Royalty holders are paid first from production revenue at a pre-agreed percentage. Net revenue interest is calculated by subtracting royalty payments, then dividing what remains by working ...

Big changes are happening in the energy sector! With the lifting of drilling bans and LNG export restrictions, the oil and gas industry is poised for a major boost. 🌍💰 What are your thoughts ...

"They just don't seem to understand that these employees run the gamut from wildlife biologists to firefighters, to people who permit oil and gas drilling or permit mines on federal lands," he said.

New oil well drilling in Russia has accelerated to the ... Some of these targeted specifically the oil and gas industry on the assumption that local producers would be crippled if access to ...

(Bloomberg) — Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a loosening of OPEC+ output limits and the possibility of relief ...

The number of oil and gas drilling rigs, a good indicator of future production, increased by two in the week ending April 25. Baker Hughes reported that despite this week's increase in rigs, the total ...

The administration has opened – or reopened – large swaths of government land in Alaska to oil ... gas off the North Slope. Since drilling began in the late 1970s, some has been used locally ...

The federal government has announced a ban on the issuance of waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry. Heineken Lokpobiri, minister of state for ...

HEX Cl is the only 100% Alaskan-owned oil and gas company currently operating in the state. "We've been drilling a surface hole at A-6 today, running in the casing 13 and 18 inches, going to run it ...

Moscow is expected to see its oil and gas revenues fall 22% compared to one year ago in April. Proceeds from oil and gas sales are the most important cash stream for Russia’s federal budget.

Former President Joe Biden tried to kneecap the incoming administration by banning new offshore oil and gas drilling along most of America’s coast weeks before Trump returned to the White House ...

US Aims to Boost Offshore Oil Drilling by Easing Pressure Rules By ... Doug Burgum is looking for ways to cut costs for oil and gas producers, cut regulations and boost oil output, which reached ...