Bloomberg Wire – Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more...
Stay updated on Oklahoma oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. Only...
Avi Salzman – Barrons – Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines....
David Wethe, (Bloomberg) — No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their...
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
By: Kevin Crowley & Rachel Adams-Heard at Bloomberg – One of the biggest Texas shale explorers warned it will halt all drilling...
By Ryan Dezember and Vipal Monga, Wall Street Journal –ENERGY: Canceled orders were mounting when Texland Petroleum LP recently decided to shut in each of...
NEW YORK (Reuters) – Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to...
Jordan Blum – S&P Global Platts – HOUSTON — US commercial crude storage could hit its capacity in mid-May as refinery demand and...
U.S. energy firms this week cut the number of oil and natural gas rigs operating to the lowest since January 2022, energy services firm Baker Hughes said in its closely followed report on Friday. The total rig count is down 97, or 14%, below last year.
The total oil and gas rig count, an early indicator of future output, fell by four to 590 in the week to June 14. Oil rigs fell by four to 488 this week, which was also their lowest since January 2022, while gas rigs were unchanged at 98, the lowest since October 2021.
In Texas, the state with almost half of the country's active rigs, the total count slid by 2 to 285, the lowest number of rigs operating in the state since January 2022. Oklahoma dropped 1 rig, now at 37 rigs turning to the right.
Baker Hughes said the total rig count is down 97, or 14%, below last year.
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Diamondback Energy, Kinetik Holdings, and EPIC Midstream have announced a series of transactions designed...
Story By Andreas Exarheas|Rigzone.com| The natural gas market is impacted by a combination of...
In a recent interview with Bloomberg, Wil Vanloh, CEO of Quantum Energy Partners, shared...
By Lucia Kassai and Devika Krishna Kumar |Bloomberg)– Oil storage tanks at a key US...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Have your oil & gas questions answered by industry experts.