News

U.S. April oil production increased by 18 kb/d to 13,468 kb/d, a new high. The largest increase came from Texas, offset by a ...
Texas, Louisiana, and New Mexico experienced a slight reduction in oil and gas sector activity in the second quarter of 2025.
When the world shakes, West Texas often stands still. In June, oil prices briefly surged as tensions escalated between Israel ...
Many oil and gas exploration and production firms expect to drill fewer wells in 2025 than originally planned at the start of this year.
The company has built upon 15-year-old MIT technology. Startup makes seismic breakthrough that could change the way we drill for energy: 'It's mind-boggling' first appeared on The Cool Down.
Oil futures declined ahead of this weekend’s OPEC+ meeting, where members are expected to agree to another 411,000 barrels a day of output cuts.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a 10th week in a row for the first time ...
The Dallas Fed's quarterly energy survey found uncertainty continued to rise and activity contracted in the second quarter.
Oil prices fell slightly on Thursday as the possibility of U.S. tariffs being reinstated raised demand concerns ahead of an ...
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry.
Texas Supreme Court rules produced water belongs to the driller who owns oil and gas mineral rights, not surface owners.
China avoided purchasing US crude for the third straight month - the longest stretch since 2018 - delivering a fresh blow to ...