News

A new Texas bill limiting oilfield inactivity could ease environmental harms and taxpayer burdens from orphan oil and gas ...
The angry mutterings at the Permian Basin Petroleum Association’s “Spring Swing” golf tournament this week weren’t all about ...
Supply chain disruptions and policy decisions can significantly change these costs for oil companies — and consumers.
Baker Hughes said oil rigs fell by two to 484 this week, while gas rigs rose by one to 103. In the Permian basin in West Texas and eastern New Mexico, the nation's biggest oil-producing shale basin, ...
AUSTIN New data from the Texas Workforce Commission (TWC) indicate that upstream oil and natural gas employment grew by 1,900 in February compared to January. This is growth on top of TWC’s just ...
The fracking boom that resuscitated the Texas oil fields has also beaten up the infrastructure in the Permian Basin, the state’s biggest oil and gas drilling region. More heavy trucks drove ...
On any other day, David Rodriguez’s truck would have been helping extract oil ... rig workers. “We drilled ourselves out of a job,” consultant Mark Pinson said, eyeing the bobbing pump jacks that were ...
The number of rigs drilling for crude oil was down one rig to 486 rig ... remains 10 rigs or 9% below the 112 reported last year. Texas bucked the national trend by declining a rig to have ...
March 21 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes (BKR.O), opens new tab said in its closely ...
AMARILLO, Texas (KAMR/KCIT) – Oil is a global commodity. It also has different chemistries throughout the world, depending on how it is matured, sourced, originated, and stored in the reservoirs ...
Greenpeace has been ordered to pay more than $660 million in damages to Energy Transfer Partners LP after the Texas-based oil company accused the environmental group of defamation in connection ...
SHREVEPORT, La.—Sabine Oil & Gas plans to add a fourth rig on its East Texas leasehold next month. Sabine aims to keep the fourth rig deployed “hopefully for the rest of the year,” if the company is ...