Founded in Oklahoma City in 1926, Panhandle Oil and Gas (ticker: PHX) boasts a foundation of 255,000 net acres of perpetually owned mineral rights spread primarily over Arkansas, Oklahoma, and Texas.
Panhandle is in the position of holding large tracts …
In May, the Colorado Attorney General petitioned the Colorado Supreme Court to review the appellate court’s ruling in the case of Martinez v. Colorado Oil and …
EnerCom, Inc. will host The Oil & Gas Conference® 22 August 13-17, 2017, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can …
Petrus Resources (ticker: PRQ), based in Calgary, Alberta, is active in three primary areas: the Ferrier area of Alberta—which draws from the Cardium formation, Central Alberta, and the foothills regions of the Rocky Mountains.
The company has focused on developing …
WPX Energy (ticker: WPX) announced today the formation of a joint venture with Howard Energy Partners to develop midstream capacity in the Delaware basin.
This venture will support WPX’s operations in the Stateline area, on …
EnerCom released its monthly EnerCom Effective Rig Count today.
The Effective Rig Count reports an equivalent of 1,939 rigs active in the U.S. in May, up from 1,854 last month. …
In response to cycles in the industry, Basic Energy Services (ticker: BAS) has a formula that is proving out. With a presence in most major U.S. oil producing regions, Basic has built its business on well services during every stage …
With assets in the Haynesville Shale—in Texas and Louisiana, Tuscaloosa Marine Shale, and Eagle Ford Shale, Goodrich Petroleum (ticker: GDP) has established a strong portfolio in shale-specific plays.
Goodrich’s Haynesville Shale makes up the core of its operations, …
Powering the industrial base, fueling all modes of transportation including the nation’s food distribution system, and setting the table for national economic growth—filling jobs in the energy industry …
Bellatrix Exploration LTD (ticker: BXE) is a leader in liquids-rich gas production in Canada. Its core operations are in West Central Alberta, in the Spirit River formation.
Bellatrix’s Spirit River assets—which total approximately 92,160 acres—are divided between the Ferrier, Willesden …
Oklahoma-centered Gastar Exploration Inc. (ticker: GST) has built its production portfolio primarily in the STACK play, where it holds 62,600 of its 89,600 net acres, spread across 5 core-zones. The company averaged approximately 5,700 BOEPD during Q1, 2017.
Saudi Arabia, the world’s top oil exporter, will reduce the number of barrels it sends to Asian markets in July by about …
Since the finalization of its restructuring on December 30th, 2016, Energy XXI Gulf Coast (ticker: EXXI) has begun taking steps to bring additional production online and optimize existing production.
Energy XXI itself is focused …
U.S. rigs, driven by shale activity, continued their relentless climb this week, according to Baker Hughes’ Weekly Rig Count.
The total number of rigs active in the U.S. increased by 11, bringing the U.S. …
ExxonMobil Corp. lambasted New York Attorney General Eric Schneiderman after he made what Exxon calls, “inflammatory, reckless, and false allegations,” regarding the manner in which the company evaluates the impact of global warming on its assets and operations.
The NY …
Researchers at The University of Texas at Austin believe they have found a fast method for separating mixed oil and water using nanoparticles.
Most commonly-used methods for separating produced oil and water successfully recover about 95% …
Encana announced the sale of its Piceance basin assets today, in a deal with private operator Caerus Oil and Gas.
In total, Caerus will pay Encana $735 million in cash for …
On June 8th, 2017, a bipartisan team of United States Senators Cornyn, Cruz, Hoeven, Moran, Heitkamp, Daines, Inhofe, and Murkowski sent a letter to the United States Trade Representative, Robert Lighthizer, urging him to consider …
Canada based Advantage Oil and Gas (ticker: AAV) is focused primarily on its Montney natural gas assets in Glacier, Alberta.
The Montney assets produce approximately 235 Mscf/day, and Advantage’s 2P reserves were increased to 2.2 Tcfe as of December 31…
A snap election in the U.K resulted in a hung parliament, weakening the governing Conservative’s position ahead of Brexit. Conservatives won 318 seats with …
Canadian junior Razor Energy, (ticker: RZE) began operation on January 31, 2017 after combining with Vector Resources. After the amalgamation with Vector, Razor Energy completed the acquisition of the Swan Hills asset for $17.1 million.
The Swan Hills asset itself …
Iraq is planning to triple its refining capacity as the third-largest oil exporter increases crude oil production, Bloomberg reported, based on an interview with an official in the country.
Global oil and gas operator Vermilion Energy (tickers: VET) holds producing acreage worldwide. The company’s assets are spread across three main regions: North America, Europe, and Australia. Its oil and gas assets are located in 10 countries.
Vermilion’s focus on …
The USGS published a study last week investigating the effects of oil and gas production on drinking water quality.
The study examined a total of 116 water wells in Texas, …
A new economic study released today by The Los Angeles County Economic Development Corporation (LAEDC) details the oil and gas industry’s sizable economic and fiscal impacts on California’s …
Focused on condensate-rich gas plays in Alberta and British Columbia, NuVista Energy Ltd (ticker: NVA) has been and continues to develop strong assets within the Montney gas play.
The majority of NuVista’s activity is centered in the Wapiti Montney—where it …
Despite the lowest commodity prices in 13 years, U.S. oil and gas production in 2016 continued to outpace all other nations, according to a note from the …
An unexpected crude oil inventory build sent crude prices reeling today, after several weeks of inventory draws seemed to signal the long-awaited market rebalancing.
The EIA today reported …
Bill Barrett Corporation (ticker: BBG) has built a core position in the Northeast Wattenberg field in Colorado’s Denver-Julesberg (DJ) Basin, where it holds 71,900 net acres. The company also has producing acreage within the Uinta Basin in Utah, numbering approximately …
Royal Dutch Shell (ticker: RDSA) lifted force majeure on exports of Nigeria’s Forcados oil grade, returning about 250 MBOPD to world markets, according to shipment data obtained by Bloomberg. Europe’s …
