Sam Karlin with The Advocate, recently reported that Marathon Oil has acquired more than 250,000 net acres in several new plays, among...
Tecolote Energy, LLC, (“Tecolote”) a private oil and gas exploration and production company based in Tulsa, OK, announced on May 1st, record...
Oklahoma City-based and U.S. oil and gas producer Devon Energy Corp (DVN.N) raised its annual production forecast on Tuesday, saying it expected total...
The 2018 Oklahoma NARO convention is being held in Oklahoma City, with topics on mineral management, estate planning, and lease negotiations. Activities...
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Marathon Petroleum merges with Andeavor Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the...
Rig Count: The Cana Woodford Basin in Oklahoma added nine rigs over the week. The U.S. oil drilling rig count rose for...
As far back as I can remember I’ve always heard that as a mineral owner you always want to take the highest...
Longpoint Minerals II, Llc, Limited Liability Company just filed Form D announcing $334.95 million equity financing. This is a new filing. Longpoint Minerals...
A cluster of earthquakes in Oklahoma earlier this month helped push the state to 62 temblors this year alone of magnitude 3.0...
U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
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