Precision Inks Long-Term Contracts In U.S.

The Permian basin continues to be a lucrative play for Precision Drilling Corporation.

April 26, 2019, 11:46 AM MDT

U.S. Rig Count Down 21: Baker Hughes

The U.S. rig count is down 21 rigs from last week to 991, with oil rigs down 20 to 805, gas rigs down one to 186, and miscellaneous rigs unchanged at zero.

April 26, 2019, 11:19 AM MDT

BP Whiting, Indiana, Refinery CDU Overhaul Proceeding As Planned

April 25, 2019, 8:27 AM MDT

Chevron’s Biggest Venezuela Oil Venture Hit Hard By Outages

April 25, 2019, 8:43 AM MDT

Occidental Offers $57B for Anadarko, Topping Chevron

April 24, 2019, 7:14 AM MDT

Shell In Deepwater Discovery In Gulf Of Mexico

Shell Offshore Inc. announced a significant discovery at the Blacktip prospect in the deepwater U.S. Gulf of Mexico.

April 24, 2019, 7:26 AM MDT

Apache Delays Production Of Permian Natural Gas Due to Pricing Pressure

April 23, 2019, 7:56 AM MDT

Murphy Oil To Acquire Deepwater Gulf Assets

Murphy Oil Corporation is picking up deepwater Gulf of Mexico assets from LLOG Exploration Offshore, L.L.C. and LLOG Bluewater Holdings, L.L.C. for $1.38 billion.

April 23, 2019, 8:01 AM MDT

Enbridge Rations Space for Spearhead Pipeline For June

April 23, 2019, 9:51 AM MDT

Tighter U.S. Sanctions On Iranian Oil Will Cost Asia But Supply Will Flow

April 23, 2019, 8:08 AM MDT

Halliburton Says Pricing Woes Bottoming Out As U.S. Activity Rises

April 22, 2019, 9:29 AM MDT

America’s Gas Export Clout Set To Grow With LNG Approvals

April 22, 2019, 8:18 AM MDT

Schlumberger Posts Profit Drop, Sees International Spending Rising

April 18, 2019, 9:53 AM MDT

Baker Hughes Rig Count: U.S. Down 10

The U.S. rig count is down 10 rigs from last week to 1,012, with oil rigs down eight to 825, gas rigs down two to 187, and miscellaneous rigs unchanged at zero.

April 18, 2019, 11:17 AM MDT

Kinder Morgan In Discussions To Build Third Permian Basin Gas Pipeline

April 18, 2019, 4:04 AM MDT

TransCanada Launches Open Season For Marketlink

TransCanada Corporation launched an open season to solicit binding commitments from interested parties for transportation services of crude oil from Cushing, Oklahoma to markets on the U.S. Gulf Coast for incremental capacity on Marketlink.  

April 18, 2019, 7:08 AM MDT

How Anadarko Deal Transforms Chevron’s U.S. Production

An examination of Chevron’s purchase of Anadarko Petroleum Corporation indicates the deal will result in a 48 per cent combined production increase across two of its core U.S. positions.

April 16, 2019, 8:06 AM MDT

U.S. Shale Output Forecast To Hit Record In May: EIA

April 16, 2019, 9:37 AM MDT

Secure Acquires Cushing Crude Oil Storage Infrastructure

Secure Energy Services Inc. completed two tuck-in acquisitions, providing the company with a strategic midstream footprint in one of the largest crude oil storage and trading hubs in North America.

April 16, 2019, 12 AM MDT

U.S. Drillers Add Oil Rigs for Second Week In A Row: Baker Hughes

April 12, 2019, 11:49 AM MDT

Under Trump, U.S. Drilling Permits On Federal Lands Soar

April 12, 2019, 9:14 AM MDT

U.S. Crude Output Will Hit 17 Million Bbls/d In 5 Years: Pioneer CEO

April 11, 2019, 8:40 AM MDT

Environmentalists Question Pennsylvania’s New Methane Rule

April 11, 2019, 8:46 AM MDT

Betting On More Growth From the Permian

When flying into the Midland airport in West Texas, there was no doubt that I had arrived in oil country. It was a pleasant March afternoon and I could see drilling rigs on either side of the airport runway. Pump jacks were nodding in every direction as far as my eyes could see.

April 10, 2019, 8:28 AM MDT

Trump’s Order Would Make It Harder To Block Pipelines

April 10, 2019, 9:32 AM MDT