U.S. exploration and production companies have added an extra 400+ rigs to target oil-bearing formations since the end of May 2016. The...
June 9 (UPI) — The economy in shale-rich Oklahoma has recovered from last year’s market downturn as gross tax receipts improve, the...
STACK pilot well performance so far in 2017 is mixed as one would expect in the early stages of assessing a new...
Times Record News, June 5, 2017 The Texas oil industry had no where to go but up after crashing down to about $28...
Lonestar Resources US Inc. (NASDAQ: LONE) said May 30 it agreed to acquire roughly 21,000 net Eagle Ford acres—significantly increasing its leasehold...
Global alternative asset manager The Carlyle Group L.P. (NASDAQ: CG) and EOG Resources, Inc. (NYSE: EOG) have entered into a definitive agreement...
Oklahoma City-based Continental Resources Inc., recently disclosed the development of a new rock layer in south central Oklahoma. Continental teams have completed...
Oseberg generated the following weekly report, which covers activity in Oklahoma for the week of May 8, 2017. This is a 30 day...
Oklahoma City based Devon Energy Corp. (NYSE: DVN) announced this week that it has entered into definitive agreements with undisclosed parties to...
Permian, overall US rig counts each up 7 US oil-directed rigs also rose for a 16th consecutive week, gaining 6 units to 703,...
Stocks scored back-to-back gains on Tuesday as investors waited on an inflation update due Wednesday from the June consumer-price index. The Dow Jones Industrial Average posted a near 317-point gain, advancing 0.9%, to end near 34,260, according to preliminary FactSet data. That marks its biggest daily percentage gain since June 15, according to FactSet. The S&P 500 index closed up 0.7%, while the Nasdaq Composite Index gained 0.6%.
Stocks have been on the upswing ahead of a key inflation reading for June, with the consumer price index expected to show further progress in retreat from its peak above 9% last summer. The Federal Reserve has indicated it likely has a few more rate hikes on tap this year to help bring inflation down toward its 2% annual target. Investors also will be tuning into second-quarter earnings, which kick off in earnest later in the week with results from some of the nation’s biggest banks.
@exxonmobil signals profit drop, cites lower prices
Operating earnings dropped to about $7.8 billion, when surging oil and gas prices after Russia's invasion of Ukraine boosted global energy results to record levels.
Read more on https://t.co/F1Gjv1sWnn#OGNews #profit pic.twitter.com/FiznawwAi1
— OGN - Media for the Energy Future (@OGN_Online) July 11, 2023
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in...
West Texas holds a treasure trove of natural gas that could become a critical...
TotalEnergies has signed an agreement with Continental Resources to acquire a 49% interest in...
by Bloomberg [via RigZone.com] |Veena Ali-Khan, Mia Gindis| Oil notched its biggest weekly gain...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
By DANIEL JONES, US CONSUMER EDITOR | Daily Mail | and REUTERS | Exxon Mobil...
By Mella McEwen,| Midland Reporter Telegram | John Sellers and Cody Campbell, co-chief executive officers...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its...
The Oklahoma House Energy Committee recently took a hard look at how the Oklahoma...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
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