Big oil has an all-or-nothing reputation, with many pursuing growth at any cost. It’s an approach that cost investors dearly during the...
It has become a regular occurrence in Oklahoma that many operators are spudding their wells before a forced pooling order from the...
Oklahoma gains 4, back up to 124 as U.S. Oil Rigs get back 4 also. The total number of oil and gas rigs now...
Boosted by surging output, the United States is becoming a significant exporter of crude oil, a shift that is remaking American infrastructure...
THE U.S. OIL INDUSTRY is pumping at record levels, putting the country on track to surpass Russia as the world’s top oil producer...
The oil price collapse, which began in June 2014, triggered a wave of cost reduction among upstream businesses, including Cimarex Energy (NYSE:...
Oklahoma Leasing Activity The HOTSPOT over the last 60 days continues to be NW McClain/NE Grady cos. EOG has a nice position there and...
Crude oil prices are holding above $60 a barrel. Rising U.S. crude production combined with higher oil rig counts and shale operators’...
The data in this Oklahoma activity report is provided by Oseberg, a next-generation oil & gas information and data analytics company that...
Oil Rig Count Hits 800 Oklahoma gains 3 to 124; U.S. Rigs climb by 3 Bloomberg reported that U.S. oil explorers raised...
Pressure-pumper Liberty Energy Inc. has followed rig operator Helmerich & Payne (H&P) in U.S. wildcatters Bryan Sheffield and Dick Stoneburner’s development of Australian shale.
Liberty invested US$10 million in Australia-brd Tamboran Resources and plans to send a frac fleet to the play in the Beetaloo Basin next year in northern Australia south of Darwin, Tamboran reported.
Liberty’s entry rounds out the upstream portion of Tamboran’s plan to develop the basin’s Marcellus-like rock—the Mid-Velkerri B—providing frac services in well completion post-H&P drilling.
The frac fleet is expected to arrive in 2024. H&P sent a modern rig, a FlexRig 3, to the play earlier this year.
First responders, the Midland Police Department and the Midland Fire Department were called to a fire located inside the historic Petroleum Building in downtown Midland during the evening hours on Monday.
According to reports, the fire was on the ninth floor of the building. The building owner, David Arrington, said that there were no injuries reported during the incident.
T. S. Hogan, a Montana attorney, rancher and oilman, came to the Permian Basin in 1925 and became active in the oil business. In 1927, Hogan announced the construction of the Petroleum Building.
The Petroleum Building was designed by the Fort Worth architect Wyatt C. Hendrick and completed in 1929. The building has long played a significant role in the history of Midland, as well as casting a significant role in the development of the city.
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
Natural gas remains the leading source of electricity generation in the United States, but...
by Bloomberg, via RigZone.com | F.Kozok, S.Hacaoglu | Turkey plans to sign new energy deals with...
President Donald Trump used his address at the United Nations General Assembly this week...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
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