Results 50 articles shown
S&P Global Says USA Crude Oil Production Now Expected to Decline in 2026
'U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a decade, excluding the 2020 Covid-19 pandemic', an S&P Global analysis piece stated.
8:00 PM EST | May 13, 2025
North America Loses Rigs for 10 Straight Weeks
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | May 12, 2025
WhiteHawk Energy to Acquire PHX Minerals for $187MM
WhiteHawk will add approximately 1.8 million gross unit acres of premier natural gas mineral and royalty assets, significantly expanding its footprint in the core of the Haynesville Shale.
8:00 PM EST | May 10, 2025
Chevron Reveals Q1 Net Oil Equivalent Production Level
'U.S. net oil-equivalent production was up 63,000 barrels per day from a year earlier', Chevron noted.
8:00 PM EST | May 08, 2025
Harbour Energy Expects to Cut Around 250 Jobs
Harbour Energy has told Rigzone that it expects to cut around 250 jobs.
8:00 PM EST | May 07, 2025
How Much Oil and Gas Did ExxonMobil Produce in Q1?
In its first quarter 2025 results statement, ExxonMobil revealed its oil and gas production figures for the first quarter of this year.
8:00 PM EST | May 05, 2025
North America Loses Rigs for 9 Straight Weeks
North America dropped 11 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | May 05, 2025
North America Loses Rigs for 8 Straight Weeks
The total North America rig count stands at 715, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 28, 2025
Industry Body Looks at March Texas Upstream Employment
'As a result of recent commodity price movement and significant market volatility, there are high uncertainties in outlooks for future energy supply, demand, and prices', TIPRO warned.
8:00 PM EST | April 22, 2025
How Much Oil is the USA Producing Right Now?
Just how much crude oil is the U.S. producing at the moment?
8:00 PM EST | April 22, 2025
North America Loses Rigs for 7 Straight Weeks
North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 20, 2025
USEDC Acquires 20,000 Acres in Permian Basin
USEDC said it plans to run a dedicated drilling rig on the acquired acreage.
8:00 PM EST | April 17, 2025
Vista Acquires Stake in Unconventional Asset in Vaca Muerta, Argentina
'With this acquisition we gain significant scale in Vaca Muerta with a premium block that has growing production and low operating costs'.
8:00 PM EST | April 17, 2025
USA Oil, Gas Operators Encounter Avalanche of Economic Policy Changes
Rystad Energy said U.S. oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over the last week.
8:00 PM EST | April 16, 2025
Trio Closes Acquisition of Heavy Oil Assets from Novacor
Trio Petroleum Corp. has closed its acquisition of certain petroleum and natural gas properties held by Novacor Exploration Ltd. in the prolific heavy oil region of Lloydminster, Saskatchewan.
8:00 PM EST | April 15, 2025
North America Loses Rigs for 6 Straight Weeks
North America cut 22 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 13, 2025
Texas Is Ground Zero for the USA Battery Boom
The Lone Star State may be the heart of America's oil and gas map, but it's quickly becoming the biggest installer of a technology key for renewables development.
8:00 PM EST | April 10, 2025
Rystad Predicts 'Significant Risks' to USA Operators
'Rystad estimates that the new 'all-in' breakeven cost for many U.S. oil players is now above $62', Matthew Bernstein, Rystad Energy Vice President, North American Oil and Gas, said.
8:00 PM EST | April 08, 2025
North America Keeps Rig Loss Streak Going
North America cut 12 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | April 07, 2025
Industry Bodies Examine Texas Upstream Employment for February
'TIPRO appreciates the enormous contributions of the Texas oil and natural gas industry from an economic and energy security perspective', TIPRO President Ed Longanecker said.
8:00 PM EST | April 06, 2025
Chevron Closes Divestment of East Texas Stake to TG Natural
The transaction consideration was $525 million.
8:00 PM EST | April 04, 2025
USA DOI Generates $39MM from 1Q 2025 Oil, Gas Lease Sales
'This quarter's lease sales demonstrate Interior's unwavering commitment to fostering American energy dominance', Department of the Interior Secretary Doug Burgum said.
8:00 PM EST | March 31, 2025
Texas Oil, Gas Industry Continues Hot Streak in 2024
'These latest records further demonstrate Texas's position as a global leader in oil and gas production', RRC Chairman Christi Craddick said.
8:00 PM EST | March 30, 2025
North America Extends Rig Loss Streak
The total U.S. rig count decreased by one week on week and the total Canada rig count decreased by 17 during the same period, Baker Hughes' latest North America rotary rig count outlined.
8:00 PM EST | March 30, 2025
Prairie Closes $603MM DJ Basin Acquisition from Bayswater
The acquisition boosts Prairie's production by approximately 25,700 net barrels of oil equivalent per day (boepd).
8:00 PM EST | March 30, 2025
Prospera Closes Acquisition of Interest in Saskatchewan, Alberta Assets
The total purchase price for the transaction was approximately $1.26 million (CAD 1.8 million).
8:00 PM EST | March 29, 2025
USA Says Black Sea Truce Agreed Even as Russia Lays Out Terms
The US said Russia and Ukraine agreed to a ceasefire in the Black Sea.
8:00 PM EST | March 25, 2025
North America Loses More Rigs Week on Week
North America cut 18 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 23, 2025
MOL Discovers Oil in Western Hungary
According to the results, the well located in the Somogysámson oilfield is capable of producing 1,200 barrels per day.
8:00 PM EST | March 22, 2025
ADNOC Drilling Says it is Set to Enhance its Operational Capacity in 2025
The company projected a rig count of over 148 by 2026 and more than 151 by 2028.
8:00 PM EST | March 18, 2025
EIA Raises USA Crude Oil Production Forecast
The U.S. Energy Information Administration raised its U.S. crude oil production forecast for 2025 and 2026 in its latest short term energy outlook.
8:00 PM EST | March 18, 2025
North America Cuts 35 Rigs Week on Week
North America dropped 35 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 16, 2025
Whitecap, Veren to Merge in $10.4B Transaction
The transaction is expected to close before May 30.
8:00 PM EST | March 15, 2025
North America Cuts 15 Rigs WoW
North America dropped 15 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
8:00 PM EST | March 10, 2025
New Report Shows USA Oil and Gas Wages by Industry
Rigzone takes a closer look at the Texas Independent Producers & Royalty Owners Association's (TIPRO) latest State of Energy report.
8:00 PM EST | March 09, 2025
Evolution to Acquire Oil, Gas Assets in 3 States for $9MM
Evolution Petroleum Corporation said it is acquiring non-operated oil and natural gas assets in New Mexico, Texas, and Louisiana.
7:00 PM EST | March 08, 2025
Payroll in USA Oil and Gas Totals $168 Billion in 2024
Texas had the highest oil and gas payroll in the country in 2024, according to TIPRO's latest State of Energy report.
7:00 PM EST | March 06, 2025
How Many People Did USA Oil and Gas Employ in 2024?
Rigzone takes a look at the Texas Independent Producers & Royalty Owners Association's (TIPRO) latest State of Energy report.
7:00 PM EST | March 05, 2025
North America Adds Rigs WoW
North America added five rigs week on week, according to Baker Hughes' latest North America rotary rig count.
7:00 PM EST | March 02, 2025
Vermilion Closes Acquisition of Westbrick
The company said that the acquisition adds stable annual production of 50,000 barrels per day (boepd).
7:00 PM EST | March 02, 2025
North America Breaks Rig Loss Streak
The U.S. added four rigs week on week, according to Baker Hughes' latest North America rotary rig count.
7:00 PM EST | February 24, 2025
Obsidian Energy to Sell Pembina Assets to InPlay for $224.7MM
The Pembina assets include 498 net sections of land in the Pembina area of Central Alberta, including associated facilities and gathering systems.
7:00 PM EST | February 21, 2025
Diamondback Energy Announces Midland Basin Deal
Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.
7:00 PM EST | February 18, 2025
North America Drops Rigs Again WoW
The total North America rig count stands at 833, according to Baker Hughes' latest North America rotary rig count.
7:00 PM EST | February 17, 2025
Diamondback Nears Permian Deal to Buy Shale Producer Double Eagle
The transaction could be valued at more than $5 billion, the Wall Street Journal reported Friday, citing unnamed sources.
7:00 PM EST | February 16, 2025
ORLEN Discovers New Gas Field in Poland
ORLEN Group said it has discovered a new gas field in Poznan.
7:00 PM EST | February 16, 2025
Petro-Victory to Acquire Oil Assets in Brazil's Potiguar Basin
The transaction is expected to close in the second half of 2025, subject to customary closing conditions and regulatory approvals.
7:00 PM EST | February 16, 2025
Texas Oil Regulator Issued 666 Original Drilling Permits in January
The total includes 607 to drill new oil or gas wells, six to re-enter plugged wellbores, and 53 for re-completions, the RRC said.
7:00 PM EST | February 10, 2025
North America Ends Rig Gain Streak
The total North America rig count stands at 835, according to Baker Hughes' latest North America rotary rig count.
7:00 PM EST | February 10, 2025
USEDC Plans to Deploy up to $1B Primarily in Permian, Sees Job Growth
'Building on the momentum of 2024, USEDC is entering 2025 with a similar growth mindset', the company said.
7:00 PM EST | February 06, 2025