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...
The number of oil and gas rigs in the U.S. is down significantly from prior peaks but has recovered from the lows...
Following a round of freezing temperatures in most of the Eastern US, the U.S. Energy Information Administration (EIA) reported Thursday morning that...
LONDON – Premier Oil’s UK oil production averaged 39,500 boe/d last year, 20% higher than in 2016. This was mainly due to...
HOUSTON, — U.S. crude production will soar to a record high this year before rising even more in 2019, according to a...
In Oklahoma, there are various rivers that cut across the state dividing property lines and boundary lines. Although it is known that...
Coterra Energy Inc. is expanding its investments in the Permian Basin by adding more assets to its $3.95 billion deal with Franklin Mountain Energy and Avant Natural Resources. Specifically, Coterra will purchase an additional 1,650 net royalty acres from Sandia Minerals LLC for $43 million, as disclosed in a December 31 SEC filing. These royalties were not part of its initial acquisition from Franklin Mountain. The purchase increases the total cost of the Franklin Mountain acquisition to $1.543 billion. This deal initially included 40.89 million shares of Coterra stock, valued at approximately $1 billion, and the separate deal with Avant is worth $1.45 billion. Collectively, these acquisitions will bring Coterra between 400 and 550 new net drilling locations, primarily located in Lea County, New Mexico.
The flow of natural gas through a major pipeline from Russia to Europe was cut off early Wednesday after Ukraine refused to renew an agreement that allowed for the transit of Russian gas through its territory, according to officials in both countries.
The move to suspend the flow of gas through a pipeline that had carried Soviet and then Russian gas to Europe for decades is part of a broader campaign by Ukraine and its Western allies to undermine Moscow’s ability to fund its war effort and to limit the Kremlin’s ability to use energy as leverage in Europe.
“This is a historic event,” Ukraine’s energy minister, Herman Galushchenko, said in a statement. “Russia is losing markets, it will suffer financial losses.”
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
The U.S. oil and gas industry is entering a period of retrenchment, marked by...
Data centers across the United States are increasingly grappling with one of the most...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
By Mella McEwen,Oil Editor | MRT | Crude prices have spent much of the year...
Oklahoma City, OK – September 16, 2025 — In a market where many mineral...
[energyintel.com] A data center boom in the US is straining the grid and pushing...
The temporary closure of the Chief Drive In Theatre in Ninnekah has sparked local...
The International Energy Agency (IEA) has issued a stark warning that the world’s oil...
Fermi America, a Texas-based company co-founded by former U.S. Energy Secretary and former Texas...
Canada’s ambitions to become a global energy powerhouse gained momentum just two months after...
Have your oil & gas questions answered by industry experts.