Whether the weakness persists will show up first in structure and stocks: if spreads settle into contango alongside continued builds, the surplus...
Operators across the Lower 48 are entering a pivotal new phase of development, where rising marginal costs and declining Tier 1 drilling...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit has jumped to its highest level since 2016,...
The Yates Oil Field, located in the heart of the Permian Basin, remains one of the most iconic and prolific oil fields...
Ukraine’s ongoing drone campaign has become a major headache for Moscow, targeting one of Russia’s most critical assets: its oil refining infrastructure....
OPEC+’s production hikes have been a tool to both punish countries that were overproducing oil and to lower prices in an effort...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations for the Henry Hub natural gas price at...
AXP Energy has confirmed the presence of hydrocarbons in multiple pay zones at its Charlie #1 well, drilled on the Edward Lease...
By Claire Hao, Staff Writer| Houston Chronicle| Vistra plans to build two new natural gas power plants in the Permian Basin in response...
Mineral rights fragmentation is not a temporary crisis but an inherent, perpetual friction in the American system of private subsurface ownership. For...
West Virginia unveiled the Mountain State Plugging Fund on Thursday to retire roughly 20,000 old oil and gas wells over the coming decades. The privately financed fund aims to prevent groundwater contamination and methane leaks at no taxpayer cost.
Diversified Energy will contribute $70 million over 20 years, projected to grow to $650 million through returns. The company agreed to retire at least 1,500 wells initially, then 250 annually. Costs range from $25,000 to over $50,000 per well. See well decommissioning practices training.
Officials believe this is the first business-funded cleanup fund of its kind. Millions of abandoned wells nationwide leak methane and pollutants, with thousands orphaned by defunct companies.
The Yates Oil Field, located in the heart of the Permian Basin, remains one...
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...
Whether the weakness persists will show up first in structure and stocks: if spreads...
OPEC+’s production hikes have been a tool to both punish countries that were overproducing...
In a rare win for both production and environmental performance, a new analysis by...
Algeria has taken another major step to revitalize its oil and gas sector, signing...
by Andreas Exarheas|Rigzone Staff |RigZone.com |Executives from oil and gas firms have revealed their expectations...
Despite years of glossy sustainability campaigns and promises to lead the energy transition, the...
By Irina Slav for Oilprice.com | The amount of oil on tankers in transit...
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