Story By Caroline Evans, Houston, and Everett Wheeler |Energy Intelligence Group| Independent US gas producers pinched by continually low commodity prices are looking...
Chevron Corporation has announced its decision to relocate its headquarters from San Ramon, California, to Houston, Texas, marking the end of an...
As Joe Biden’s vice president, she strongly supported every anti-energy order from the White House, 👀 and saying “There’s no question I’m in favor...
By David White (Bloomberg) — The cost to drill and frack new wells in US shale basins is expected to drop about...
Denver-based Ovintiv Inc. has once again increased its production guidance for the year, following a second-quarter performance that saw output reach the...
Story by Andreas Exarheas| RigZone.com | Oil’s Bermuda triangle is nearing an end, a Bofa Global Research report sent to Rigzone by the...
The relentless pace of transactions in the US shale sector signals that industry players are gearing up for a future with limited...
By Alex Kimani |OilPrice.com| The U.S. Department of Energy has finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum...
Post Oak Minerals V, LLC (“POM V”), an affiliate of Post Oak Energy Capital, LP (“Post Oak”), has announced a significant milestone...
Story Credit: Bloomberg – By Bill Lehane| According to the Renaissance Energy Advisors consultancy, American crude grade WTI Midland has replaced West...
Pressure-pumper Liberty Energy Inc. has followed rig operator Helmerich & Payne (H&P) in U.S. wildcatters Bryan Sheffield and Dick Stoneburner’s development of Australian shale.
Liberty invested US$10 million in Australia-brd Tamboran Resources and plans to send a frac fleet to the play in the Beetaloo Basin next year in northern Australia south of Darwin, Tamboran reported.
Liberty’s entry rounds out the upstream portion of Tamboran’s plan to develop the basin’s Marcellus-like rock—the Mid-Velkerri B—providing frac services in well completion post-H&P drilling.
The frac fleet is expected to arrive in 2024. H&P sent a modern rig, a FlexRig 3, to the play earlier this year.
First responders, the Midland Police Department and the Midland Fire Department were called to a fire located inside the historic Petroleum Building in downtown Midland during the evening hours on Monday.
According to reports, the fire was on the ninth floor of the building. The building owner, David Arrington, said that there were no injuries reported during the incident.
T. S. Hogan, a Montana attorney, rancher and oilman, came to the Permian Basin in 1925 and became active in the oil business. In 1927, Hogan announced the construction of the Petroleum Building.
The Petroleum Building was designed by the Fort Worth architect Wyatt C. Hendrick and completed in 1929. The building has long played a significant role in the history of Midland, as well as casting a significant role in the development of the city.
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A key hearing is set for this Friday in Big Spring, Texas, in a...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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