Now that Christmas has come and gone, and my stomach somehow remains full from all the pecan pie and sweet potatoes I...
Work continues on pipeline projects designed to carry oil, condensate and natural gas away from wells being completed in Oklahoma’s STACK and...
With Trump’s Tax Plan in focus it is indisputable that 2017 was a solid year for the U.S. economy, with unemployment dipping,...
Oil prices rose Monday morning following an unexpected fall in the number of U.S. rigs drilling for crude. Light, sweet crude for...
Oklahoma rigs flat at 121 – US Rigs fall by 1 After 5 weeks in the plus column, the number of rigs in...
Oklahoma drops 1; U.S. Rigs Climb by 2 U.S. energy companies this week added oil rigs for a third week in a...
We saw another big transfer hit yesterday, this time 500 wells! Want more information? Give us a shout to hello@oseberg.io, or if you are...
Continental Resources recently announced a record-setting density project in the SCOOP Woodford Condensate fairway. The Sympson 10-well project reportedly had a combined...
Oklahoma stays flat; U.S. Rigs Climb by 6 The number of active drilling rigs jumped up for the fourth straight week. The...
The U.S. Senate voted just before 2 a.m. ET Saturday to pass a sweeping tax overhaul worth roughly $1.4 trillion, putting the...
The energy sector is off to a mixed to lower start, weighed down by mild weakness in the crude complex but supported by strength in the major equity futures which were slightly higher as investors looked ahead to U.S. midterm elections.
WTI and Brent crude oil futures continued to slide lower, weighed down by recession concerns and worsening COVID-19 outbreaks in China that heightened fears of lower fuel demand. Traders are also eyeing the next round of settlement reports which analysts expect to show U.S. crude oil stockpiles rose last week while distillate and gasoline inventories were seen dropping. Market participants will also be eyeing U.S. CPI data on Friday, given high inflation and rising interest rates highlight the possibility of a global economic recession.
Natural gas futures turned lower this morning, retreating following two-consecutive days of heavy gains that brought futures to highs last seen in mid-September. Traders are eyeing the weekly storage report as the next major catalyst. Consensus for EIA weekly storage data due Thursday has a build of +84 Bcf vs the 5-year average of +20 Bcf. Europe's TTF was up +8% in early trading following declines in the prior three sessions.
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
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...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
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...
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