Tallgrass Energy, LP (TGE-OLD) (NYSE: TGE) (“Tallgrass”) and Silver Creek Midstream, LLC (“Silver Creek”) today announced a binding open season soliciting additional...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. U.S. energy companies this week added oil rigs for...
A massive natural gas project in the Uinta Basin that promised as much as $1 billion in state royalties over its lifetime...
Mineral Buyers Are Not Created Equal~ With the announcement of Longpoint Minerals II securing $802 million to purchase Oklahoma and Texas mineral...
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain...
Libya’s National Oil Corporation has declared force majeure on crude oil loadings from two oil terminals, which effectively removed 850,000 bpd from...
I. The stakes are far too high, and in any case in which a defendant’s primary appeal to the public is to...
Ascent Resources said Friday it’s spending $1.5 billion for oil and natural gas assets in Ohio’s Utica Shale Play, deals that will...
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. Experts say disruption to crude oil supplies from Iran...
From Newsok.com -Echo Energy set to move 100 employees to new downtown headquarters Echo Energy, a northwest Oklahoma City company, is set...
Auctions remain a popular method for buying and selling oilfield equipment, offering benefits to both parties according to Jim Richie, partner and chief auctioneer at Superior Energy Auctioneers. While buyers can control their maximum spending and sellers can set minimum prices, the competitive nature of auctions often drives prices higher than asking prices. Following the COVID-19 pandemic, truck and road-related equipment prices soared due to supply chain issues, though they've since normalized as new vehicle production resumed.
The market currently features abundant drilling, service, and downhole equipment available for auction, attracting global interest. Richie cites the liquidation of Golden State Drilling, a 47-year-old California company, as an example of the international appeal, with inquiries coming from Kazakhstan, Dubai, Australia, Europe, and South America, demonstrating strong worldwide demand for oilfield equipment.
Oil prices fell sharply Monday, setting the stage for U.S. average gasoline prices to potentially drop below $3 per gallon for the first time since 2021, with the U.S. presidential election approaching. According to GasBuddy data, regular unleaded gas averaged $3.08 per gallon Monday afternoon, down nearly 13 cents from a month ago and 40 cents below last year's prices.
With refinery maintenance season nearing its end and global supplies remaining plentiful, OPIS analyst Tom Kloza sees "no real catalyst" for gas prices to rise. CIBC Private Wealth's Rebecca Babin suggests prices should remain stable barring any disruptions from geopolitical or weather events, as long as crude prices stay low.
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
The owner of the Inglewood Oil Field in Los Angeles County is taking the...
By Jarrett Renshaw (Reuters) – U.S. President-elect Donald Trump does not intend to spare...
Thanksgiving Day, 6:42 a.m. The faint glow of sunrise illuminated the empty parking lot...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Kaanita Iyer, CNN |President-elect Donald Trump has chosen North Dakota Gov. Doug Burgum to...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
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