Exxon Mobil Corporation (NYSE:XOM) recently announced it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through...
It is without question that technological innovations have drastically altered the way that geologists and engineers perform their jobs. For the landman,...
Oil rigs down, Permian Remains Resilient. In 2016, the oil rig count staged a comeback not seen since the most recent oil...
This month’s article is a continuation of the Due Diligence topic we started in December. You may remember in my previous article...
Oil and Gas Bankruptcy Update: Samson Resources Haynes and Boone has tracked 114 North American oil and gas producers that have filed...
Out With The Old, In With The New – Rig Count Climbs Again A Look Back At 2016 Things were ominous for...
Over-pressured Meramec wells in STACK are delivering some of the highest returns across the play. Continental Resources (NYSE: CLR) announced a new...
Most modern oil and gas leases provide that a lease will not terminate if the lessee “commences operations for the drilling of...
Last month’s article was focused on the value of GIS (Geographic Information Systems) or “smart” maps to mineral owners. I focused on...
INTRO Only time will tell whether OPEC will effectively implement its recent decision to curb oil supplies and reverse a price slump...
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...
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...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
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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