Monday, June 15, 2026

A Wattenberg Victory: Extraction Oil & Gas Receives Approval from Broomfield

Extraction went far beyond what state law requires to gain local approval of a well development plan within Broomfield city and county limits Wattenberg-DJ operator Extraction Oil & Gas, Inc. (NASDAQ:XOG) has received approval for its Operator Agreement with the City and County of Broomfield, Colorado, the company announced today. The Broomfield City Council approved the company’s development plan after a year-long

Global Oil and Gas Employment Looking Up

North America accounts for 54% of job postings Now that the price of oil has recovered from the bankruptcy-threatening bottoms of early 2016, the oil and gas industry has begun hiring again. British global talent firm NES recently conducted a survey of companies and individuals in the oil and gas industry, examining hiring sentiment in the current job market. NES

Weekly Oil Storage: Surprise Build

The EIA released its weekly Petroleum Status Report today, outlining how national oil and refined product stocks have changed in the last week. Crude oil stocks rose by 856 MBBL last week to 457,341 MBBL, from 456,485 MBBL. This is 2% below the 468,158 MBBL that was in storage at this point last year, and is 17% above the five-year

A Leviathan Sets Sail to Keep Turkey Warm

From Bloomberg Turkey is getting a giant helper to avoid last December’s gas shortages. The world’s biggest specialized vessel to import liquefied natural gas, a cheaper and quicker solution than a land-based facility, is on its way to help with imports of the fuel mainly used for heating and power generation. The MOL FSRU Challenger, as long as the Eiffel Tower,

PetroQuest Energy Sees 41 MMcfe/Day Combined from Latest Cotton Valley Wells

Cotton Valley Drilling and Completions On October 23, 2017 PetroQuest Energy, Inc. (ticker: PQ) announced the results from its horizontal Cotton Valley drilling program in East Texas. PQ reported that three of their Cotton Valley Wells combined are producing approximately 41 MM cfe per day. PQ completed a two well pad which established a cumulative maximum 24-hour gross daily rate