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...
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...
The energy sector is off to a lower start, pressured by weakness in the crude complex. U.S. equity futures are mixed as investors brace themselves for more quarterly earnings reports.
WTI and Brent crude oil futures are trading lower, following last week’s short-covering rally as investors wait for Chinese economic data which will provide more color on the country’s demand recovery. On Tuesday, China will release its first-quarter GDP data which is expected to be positive for commodities as forecasts suggest they will account for most of 2023 demand growth. However, according to the IEA, further supply tightening by OPEC+ is anticipated to hurt economic growth during the latter half of the year. Oil exports from northern Iraq to Turkey remain halted for almost three weeks which is lending additional support to futures.
Natural gas futures are up as the NOAA’s 8-14 day outlook forecasts below-normal temperatures for key consuming regions.
Deadly clashes broke out on Saturday in Sudan’s capital, Khartoum, and several other cities as months of rising tensions between rival factions of the armed forces turned into an all-out battle for control of one of Africa’s biggest countries.
At least 30 people were killed and hundreds were injured, according to United Nations officials, after fighting that erupted early Saturday at a military base in Khartoum quickly spread to the presidential palace, the international airport and the headquarters of the state broadcaster. As residents cowered in their homes amid gunfire and explosions, warplanes screeched over rooftops at low altitudes.
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...
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...
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...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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