Crude prices lingering below $65 are benefiting U.S. consumers at the pump, but they’re squeezing shale producers ...

“The largest losses occurred in the Permian basin, where the number of oil rigs decreased by 34. The Bakken and Eagle Ford basins lost four and seven rigs, respectively, compared to a year ago ...

Massive oil and gas reserves identified across southwest Wyoming are being called out this week by federal officials as ...

The town of Williston's "Road of Shame" is a local legend, and now, its fame is spreading to the entire internet.

SAN FRANCISCO (MarketWatch)—The collapse in crude prices has sidelined hundreds of oil- and gas ... which includes the Bakken Shale formation, top the list, losing 198 and 63 rigs, respectively ...

“Looking at the west Texas intermediate spot price of the U.S. North American benchmark for oil, it has seen a pretty precipitous decline in price over the last month or so for a variety of reasons,” ...

The analysis highlights the Permian’s competitive advantage, with the next-to-lowest operating breakeven of $42.90/bbl, the ...

EOG Resources, Cirque Resources and True Oil also stopped drilling in the ... North Dakota has about 175 drilling rigs working the Bakken, making millionaires out of some geographically lucky ...

Western North Dakota gets the Bakken oil field action and most of the money ... But in 2006 and 2007, the company moved its drilling rigs to western North Dakota because that’s the deepest ...

The North America oilfield casing spools market is poised for growth, driven by expanding unconventional drilling, especially in shale formations. De ...

Some of the largest producers, including Diamondback Energy, recently told investors that they would be spending less this year and plan to drop rigs. The U.S. is on ... The next two largest onshore U ...

Whitecap Resources Inc. ("Whitecap" or the "Company") is pleased to announce the successful closing of its strategic combination with Veren Inc. ("Veren") , creating the seventh largest oil and ...