Oil & Gas News Archives

Texas court sides with Barnett Shale Mineral owners

FORT WORT – A Tarrant County judge has rejected efforts by Chesapeake Exploration and Total E&P USA to dismiss claims in multidistrict...

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LongPoint Minerals II raises $800+ million dollar fund

The Denver Business Journal is reporting that the management team of Denver’s FourPoint Energy has raised another fund of more than $800 million under LongPoint...

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The Greatest Gamblers – The Epic of American Oil Exploration

Reading has been one of my favorite pastimes since I was a kid. Reading is a great way to exercise your brain and...

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The Apparently Never-Ending Permian Blowout

Energy dominance carries its own backlash, it turns out. Ground zero is the Permian basin in west Texas, where oil production has run...

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Rig Count Update: June 8, 2018

Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The Permian basin saw the biggest increase in the...

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FourPoint & Double Eagle are joining forces

Two private E&P giants are joining forces to form a pure-play Midland Basin company with more than 70,000 acres in the basin’s...

2.8K

Midstates Petroleum divests Anadarko Basin assets

Midstates Petroleum Company, Inc. today announced the closing of the previously announced sale of its Anadarko Basin producing properties located in the...

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Rig Count Update: June 1, 2018

U.S. oil rig count little changed amid mixed report of inventories, record production The total number of active drilling rigs in the United...

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Underutilized drilling permits in SCOOP/STACK provide upside to production (Platts)

Denver (Platts)–29 May 2018 – Drilling permits in Oklahoma’s SCOOP/STACK plays have gone underutilized so far this year compared to recent history,...