Out With The Old, In With The New – Rig Count Climbs Again A Look Back At 2016 Things were ominous for...
Over-pressured Meramec wells in STACK are delivering some of the highest returns across the play. Continental Resources (NYSE: CLR) announced a new...
Most modern oil and gas leases provide that a lease will not terminate if the lessee “commences operations for the drilling of...
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?”...
Exxon Mobil Corp. on March 2 said it will further slash expenses and its oil and gas production portfolio to boost returns, but offered no updates on shareholder returns.
The company began its annual update to investors a day after disclosing it would exit its last Russian operations in response to the invasion of Ukraine that sent oil prices to their highest level in eight years.
Exxon Mobil said it expects to cut annual costs by $9 billion in by 2023, $3 billion more than a previous target, in a drive to quickly pay down debt taken on during the pandemic and double earnings by 2027, over 2019 levels.
World crude oil prices soared Wednesday as Russian soldiers expanded their invasion of Ukraine, pounding civilian and residential areas of cities and increasing the number of dead.
Global benchmark Brent crude futures peaked at nearly $114 a barrel, then settled up $7.96 or 7.6% at $112.93 on ICE Futures Europe. It was Brent’s highest close since June 2014 as the global benchmark rose more than 15% this week.
Here in the states, West Texas Intermediate crude climbed as high as $112.51 a barrel before finishing the day up $7.19 or 7% at $110.60 a barrel on the New York Mercantile Exchange. It was the highest mark for US crude oil since May 2011.
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
Whether the weakness persists will show up first in structure and stocks: if spreads...
Operators across the Lower 48 are entering a pivotal new phase of development, where...
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...
In a rare win for both production and environmental performance, a new analysis by...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
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