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...
Benchmark U.S. crude oil for March delivery fell 39 cents to $74.37 per barrel Tuesday. Brent crude for March delivery fell 51 cents to $79.55 per barrel.
Wholesale gasoline for February delivery fell 3 cents to $2.21 a gallon. February heating oil was unchanged at $2.69 a gallon. February natural gas rose 3 cents to $2.45 per 1,000 cubic feet.
Halliburton Co., the firm that traces its beginnings to Duncan, Oklahoma, announced this week an increase in its latest quarterly dividend.
The energy sector is off to a mixed-to-lower start, seesawing in early trading amid weakness in the underlying commodities while major equity futures steadied after the Dow and S&P 500 both hit fresh record highs.
In earnings news, Halliburton reported 4Q results that topped analyst expectations, driven by strength in offshore and overseas markets. The company also raised its dividend and reported it returned $1.4 billion of cash to shareholders through stock repurchases and dividends in 2023, representing over 60% of its free cash flow.
WTI and Brent crude oil futures are handing back some of the previous day's strong gains, slipping as traders weigh rising crude supply in Libya and Norway against simmering geopolitical tensions in several regions and domestic production outages. Norway's crude production rose to 1.85 million bpd in December, up from 1.81 million bpd the previous month and beating analysts' forecasts of 1.81 million bpd, according to the Norwegian Offshore Directorate. Meanwhile in Libya, production at the 300,000 bpd Sharara oilfield restarted on Jan. 21 after the end of protests that had halted output since early this month. Supply, however, remains constrained in the U.S. with as much as 20% of North Dakota's oil output still shut as of Monday night. Traders are also still assessing the Ukrainian drone strike on Novatek's Ust-Luga Baltic fuel export terminal yesterday and reports from last night that U.S. and British forces carried out a second joint round of strikes on Houthi positions in Yemen. Attention will start to shift the latest round of inventory reports which will give a clear read on the impact that weather-induced shutdowns over the last week had on production. Analysts expect that U.S. crude oil inventories will fall by about 3 million barrels in the week to Jan. 19.
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
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...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
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