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...
Marathon Oil allocated $1.15 billion to activity in North America for 2016 with the majority focused on the Company’s three U.S. resource...
On June 2, Halcón Resources Corp. reported that on May 26, it was notified that the price of its common stock had...
I am continually analyzing a myriad of data streams in an effort to determine where best to invest in buying oil and...
The West Texas Intermediate (WTI) oil futures are currently trading at around $48 per barrel this morning. Baker Hughes Inc. reported another...
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.
The United Arab Emirates is making a major financial play in the United States,...
By Alex Kimani| OilPrice.com | Hedging is a popular trading strategy frequently used by oil...
CNBC – President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and...
Crowley has officially raised the U.S. flag on American Energy, marking the beginning of...
Goldman Sachs says a drop in oil prices could significantly impact production growth outside...
A jury in North Dakota has delivered a devastating blow to Greenpeace, ordering the...
By Mella McEwen,Oil Editor |Midland Telegram-Reporter| Buffeted by geopolitical risk, trade policies and other factors,...
Story By Rodielon Putol | Earth.com | Transitioning from fossil fuels to renewable energy,...
In 2024, Texas’s oil and natural gas industry achieved unprecedented production milestones, reinforcing the...
As it ages, the Permian Basin is producing more water, gas, and less oil...
President Donald Trump on Monday announced a sharp new move aimed at Venezuela’s oil...
Story by Andreas Exarheas |RigZone.com| In a Stratas Advisors report sent to Rigzone by...
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