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....
On July 28, 2016, Devon Energy Production LP (DVN) filed a Transfer of Operator (Form 1073) with the Oklahoma Corporation Commission (OCC) transferring...
Devon Energy Corporation (NYSE: DVN) has assets in the very best North American resource plays and a deep inventory of opportunities. After initiating...
BHI revealed a weekly climb in the number of active U.S. rigs drilling for oil–the sixth-weekly climb in seven weeks.The number of...
Back in January of this year, Luxe Energy LLC announced it had acquired about 18,000 net acres in the core of the...
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440. A year...
The number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 421, snapping three...
With the equity backing of Natural Gas Partners, HighMark Energy was formed in the fall of 2013 to acquire, develop and produce upstream...
U.S. stocks closed higher, with the S&P 500 scoring another record close as investors await an inflation update on Friday.
The Dow Jones Industrial Average added 260.36 points, or 0.6%, ending at 42,175.11, its second-highest close ever.
The S&P 500 rose 23.11 points, or 0.4%, ending at 5,745.37, scoring its 42nd all-time closing high this year.
The Nasdaq Composite added 108.09 points, or 0.6%, ending at 18,190.29.
Traders were dialing back expectations for how big an interest-rate cut could be on the docket at the Federal Reserve's November meeting. The odds were shifting in favor of a cut of 25 basis points on Thursday after a string of economic data pointed to resilience in the U.S. economy.
While the labor market remains the biggest focus, investors will be monitoring Friday's inflation data via the Fed's preferred PCE index. The data is likely to show inflation cooling further, backing additional rate cuts.
The numbers: Orders for durable goods were flat in August, the Commerce Department said Thursday. The result was much better than anticipated. Economists had forecast a 3% fall in orders for durable goods — products made to last at least three years.
Durable goods orders rose a revised 9.9% in July, up slightly from the prior estimate of a 9.8% gain.
Core capital goods orders, which exclude volatile sectors like transportation and defense, rose 0.2% last month after a 0.2% drop in July.
Shipments of core goods, which are factored into GDP, rose 0.1% in August.
The companies announced Sept. 26 that Chesapeake Energy’s $7.4 billion merger with Southwestern Energy is expected to close in the first week of October, with the combined company renamed Expand Energy Corp.
The two natural gas players said they had cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Expand Energy will become the largest gas producer in the U.S. with its massive, dual footprints in both the Appalachia and Haynesville shale plays.
The all-stock acquisition of Southwestern by Chesapeake was first announced in January, but additional scrutiny and information requests by the Federal Trade Commission caused some delays. The new Expand name was only announced on Sept. 26.
The first oil well discovered in Oklahoma was the Nellie Johnstone No. 1 in 1897 and at...
Introducing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the captivating...
Next week, Oklahomans will decide who takes a seat on the Oklahoma Corporation Commission,...
By Trevor Hawes, Editorial Director | Midland Telegram Reporter |A thunderstorm in West Texas can...
by Bloomberg| G.Smith, S.Cheong, A.Longley, M.Gindis |Oil traders are divided over whether OPEC+ will proceed...
With the U.S. presidential election less than a week away, energy policy has become...
Georgina McCartney | Reuters |A top economist for the state of New Mexico, the...
Ukraine is struggling to meet its gas storage target for this winter, falling short...
In the Permian Basin, a prime oil-producing territory, a critical issue has surfaced: the...
Overview: Preparing for the 2024-2025 Winter Heating Season As winter approaches, both natural gas...
U.S. natural gas production from shale and tight formations, which accounts for 79% of dry...
Story Credit| Fox News |Greg Norman, Brie Stimson, Caitlin McFall, Liz Friden, Efrat Lachter...
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