US Rig Count Surges +20 November 20, 2016 ~ Energy Update Global oil production is still too high relative to demand. Oil prices remain...
In last month’s article, I discussed the geographic (spatial) nature of oil and gas data and the importance and prevalence of “Where?”...
Alta Mesa Holdings, LP ☞STACK Assets Key to Continued Success Alta Mesa Holdings, LP is a privately held company engaged in onshore...
Landmen are no busier than most professionals during the work day, but it is often stated that company landmen never return the...
Crude Falls 9% – Rig Count Spikes November 5, 2016 ✰ Energy Update ✰ The American Petroleum Institute (API) reported on Tuesday...
Shares of Clayton Williams Energy (NYSE:CWEI) shot up 26% higher on Tuesday. Clayton Williams Energy, Inc., announced that it has entered into a definitive purchase...
The most commonly asked question in oil and gas is… WHERE? Given the amount of location-based data we work with every day...
Chesapeake Energy Files $445 Million Dollar Claim Against McClendon Estate After almost 8 months when Oklahoma energy leader Aubrey McClendon was killed...
TULSA, Okla.–Casillas Petroleum Resource Partners, LLC, a partnership between Casillas Petroleum Corp. and Kayne Anderson Energy Funds, announced today that it has...
In a Bloomberg article published yesterday, Lee Boothby, the CEO of Newfield Exploration (NYSE:NFX) shared some thoughts on the future development of...
OIL prices swooned on Tuesday and settled close to to multi-month lows after reports of Opec+ plans to proceed with output increases in April and news of US tariffs on Canada, Mexico and China as well as Beijing’s retaliatory tariffs.
Brent futures settled 58 cents lower, or 0.8 per cent, at US$71.04 a barrel. The session low was US$69.75 a barrel, its lowest since September.
US West Texas Intermediate (WTI) crude fell 11 cents a barrel, or 0.2 per cent, at US$68.26. The benchmark previously dropped to US$66.77 a barrel, the lowest since November.
Opec+, the Organization of the Petroleum Exporting Countries and allies including Russia, decided on Monday to proceed with a planned April oil output increase of 138,000 barrels per day, its first since 2022.
The move took the market by surprise, said Bjarne Schieldrop, chief commodities analyst at SEB.
U.S. stocks finished sharply lower on Tuesday amid concerns that President Donald Trump’s tariffs — and retaliation from some of the U.S.'s trading partners — could put pressure on economic growth.
The Dow Jones Industrial Average lost 670.25 points, or 1.6%, to end at 42,520.99, its worst day in over a week. The blue-chip index fell more than 1,300 points over the past two trading days, logging its worst two-day decline since Dec. 18, according to Dow Jones Market Data.
The Nasdaq Composite fell 65.03 points, or 0.4%, to finish at 18,285.16. At its worst level Tuesday, the tech-heavy index slumped over 2.1% and into correction territory, defined as a 10% drop from an index’s recent high, according to Dow Jones Market Data. The Nasdaq then bounced back into positive territory in afternoon action, but still failed to maintain its footing heading into the closing bell.
The S&P 500 tumbled 71.57 points, or over 1.2%, ending at 5,778.15.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
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 Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
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,...
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