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...
In many areas now designated as the SCOOP and STACK, there are oil and gas leases that have been held-by-production for decades....
THE BEGINNING Oklahoma and oil and gas have been synonymous since the late 1800’s. Oklahoma is in the heart of the Mid-Continent...
Since the Homestead Act of 1862 and the Dawes Act of 1887, property in Oklahoma owned by individual Native Americans and Tribes...
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...
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday. Oklahoma lost 1 rig, down to 43 rigs now running.
The total oil and gas rig count, an early indicator of future output, fell by four to 600 in the week to May 24, the lowest since January 2022. Baker Hughes said that puts the total rig count down 111, or 16%, below this time last year.
Oil rigs were unchanged at 497 this week, while gas rigs fell by four to 99, their lowest since October 2021.
That cut the rig count in several states and one basin to their lowest levels in years.
In Texas, the state with almost half of the country's operating rigs, the count fell by three to 287, the lowest since February 2022, while in West Virginia, drillers cut two rigs, leaving just six active units, the lowest since August 2020.
In the Marcellus in Pennsylvania, West Virginia and Ohio, the nation's biggest shale gas-producing basin, the rig count fell by three to 26, the lowest since October 2021.
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...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Key Highlights Global oil inventories are expected to grow more than 2 million b/d...
The race to lower costs and accelerate production timelines in the Permian Basin has...
Mexico’s energy story has turned again. After years of political resistance to hydraulic fracturing,...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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