North Dakota rig count hits new low
The number of rigs actively exploring for or producing oil or natural gas in North Dakota is at a historic low, state data for Monday show. Data from the North Continue Reading
Oil slump weighing on housing markets in Texas, North Dakota
There’s a dark side to those delightfully low gas prices: Housing markets are slumping in communities that were recently flush from the U.S. shale oil fracking boom. Home sales are Continue Reading
Snow slows truck traffic in Permian, some crude output hit
A snowstorm dumped around two feet (60 cm) of snow in parts of the Permian Basin in West Texas and New Mexico over the weekend, crimping some crude output and Continue Reading
Oil-Producing States Battered as Tax-Gushing Wells Are Shut Down
In Kern County, California, one of the nation’s biggest oil producers, tumbling energy prices have wiped more than $8 billion from its property-tax base, forcing officials to tap into reserves Continue Reading
Oil drop threatens to push energy groups into liquidation
A growing number of energy companies that have filed or will soon file for bankruptcy court protection are likely to be liquidated, with their prospects diminished by the latest falls Continue Reading
End of easy money for mini-refiners splitting U.S. shale?
Energy companies and oil trading firms that teamed up to build several mini-refineries that convert a swelling surplus of ultra-light U.S. crude into fuels for export seemed like a pretty Continue Reading
Shale’s Running Out of Survival Tricks as OPEC Ramps Up Pressure
In 2015, the fracking outfits that dot America’s oil-rich plains threw everything they had at $50-a-barrel crude. To cope with the 50 percent price plunge, they laid off thousands of Continue Reading
Colorado cities may miss out on energy cash
Colorado cities with the potential to host hydraulic fracturing campaigns could lose up to $1 million in tax revenue if bans are enforced, analysis finds. The Colorado Supreme Court heard Continue Reading
At Crunch Time For US Drillers, Warm Weather Threatens Meltdown
Strapped for cash, Chesapeake Energy Corp canceled its traditionally grand display of holiday lights this year, but like most oil and gas drillers it is still dreaming of a white Continue Reading
Texas RRC Oil and Gas Production
The Texas RRC Oil and Gas production data is out. All the RRC data below is through October 2015 and all the EIA data below is through September 2015. Important: Continue Reading