The U.S. rig count is up six from last week to 680 with oil rigs down five to 540, gas rigs up 11 to 135 and miscellaneous rigs unchanged at five.
July 7, 2023, 11:03 AM MDT
July 6, 2023, 10:11 AM MDT
July 6, 2023, 8:38 AM MDT
Patterson-UTI Energy, Inc. has entered into a definitive agreement to acquire Ulterra Drilling Technologies, L.P., a global provider of specialized drill bit solutions, for consideration of $370 million of cash and 34.9 million shares of Patterson-UTI common stock.
July 5, 2023, 10:59 AM MDT
July 5, 2023, 12 AM MDT
July 5, 2023, 12 AM MDT
TC Energy Corporation says it “strongly disagrees” with a Delaware court ruling on a class action lawsuit brought on behalf of the former shareholders of Columbia Pipeline Group Inc.
July 4, 2023, 12 AM MDT
The U.S. rig count is down eight from last week to 674 with oil rigs down one to 545, gas rigs down six to 124 and miscellaneous rigs down one to five.
June 30, 2023, 11:07 AM MDT
June 30, 2023, 10:55 AM MDT
June 30, 2023, 12 AM MDT
June 30, 2023, 12 AM MDT
June 29, 2023, 12 AM MDT
June 29, 2023, 12 AM MDT
The highest value transaction to date, and making up the bulk of the total transaction value in the second quarter of 2023, is ConocoPhillips’ pending acquisition of the remaining 50 per cent interest in the Surmont oilsands project held by TotalEnergies EP Canada Ltd. for a cash payment of approximately $4.0 billion on closing and additional contingent payments of up to $440.0 million.
June 28, 2023, 6 AM MDT
June 28, 2023, 8:54 AM MDT
June 28, 2023, 8:41 AM MDT
June 27, 2023, 12 AM MDT
June 26, 2023, 10:17 AM MDT
June 23, 2023, 11:24 AM MDT
June 22, 2023, 10:34 AM MDT
June 22, 2023, 6:29 AM MDT
June 22, 2023, 11:01 AM MDT
Southwestern Energy Company is looking to rein in emissions from its dual-basin U.S. unconventional gas portfolio after its business expanded greatly in recent years.
June 21, 2023, 12 AM MDT
June 21, 2023, 2:31 PM MDT
June 21, 2023, 10:28 AM MDT
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