The U.S. Department of Interior has set the date for the nation’s largest oil and gas lease sale. In support of President...
Leasing We have a new player in the top 25 lessees this week: EOG. They recently acquired more than 15,000 gross acres in McClain...
Oklahoma advances 5 up to 123; U.S. Rig Count remains flat The result of no change in the rig count to the...
LONDON/TOKYO (Reuters) – Oil prices stood near a one-week high on Friday as global equities headed for their biggest weekly gain in...
The broader upswing in the equities market also helped crude benchmarks. Russia and Saudi Arabia sign LNG deal. Russia and Saudi Arabia signed several energy...
“U.S. producers are enjoying a second wave of shale growth so extraordinary that in 2018 their increase in liquids production could equal...
The increase in the week to Feb. 9 was the biggest weekly rise since January 2017. More than half of those oil...
Chesapeake Energy (CHK) announced last week its exit from the Mississippian Lime, the play that the company helped to pioneer several years...
As we prepare for Valentine’s Day, our gift to you is not a bouquet of roses or a box of chocolates, but...
The Trump administration is aggressively sweeping aside regulations protecting public land to clear a path for expanded oil and gas drilling. A memorandum from...
U.S. energy firms added oil and natural gas rigs for a second week in a row this week, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count rose by three to 589 in the week to July 26. Despite this week's rig increase, the total count was still down by 75, or 11% below this time last year.
Oil rigs rose five to 482 this week, while gas rigs fell by two to 101.
In the Permian in West Texas and eastern New Mexico, the nation's biggest oil-producing basin and home to more than half the country's rigs, drillers cut one rig, bringing the count down to 304, the lowest since February 2022.
In the Williston in North Dakota and Montana, drillers added one rig, bringing the count up to 36, the highest since June 2023.
In July, total oil and gas rigs rose by eight, their first monthly increase since February and the biggest monthly increase since November 2022.
Oil rigs rose by three in July, putting the count up for the first month since March, while gas rigs climbed by four in their biggest monthly increase since July 2023.
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...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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