The U.S. rig count has finally exceeded 900 rigs, according to Baker Hughes’ (ticker: BHI) most recent weekly rig count.
American land rigs added 14 for a total of 878 rigs …
After nearly 17 years at the helm of Halliburton (Ticker: HAL), Dave Lesar will be passing the title of CEO on to the company’s current president, Jeff Miller. The …
Calgary-based Blackbird Energy (ticker: BBI) announced updates to both its operated and non-operated drilling programs Thursday. In the release, Blackbird said that the company plans to drill …
Colorado Attorney General Cynthia Coffman has sent what could turn into a landmark oil and gas ruling to the Colorado Supreme Court for …
The Federal Reserve Bank of Dallas released its Energy Indicators report, outlining the continued recovery of the oil and gas industry.
Texas is the heart of oil and gas activity, with both …
OPEC has been restraining production since the beginning of the year, after a group of cartel …
OPEC’s meeting to decide the future of production cuts is quickly approaching, and many expect that the group will extend their deal through at least the end of this year.
The production cuts, when they were first initiated, helped to …
Noble Energy (ticker: NBL) will sell its 50% interest in Cone Gathering and 33.5% ownership in Cone Midstream Partners (ticker: CNNX) to Quantum Energy Partners for a …
On May 17, 2017, U.S. LNG export startup Tellurian Inc. (ticker: TELL) announced it planned to sell 10,000,000 shares of its common stock in an underwritten public offering with Credit Suisse Securities (USA) LLC as the deal’s sole book-running manager …
A letter to Colo. Gov. John Hickenlooper from a group of sitting Colorado mayors, council members, trustees and county commissioners, dated May 15, 2017, made a plea to the Colorado governor “to override the COGCC vote and …
In case you missed the past three years, on Thanksgiving Day 2014, OPEC announced it would not cut oil production in the name of gaining customers and growing market share for …
Aspen Midstream LLC announced today that the company has secured a commitment of $200 million from private equity group EnCap Flatrock Midstream. Aspen Midstream was launched this May and is headquartered in Dallas, Texas.…
Painted Pony (ticker: PPY) closed its acquisition of 108 net sections in Northeast British Columbia from UGR Blair Creek, a subsidiary of Unconventional Resources Canada. Painted Pony paid for this acquisition with 41 …
U.S. crude oil stocks at this point in 2017 have dropped below the record highs of 2016. But inventories are still high. So in the face of predicted increasing oil production from shale in 2017, rebalancing inventories will be difficult, …
Calgary-based Tamarack Valley Energy (ticker: TVE) announced its first quarter results Monday reporting more production along with earnings of $2.3 million following its combination with Spur …
SM Energy (ticker: SM) announced today that it has postponed indefinitely the sale of its Divide County North Dakota assets.
SM expressed its desire to sell its Divide County assets in January, …
A new deal between China and the U.S. has thrown open a door for U.S. LNG producers to export the country’s vast energy supplies to China. It’s the first step for the U.S. to become …
At the December C40 meeting in Mexico, the mayors of Paris, Mexico City, Madrid and Athens announced that they will stop the use of all diesel-powered cars and trucks by the middle …
The North Dakota Industrial Commission released its latest Oil and Gas Production Report Friday, outlining hydrocarbon activity in the state for March 2017.
The …
EnerCom released its monthly EnerCom Effective Rig Count today. Launched in January, the EnerCom Effective Rig Count seeks to account for improved productivity in recent developments.
The downturn forced companies to innovate and …
Calgary-based Delphi Energy (ticker: DEE) announced the acquisition of 22.5 sections of Monteny assets contiguous to its current land holdings as the company looks to continue expanding in the region.…
It’s no longer living as a temporary moratorium or simply a political threat. On Friday Canada’s federal government introduced legislation that will turn its informal ban on crude …
Baker Hughes (ticker: BHI) released its weekly rig count today, announcing the seventeenth straight week of increasing drilling activity.
In total, eight rigs came online in the U.S. this week, …
Profitable Yuma Energy (ticker: YUMA) reported first quarter earnings Thursday, showing net earnings of $2.6 million, or $0.16 per diluted share. This compares favorably with the $12.8 million …
Jagged Peak Energy (ticker: JAG) released first quarter earnings Thursday, showing a net loss of $465.9 million, or ($0.42) per share. The vast majority of …
WildHorse Resource Development (ticker: WRD) today announced the purchase of 111,000 net acres in the Eagle Ford from Anadarko …
In December 2016, the Basel, Switzerland-based Financial Stability Board (FSB) put out the recommendation of its Michael Bloomberg-led task force that concluded …
U.S. crude oil inventory levels fell 5.2 MMBO in the week ended May 5, according to the EIA, sending traders into action yesterday. Oil markets have been …
BP said it started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt, eight months ahead of schedule.
First gas was exported to Egypt’s national grid on March 24, 2017 …
Anadarko Petroleum Corporation (NYSE: APC) has named Daniel E. Brown Executive Vice President, International and Deepwater Operations, and Bradley J. Holly Executive Vice President, U.S. Onshore Exploration and Production.
“Danny and Brad have each been with Anadarko for the last …
