The total active U.S. rig count, which includes oil and natural-gas rigs, rose by 1 to 944, according to Baker Hughes. Baker...
HOUSTON, Sept 8 (Reuters) – The world’s largest oilfield services company, Schlumberger NV, is spending billions of dollars buying stakes in its...
Highlights from Oseberg’s September 5th weekly report on oil and gas activity in Oklahoma: Council Oak Resources climbs to the top of the leasing...
In a significant development out of the U.S. Department of the Interior, the Office of Natural Resources Revenue has elected to eliminate...
A federal jury has awarded two Oklahoma oil companies $220,000 in damages from a “well-bashing” incident in 2015 by a company later...
Highlights from Oseberg’s August 28th weekly report on oil and gas activity in Oklahoma. Council Oak continues to lease up, with more than...
LONDON (Reuters) – Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the U.S. Gulf Coast over the...
The rise in the number of active rigs in the United States continues to slow, with the 5-week average gain for US...
Oil and gas operators have a complicated relationship with water. Is it a valuable resource or a necessary evil? Turns out, it’s...
Since I have the same attention span as my 10-year-old son, we’re going to jump around a bit this week and highlight...
The energy sector is off to a mixed start, supported by strength in crude oil contracts, while the broader market futures are lower ahead of the release of minutes from the Federal Reserve’s July policy meeting. Two mid-stream deals were announced this morning, with Energy Transfer announcing it will acquire Crestwood Energy Partners in an all-cash deal worth $7 billion and Holly Sinclair announced it will purchase the remaining shares of Holly Energy Partners for $21.57 per unit in cash and stock.
WTI and Brent crude oil futures are edging higher following two-consecutive days of losses as tight supply, a weaker dollar, and high gasoline demand modestly outweigh sluggish economic data from China. July’s retail sales and industrial output data from China has worried traders who are wondering whether China will meet its growth target of 5% for the year without more stimulus. Market participants are also skeptical that yesterday’s unexpected rate cut from China will be enough to boost their economy. Gasoline demand has surged to its highest levels this year as U.S. motorists try to squeeze one last trip before the Labor Day holiday. Last night’s API data showed a draw of 6.195M barrels, much larger than analysts had expected.
Natural gas futures are extending yesterday’s losses, on expectations for a build in last week’s inventory of +38 Bcf vs 5-year average +41 Bcf.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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