OklahomaMinerals.com
Exploration
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1.9KGE to lose majority control of Baker Hughes with up to $3 billion share sale
(Reuters) – General Electric is looking to raise up to $3 billion in sale of majority-owned Baker Hughes shares, resulting in a reduction of...
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He Paid $1.50 an Acre for Barren Texas Land Now Worth $7 Billion
By Austin Weinstein – Bloomberg – So much of the Texas land in the Permian Basin is under production that the lights...
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Exxon Mobil Eyes Oil M&A as Clean Energy Shift Seen Taking Decades
By Kevin Crowley – Bloomberg – Exxon Mobil Corp. Chief Executive Officer Darren Woods is eyeing oil and natural gas deals despite calls to...
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Concho Resources to sell strip of New Mexico assets for $925 million
(Reuters) – U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico...
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As abandoned oil wells climb, regulators consider ways to stop problem from worsening
Tom Stromme – Bismarck Tribune – The number of abandoned oil and gas wells in North Dakota has grown 10% over the...
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Texas shale towns grapple with growth as oil-bust fears fade
ODESSA, TEXAS (Jennifer Hiller – Reuters) – In west Texas shale towns, the center of the U.S. oil boom, about 3,800 students...
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Paths to Profitability in US Unconventionals
Article originally published by McKinsey & Company.By Jeremy Brown, Florian Christ, Tom Grace, and Sehrish Saud After years of high growth, the...
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Texas well completions drop 12% through July
(Liz Hampton – Reuters) – The number of oil and gas wells in Texas readied for production fell nearly 12% in the...
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Private US E&P operators finding innovative ways to lower costs: execs
Starr Spencer – SPGlobal – Houston – Private US exploration and production companies are typically smaller in resources and staff than their larger...
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Houston energy employees are about to miss out
Erin Douglas – Houston Chronicle: Texas’ energy sector is slowing down. Energy companies’ profits profits plunged last quarter, prices for crude are stuck in...
