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Oil and Gas Rig Count Ticks Up in the U.S. As Production Hits New High
New data from Baker Hughes reveals a slight rise in the total US oil and gas rig count, even as weekly crude oil production ...
Q3 2025 Management View Grayson Pranin, President, CEO & Director, opened by reporting "a positive quarter for the company," ...
NEW YORK, May 5 (Reuters Breakingviews) - Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. A mere ...
Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...
U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...
While horizontal wells boost early production, their steep decline rates require ongoing drilling efforts, making the US ...
Canada's Cenovus Energy Inc (CVE.TO) on Thursday forecast higher production and spending for 2021 after its purchase of rival ...
Executives at Murphy Oil say offshore oil and gas exploration activity is likely to get a slightly larger share of capital in ...
OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain market share, as concerns mount over potential ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the market by driving oil ...
Exxon Mobil Corporation revealed a breakdown of its oil and gas production in the third quarter of this year in its latest ...
INDUSTRY THE PAST FEW YEARS, GOVERNOR GAVIN NEWSOM IS CONSIDERING NEW AND SOME MIGHT SAY, SURPRISING ACTION TO KEEP THE COMPANIES OPERATING IN CALIFORNIA. THE STATE FACES THE THREAT OF HIGHER GAS ...
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