Oseberg.io reported this week that Stone Oak Operating, LLC acquired more than 100 wells from Tapstone Energy in Northwest Oklahoma (particularly Beaver, Ellis, and Harper county)....
OKLAHOMA CITY, Sept. 10, 2018 /PRNewswire/ — SandRidge Energy, Inc. (the “Company”) (NYSE: SD) announced today that it has concluded its formal strategic review process...
The wild tale of America’s energy revolution, and the cowboy who made and lost billions on shale.
(Bloomberg) — The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. U.S. benchmark...
Argus Media is reporting that US independent producers are stepping up hedging of oil and natural gas production as a safety net...
U.S. oil and gas companies are beginning to open their wallets wider given higher commodity prices. According to a report out last week from...
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling output from Iran will tighten markets once U.S. sanctions...
Stay updated on oil and gas stories, prices and the weekly rig count. Sign up for our Weekly Newsletter HERE. The US...
OKLAHOMA CITY – St. Gregory’s University sold off a chunk of its assets and mineral rights for about $10.2 million in a...
Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt global crude supplies.
U.S. crude prices gained for the week—their first in eight weeks—as traders continued to monitor rising trade tensions and their impact on the economy and oil demand.
-- West Texas Intermediate crude climbed 63 cents, or nearly 1%, to settle at at $67.18 a barrel on the New York Mercantile Exchange. According to Dow Jones Market Data, Prices increased by 0.2% for the week based on the front-month contract.
-- May Brent crude rose 70 cents, or 1%, to $70.58 a barrel on ICE Futures Europe. It tacked on 0.3% for the week.
-- April gasoline added 0.7% at $2.1487 a gallon, up 1.9% for the week, while April heating oil rose 0.2% to $2.1666 a gallon, but posted a weekly loss of 2.2%.
-- Natural gas for April delivery settled at $4.104 per million British thermal units, down 0.2% for the day and losing 6.7% for the week.
The U.S. stock market closed sharply higher on Friday in a big, broad rebound to mark the end of a bruising week that saw the S&P 500 land in correction territory amid tariff worries.
The S&P 500 climbed 117.42 points on Friday, or 2.1%, to finish at 5,638.94.
The Dow Jones Industrial Average rallied 674.62 points, or 1.7%, to close at 41,488.19.
The Nasdaq Composite jumped 451.07 points, or 2.6%, to end at 17,754.09.
For the week, the Dow fell 3.1%, the S&P 500 shed 2.3% and the technology-heavy Nasdaq dropped 2.4%. The Dow booked its biggest weekly loss since March 2023, while the S&P 500 and Nasdaq each dropped a fourth straight week for their longest losing streaks since August, according to Dow Jones Market Data.
Most of the contiguous US will face severe weather today and tomorrow as a vast low-pressure system moves east across the continent, bringing heavy precipitation, potential tornadoes, and wildfire conditions. The National Weather Service’s Storm Prediction Center issued a moderate risk (level 4 of 5) for severe thunderstorms alert, a rare call made three days in advance (the first in three years).
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
As oil prices sink to their lowest levels in four years and the risk...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
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