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...
WOODWARD — FourPoint Energy LLC has drilling rigs ready to go in western Oklahoma, waiting to drill horizontal wells up to two...
Oil companies idled 5 drilling rigs this week, the second drop in two weeks as oil prices in recent months have slowed...
President Donald Trump signs a memorandum on Orderly Liquidation Authority, Friday, April 21, 2017, at the Treasury Department in Washington. Trump signed...
We recently came across a 2012 map created by Joe Wertz of StateImpact Oklahoma depicting our state’s oil production at that time. ...
Gifts bequeathed to some schools decades ago have generated millions in recent years as fracking unlocks oil and gas reserves. Henry Mosier enrolled...
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 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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