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
Tourmaline Signs Two Acquisition Deals for NEBC Montney Assets
The two transactions will add approximately 20,000 barrels of oil equivalent (boepd) of current production.
8:00 PM EST | May 10, 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
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
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
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
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
Iron Oak Acquires High Roller Sand, Expands Permian Footprint
The facility annually produces up to four million tons of proppant for oil and gas operators throughout the region.
8:00 PM EST | April 05, 2025
Ring Energy Closes Acquisition of CBP Assets from Lime Rock
The assets cover around 17,700 net acres in the Permian Basin in Andrews County, Texas.
8:00 PM EST | April 05, 2025
Chevron Closes Divestment of East Texas Stake to TG Natural
The transaction consideration was $525 million.
8:00 PM EST | April 04, 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 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
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 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
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
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
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
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
Baker Hughes Bags Order for Aramco's Jafurah Field
Baker Hughes said it will supply electric-motor-driven compression solutions.
7:00 PM EST | February 02, 2025
EIA Forecasts Continued Increasing USA Crude Oil Production in 2025, 2026
The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook.
7:00 PM EST | January 20, 2025
North America Adds More Rigs
The total North America rig count stands at 809, according to Baker Hughes' latest rotary rig count.
7:00 PM EST | January 19, 2025
Enverus Releases List of 'Most Prolific' Public Oil, Gas Operators in USA
Enverus announced that it has released a list of the 50 'most prolific ... public oil and gas operators in the U.S. based on gross operated production last year'.
7:00 PM EST | January 12, 2025
Dallas Fed Energy Survey Shows Oil, Gas Sector Activity Increase in 4Q
'The business activity index, the survey's broadest measure of the conditions energy firms face in the Eleventh District, increased from -5.9 in the third quarter to 6.0 in the fourth quarter,' the Dallas Fed noted on its site.
7:00 PM EST | January 08, 2025
ADNOC Drilling Completes JV Agreement for UAE Well Program
'This joint venture is a groundbreaking achievement and is already paying dividends through the significant reduction in well delivery time as seen through the first wells being delivered in record time'.
7:00 PM EST | December 20, 2024
What to Watch in Oil in 2025
Rystad Energy and BMI highlight a range of trends and themes to watch out for next year.
7:00 PM EST | December 17, 2024
How Much Crude Oil is the USA Producing?
Rigzone takes a look at the latest EIA data.
7:00 PM EST | December 16, 2024
North America Loses More Rigs WoW
North America dropped three rigs week on week, according to Baker Hughes' latest rotary rig count.
7:00 PM EST | December 15, 2024
North America Goes Back to Losing Rigs
The total North America rotary rig count now stands at 783, according to Baker Hughes.
7:00 PM EST | December 08, 2024
Chevron, Shell Weigh Stake in Argentina Oil Export Plan
Should Chevron and Shell partner in the venture, it would be a sign that the Vaca Muerta can attract more foreign oil and gas investments.
7:00 PM EST | December 06, 2024
Vaca Muerta Shale Play in Argentina Hits New Oil Production Record
YPF accounted for nearly 55 percent of Vaca Muerta's oil production last quarter, Rystad Energy highlighted.
7:00 PM EST | December 02, 2024
Oil Glut Set to Thwart Trump's Call to 'Frack, Frack, Frack'
President-elect Donald Trump's vows to 'frack, frack, frack' are about to collide with a global crude glut.
7:00 PM EST | November 18, 2024
Will Trump Victory Affect Oil and Gas Hiring in the USA?
Rigzone talks to several recruitment experts.
7:00 PM EST | November 17, 2024
Ovintiv to Acquire Alberta Montney Assets for $2.4B
Ovintiv also entered into a definitive agreement to sell substantially all of its Uinta Basin assets located in Utah, to FourPoint Resources, LLC, for total cash proceeds of approximately $2.0 billion.
7:00 PM EST | November 15, 2024
USA EIA Lowers 2025 Oil Price Forecast
The U.S. Energy Information Administration lowered its Brent spot average price forecast for next year in its latest short term energy outlook.
7:00 PM EST | November 14, 2024
Houston Based Coterra Announces Accretive Permian Deals for Near $4B
The company said it has entered into two separate definitive agreements.
7:00 PM EST | November 13, 2024
USA Oil Production Unlikely to Surge Under Trump, StanChart Says
'There is a recent media narrative that the second Trump administration will lead to a surge in U.S. oil production'.
7:00 PM EST | November 11, 2024
North America Loses More Rigs
North America dropped six rigs week on week, according to Baker Hughes' latest rotary rig count.
7:00 PM EST | November 11, 2024
Moody's Says Cybersecurity a High Priority for Oil, Gas
'Cyber commitments among oil and gas companies we rate exceed the cross-sector corporate average in our 2023 survey'.
8:00 PM EST | October 21, 2024
EIA Lowers USA Crude Oil Production Forecast for 2024 and 2025
The EIA reduced its U.S. crude oil production forecast for this year and next year in its latest short term energy outlook.
8:00 PM EST | October 16, 2024
Utica-Focused Tiburon Secures Investment from Post Oak
Tiburon also closed on an initial acquisition of leasehold in the liquids rich portion of the Utica Shale play in Ohio.
8:00 PM EST | October 15, 2024
Dallas Fed Energy Survey Looks at Oilfield Electrification
Is your firm aiming to electrify its oilfield operations?
8:00 PM EST | October 14, 2024