectors along with energy and materials and industrials.
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
A key hearing is set for this Friday in Big Spring, Texas, in a...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
Have your oil & gas questions answered by industry experts.