After witnessing a bombing in Iraq, the Army Reserves veteran and newspaper columnist decided to work through her P.T.S.D. in the fields...
FORT WORTH, Texas–(BUSINESS WIRE)–Feb 11, 2019–Pegasus Resources, LLC (Pegasus), a mineral and royalty company based in Fort Worth, Texas, announced today that...
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Innovation, investment and inviting geology have given new life to an oil patch that once seemed spent. The oil field is now...
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Chesapeake Energy Corporation and WildHorse Resource Development Corporation jointly announced today the preliminary results of the elections made by holders of shares...
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Permian Strategic PartnershipReuters –Former U.S. Commerce Secretary and energy executive Don Evans will chair a partnership of oil and gas firms that...
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...
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A small group of California Republicans has introduced several bills ahead of a special...
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