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Oil & Gas News
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1.9KRoyalty Checks Shrivel as U.S. Shale Bust Slams Rural Economies
Reuters – Royalty checks from shale oil pumped on Paul Ruckman’s land allowed the South Texas retiree to build a six-bedroom, seven-bathroom...
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Continental Resources pushes North Dakota for relief on oil production
Reuters – Continental Resources, one of the largest U.S. shale oil producers, on Wednesday urged North Dakota energy regulators to intervene in the...
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Permian leads production declines among US shale basins
Midland Reporter-Telegram – U.S. operators have been slashing production in response to the collapse in both oil demand and oil prices. Those...
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The Unpredictable Oil Business Fools The Experts Again
Forbes – As with seemingly every other aspect of the COVID-19 pandemic, the fallout and recovery related to the U.S. oil and...
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A month after negative oil prices, U.S. crude contract expiry looms
Reuters – A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next...
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US production cuts to reach at least 2 million bpd in June, predicts Rystad Energy
Oilfield Technology – US oil producers have been expected for some time to have shut down oil production as a result of...
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America’s Oil And Gas Jobs Could Soon Come Roaring Back with Demand
By: Scott Carpenter – Forbes – Bill Gilmer knows an economic bust when he sees one. In the 1980s, when oil prices...
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Goldman Sachs says global oil demand will bounce back but could be hit hard by the lack of business travel
Market Insider – Goldman Sachs is predicting a V-shaped bounce back in oil demand but expects the fuel to face a beating from...
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Inside the Biggest Oil Meltdown in History
By Leah McGrath Goodman, the Institutional Investor. The first-ever zero oil futures trade happened at 2:08 p.m. ET on Monday, April 20, during...
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Debt-stricken Chesapeake Energy to advance incentive executive pay
Reuters – Chesapeake Energy Corp said it would prepay a total of $25 million in incentive compensation to 21 top executives to...
