U.S. oil output from top shale-producing regions is set to fall for a third month in a row in November to its lowest since May, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday.
On Monday Iran, which supports Hamas and backs the Hezbollah armed group in southern Lebanon, warned that an expansion of the war was “approaching the inevitable stage.”
Tourmaline Oil Corp. announced an agreement Monday to buy Bonavista Energy Corp. in a deal worth $1.45 billion.
Canada could become the world’s biggest contributor in 2024. An increase in oil production by about 500,000 bpd is expected, which exceeds the 400,000 bpd increase predicted for the United States.
The information on this page is updated weekly with a pipeline projects within Texas. The source of the information is the Railroad Commission of Texas T4 Pipeline permits.
Exxon Mobil Corporation (NYSE: XOM) and Pioneer Natural Resources (NYSE: PXD) jointly announced a definitive agreement for ExxonMobil to acquire Pioneer.
Tracking active drilling rigs in Texas, Oklahoma, New Mexico and Louisiana in 2023 we have seen the rig count drop from 608 rigs to 482 rigs a loss of 126 rigs.
In a story that should surprise no one, the Wall Street Journal and others are reporting that the long-anticipated deal between U.S. energy giant ExxonMobilXOM -1.7% and Permian Basin titan Pioneer Natural ResourcesPXD +10.5% could finally be upon us.
New shale permits issued for Sep 25 – Oct 1 in the Marcellus/Utica were up a few ticks from the previous week. There were 23 new permits issued last week, up from 21 permits issued two weeks ago.
Devon Energy recently filed completion reports on two wells drilled on a single pad in Canadian County with production of more than 1,100 barrels of oil a day.
