Gifts bequeathed to some schools decades ago have generated millions in recent years as fracking unlocks oil and gas reserves. Henry Mosier enrolled...
Highlights from this week’s report: As Devon announces the sale of $340MM of Eagle Ford assets, they ramp up in the STACK with 27 permits last...
Drillers added eight rigs to the U.S. oil patch this week as companies continue to expand operations despite the volatility in oil...
In the above satellite image taken June 29, 2017, water bodies show up in deep shades of blue. Rivers and lakes are...
In this week’s report, we see more Arkoma action! We’ve posted several times about the high volume of lease activity in and around...
The rig count has fallen or barely increased in recent weeks, suggesting early signs of moderating U.S. production growth. *U.S. TOTAL...
July 13, 2017, Bloomberg Bob Ravnaas raised a paddle in a Houston auction house to secure his first block of mineral rights...
MIDLAND — Halliburton has hired about 100 new workers each month this year to keep up with surging demand for fracking in...
After reaching back into positive territory last week, the total US Rig Count remained flat this week, with 952 active rigs and...
Oklahoma Oil and Gas Mineral Owners, as companies are consolidating their positions in the SCOOP and STACK, Dewey County appears to be...
Oil futures on Friday ended lower, but still higher for the week, with the possibility that Venezuelan and, especially, Iranian exports will decline due to sanctions being the dominant factors — and bullish ones at that, said Michael Lynch, president at Strategic Energy & Economic Research.
Venezuelan oil exports are “minor enough that, even if the sanctions are effective, the market will be only minimally affected,” he said. President Donald Trump earlier this week threatened “secondary tariffs” of 25% on all imports from any country that buys oil from Venezuela.
Iranian oil exports, meanwhile, could decline by half a million barrels a day or more, but it's not clear how successful sanctions will be, said Lynch. The U.S. on March 20 sanctioned additional entities that have participated in Iran’s petroleum trade as part of its ongoing "maximum pressure" campaign on Iran.
May West Texas Intermediate crude settled down 56 cents, at $69.36 a barrel Friday, down 0.8% for the session but up 1.6% for the week. Brent crude, the international oil benchmark, closed down 40 cents, at $73.63 per barrel.
The U.S. stock market closed sharply down Friday, booking weekly losses as investors fretted over the potential for tariffs to weigh on consumer spending and weaken the economy.
According to preliminary FactSet data, the Dow Jones Industrial Average closed 1.7% lower, the S&P 500 dropped 2%, and the technology-heavy Nasdaq Composite lost 2.7%.
Stock-market volatility climbed Friday as traders parsed fresh economic reports showing core inflation rose in February more than forecast and that consumer sentiment slumped in March amid worries that tariffs will increase inflation. Investors expect that President Donald Trump will reveal his plan for reciprocal tariffs on April 2, an announcement he refers to as "Liberation Day.”
This week, the Dow lost 1%, the S&P 500 slid 1.5% and the Nasdaq fell 2.6%, the preliminary data show.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
In a stark reminder of the volatile energy landscape and the relentless drive for...
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...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
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