Devon Energy Announces Third Successful STACK Spacing Test and High-Rate Extended-Reach Oil Wells Devon Energy Corp. (DVN) announced today it has successfully...
This week before presenting the current rig count data we take a historical look at rig counts across two categories. (1) The...
The number of U.S. oil drilling rigs were unchanged at 406 this week after eight weeks of consecutive rises, Baker Hughes reported...
Citizen Energy II, LLC, a private Tulsa-based company has been active drilling Woodford tests down on the Canadian and Grady County line, in...
The last several years provided some of the most economic shale wells ever drilled in the US, one of the many reasons...
Last Weeks Drilling Intents, Spacing and Pooling Filings. Oklahoma Corporation Commission (OCC) latest filings as reported by Oseberg show Citizen Energy II LLC, a...
In the energy-rich regions of the United States, regular landowners have a lucrative interest in the legal framework of mineral and royalty rights....
Rimrock Resource Partners LLC closed a $150 million acquisition of Scoop assets, the company announced July 28. The acquisition covers approximately 24,500...
U.S. oil futures settled higher on Friday. On the New York Mercantile Exchange, September WTI settled at $41.60 a barrel. The U.S....
On July 28, 2016, Devon Energy Production LP (DVN) filed a Transfer of Operator (Form 1073) with the Oklahoma Corporation Commission (OCC) transferring...
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and the major equity futures which are down on renewed inflation worries.
WTI and Brent crude oil futures are snapping five-consecutive sessions of gains, on a stronger dollar and as concerns over tight supply wanes. Against a basket of currencies, the dollar index was at 104.69, not far off the six-month high of 104.90 which was touched overnight. Saudi Arabia and Russia’s decision to consider whether to deepen cuts or raise output depending on market conditions on a monthly basis, has put pressure on oil futures this morning, a day after Brent rose above $90 for the first time in 2023. Market participants will now be keeping an eye on today’s API and tomorrow’s EIA data which will provide clues on gasoline demand as prices at the pump are now at the highest seasonal level in more than a decade. Congress is set to sell off a 1-million-barrel emergency cache of gasoline created in the aftermath of Hurricane Sandy amid questions about the reserve’s usefulness.
Natural gas futures are extending their recent declines on forecasts for cooler weather and lower gas demand in the next two weeks.
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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