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...
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...
Sandra Day O’Connor, the first woman on the United States Supreme Court, a rancher’s daughter who wielded great power over American law from her seat at the center of the court’s ideological spectrum, died on Friday in Phoenix. She was 93.
The Supreme Court announced her death in a statement, saying the cause was complications of dementia. She grew up in Arizona and lived there most of her life.
The energy sector is off to a broadly lower start, pressured by mild weakness in the underlying commodities and the major equity futures. U.S. stock index futures were largely subdued as investors were on edge in the run up to Federal Reserve Chair Jerome Powell's comments which are expected to hold clues on the interest rate path.
WTI and Brent crude oil futures steadied with the market seemingly unconvinced that the latest round of production cuts by the OPEC+ coalition will be able to lift prices out of their recent slump. Yesterday OPEC+ producers agreed to remove around 2.2 million bpd of oil from the global market in the first quarter of next year, which included a rolling over of Saudi Arabia and Russia's current 1.3 million bpd of voluntary cuts. The market received the news with skepticism and confusion, driven by concerns about compliance given the voluntary nature of the reductions, as well as investors' prior expectations of deeper cuts.
Natural gas futures are down in early trading as the NOAA's 6-10 day outlook shows above-normal temps over most of the US from OH, TN and the Lower MS Valleys westward to the Pacific Coast, especially across the northern and central Great Plains.
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...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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