Multiple oil well sites are seen on the Fort Berthold Indian Reservation in North Dakota, in a November 1, 2014 file photo. North Dakota’s daily oil production will soon drop Continue Reading
U.S. drillers this week added oil rigs for a seventh consecutive week, the longest recovery streak in the rig count in over two years, even as analysts revise down rig Continue Reading
Rigs targeting crude in Permian up by 12 to 189: Baker Hughes U.S. explorers add oil rigs for seventh week in a row U.S. oil producers added rigs for the Continue Reading
Some of the oil reservoirs in the United States may be more resistant to the pressure from weak market conditions than some had expected, a federal report finds. File photo Continue Reading
North Dakota’s oil production fell about 20,400 b/d month on month in June to 1.026 million b/d, and output is expected to fall below 1 million b/d “pretty soon,” likely Continue Reading
The peak oil controversy stages a comeback as the industry confronts a future of higher costs — and low prices. A spindletop spouter gushes oil in 1902. (Image: Wikimedia Commons) Continue Reading
Number of active rigs 75 percent below October 2014 peak IEA reiterates view U.S. shale oil output to fall this year While shale drilling in the U.S. is on the Continue Reading
The U.S. Energy Information Administration said on Tuesday that it expects a smaller decline in U.S. crude oil production in 2016 than it forecast a month ago as an uptick Continue Reading
Global fuel consumption to outpace production next year: EIA EIA reduces WTI, Brent crude price projections for 2017 Oil producers in the U.S. are proving more resistant to low prices, Continue Reading
North Dakota exploration and production activity moved slightly lower after a steady string of modest gains, state data published Monday show. State data show 34 rigs actively exploring for or Continue Reading
