Two private E&P giants are joining forces to form a pure-play Midland Basin company with more than 70,000 acres in the basin’s...
Midstates Petroleum Company, Inc. today announced the closing of the previously announced sale of its Anadarko Basin producing properties located in the...
U.S. oil rig count little changed amid mixed report of inventories, record production The total number of active drilling rigs in the United...
Denver (Platts)–29 May 2018 – Drilling permits in Oklahoma’s SCOOP/STACK plays have gone underutilized so far this year compared to recent history,...
Jericho Oil Corporation (“Jericho”) (TSX-V:JCO) (OTC PINK:JROOF) is pleased to provide an update regarding its ongoing participation in its joint venture in...
Kimbell Royalty Partners has agreed to acquire the mineral and royalty interests held by Haymaker Minerals & Royalties and Haymaker Resources in a transaction valued at approximately...
UPDATED 6.5.18 – new regulatory filings just to the northwest of these minerals, with spacing and poolings filed by Calyx Energy in...
Pony Oil, LLC announced this morning that it has acquired a mineral and royalty package of 2,018 Net Royalty Acres across Glasscock County,...
Amid a rising rig count, oil prices fell sharply Friday after influential energy ministers said a group of two dozen producer nations...
The total rig count has been up 11 out of the last 12 weeks. The number of total rigs exploring in the...
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.
(Reuters) -Oil prices tumbled 6% on Monday, or more than $4 a barrel, after Saturday's retaliatory strike by Israel against Iran's military bypassed oil and nuclear facilities, not disrupting energy supplies.
Brent futures settled at $71.42 a barrel, down $4.63 or 6.09%. WTI U.S. crude futures finished at $67.38 a barrel, down $4.40 or 6.13%.
Both Brent and U.S. West Texas Intermediate crude futures hit their lowest since Oct. 1 at the open.
"This is a perfect example of a headline-driven market," said Phil Flynn, senior analyst at Price Futures Group. "We still have a lot of geopolitical risk."
By Jonathan Saul | LONDON (Reuters) – At least 65 oil tankers have dropped...
When it comes to leasing oil and gas mineral rights, mineral owners often find...
Story by Andreas Exarheas| RigZone.com |. Oil market sentiment appears to have improved significantly...
Langford Energy Partners (LEP), a private oil and gas operator, has announced the purchase...
The Permian Basin continues to dominate the U.S. oil production landscape, while other maturing...
The U.S. energy industry recently experienced an extraordinary run of oil and gas mergers...
Texas set a series of new milestones in 2024 for its oil and natural...
Story by Bloomberg|Mia Gindis | Oil slipped from a five-month high as Hamas and Israel tentatively...
By JENNIFER McDERMOTT | AP | Chris Wright, President-elect Donald Trump’s pick for energy secretary, told...
(Bloomberg) — Oil companies declined to bid in a US government auction for drilling...
The Biden administration on Friday unveiled its most extensive sanctions package yet against Russia’s...
Story By Sohrab Darabshaw | Via Metal Miner| U.S. President Donald Trump has not...
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