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...
Devon Energy Corporation (NYSE: DVN) has assets in the very best North American resource plays and a deep inventory of opportunities. After initiating...
Major Indices - Strong Friday Rebound | The Dow Jones Industrial Average gained 493 points, or 1.08%, closing at 46,245.41, while the S&P 500 finished 0.98% higher at 6,602.99 and the Nasdaq advanced 0.88% to 22,273.08 CNBC.
What Drove the Rally | The rebound came after New York Federal Reserve President John Williams suggested the central bank could cut interest rates again this year, signaling that monetary policy remains "modestly restrictive" and suggesting room for further adjustment in the near term CNBC. This caused bets on a December rate cut to jump to around 75% odds, up from roughly 40% on Thursday Yahoo Finance.
A Turbulent Week |Despite Friday's gains, it was a chaotic week overall. The market remains just 4.2% below its record amid questions about Nvidia's valuation, AI optimism, and how soon the Fed will cut rates TS2. Thursday saw a particularly brutal reversal, with all three major indices ending sharply lower despite earlier gains. | Other Notable Developments

Story by Andreas Exarheas | RigZone.com | In its latest short-term energy outlook (STEO),...
by Andreas Exarheas|RigZone.com| In a statement sent to Rigzone late Wednesday, U.S. Geological Survey...
🔲 Regime change in Venezuela could reshape global oil flows, giving the U.S. renewed...
The history of the global oil and gas industry is inextricably linked to the...
Baker Hughes and Hunt Oil Company have signed a joint framework agreement aimed at...
(Reuters) Activist investment firm Kimmeridge Energy Management has submitted a $6 billion offer to...
Two authoritative outlooks are shaping the 2026 oil narrative, pointing in different directions. On...
Japan Petroleum Exploration Co Ltd has spent decades quietly building an international upstream portfolio,...
🎄The holiday season exposes how tight diesel markets really are. ⛽️Diesel demand during Christmas...
The Energy as a Service (EaaS) market is projected to double to over $55...
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