News

EOG Resources says the Encino Acquisition Partners transaction will be “transformative,” adding a third foundational pillar ...
Powder River Basin E&Ps are turning to 3-mile laterals and untapped zones to improve the play’s economics. But with oil ...
BP’s onshore U.S. shale subsidiary is under the M&A magnifying glass as it boasts ‘great returns’ in fields in South Texas.
The oil and gas rig count fell by three to 563 in the week to May 30. Baker Hughes said this week's decline puts the total count down 37 rigs, or 6%, from this time last year.
Chevron has confirmed the Texas Workforce Commission mistakenly reported the number of layoffs in Midland as 800.
Continental Resources’ Founder Harold Hamm said, “There are some interesting basins still that have some allure, some of ...
ADNOC Drilling has agreed to acquire a 70% stake in SLB ’s land drilling rigs business in Kuwait and Oman, the companies ...
Chevron’s move to lay off almost 800 workers in the Permian Basin follows its February announcement that the supermajor will ...
IP rates from Occidental’s wells completed in the Turner bench of the Powder River Basin last year averaged 1,573 boe/d. Oxy ...
Shell is buying TotalEnergies’ 12.5% interest in two fields offshore Nigeria, with future plans to tie back the Bonga North ...
Glenfarne anticipates reaching a final investment decision on the 807-mile, 42-inch Alaska LNG pipeline in 2025.
Quantum Capital Group-backed E&P HG Energy is an M&A target among U.S. gas producers as gas futures have grown to more than ...