In a recent announcement, Devon Energy, a prominent U.S. shale producer, disclosed that it had surpassed first-quarter profit expectations. This achievement comes...
In a pivotal announcement on Monday, Colorado Governor Jared Polis revealed a groundbreaking agreement between the oil and gas industry and environmental...
Brage is a producing conventional oil field located in shallow water in Norway. The Brage conventional oil field recovered 89.79% of its...
In short, geopolitical risk is still both large and intact, in our view ~Standard Chartered Story by Andreas Exarheas| RigZone.com | Recent oil...
Let’s dive into why Liquefied Natural Gas (LNG) is often seen as a game-changer in the shift from coal to cleaner energy...
Abigail Celaya and Madeline Nguyen |Arizona Republic| The eastbound lanes of Interstate 40 at Chambers, Arizona, remained closed Saturday evening after a...
In the current landscape of the energy sector, the staggering investments exceeding $100 billion by the two largest oil companies in the...
The latest pursuit of oil exploration in the ecologically delicate Apalachicola River basin has ignited a renewed wave of opposition, as environmentalists...
Story by Andreas Exarheas| RigZone.com | In a release sent to Rigzone this week, Enverus Intelligence Research (EIR) outlined that U.S. upstream merger...
Recent legal actions have arisen in Denver and Colorado as building owners, hoteliers, and real estate developers oppose new environmental mandates they...
U.S. energy firms added oil and natural gas rigs for a second week in a row this week, boosting the monthly count by the most since November 2022, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count rose by three to 589 in the week to July 26. Despite this week's rig increase, the total count was still down by 75, or 11% below this time last year.
Oil rigs rose five to 482 this week, while gas rigs fell by two to 101.
In the Permian in West Texas and eastern New Mexico, the nation's biggest oil-producing basin and home to more than half the country's rigs, drillers cut one rig, bringing the count down to 304, the lowest since February 2022.
In the Williston in North Dakota and Montana, drillers added one rig, bringing the count up to 36, the highest since June 2023.
In July, total oil and gas rigs rose by eight, their first monthly increase since February and the biggest monthly increase since November 2022.
Oil rigs rose by three in July, putting the count up for the first month since March, while gas rigs climbed by four in their biggest monthly increase since July 2023.
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
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...
A Spanish infrastructure company, Redexis, has reached a significant milestone for Spain’s energy industry....
Landowners in Arkansas are calling on the Arkansas Oil and Gas Commission to reject...
Story By Jonathan Leake | The Telegraph | Analysts have warned that Labour’s tax...
A federal judge has hit the pause button on new oil and gas drilling...
Story By Andreas Exarheas |Rigzone.com| The U.S. Energy Information Administration’s (EIA) latest gasoline and...
By David Wethe | (Bloomberg) — The price to rent a deepwater drilling rig may...
Some projections rank this discovery as the world’s fourth-largest in terms of oil and...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
Have your oil & gas questions answered by industry experts.