While tech improvements have been transformative, the greatest advances have come from eliminating downtime. ~Maria Peacock Story By Maria Peacock |Research Director,...
Carlyle Group (CG.O) has announced plans to establish a new oil and gas company focusing on the Mediterranean, led by former BP...
From HistoryFacts.com | Whenever you fill up your gas tank, you may notice that the price per gallon of gasoline always ends...
Story by Andreas Exarheas| RigZone.com |The U.S. Energy Information Administration (EIA) has lowered its West Texas Intermediate (WTI) oil price forecast in its...
At a recent public hearing with the Texas Senate Committee on Business and Commerce, officials from the Public Utility Commission (PUC) and...
In the face of an impending summer predicted to be the hottest ever recorded, the Texas oil and gas sector is churning...
Story By Haley Zaremba for Oilprice.com | This past Monday, Michigan Governor Gretchen Whitmer announced that she intends to reopen a nuclear...
In a striking turn of events, Europe’s gas imports from Russia surpassed those from the United States for the first time in...
In the western part of the Permian Basin, also known as the Delaware Basin, the Lower Permian age Bone Spring (also called...
Oklahoma, historically recognized as a top-five producer of oil and natural gas, is now rapidly gaining prominence in the renewable energy sector....
$MSFT earnings on Tuesday, $AMZN on Thursday...
Will they follow in $TSLA's footsteps? 🩸 pic.twitter.com/Qra3eWhtLl
— TrendSpider (@TrendSpider) October 21, 2023
Oct 20 (Reuters) U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since mid-September, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, rose two to 624 in the week to Oct. 20th. Despite this week's rig increase, Baker Hughes said the total count was still down 147, or 19%, below this time last year. U.S. oil rigs rose by one to 502 this week, while gas rigs also gained one to 118.
In the Haynesville shale in Arkansas, Louisiana and Texas, gas drillers this week added three rigs, boosting the total to 40. That was the first increase in the Haynesville since early July and the biggest increase since December 2022. A year ago, there were 70 rigs operating in the Haynesville.
U.S. oil futures were up about 12% so far this year after gaining about 7% in 2022. U.S. gas futures, meanwhile, have plunged about 35% so far this year after rising about 20% last year.
Story by Kevin Hendricks, nm.news |New Mexico’s State Land Office shattered revenue records for...
Harvest Midstream, the Houston-based energy company owned by Hilcorp Energy founder Jeff Hildebrand, has...
By Andrew Kelly | Energy Intelligence | The US Gulf of Mexico holds a...
Source: EIA | Between 2020 and 2024, total crude oil and lease condensate production...
By Michael Kern for Oilprice.com | TotalEnergies, along with its partners QatarEnergy and the national...
Canadian midstream operator Enbridge has approved final investment decisions on two new gas transmission...
By Felicity Bradstock for Oilprice.com | Following the massive growth in global renewable energy...
Targa Resources Corp. has launched a non-binding open season for its proposed Forza Pipeline...
Ian M. Stevenson | EENews.net | Falling royalty rates for oil and gas production...
Diversified Energy Company Plc has announced a $550 million acquisition of Canvas Energy, a...
Reporting by Gavin Maguire | (Reuters) – U.S. power developers are planning to sharply...
Authored by Jill McLaughlin via The Epoch Times, | California regulators fearing a dramatic...
Have your oil & gas questions answered by industry experts.