OklahomaMinerals.com
Production
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2.2KEIA expects relatively flat natural gas prices, continued record production through 2020
EIA’s January 2019 Short-Term Energy Outlook (STEO) expects several U.S. natural gas market trends from 2018 to continue into 2019 and 2020, including relatively...
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2.1K
U.S. Sept crude oil output hits 11.5 mln bpd, 4th straight month of record highs
Nov 30 (Reuters) – U.S. crude oil output hit a new all-time high of 11.5 million barrels per day in September, according...
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U.S. crude oil and natural gas production increased in 2017, with fewer wells
Source: U.S. Energy Information Administration, U.S. Oil and Natural Gas Wells by Production Rate Note: Annual production estimates shown here are based on data...
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2.2K
Continental Resources Reports Earnings
Continental Resources Earnings Estimates: Analysts expect Continental Resources earnings to soar 800% to 81 cents per share with revenue up 66.7% to $1.21 billion....
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Blackstone 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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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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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...
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2.3K
Ducs are Soaring in US Shale Fields
For a number of reasons, the US inventory of drilled-but-uncompleted wells (DUCs) has swelled from almost 4,300 to more than 8,200 in...
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Diamondback buys Energen in $9.2 Billion All-Stock Deal
Diamondback Energy Inc. said Aug. 14 it will create a Permian powerhouse with the acquisition of Energen Corp. in an all-stock transaction...
