Highlights from this week’s report: As Devon announces the sale of $340MM of Eagle Ford assets, they ramp up in the STACK with 27 permits last...
Drillers added eight rigs to the U.S. oil patch this week as companies continue to expand operations despite the volatility in oil...
In the above satellite image taken June 29, 2017, water bodies show up in deep shades of blue. Rivers and lakes are...
In this week’s report, we see more Arkoma action! We’ve posted several times about the high volume of lease activity in and around...
The rig count has fallen or barely increased in recent weeks, suggesting early signs of moderating U.S. production growth. *U.S. TOTAL...
July 13, 2017, Bloomberg Bob Ravnaas raised a paddle in a Houston auction house to secure his first block of mineral rights...
MIDLAND — Halliburton has hired about 100 new workers each month this year to keep up with surging demand for fracking in...
After reaching back into positive territory last week, the total US Rig Count remained flat this week, with 952 active rigs and...
Oklahoma Oil and Gas Mineral Owners, as companies are consolidating their positions in the SCOOP and STACK, Dewey County appears to be...
A popular myth exists that it is bad luck to rename a boat. It is unclear whether this applies to “boats” as...
The energy sector is off to a higher start, rebounding from yesterday's steep slide on the backs of strength in the underlying commodities. Major equity futures meanwhile steadied this morning as rates ticked higher and investors await a pair of key inflation readings later this week to gain clarity into the path forward for rate cuts from the Fed. The benchmark 10-year Treasury note yield rose more than 4 basis points this morning and is now trading above 4%.
WTI and Brent crude oil futures are up by over 2.5% in early trading, recovering from yesterday’s 4% drop on rising concerns that tensions in the Middle East will spread and ongoing supply outages in Libya. Weak economic data out of Germany, lingering demand worries, and speculation of rising OPEC supply after Saudi Arabia cut its OSP yesterday, are keeping a cap on gains. The Israeli military has said its fight against Hamas will continue through 2024, worrying markets that the conflict could grow into a regional crisis that could disrupt Middle Eastern oil supplies. German industrial production unexpectedly fell in November according to the Federal Statistics Office, marking a sixth consecutive monthly decline.
Natural gas futures resumed their trend higher, backed by cooler weather forecast in key consuming regions that should stir demand ahead of another winter storm.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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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