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US Safety Board Links Plugged Drill Pipe To Oklahoma Well Fire
Thursday, August 16, 2018 There were signs that a natural gas well was not fully sealed before it exploded in January, killing five workers, the US Chemical Safety Board says.
US Judge Orders Review Of TransCanada's Keystone XL Pipeline Route
Thursday, August 16, 2018 A federal judge in Montana has ordered the US State Department to do a full environmental review of a revised route for the Keystone XL oil pipeline.
Oil Tumbles on Surprise Build in US Crude Inventories
Wednesday, August 15, 2018 Oil futures slide, with U.S. crude settling 3 percent lower after government data showed a surprise weekly increase in domestic crude stockpiles, compounding worries about the global economic growth outlook.
EIA: US Crude Oil Stockpiles Rise Unexpectedly In Week
Wednesday, August 15, 2018 US crude stocks rose unexpectedly last week, while gasoline stocks decreased and distillate inventories grew, EIA says.
Diamondback's Energen Acquisition Will Create Synergies in Permian
Wednesday, August 15, 2018 Diamondback's purchase of rival Energen signifies a move toward consolidation, according to Rystad Energy.
Shell Cranks Up Zydeco Open Season
Wednesday, August 15, 2018 Shell is officially seeking binding commitments for firm capacity on its Zydeco crude oil pipeline.
Diamondback To Buy Energen In $9.2B Deal To Boost Permain Presence
Tuesday, August 14, 2018 Diamondback Energy says it will buy Energen Corp in an all-stock deal valued at $9.2 billion.
Trump Trade War Threatens US Natural Gas Exporters
Tuesday, August 14, 2018 This winter could be a bleak one for America's natural gas exporters as the fastest-growing buyer of the fuel threatens to halt purchases amid an escalating trade war.
ConocoPhillips to Cut US Staff in September
Monday, August 13, 2018 Oil and gas producer ConocoPhillips will be implementing modest workforce reductions.
'New Player' Enters Louisiana Austin Chalk
Monday, August 13, 2018 Amelia Resources has sold 40,000 net acres of newly acquired leases in Louisiana Austin Chalk and Louisiana-Mississippi (LAMS) Stack plays to an 'undisclosed US-based buyer.'
Baker Hughes: US Drillers Add Most Oil Rigs Since May
Friday, August 10, 2018 US energy companies this week added the most oil rigs since May as drillers follow though on plans to spend more on exploration and production.
Permian Producer Occidental Raises CAPEX Budget, Investors Balk
Thursday, August 09, 2018 Occidental Petroleum says it was raising its capital spending sharply but it maintained a tepid production forecast for the year.
Sources: US Directional Oil And Gas Drilling Firm SDI Seeking Buyer
Thursday, August 09, 2018 SDI is being offered to potential buyers at a valuation of more than $500 million, sources familiar said.
BLOG: The Good Deeds of Oil, Gas
Thursday, August 09, 2018 Rigzone celebrates some recent good deeds of oil, gas companies.
Report: Pricier Fuel Doesn't Drive Car-Buyers to Smaller Vehicles
Thursday, August 09, 2018 Car-buyers consider three factors in their purchase, but fuel price isn't one of them, according to a new report.
Apache and Kayne Anderson Create $3.5B Pipeline Company in the Permian
Thursday, August 09, 2018 Apache is contributing its midstream assets to form a new pipeline company with investment firm Kayne Anderson.
Crude Tumbles to Lowest Point in Nearly Seven Weeks
Wednesday, August 08, 2018 Crude tumbled to a nearly seven-week low as the escalating trade dispute between the world's biggest economies overshadowed a decline in U.S. crude stockpiles.
Plains to Bring Permian Projects Online Early Amid Pipeline Bottlenecks
Wednesday, August 08, 2018 Plains All American Pipeline LP said two West Texas crude pipeline projects would begin partial operations slightly ahead of their original schedules.
Tellurian Plans to Start Building Louisiana LNG Export Plant in 2019
Wednesday, August 08, 2018 Driftwood is one of more than two dozen LNG export projects under development in the United States.
Continental Resources Sees 15-20 Pct Output Growth in 2019
Wednesday, August 08, 2018 A large portion of the company's growth is focused on its SpringBoard development in Oklahoma's SCOOP formation.
Talos Energy Wins Discovery Award for 2017 Offshore Mexico Find
Wednesday, August 08, 2018 Pictured l-r are: Loren Long, Vice President Mexico, Talos Energy; Tom Wilker, SVP Subsurface, Wood Mackenzie; Timothy Duncan, President & CEO, Talos Energy; and John Parker, Executive Vice President Exploration, Talos Energy.
Continental Resources Raises 2018 Production, Spending Outlook
Tuesday, August 07, 2018 Shale oil producer Continental Resources raised its 2018 production outlook, citing improved performance in North Dakota and operational efficiencies, as well as increased drilling activity in Oklahoma.
Pioneer Natural Resources Profit Hurt By Higher Costs, Hedging Loss
Tuesday, August 07, 2018 Pioneer Natural Resources Co posted lower-than-expected quarterly profit due to higher spending and a hedging loss of $358 million that kept the U.S. shale oil producer from fully benefiting from higher crude oil prices.
WTI, Brent Edge Upward on Sanctions Rumblings
Tuesday, August 07, 2018 The WTI for September posted a 16-cent gain Tuesday.
US Natgas Output, Demand Seen Rising to Record Highs in 2018
Tuesday, August 07, 2018 U.S. dry natural gas production should rise to an all-time high of 81.10 billion cubic feet per day (bcfd) in 2018.
US Cuts 2018 Crude Oil Production Growth Forecast
Tuesday, August 07, 2018 U.S. crude oil production in 2018 was expected to grow at a slower rate than previously forecast amid lower crude prices according to a monthly U.S. government report.
SoCalGas Lifts Cost of Aliso Canyon Natgas Leak to Over $1 Billion
Monday, August 06, 2018 Southern California Gas Co (SoCalGas) raised the estimated cost for the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.014 billion.
Schlumberger Appoints Shale Innovator Mark Papa to Board
Monday, August 06, 2018 Schlumberger appointed shale pioneer Mark Papa and energy researcher Tatiana Mitrova to its board of directors, according to a filing with the U.S. Securities and Exchange Commission.
Oil Rises After OPEC Sources Say Saudi Crude Output Fell
Monday, August 06, 2018 Oil futures gained after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States prepares to reinstate sanctions against major exporter Iran.
$3.7 Billion Shale Gas Pipeline at Risk of Overhaul Due to Delay
Monday, August 06, 2018 A $3.7 billion pipeline in America's biggest shale gas play could be rerouted after a federal agency ordered all work on the project to stop.
US Court Vacates Two Permits for Dominion Atlantic Coast Natgas Pipe
Monday, August 06, 2018 A U.S. appeals court vacated decisions by two federal agencies that allowed Dominion Energy Inc to build natgas pipeline.
OPINION: Trump's SAFE Fuel Rule Proposal Is Anything But
Monday, August 06, 2018 The Trump administration's proposal to relax vehicle pollution standards got me thinking about the oil price. I don't mean where it's going, but what it is.
Walmart's Eager for Green Power, But the US Has a Coal-Loving President
Monday, August 06, 2018 Walmart Inc. promised to get half its power from solar and wind by 2025. If successful, Walmart would leap over Google to become the world’s top green-energy buyer.
Kosmos Energy Expands into Gulf of Mexico with $1.23 bln DGE Buy
Monday, August 06, 2018 Kosmos Energy has agreed to acquire Deep Gulf Energy (DGE) from its private equity owner for $1.23 billion, expanding the deepwater oil and gas firm's operations into the Gulf of Mexico.
Enbridge Expects $7B of Projects to Come into Service This Year
Monday, August 06, 2018 Energy delivery company Enbridge Inc expects $7 billion of projects to come into service this year.
US Oil Drillers Cut Rigs for Second Week in Three -Baker Hughes
Friday, August 03, 2018 So far this year, the total number of oil and gas rigs active in the United States has averaged 1,010.
EOG Sees Permian Hydraulic Fracturing Work Slowing in 2nd Half
Friday, August 03, 2018 Activity in the Permian Basin, which includes the Delaware, has outpaced pipeline takeaway capacity in recent months.
Worker Dies from Injuries in West Texas Pipeline Blaze
Friday, August 03, 2018 The explosions occurred late Wednesday morning, when workers from two pipeline companies were investigating a underground gas leak.
New York Shuts Down Brand New Gas-fired Power Plant
Friday, August 03, 2018 A pipeline began delivering gas to the 680-megawatt gas-fired power plant last month.
Crude Down for Fifth Straight Week Amid US-China Tariff Threats
Friday, August 03, 2018 The escalating trade war between Beijing and Washington has investors worried about an oil consumption slowdown.
Feds Drop Obama-era ExxonMobil Probe
Friday, August 03, 2018
Hundreds Line Up for Gushing West Texas Oil Jobs
Friday, August 03, 2018 Job fairs are stocked with people hungry for better opportunities, but inside an Odessa hotel, oil services giant Halliburton is the one doing the wooing.
US Jobs Report: Mining Jobs Took a Slight Dip in July
Friday, August 03, 2018 After consecutive months of increases, oil and gas jobs declined in July.
Noble Energy Gives In to Permian and Transport Challenges, Shares Fall
Friday, August 03, 2018 Noble Energy Inc said on Friday it would shift some investments outside of the Permian Basin and cut back on planned well completions.
Magellan Midstream Partners Profit Beats Expectations
Thursday, August 02, 2018 Magellan Midstream Partners LP reports quarterly profit that topped analyst expectations.
HollyFrontier Misses Profit Estimates Hurt By Outage
Thursday, August 02, 2018 HollyFrontier Corp's quarterly profit misses analysts' estimates.
Texas Pipeline Blaze Put Out After 7 Hospitalized; Explosions Probed
Thursday, August 02, 2018 Authorities on Thursday were investigating what caused a fire and a series of natural gas pipeline explosions in Midland County, Texas.
BLOG: Reflections from My Visit to the Permian
Thursday, August 02, 2018 Activity in the nation's hottest shale play is high, but how does that affect the residents of West Texas?
ConocoPhillips to Sell Barnett Assets
Thursday, August 02, 2018 ConocoPhillips enters into an agreement to sell its interests in the Barnett shale play to Lime Rock Resources.
Largest Unconventional Shale Producer in Permian to Drill Several Projects
Thursday, August 02, 2018 Concho Resources reveals that, in the second half of this year, it plans to begin drilling 'several development projects' on the acreage it acquired from RSP Permian Inc.