OklahomaMinerals.com
Oil & Gas News
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637China-US climate progress could hinge on new methane deal
By: Reuters – This week’s visit by U.S. climate envoy John Kerry to China after years of diplomatic disruptions could boost cooperation between the...
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596
Russia’s Strategic Move: Significant Reduction in Oil Exports Anticipated in August
Russia, a key player in the oil industry, has recently announced plans to reduce its oil exports from western ports by approximately...
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561
Brent Oil Hovers Above $80 as U.S. Inflation Eases
By: Reuters – Global oil benchmark Brent hovered above $80 a barrel on Thursday after U.S. inflation data implied interest rates in...
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2.5K
Continental Hits Oil Gusher in Carter County
Continental Resources struck black gold once again in Carter County, with the completion of five new wells that are producing nearly 2,700...
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651
Oklahoma’s Quaking Dampened Over Time Through Cooperation
By: Carlsbad Current-Argus – Oklahomans in 2015 probably felt like Californians as their homes were rocked by strong earthquakes. But Californians were...
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650
$300 million Permian Basin oil and gas sale closes as company exits Eagle Ford
Story By Adrian Hedden, |Carlsbad Current-Argus, via Yahoo News| A $300 million sale of oil and gas assets on the western edge...
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637
Saudis Sensitive to Weak Level of Demand
Story By Andreas Exarheas |RigZone| Saudi Arabia is sensitive to the “weak level” of demand in the world leading to production cuts,...
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546
Department of Energy’s Strategic Move: Repurchasing 6MM Barrels
On July 7, the US Department of Energy (DOE) revealed its intention to repurchase approximately 6 million barrels of sour crude oil....
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510
Ring Energy Sells Non-Core Delaware Assets
By: The Midland Reporter-Telegram – Ring Energy Inc. announced a $25 million net reduction of borrowings during the second quarter on its...
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666
Oil Platform Fire Kills Two in Gulf of Mexico
A severe fire erupted early Friday morning at an offshore platform operated by Pemex, the Mexican state oil company, located just off...
