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 rig count has fallen or barely increased in recent weeks, suggesting early signs of moderating U.S. production growth. *U.S. TOTAL...
U.S. stocks ended higher on Monday, reversing earlier losses, as investors digested Moody’s decision to downgrade the U.S.’s credit rating from triple-A.
According to Dow Jones Market Data, the Dow Jones Industrial Average was up 137.33 points, or 0.3%, to end at 42792.07 after falling 317 points at its session low.
The S&P 500 increased 5.22 points or less than 0.1% to close at 5963.60.
The Nasdaq Composite added 4.36 points or less than 0.1% to finish at 19,215.46
The stock market’s "fear gauge" jumped Monday after Moody’s downgraded the U.S. government’s credit rating.
The CBOE Volatility Index, which trades under the ticker symbol VIX, was up 13% on Monday morning at around 19.50, according to FactSet data, at last check. That’s around the gauge’s long-run average.
“While the Moody’s downgrade may cause a bit of near-term equity market volatility, history shows it does not portend structurally higher interest rates, an imminent recession, or declining stock prices,” Nicholas Colas, co-founder of DataTrek Research, said in a note emailed Monday.
“Rating agencies play a critical role in capital markets, but their decisions about US sovereign debt have never signaled anything useful about future asset prices,” he said.
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...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
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...
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