OklahomaMinerals.com
Oil & Gas News
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1.6K‘It is going to be brutal’: What to expect as oil and gas majors unveil their second-quarter results
CNBC – Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told...
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Frackers Are in Crisis, Endangering America’s Energy Renaissance
By: Bryan Gruley, Kevin Crowley, Rachel Adams-Heard, and David Wethe – Bloomberg – Twenty years ago, before the U.S. oil industry became...
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Houston banks sell off energy loans, cut credit lines to oil and gas companies
Houston Chronicle – Banks are selling off loans and cutting credit lines to oil and gas companies to reduce their risk of...
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Chevron Deal for Oil and Gas Fields May Set Off New Wave of Mergers
By: Clifford Krauss – The New York Times – In the first big deal since oil prices crashed four months ago, Chevron...
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Supreme Court ruling on Oklahoma tribal land raises questions for oil industry
Reuters – A U.S. Supreme Court decision recognizing about half of Oklahoma as Native American reservation land has implications for oil and...
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BLM Leasing: One Senator Looks to Update the Process
NRDC – Montana’s Senator Jon Tester (D) announced today his intent to introduce the Leasing Market Efficiency Act, that would close an oil and...
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California Resources Corp., leading oil and gas producer, files for Chapter 11 bankruptcy
Janet Wilson and Mark Olalde – Desert Sun – California Resources Corp., the state’s largest oil and gas production company with more...
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Oil and gas drilling set for at least a 20-year low in 2020, plans for new wells fade
Rystad Energy – The COVID-19 pandemic has stymied oil and gas activity, a phenomenon that has now affected the drilling market both...
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What are the differences between ICE Brent and NYMEX WTI futures?
Mike Wittner – The ICE – The world oil market is in the midst of a massive collapse in demand, driven by...
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Appalachian projects delayed, others scrapped after increased regulatory requirements and environmental opposition
Bethany Blankley – The Center Square – The push to bring more economic development to the Appalachian region of western Pennsylvania, West...
