Updated August 27, 2019. U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals...
In 2017, oil prices recovered significantly. Posting its second annual gain in a row, the commodity closed 2017 up more than 12%. The U.S....
Penn Virginia Corp. (NASDAQ: PVAC) will expand its core position in the Eagle Ford Shale with an $86 million bolt-on acquisition, the Houston-based...
As the price of oil rises, heavily-hedged shale producers may find it harder to meet investor demands for payback, boosting the value...
A surge in demand for frac sand brought a wave of company announcements this year of plans to build sand mines in...
OKC based Chaparral Energy, Inc. announced today that it has entered into a definitive purchase agreement to acquire acreage in Kingfisher County,...
Now that Christmas has come and gone, and my stomach somehow remains full from all the pecan pie and sweet potatoes I...
Work continues on pipeline projects designed to carry oil, condensate and natural gas away from wells being completed in Oklahoma’s STACK and...
With Trump’s Tax Plan in focus it is indisputable that 2017 was a solid year for the U.S. economy, with unemployment dipping,...
Oil prices rose Monday morning following an unexpected fall in the number of U.S. rigs drilling for crude. Light, sweet crude for...
Crescent Energy Co. announced it closed on its previously announced $3.1 billion all-stock transaction for Vital Energy Inc. on Dec. 15.
The deal’s terms include Vital Energy shareholders receiving 1.9062 shares of Crescent Class A common stock for each share of Vital common stock. Crescent shareholders will own around 77% of the combined company, while Vital shareholders will own 23%, on a fully diluted basis.
With the deal’s close, former Vital Energy directors William Albrecht and Jarvis Hollingsworth have been appointed to Crescent’s board of directors. Michael Duginski resigned from the board with the closing of the acquisition.

by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
The history of the global oil and gas industry is inextricably linked to the...
Santa Fe, NM – New Mexico Attorney General Raúl Torrez filed a lawsuit on...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
By Irina Slav for Oilprice.com | The Permian Basin is the largest contributor to U.S....
The oil and gas sector enters 2026 navigating a more turbulent trade and policy...
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