Baker Hughes data released Friday shows the U.S. oil rig counts jumped by 17 this week to 583, the highest level since...
What makes “Smart” maps so smart? By now, I’m hoping many of you are taking advantage of some the great free resources...
2016 was a come-back year for Continental Resources (NYSE: CLR). The shale driller overcame some missteps, made early in the downturn, to get back...
Rig Count On Fire Over Last 90 Days The number of rigs drilling for oil in the United States totaled 566, up...
Exxon Mobil Corporation (NYSE:XOM) recently announced it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through...
It is without question that technological innovations have drastically altered the way that geologists and engineers perform their jobs. For the landman,...
Oil rigs down, Permian Remains Resilient. In 2016, the oil rig count staged a comeback not seen since the most recent oil...
This month’s article is a continuation of the Due Diligence topic we started in December. You may remember in my previous article...
Oil and Gas Bankruptcy Update: Samson Resources Haynes and Boone has tracked 114 North American oil and gas producers that have filed...
Out With The Old, In With The New – Rig Count Climbs Again A Look Back At 2016 Things were ominous for...
U.S. stocks finished mostly lower on Wednesday, with the S&P 500 and Nasdaq ending down for the fourth time in the past five sessions, as investors continued to focus on the prospect of an economic slowdown.
Based on preliminary data, the Dow Jones Industrial Average finished up 38.04 points, or less than 0.1%, at 40,974.97.
The S&P 500 closed down by 8.86 points, or almost 0.2%, at 5,520.07. Wednesday's level was the lowest since Aug. 14.
The Nasdaq Composite fell 52 points, or 0.3%, to finish at 17,084.30. Wednesday's level was the lowest since Aug. 12.
On Tuesday, all three indexes ended with their largest percentage declines since Aug. 5.
Oil prices settled nearly 5% down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted Libyan crude production and exports.
Brent crude futures closed down $3.77, or 4.9%, at $73.75 a barrel, their lowest level since Dec. 12. West Texas Intermediate crude futures (WTI) , which did not settle on Monday because of the U.S. Labor Day holiday, fell $3.21, or 4.4%, to $70.34 - also their lowest since December.
Brent closed down 0.3% last week, while WTI settled 1.7% lower.
Libya's legislative bodies have agreed to appoint a new central bank governor within 30 days after U.N.-sponsored talks, a statement signed by representatives of those bodies said on Tuesday.
Helium is the second most abundant element in the universe after hydrogen. It is a...
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...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Story by Bloomberg, via RigZone.com |Authors: J.Saul, N.S.Malik, M.Chediak| Energy companies in the US are...
A small group of California Republicans has introduced several bills ahead of a special...
Artificial intelligence (AI) is increasingly influencing electricity consumption in the U.S., mainly due to...
The oil and gas industry is inherently tied to geopolitical events and domestic policy...
Story from Bloomberg|By Anthony Di Paola| Libya’s crude exports continued to slump as UN-led...
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