Leases Continental Resources remains the most active operator in terms of leases and continues to increase their position in the SCOOP; look...
E&P companies deployed more drilling rigs across U.S. oil fields this week as crude prices pushed to levels not seen in more...
Investing.com – Oil prices ended Friday’s session close to their strongest level since late 2014, amid ongoing optimism that OPEC-led output cuts...
Since 2010, the United States has been in an oil-and-gas boom. In 2015, domestic production was at near-record levels, and we now...
We began our STACK coverage in March of last year by focusing on the work of pilot well programs. Its been nearly...
QUINTON — Five workers were missing after a drilling rig explosion west of Quinton Monday morning, creating fires that burned for hours...
Highlights from this week’s report: 2018 is off to a hot start with over 250 transfers so far in the month of...
West Texas’ surging Permian Basin continues to add new drilling activity, but that didn’t stop the nation’s overall oil rig count from...
Financial Times ~ It has been a tough three years for the oil and gas industry. It battened down the hatches in...
Crude oil prices were largely unchanged near recent highs in early dealings on Monday, as the market weighed rising U.S. drilling activity...
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.
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
A key hearing is set for this Friday in Big Spring, Texas, in a...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
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...
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.