OklahomaMinerals.com
Production
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2.1KContinental 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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2.0K
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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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...
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Devon Reports $425 Million Loss in Q2 Earnings Report
Devon Energy Corp. (DVN) on Tuesday reported a second-quarter loss of $425 million, after reporting a profit in the same period a...
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Panhandle Oil & Gas Inc. acquires wells and mineral rights in Oklahoma and North Dakota
Panhandle Oil and Gas Inc. will fork over $9 million to acquire mineral rights and producing oil and gas wells in North...
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Tallgrass Energy and Silver Creek Midstream Announce Iron Horse Pipeline Open Season
Tallgrass Energy, LP (TGE-OLD) (NYSE: TGE) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) today announced a binding open season soliciting additional...
