OKLA loses 1 rig while US Rigs climb by 8. The number of oil rigs stayed flat this week, while the number of gas...
In rural Oklahoma, when running title on specific tracts near a town or townsite, an examiner may run into an issue of...
Exxon Mobil Corp.’s deal in January for a swath of Permian Basin drilling real estate came with a sweetener for the sellers. The heirs of oil...
Oklahoma drops 8; U.S. oil rig count falls by most in week since May 2016 U.S. energy companies cut eight oil rigs...
US Rig County drops by 4, OKLA gains 1. Weekly Summary: Rigs engaged in the exploration and production in the U.S. totaled...
They go by many names to include petroleum landman, independent landman, field landman, and lease broker, but whatever title they bestow on...
In the aftermath of category 5 hurricanes that hit the U.S. and the Caribbean, oil supply and the markets have seen change....
Does a Location Exception always leads to a horizontal completion? What is the value of tracking, analyzing, and mapping Location Exceptions? Intuitively, one...
First, a definition for post-production deductions (PPD) is necessary. Operators consider exploration and the drilling phase to be exclusively working interest owner’s...
AMSTERDAM (Reuters) – Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments...
U.S. stock indexes rose after a stronger-than-expected fourth quarter 2023 U.S. GDP report, which showed economic activity grew by 3.3%, and remains robust. Energy stocks are set to follow suit, gaining on the heels of the strong GDP report, as well as on Brent crude breaking back above $80 this morning on yesterday’s large stockpile draw and still elevated tensions in the Red Sea. Earnings are continuing to pick up across the sector.
Oil prices are up this Thursday morning after data showed U.S. crude stockpiles fell more than expected last week and a fresh attack by Houthi forces on ships off Yemen's coast underscored the peril facing trade in a key global transit route. U.S. crude stockpiles tumbled by 9.2 million barrels last week, the EIA said, while analysts in a Reuters poll had expected a 2.2 million-barrel draw. The draw was driven by a stark drop in U.S. crude imports as winter weather shut-in refineries and kept motorists off the road.
Natural gas futures are higher by 5%, trading around $2.80, ahead of weekly inventory data. Analysts expect a large draw of 321 bcf, the third-largest draw of all time if realized.
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...
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