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Oil & Gas News
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2.0KBlackstone to buy oil services firm Ulterra for $700 million
HOUSTON/NEW YORK (Reuters) – Blackstone Group has agreed a deal to acquire Ulterra Drilling Technologies, a manufacturer of drill bits and downhole...
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Thicker Than Oil
It would be hard to have not seen the news about the recent disappearance of Saudi citizen and dissident reporter Jamal Khashoggi,...
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Mind the Drop: Decline Rates From Maturing Oil Wells on the Rise
(Bloomberg) — Oil producers in the Permian Basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk...
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The United States continues to increase production of lighter crude oil
Source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production As domestic production continues to increase, the average density of crude oil...
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Citation Oil and Gas Corp. Royalty Owner Proposed Class Action Settlement
SEATTLE, Oct. 12, 2018 /PRNewswire/ — JND Class Action Administration – Citation Oil and Gas Corp. The Settlement Class includes: All non-excluded owners of a...
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Both natural gas supply and demand have increased from year-ago levels
U.S. natural gas supply report. Source: U.S. Energy Information Administration, Natural Gas Monthly, September 2018 In the first half of 2018, U.S. natural gas...
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Rig Count Update: October 5, 2018
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. Baker Hughes...
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6 Oklahomans Make Forbes 400 List
OKLAHOMA CITY (TNS) — Six Oklahomans made the prestigious Forbes 400 list of wealthiest Americans, while one recently cracked the list of...
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LongPoint Minerals II Announces Successful Capital Raise of over $846 Million Targeting Mineral Interests
DENVER, Oct. 2, 2018 /PRNewswire/ — LongPoint Minerals II, LLC (LongPoint II) announced the closing of its capital raise totaling over $846 million with an anchor equity...
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Canada Is Missing Out on the Global Oil Recovery
Cenovus Energy Inc. Chief Executive Officer Alex Pourbaix was in his office in downtown Calgary, Canada in late August when he checked his...
