U.S. Onshore
News
November 26, 2023
The combined average expected 2024 production from the properties in the Northern Delaware and Appalachian basins is anticipated to reach roughly 6,500 boed.
News
November 24, 2023
Across the U.S., operators added four rigs in the five-day period from Nov. 18 to Nov. 22, according to the Baker Hughes Rotary Rig Count. It was the second week in a row that the total U.S. count increased, with the new total standing at 622.
News
November 20, 2023
Kimmeridge Energy Management Co., which is an active U.S. oil and gas investor, said a merger of Chesapeake Energy Corp. and Southwestern Energy Co. would create one of the industry’s most sought-after stocks.
News
November 19, 2023
Drillers in the U.S. shale patch are again trying to rebound from slumping activity, this time expanding the oil rig count by the widest margin in nine months.
News
November 16, 2023
(WO) — WestRock has entered into two virtual power purchase agreements (VPPAs) with ENGIE North America (ENGIE), a subsidiary of ENGIE SA, to add renewable energy to the U.S. energy grid and mark a step forward in WestRock’s commitment to reduce greenhouse gas emissions.
News
November 16, 2023
(WO) — WhiteHawk Energy LLC has announced the acquisition of additional Marcellus Shale natural gas mineral and royalty assets for a total purchase price of $54 million.
News
November 14, 2023
The more bullish forecast for Permian production marks a turnaround from last month’s report, which had originally shown output contracting during every month between August and November from the prolific basin.
News
November 13, 2023
Asset highlights include recent production of approximately 32,000 boed (23% oil, 57% liquids) and PDP reserves of approximately 75 MMboe.
News
November 10, 2023
The ruling by Alaska-based U.S. District Judge Sharon Gleason means ConocoPhillips can continue developing the $7.5 billion project in the National Petroleum Reserve-Alaska that promises to eventually yield some 180,000 bopd.
News
November 05, 2023
The Energy Workforce and Technology Council applauded the passage of H.R. 4821, the Department of the Interior, Environment, and Related Agencies Appropriations Act for Fiscal Year 2024.
News
November 03, 2023
Average hourly earnings for front-line oil-and-gas workers rose 0.9% in September from the previous month to $43.63, according to a Labor Department report released Friday. Compared with a year ago, oil pay is up 5.7%.
News
November 01, 2023
The wells will provide a significant near-term production boost and are expected to generate substantial cashflows for the company, which can be reinvested into the development of its project in the Paradox basin, Utah.
News
October 31, 2023
U.S. crude oil production jumped to a record high of 13.05 MMbpd in August, the U.S. Energy Information Administration said Tuesday in a monthly report.
News
October 30, 2023
The joint ventures would include its activities in the Haynesville shale gas basin as well as the Eagle Ford.
News
October 30, 2023
The proposal for managing the National Petroleum Reserve-Alaska has alarmed oil industry advocates who say it would thwart development in a crude-rich region the size of Indiana.
News
October 23, 2023
U.S. oil and natural gas companies are circling each other for potential match ups to keep investor returns growing as the nation’s prolific shale fields age.
News
October 23, 2023
Hess’ Bakken assets add another leading U.S. shale position to Chevron’s DJ and Permian basin operations and further strengthen domestic energy security.
News
October 20, 2023
The acquisition makes the Texas oil giant the dominant producer in the Permian, the world’s most important basin outside of OPEC and provides the ability to flex production to meet short-term demand, which will be crucial in the energy transition.
News
October 19, 2023
Devon’s merger ambitions underscore how U.S. shale is ripe for a consolidation wave as companies seek to boost drilling inventory and cut costs.
News
October 18, 2023
The Commission’s plugging program works aggressively to protect the environment and communities around the state, as evidenced by the fact that the agency has exceeded well plugging targets set by the legislature for seven straight years.
News
October 18, 2023
Chesapeake has held on-and-off discussions with Southwestern for months about a potential combination, said one of the people, who asked to not be identified because the matter isn’t public.
