Onshore News


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North America Enters Rig Loss Streak
North America dropped rigs again week on week, according to Baker Hughes.
8:00 PM EST | March 17, 2024
HNRA Confirms Boost in Untapped Oil in Permian Basin Asset
The Houston-based company said that there could potentially be 34 million barrels of oil that can be accessed in the Grayburg-Jackson Field.
8:00 PM EST | March 14, 2024
North America Drops Rigs for First Time in 2024
North America's rig count dropped week on week for the first time in 2024, according to Baker Hughes.
8:00 PM EST | March 10, 2024
Morningstar Reveals Surprise at Diamondback-Endeavor Deal
'Diamondback was the eventual winner in what we believe to be a highly competitive bidding process,' Morningstar said.
7:00 PM EST | March 06, 2024
Bonterra Closes Acquisition of Charlie Lake Asset
Bonterra Energy Corp. has closed the acquisition of an undeveloped Charlie Lake asset prospective for light oil, comprised of 79 net sections of land in Bonanza, Alberta.
7:00 PM EST | March 04, 2024
North America Adds More Rigs
North America added rigs week on week, according to Baker Hughes.
7:00 PM EST | March 03, 2024
Has Oil and Gas Production Been Affected by the Texas Wildfires?
In a release posted on its website on February 29, the Texas A&M Forest Service noted that the largest wildfire in Texas history was actively burning that day.
7:00 PM EST | February 29, 2024
What Is Quiet Quitting and Has it Occurred in Oil and Gas?
Rigzone talks quiet quitting with the founder and managing partner of the Dallas, Texas, based Kaye/Bassman Energy Practice.
7:00 PM EST | February 29, 2024
Permian Merger Mania Spreads to the Bakken
Merger mania gripping the Permian Basin has spread to the Bakken in North Dakota, according to the Senior Vice President of Enverus Intelligence Research.
7:00 PM EST | February 26, 2024
Is Peak Oil Demand Close?
Rigzone speaks to several oil analysts to get their take.
7:00 PM EST | February 26, 2024
MCF Energy to Acquire Czech Gas Licenses
'This acquisition was driven by the opportunity to quickly start natural gas production by reopening three closed wells and using fifteen ready-to-drill sites in the NT Ridge area'.
7:00 PM EST | February 26, 2024
Baker Hughes Data Shows North America Rig Additions
The U.S. added five rigs week on week, according to Baker Hughes.
7:00 PM EST | February 25, 2024
Europa Gets OK for Cloughton License Extension
The North Sea Transition Authority (NSTA) has approved a two-year extension of the PEDL 343 license's initial term to July 20, 2026.
7:00 PM EST | February 20, 2024
EIR Looks at the Power of Onshore Wind Repowering
A wind repower has significant upside over a new build, Enverus Intelligence Research Vice President Scott Wilmot said.
7:00 PM EST | February 19, 2024
Baker Hughes Reveals Latest North America Rig Count
Baker Hughes has released its latest rotary rig count figures.
7:00 PM EST | February 18, 2024
Rystad Forecasts Net Production of Top Permian Producers in 2024
Rystad forecasts that the combined Diamondback Energy-Endeavor Energy company will produce 819,500 barrels of oil equivalent per day in the Permian this year.
7:00 PM EST | February 18, 2024
Enverus Says Diamondback Deal Creates $60B Permian Pure Play
The Senior Vice President of Enverus Intelligence Research outlined that the deal launches Diamondback 'well past most peers'.
7:00 PM EST | February 12, 2024
North America Goes Back to Adding Rigs
North America increased its rig count week on week, according to Baker Hughes.
7:00 PM EST | February 11, 2024
EIA Estimates USA Crude Oil Output Hit All Time High In December
The U.S. Energy Information Administration estimated that U.S. crude oil production reached an all-time high in December.
7:00 PM EST | February 11, 2024
Athabasca, Cenovus Form JV Focused on Kaybob Duvernay
Duvernay Energy Corporation will target strong, high netback cash flow and production growth focused on the Kaybob Duvernay resource play in Alberta, Canada.
7:00 PM EST | February 11, 2024
Donald Trump Is the Oil and Gas Industry's Top Choice for President
Donald Trump is the oil and gas industry's undisputed top pick for the Republican presidential nomination.
7:00 PM EST | February 09, 2024
NOG Closes Northern Delaware, Appalachian Acquisitions
Northern Oil and Gas, Inc. has closed on both acquisitions of assets in the Northern Delaware Basin and the Appalachian Basin from undisclosed private sellers.
7:00 PM EST | February 07, 2024
Will USA Oil, Gas Jobs be Affected by a Drop in Shale Growth in 2024?
Rigzone speaks to the President of OneSource Professional Search and the founder of the Kaye/Bassman Energy Practice.
7:00 PM EST | February 06, 2024
Vital Closes Second Acquisition in Permian
The acquisition increases Vital Energy's working interest in 54 producing, low-decline wells by an average of 67 percent.
7:00 PM EST | February 06, 2024
Predator Inks Extension for Rig in Morocco
The extension will facilitate the drilling of the MOU-5 well to evaluate the 68-square-mile (177-square-kilometer) Jurassic structural closure in a crestal location.
7:00 PM EST | February 06, 2024
Magnitude 5.1 Earthquake Hits Oklahoma
A magnitude 5.1 earthquake occurred eight kilometers northwest of Prague, Oklahoma.
7:00 PM EST | February 05, 2024
Trade Association Data Shows Texas Oil, Gas Employs Almost 500,000 People
In 2023, the Texas oil and natural gas industry employed 480,176 people, according to the Texas Oil & Gas Association.
7:00 PM EST | February 05, 2024
Baker Hughes Data Shows Flat North America Rig Count
The North America rig count stayed flat week on week, according to Baker Hughes.
7:00 PM EST | February 04, 2024
UKOG Fails to Find Commercial Flow at Turkey Well
The company said it was 'disappointed that Pinarova-1 has not met our joint expectations'.
7:00 PM EST | February 04, 2024
Exxon, Chevron Surpass Forecasts as Shale Drilling Lifts Output
Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts.
7:00 PM EST | February 01, 2024
Macquarie, BofA Weigh In On Aramco Capacity Pause
'Whether this is a shorter-term pause or longer-term departure from the prior plan to increase capacity to 13 million barrels per day appears unclear'.
7:00 PM EST | January 30, 2024
Rystad Energy Identifies 36 Potential High Impact Wells for 2024
'This would be a sizeable jump from the 27 high impact wells drilled last year'.
7:00 PM EST | January 30, 2024
UK Oil Regulator Dubs North Sea a Vibrant Hotbed of Tech Innovation
'Innovative thinking remains vibrant across the industry'.
7:00 PM EST | January 29, 2024
Baker Hughes Data Shows North America Continues to Ramp Up Rig Count
North America added eight more rigs week on week, according to Baker Hughes.
7:00 PM EST | January 28, 2024
Oil and Gas Undergoing Historic Consolidation Wave
'Oil and gas is undergoing a historic consolidation wave'
7:00 PM EST | January 25, 2024
2024 Will be Another Rollercoaster Ride for Energy
'The coming year will be another rollercoaster ride for the industry'.
7:00 PM EST | January 24, 2024
Texas Upstream Oil Employment Keeps Growing
'2023 was an incredibly solid year for upstream oil and gas job growth'.
7:00 PM EST | January 23, 2024
Diversified Energy Faces Short-Seller Attack From ESG-Focused Snowcap
Diversified Energy Co. is the largest owner of U.S. oil and natural gas wells.
7:00 PM EST | January 23, 2024
North America Adds More Rigs
North America added more rigs week on week.
7:00 PM EST | January 21, 2024
Who is the Top Public Lower 48 Producer?
Enverus has released a list of the top public Lower 48 producers of the first half of 2023.
7:00 PM EST | January 18, 2024
What Themes Will Dominate Oil and Gas Recruitment in 2024?
Rigzone asks several U.S. based oil and gas recruitment experts what themes will dominate oil and gas recruitment this year.
7:00 PM EST | January 15, 2024
USA Will Face Frigid Temperatures This Week
'This anomalous event will have profound effects on both supply and demand'.
7:00 PM EST | January 15, 2024
North America Ramps Up Rig Count
North America increased its rig count by 86 rigs week on week, according to Baker Hughes.
7:00 PM EST | January 14, 2024
Prairie to Acquire DJ Basin Assets of $94.5MM
Prairie said the transaction adds over 5,500 net leasehold acres and 62 fully permitted proven undeveloped (PUD) drilling locations.
7:00 PM EST | January 14, 2024
First Rotary Rig Count of 2024 Sees Big Boost for North America
The total North America rig count now stands at 746.
7:00 PM EST | January 07, 2024
APA Snaps Up Callon in $4.5B Deal
'The valuation looks attractive with Callon being acquired around the value of its existing production without paying a meaningful amount for the undeveloped acreage'.
7:00 PM EST | January 07, 2024
Tuktu Closes Escrow of Alberta Asset Purchase
Tuktu Resources Ltd. has closed in escrow the purchase of southern Alberta oil assets owned and operated by an undisclosed arm's length public company.
7:00 PM EST | January 02, 2024
Westlawn Units Buy Assets in Multiple USA Locations
Westlawn portfolio companies have acquired multiple assets across the USA.
7:00 PM EST | December 31, 2023
Block Energy Eyes Farm-Out of Georgia Asset
Block has designed a multi-stage appraisal and development plan that is being used to facilitate discussions with possible partners.
7:00 PM EST | December 26, 2023
ConocoPhillips Makes FID on Willow in Alaska
When completed, Willow is estimated to produce approximately 600 million barrels across the lifetime of the project.
7:00 PM EST | December 25, 2023