Oil and Gas Bankruptcy Update: Samson Resources Haynes and Boone has tracked 114 North American oil and gas producers that have filed...
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...
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
Hundreds of people were killed by a strike at a hospital in Gaza City on Tuesday night where thousands of civilians had been sheltering.
The Gazan health authorities said the blast had been caused by an Israeli airstrike; the Israel Defense Forces said it was caused by a rocket fired by a Palestinian armed group that malfunctioned after launching. Neither assertion could be immediately verified.
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
Whether the weakness persists will show up first in structure and stocks: if spreads...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of...
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...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
In a rare win for both production and environmental performance, a new analysis by...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
Story By Charles Kennedy |OilPrice.com| Texas’ inventory of orphaned oil and gas wells has...
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