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Baker Hughes: US Oil Drillers Pull 13 Rigs, Biggest Drop in 4 Weeks
Friday, May 29, 2015 Energy firms pulled another 13 rigs from US oil fields this week, the biggest drop in four weeks.
Apache Expects Minimal Impacts from Well Shut-Ins
Friday, May 29, 2015 Apache Corp. expects minimal production impacts as a result of well shut-ins due to flooding in Texas.
Denton May Repeal Local Fracking Ban
Friday, May 29, 2015 City leaders in the North Texas college town, which inspired a new law putting drilling rules in the hands of the state, are reconsidering their ban, but not their position.
Oil Leaps As Dollar Rally Stalls, US Rigs Fall
Friday, May 29, 2015 Crude oil prices jump almost 5%, their biggest rally in six weeks, setting off a renewed rush of bullish bets.
Management 101: Lessons, Tips and Advice from Former GE CEO Jack Welch
Friday, May 29, 2015 Former GE Chairman and CEO Jack Welch shares his experiences and strategies for managing employees.
North Dakota Oil Producers To Miss Out On $480 Million Tax Cut
Friday, May 29, 2015 North Dakota's oil industry will miss out on a roughly $480 million tax cut over the next six months due to the recent rise in crude prices.
Tidewater Maintains Weak OSV Outlook, but Positioned for Opportunities
Thursday, May 28, 2015 Despite lower revenues and utilization, Tidewater is well-positioned to take advantage of acquisition and investment opportunities in the global OSV market, company officials say.
Report: Long-Term Focus Needed to Solve Oil, Gas Talent Crisis
Thursday, May 28, 2015 A report by KPMG and Rigzone shows that oil and gas companies should implement long-term approaches to address the talent crisis.
At Least 3 Injured After Tornado Hits Texas Gas Drilling Rig
Thursday, May 28, 2015 At least three people were injured when a tornado hit a natural gas drilling rig in northern Texas, the Hemphill County sheriff and a hospital official say.
US Rig Count Stops Hemorrhaging, But For How Long?
Thursday, May 28, 2015 Analysts note a modest increase in the US rig count, but acknowledge it may not mean a turnaround is in the near future.
Big US Shale Field Marcellus Faces Output Drop Due To Low Gas Prices
Thursday, May 28, 2015 Natural gas production in the Marcellus shale, which has grown over the past decade from next to nothing to the source of about a fifth of US output, may decline for the first time.
NTSB: Kulluk Towing Plan 'Insufficient' to Meet Risks
Thursday, May 28, 2015 NTSB concludes Shell failed to implement a towing plan for the Kulluk drilling rig sufficient to address the risks of towing the rig from Alaska to Seattle.
Oil Ends Higher As US Inventories Drop For 4th Week
Thursday, May 28, 2015 Oil prices rise in choppy trade, snapping two days of sharp losses, after data shows a fourth weekly drawdown in US crude stocks.
Synergy Resources Corporation Appoints Lynn Peterson as President
Thursday, May 28, 2015 Synergy Resources Corporation announces that Mr Lynn Peterson has joined the executive team as President.
End of Oil Glut Seen Nigh as World's Use Set to Top Production
Thursday, May 28, 2015 The global crude market will shift into a deepening deficit in the fourth quarter amid a draw down in US stockpiles, according to Standard Chartered Plc.
KCA, Rigzone to Host Houston Energy Breakfast on Unconventional Updates
Thursday, May 28, 2015 The theme of the June 12 Houston Energy Breakfast is "The Unconventional Revolution". The expert panel will present a view on top of mind issues, concerns and predictions.
Devon Energy And Apache Shut-In Some Wells For Storms
Wednesday, May 27, 2015 Apache and Devon Energy shut-in some oil and gas wells as a precautionary measure because of heavy rains in Texas and Oklahoma.
Oil Down About 3% Again On Dollar, Awaits Supply Data
Wednesday, May 27, 2015 Oil prices fall by up to 3% for a second straight day as a resurgent dollar weighs on the market ahead of US inventory data.
Petro River Announces Change In Pearsonia West Concession Requirements
Wednesday, May 27, 2015 Petro River Oil announces that the Osage Mineral Council has approved the newly agreed upon terms and conditions for the Pearsonia West Concession.
American Energy Partners Units Seek Bonds Deals in Oil Slump
Wednesday, May 27, 2015 Two oil and gas units of Aubrey McClendon's American Energy Partners LP are seeking bond deals after cutbacks in planned production.
Oil Falls As Dollar Strengthens, Ample Supply Weighs
Tuesday, May 26, 2015 Oil prices fall nearly 3% as the dollar's rally weighs on dollar-denominated crude oil futures along with concerns that a recent rally might keep US producers active.
Texas Oil Patches Brace For More Rains, Possible Floods
Tuesday, May 26, 2015 Texas oilfields could see strong rains and thunderstorms later this week, though they were spared the heaviest flooding that struck central and eastern Texas over the Memorial Day weekend.
US Top Court Backs Contractor KBR In Iraq Whistleblower Case
Tuesday, May 26, 2015 The Supreme Court hands a victory to defense contractor KBR in its legal fight with a former employee who filed a whistleblower suit accusing it of defrauding the US government in Iraq.
Vanguard Steps Up M&A
Tuesday, May 26, 2015 Vanguard Natural Resources looks for growth opportunities through acquisition of rivals in neighboring acreage.
Military Vets in Oil, Gas: Future Outlook for Vets in the Industry
Monday, May 25, 2015 Experts offer first-hand advice to military veterans and recruiters about the future of veterans in the oil and gas industry.
US Investor Dollars Beckon Foreign MLPs
Monday, May 25, 2015 Foreign companies, wanting access to US dollars for their infrastructure projects, are increasingly offering their assets as MLPs.
New Approach Changes Fundamental Compressor Valve Design
Monday, May 25, 2015 Zahroof Valves officials say their compressor valve technology marks a fundamental change in the way compressor valves are designed.
Cenergy Acquires Control Zone Solutions to Offer Safety Solutions Globally
Friday, May 22, 2015 Cenergy acquires Louisiana-based Control Zone Solutions and plans to offer safety solutions to clients globally.
Report: Oil, Gas IT Spending Cuts 'Lower Than Expected'
Friday, May 22, 2015 A study finds that oil and gas industry cuts to IT spending are lower than expected as companies eye potential spending on data services technology.
Exxon Deploys More Sanction Watchers as Iran Nuke Deal Looms
Friday, May 22, 2015 ExxonMobil is ramping up efforts to track US government work on Iranian sanctions that have locked out American oil companies from the Middle Eastern nation for more than three decades.
Oil Down 2% Ahead Of Long US Memorial Day Weekend
Friday, May 22, 2015 Oil falls about 2% as a rallying dollar and profit-taking ahead of a long US holiday weekend cut short a two-day run-up in crude prices.
Military Vets in Oil, Gas: Transitioning and Recruitment Strategies
Friday, May 22, 2015 Rigzone speaks with military veterans about their experiences transitioning into oil and gas and addresses the challenges facing transitioning vets today.
Empyrean Reports Production Decrease at Sugarloaf
Thursday, May 21, 2015 Empyrean Energy announces a two percent production decrease at its Sugarloaf project in Texas.
More Buyers than Sellers Idles Upstream M&A Market
Thursday, May 21, 2015 Many upstream companies are interested in M&A, but want to hold off activity until stability returns to commodity markets.
Oil Gains Over 2% On Inventory Draws, Iraq Fighting
Thursday, May 21, 2015 Oil prices jump more than 2%, giving Brent its biggest rally in more than a week.
Public Perception Still a Barrier to More Women Pursuing STEM
Thursday, May 21, 2015 Senior female leaders in science and engineering discuss how to change the public perception of women in STEM at a KPMG Global Energy Conference breakfast.
Oklahoma Set to Overturn Local Drilling Controls as Backlash Brews
Wednesday, May 20, 2015 Facing a backlash over the side effects of its oil and gas boom, Oklahoma is poised to overturn a statute that allows cities and towns to ban drilling operations.
88 Energy Appoints New General Manager for Alaskan Operations
Wednesday, May 20, 2015 88 Energy Limited announces the appointment of Erik Opstad as the general manager of the company's Alaskan operations.
BP Settles Oil Spill-Related Claims With Halliburton, Transocean
Wednesday, May 20, 2015 BP has settled with Halliburton and Transocean cross claims related to the 2010 Gulf of Mexico oil spill.
Slow Oil Price Recovery Heightens Upstream Default Risk
Wednesday, May 20, 2015 Oil price collapse is putting dozens of E&P companies at risk of debt default.
Oil Rises On US Crude Drawdown But Oversupply Still Weighs
Wednesday, May 20, 2015 Oil prices rebound, with US crude snapping a five-day decline.
Flood Of New Cash Sustains US Oil Firms; Energy Dealmakers Gripe
Wednesday, May 20, 2015 US oil companies are attracting a wave of new investment from unlikely sources - hedge funds and private equity firms flocking to the energy market for the first time to bet on a rebound.
Wood Mackenzie: Bakken, Eagle Ford Not Past Prime
Tuesday, May 19, 2015 Bakken production will keep growing, albeit at a slower pace, and the Eagle Ford still has running room within high-return portions of the play, according to recent analysis by Wood Mackenzie.
Texas Tackles Local Fracking Bans
Tuesday, May 19, 2015 Following the implementation of hundreds of city ordinances, some of which hinder hydraulic fracturing, Texas Gov. Greg Abbott signs bill that clarifies the state is in charge.
Oil Down Over 3% On Dollar Rally, Ample Supply Worry
Tuesday, May 19, 2015 Oil prices fall more than 3%, with US crude extending losses for a fifth straight day.
Tokyo Gas Targets More US Shale Gas Investments
Monday, May 18, 2015 Japan's Tokyo Gas is looking to invest in more US shale gas production, according to a company executive.
Nostra Terra Buys Minority Interest in Texas San Miguel Prospect
Monday, May 18, 2015 Nostra Terra announces the acquisition of a 1% interest in South Texas' 35,000 acre San Miguel Prospect.
Oil Down As Firmer Dollar, Ample Supplies Offset Mideast Turmoil
Monday, May 18, 2015 Oil slips as a rallying dollar and concerns of growing oversupply weighs on the market after Saudi Arabia reported its highest crude exports in nearly a decade.
Brent Up, US Crude Down As Oil Rally Comes Into Question
Friday, May 15, 2015 Brent rebounds from early weakness while US crude holds to losses as traders and investors debate whether oil's rally over the past month and a half should continue.
Lower 48 Oil Production to Keep Growing, but At Slower Pace
Friday, May 15, 2015 A sustained oil price of $50/barrel would be needed to halt production growth in the US Lower 48, recent analysis finds.
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