Oil & Gas News Archives

GE spinning off Baker Hughes

General Electric Co. plans to spin off its health-care business and unload its ownership in oil-services company Baker Hughes, people familiar with...

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DUC’s growing as Permian Basin pipeline scarcity worsens

Bloomberg – Pipeline bottlenecks in North America’s biggest oil field (Permian Basin) are so pervasive that drillers are quitting new wells at...

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BNSF Oil Spill In Iowa

DOON, Iowa (AP) — An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa...

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Rig Count Update: June 22, 2018

Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. Closing Oil Prices – Friday, June 22, 2018 WTI...

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Sand – Holder of History, Shaper of Futures

Have you ever thought much about sand? Maybe you played in it as a kid. Or maybe left your...

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SandRidge Buyout Gathers Interest

(Reuters) – SandRidge Energy Inc. said on Friday it had been approached by 17 potential bidders for a buyout, including billionaire Carl...

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Continental Resources’ Hamm pulls out of OPEC meeting

Continental Resources says CEO and founder Harold Hamm has canceled a scheduled appearance at this week’s OPEC meeting in Vienna, leaving only...

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Pioneer Natural Resources sells Raton Basin assets for $79 million

Pioneer Natural Resources Co. announced on June 13th, 2018 that it agreed to sell all of its Raton Basin assets in southeastern...

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Rig Count Update: June 15, 2018

Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. The overall US Rig count fell while U.S. energy...