The nation’s drilling rig count rose slightly this week as crude inventories are falling and U.S. oil exports are on the rise....
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...
As Chevron Corp markets its Duvernay shale assets, the U.S. oil major is most likely to find a buyer among a handful of mid-sized Canadian firms that are boosting investment in a region that has yet to fulfill its potential, analysts say.
The play is situated in west-central Alberta and currently produces nearly 200,000 barrels of oil equivalent per day (boepd), according to consultancy Wood Mackenzie. It is much smaller than the nearby Montney shale play and the major U.S. plays like the Permian.
Chevron's Duvernay assets could fetch up to $900 million, Houston-based advisory firm Energy Advisors Group estimates.
Chevron’s acquisition of Hess closed in July after months of arbitration and integration planning,...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
US crude inventories drop by 6 million barrels, exceeding forecasts Uncertainty over Ukraine peace...
The race to lower costs and accelerate production timelines in the Permian Basin has...
The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
Mergers and acquisitions in the U.S. oil and gas sector surged in 2024, more...
By Clyde Russell (Reuters) – There are early signs that some Asian countries are...
HOUSTON -Aug 22 (Reuters) – Oil prices steadied on Friday amid uncertainty surrounding a...
U.S. independent oil and gas producer Crescent Energy has agreed to acquire Vital Energy...
By Jarrett Renshaw-(Reuters) -President Donald Trump’s administration is expected to rule on a growing...
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