Chesapeake Energy Files $445 Million Dollar Claim Against McClendon Estate After almost 8 months when Oklahoma energy leader Aubrey McClendon was killed...
TULSA, Okla.–Casillas Petroleum Resource Partners, LLC, a partnership between Casillas Petroleum Corp. and Kayne Anderson Energy Funds, announced today that it has...
In a Bloomberg article published yesterday, Lee Boothby, the CEO of Newfield Exploration (NYSE:NFX) shared some thoughts on the future development of...
Two private equity backed Fort Worth oil companies are merging into what will be one of the largest pure-play exploration and production...
Snapshot: US Rig Count – CLIMBING +11 Energy Update November West Texas Intermediate crude CLX16, tacked on 41 cents, or 0.9%, to settle...
Seller: Scoop Energy Co. LLC Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or the “Company”) today announced the closing of its previously announced...
Natural gas sold off more than 2% on Thursday and continued the decline in today’s trading, losing another 1.6% with a close...
Templar Energy LLC and its affiliates (“Templar” or the “Company”) announced today that it has closed a comprehensive restructuring transaction on a...
The Week of September 12th – Recap of New Drilling Permits, Spacing, and Pooling Applications *Be sure and read the YTD Pooling Summary...
OKLAHOMA CITY, September 14, 2016 – Judge David R. Jones on Friday approved the SandRidge reorganization plan and the company will emerge...
Diamondback Energy, the largest independent oil and gas producer in the Permian Basin, has warned that the U.S. shale industry may be repeating past mistakes of unsustainable growth. The company plans to limit its own output growth to 2% next year, emphasizing the need for financial discipline over aggressive production expansion.
Diamondback's CFO, Kaesa Van't Hof, cautioned that other companies' focus on lowering break-even costs to justify growth has "gotten this industry in trouble in the past" and may be leading the industry back down a problematic path. The broader shale sector is closely monitored, as rising U.S. production has put pressure on OPEC, leading the cartel to delay a planned production increase. Some producers, such as Matador Resources and ConocoPhillips, have already raised their production guidance, but Diamondback aims to prioritize free cash flow over capital expenditure growth.
The U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 1. EIA HERE
Over the past five years, BP has attempted to make a bold move to...
(Reuters) – Oil prices were little changed on Wednesday, pressured by a large surprise...
APA Corporation, a Houston-based oil and gas exploration company, is expanding its partnership with...
Story By Mella McEwen | Midland-Telegram Reporter |Devon Energy has begun detailing the results...
Donald Trump’s transition team is preparing to make energy a top priority, aiming to...
ONEOK, Inc. [OKE.N] and EnLink Midstream, LLC [ENLC.N] have announced that they have executed...
ConocoPhillips has recently made headlines with its acquisition of Marathon Oil, a move that...
By Ernest Scheyder |HOUSTON (Reuters) – Exxon Mobil said on Wednesday it has signed...
U.S. natural gas producers are gearing up to boost output in 2025 after a...
Suspected sabotage of Baltic Sea communication cables has sparked investigations and heightened tensions between...
From Bloomberg|by Jonathan Tirone| Iran has agreed to stop producing uranium enriched close to...
We are continuing our new periodic series, “Wildcatter Chronicles,” where Oklahoma Minerals delves into the...
Have your oil & gas questions answered by industry experts.