Does anyone believe there could be another bubble forming in oil and gas assets, specifically minerals and non-op interests? Seems there is...
The game seems to be awash with money. Untold millions have been deployed to buy minerals and leases from Carter to Dewey....
Weekly count of U.S. oil rigs topped 600 for the first time since October 2015 The latest sign of recovery in the...
More than 10,000 people attended the NAPE Summit at the George R. Brown Convention Center this week. When the exhibit floor opened...
There have been many casualties of the commodity prices slump and 2016 was as big year for oil and gas bankruptcies. According...
The Rig Count UP Trend Continues The total number of active oil and gas rigs in the United States is now 741,...
Baker Hughes data released Friday shows the U.S. oil rig counts jumped by 17 this week to 583, the highest level since...
What makes “Smart” maps so smart? By now, I’m hoping many of you are taking advantage of some the great free resources...
2016 was a come-back year for Continental Resources (NYSE: CLR). The shale driller overcame some missteps, made early in the downturn, to get back...
Rig Count On Fire Over Last 90 Days The number of rigs drilling for oil in the United States totaled 566, up...
The energy sector is lower today, pressured by weakness in the underlying commodities. Meanwhile, the major equity futures are mixed, as investors remain uncertain about the timing of interest rate cuts.
WTI and Brent crude oil futures are kicking off the week sharply lower after Saudi Aramco made sharp price cuts to Arab Light, which offset ongoing tensions in the Middle East. Saudi Aramco lowered the official selling price of Arab Light for February to Asia by $2.00/barrel to a $1.50 premium vs Oman/Dubai, the largest m/m cut in over a year. At least three Asian customers told Bloomberg the price drop was unlikely to lead to requests for incremental deliveries while two Chinese buyers said they won't be lifting any term cargoes from KSA this month. Aramco also cut the price of Arab Light to the U.S. and NW Europe by $2.00/barrel. The ongoing war in the Middle East and a force majeure by Libya's National Oil Corporation on Sunday at its Sharara oilfield, is limiting losses.
Natural gas futures dropped earlier this morning as investors take profits following last week’s 16% price gain and on forecasts for colder temperatures for most of the L48 in the third week of January.
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...
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...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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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