With the acquisition from PayRock of 61,000 net acres in the STACK region for $888 million now closed, Marathon Oil is starting...
Devon Energy Announces Third Successful STACK Spacing Test and High-Rate Extended-Reach Oil Wells Devon Energy Corp. (DVN) announced today it has successfully...
This week before presenting the current rig count data we take a historical look at rig counts across two categories. (1) The...
The number of U.S. oil drilling rigs were unchanged at 406 this week after eight weeks of consecutive rises, Baker Hughes reported...
Citizen Energy II, LLC, a private Tulsa-based company has been active drilling Woodford tests down on the Canadian and Grady County line, in...
The last several years provided some of the most economic shale wells ever drilled in the US, one of the many reasons...
Last Weeks Drilling Intents, Spacing and Pooling Filings. Oklahoma Corporation Commission (OCC) latest filings as reported by Oseberg show Citizen Energy II LLC, a...
In the energy-rich regions of the United States, regular landowners have a lucrative interest in the legal framework of mineral and royalty rights....
Rimrock Resource Partners LLC closed a $150 million acquisition of Scoop assets, the company announced July 28. The acquisition covers approximately 24,500...
U.S. oil futures settled higher on Friday. On the New York Mercantile Exchange, September WTI settled at $41.60 a barrel. The U.S....
This week, U.S. energy firms added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes. Despite this week's rig increase, the total count was still down 116, or 16% below this time last year.
The total oil and gas rig count, an early indicator of future output, rose by one to 604 for the week of May 17. Oil rigs rose by one to 497 this week, while gas rigs were unchanged at 103.
The oil and gas rig count dropped about 20% in 2023 after rising by 33% in 2022 and 67% in 2021, due to a decline in oil and gas prices, higher labor and equipment costs from soaring inflation, and as companies focused on paying down debt and boosting shareholder returns instead of raising output.
Story by Tsvetana Paraskova for Oilprice.com: The slump in U.S. natural gas prices in...
Harold Hamm, the founder of Oklahoma based Continental Resources and a major figure in...
“I will cut your energy prices in half” From OilPrice.com | A Trump campaign...
The Energy Workforce & Technology Council (EWTC) has just released its 2024 Workforce Report,...
Story from BBC News|Mark Poynting & Esme Stallard | The UK is about to...
When Cindy Taff was a vice president at Shell in Houston, she often worked...
By World Oil | The Bureau of Safety and Environmental Enforcement (BSEE) has activated its...
Chevron’s $53 billion acquisition of Hess Corporation has caught the attention of the Federal...
Story By Melody Petersen|Los Angeles Times|Escalating his fight against the fossil fuel industry, Gov....
U.S. shale oil and gas executives are increasingly shifting toward electric rigs and fracking...
The Dallas Fed conducts the Dallas Fed Energy Survey quarterly to obtain a timely...
Chevron CEO Michael Wirth recently criticized U.S. President Joe Biden’s administration for policies that...
Have your oil & gas questions answered by industry experts.