As we march into 2018, let’s start by taking a look back at Oklahoma O&G activity during 2017. At Oseberg, we believe...
ALBUQUERQUE, N.M. (AP) — Thanks to more barrels of oil production being pumped monthly from the Permian Basin, New Mexico is among...
Oklahoma down 2, now at 121; U.S. Rigs fall by 5 U.S. energy companies this week cut oil rigs for the first week...
Updated August 27, 2019. U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals...
In 2017, oil prices recovered significantly. Posting its second annual gain in a row, the commodity closed 2017 up more than 12%. The U.S....
Penn Virginia Corp. (NASDAQ: PVAC) will expand its core position in the Eagle Ford Shale with an $86 million bolt-on acquisition, the Houston-based...
As the price of oil rises, heavily-hedged shale producers may find it harder to meet investor demands for payback, boosting the value...
A surge in demand for frac sand brought a wave of company announcements this year of plans to build sand mines in...
OKC based Chaparral Energy, Inc. announced today that it has entered into a definitive purchase agreement to acquire acreage in Kingfisher County,...
Now that Christmas has come and gone, and my stomach somehow remains full from all the pecan pie and sweet potatoes I...
The energy sector is off to a higher start, supported by strength in the underlying commodities and in the broader markets. The major market indices edged higher ahead of the Federal Reserve policy meeting this week and on Q2 earnings which will allow investors to gauge the impact of a strong dollar and high inflation.
WTI and Brent crude oil are up in early trading as supply fears outweighed concerns over future aggressive rate hikes which would put a dent in demand. A weaker dollar combined with gains in the broader markets is also adding support to oil futures. European leaders are set to discuss a revised proposal where EU countries would cut gas use by 15% from August to March, in an effort to prepare for a winter of uncertain energy supplies. The European Union is expected to strike a deal on Tuesday. A repaired gas turbine will be installed in the Nord Stream 1 pipeline once it is returned after maintenance, and natural gas will then be supplied in "corresponding volumes", a Kremlin spokesman said on Monday. The Nord Stream 1 pipeline has only been operating at a 40% capacity since it resumed gas flows.
Natural gas futures rose this morning on forecasts for hotter weather and higher demand next week than previously expected.
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
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