By: KFOR – A recent oil spill from nearby oil batteries in a small neighborhood in Ninnekah has neighbors concerned. “My dogs...
Story By Chris Matthews |Hart Energy| Oil and gas output growth from key U.S. basins is expected to slow next month, according...
By: AP – U.S. climate envoy John Kerry on Tuesday urged the world to be “very skeptical” about claims from oil and...
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By: San Antonio Current – Texas is suing the Environmental Protection Agency over its plan to control smog that drifts into other...
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U.S. energy firms added rigs this week, as the oil rig count rose by the most since February, energy services firm Baker Hughes said in its closely followed report on Friday.
The combined oil and gas rig count, an early indicator of future output, rose two to 618 in the week to Nov. 17. U.S. oil rigs rose by six to 500 this week, while gas rigs fell by four to 114, their lowest since early September.
Data provider Enverus, which publishes its own rig count data, said drillers cut 13 rigs in the week ended Nov. 15, cutting the total to 690. Nevertheless, the overall count was still up about 2% in the last month but down 21% year-over-year.
U.S. oil futures were down about 6% 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.
The total number of drilled but uncompleted (DUC) oil and gas wells dropped by 92 to 4,524 in October, the lowest since December 2013, according to the U.S. Energy Information Administration’s (EIA) Drilling Productivity Report.
SpaceX’s Starship, the most powerful rocket ever built, lifted off for a second test flight on Saturday but lost contact after reaching an altitude of about 90 miles above Earth. Engineers said they believed an automated detonation occurred.
The nearly 400-foot-tall vehicle is being built to carry astronauts to the moon for NASA, and perhaps some day to send humans to Mars.
By Adam Smeltz | UNIVERSITY PARK, Pa. – Oil produced from shale reservoirs drove...
Hart Energy, via Yahoo News | Occidental Petroleum [OXY • NYSE] is selling off...
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By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) cut its West...
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The U.S. Geological Survey has released a fresh look at the Phosphoria Total Petroleum...
˃ Financing from the six largest Wall Street banks for oil, gas, and coal...
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