Helmerich’s warning follows similar commentary by America’s No. 2 provider of frack pumps. Helmerich & Payne Inc. suffered its worst decline since early in the pandemic as the biggest U.S. Continue Reading
U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row as crude prices rose to a seven-year high last week, prompting some Continue Reading
Highlights Rig count hits 41, highest since pre-pandemic: Enverus Production tops 3.8 Bcf/d, matching March 2020 level Devon sees larger capex share for Okla. acreage in 2022 Gas production from Continue Reading
Mark Siffin’s foray into the Permian Basin leaves behind financial and environmental wreckage that outlasts his presence in West Texas. Mark Siffin’s love affair with the Permian era started when Continue Reading
A stand-off between President Joe Biden and oil and gas producers in the Permian Basin is developing as prices continue to climb. President Biden has accused the oil and gas Continue Reading
U.S. shale producers have added extra drilling rigs much more slowly than during the recoveries that followed the last two oil price slumps, limiting output and helping push local prices Continue Reading
President Biden’s calls on OPEC to increase production were received rather negatively by the U.S. shale patch which believes it can take care of the supply problem While some observers Continue Reading
U.S. oil producers are struggling to find enough crews, vehicles and equipment to take advantage of rising global demand and a seven-year high in crude prices, say executives at oilfield Continue Reading
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The oil and gas industry is finally getting in on the 3D printing revolution, using the technology to solve supply chain problems, lower costs, and reduce emissions The tech could Continue Reading
