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...
The number of rigs exploring for oil and natural gas in the U.S. declined by four this week to 936. That’s up...
Challenges of managing produced water in the face of rising transport costs, freshwater shortages, and constraints on disposal are giving rise to...
The total active U.S. rig count fell by 1 to 935, according to Baker Hughes. That’s still up from the 511 rigs...
With the flurry of both drilling and leasing currently permeating the SCOOP/STACK/MERGE plays of Oklahoma, some of the biggest questions asked by...
The energy sector is starting higher, supported by strength in the crude complex. Meanwhile, the major equity futures are mixed after US stocks bounced on Thursday following a largely unexplained late-day selloff in the prior session. Headline and core PCE came in a bit cooler than expected for November, fitting the broader disinflation theme.
WTI and Brent crude oil futures are higher in early trading on a weaker dollar and as more maritime carriers are avoiding the Red Sea due to recent attacks on vessels carried out by the Houthi militant group. Oil contracts are set for a second-consecutive higher week as hundreds of large vessels are rerouting around the southern tip of Africa, a longer route adding 10-14 days of travel, to escape drone and missile attacks by Yemeni Houthis that have pushed up oil prices and freight rates. Elsewhere, OPEC has yet to comment on Angola’s decision to leave the group. Oil-related news is quiet so far today in what should be a low-volume session of trading.
Natural gas futures are flat as preliminary estimates have storage for the week-ending today with a draw of (75) to (85) Bcf vs the 5-year average of (123) Bcf.
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.
Wholesale gasoline for January delivery fell 4 cents to $2.16 a gallon. January heating oil fell 1 cent to $2.70 a gallon. January natural gas rose 12 cents to $2.57 per 1,000 cubic feet.
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...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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