Don’t expect a major ramp-up of oil production in Oklahoma’s hot new shale plays any time soon, even as companies invest billions of dollars in the region, said Newfield Exploration Co.’s chief Continue Reading
State’s production falls to lowest level since March 2014 Regulator says slowdown to continue through next year North Dakota oil production dropped below one million barrels a day in August Continue Reading
An uptick in oil prices is unlikely to cut short a drilling rally, and DUCs can help maintain the momentum toward market balance. Questions have emerged on whether accelerated drilling Continue Reading
Output from hottest U.S. shale play may blindside gas traders Permian’s lower drilling cost driving drilling rig increase One of the biggest threats to an extended rally in U.S. natural Continue Reading
Despite OPEC’s best efforts, shale boomers are still alive and kicking—at least some of them. More precisely, those that came first, chose the best acreage, and had the farsightedness needed Continue Reading
Many of America’s oil and gas producers are expecting greater production returns from longer lateral lengths when they drill in unconventional plays. They could be in for a rude awakening, Continue Reading
While OPEC and Russia are talking about freezing or even cutting crude oil production to restore the market balance – and pushing up prices in the process – rig drillers Continue Reading
Crude at $60 a barrel would probably trigger a strong increase in North American oil output, the head of the International Energy Agency said, amid signs that OPEC members and Continue Reading
Company boosts forecast for 2016 output by 6 percent Company to see $350 to $425 million in capital spending Diamondback Energy Inc. rose the most since 2013 after the oil Continue Reading
Explorers added oil rigs in the U.S. for a sixth consecutive week after OPEC’s pledge to cut output triggered a crude market rally, allowing producers to lock in higher prices Continue Reading
