The Latest

Are Shale Producers Getting Credit for Reining in Spending Frenzy?

An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift.

DOE Report on LNG Pause Climate to Arrive Before January

The White House said it implemented a permit pause on export facilities to allow time for an analysis of LNG climate impacts.

US Drillers Add Oil, Gas Rigs for First Time in 8 Weeks

The oil and gas rig count rose by seven to 589 in the week to Dec. 6, its highest since mid-September. 

Nova Compression Boosts Delaware Presence with Asset Purchase

Nova Compression LLC says the package of assets from Kodiak Gas Services will double its density in an active area of the basin.

Kolibri CEO Expects Tishomingo Well Pad to be 'More Economic'

Kolibri Global Energy Inc., an operator in the Tishomingo Field in Oklahoma, reported strong performance at its Alicia Renee well pad.

Oil Set for Weekly Loss on Surplus Fears After OPEC+ Cut Extensions

The Organization of the Petroleum Exporting Countries and its allies on Dec. 5 pushed back the start of oil output rises by three months until April. 

BP Seeks Buyers for US NatGas Pipeline System Stake, Sources Say

BP is seeking buyers for a stake in its U.S. natural gas pipeline network, sources say. 

Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making

Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.

EIA Reports 30-Bcf Drop in Stored NatGas, Missing Expectations

The withdrawal of U.S. natural gas in storage was lower than expected, but prices remain above $3.

Chord Taps Gradient Geothermal’s Tech for Williston Basin Power

The first-of-its-kind deployment for the geothermal company in North Dakota involved removing heat from produced fluids to create electricity.