Enverus ran the numbers and analyzed the most prolific private E&Ps in the Lower 48 and Gulf of Mexico.
Kimbell Royalty Partners is growing its oil weighting and full-year production guidance after acquiring more mineral and royalty interests in the Permian Basin.
Russia's oil and gas revenues may reach 593 billion roubles, down from 648 billion roubles in April and 886 billion roubles in May 2022.
High storage inventory is likely to render the current trajectory of U.S. natural gas supply unsustainable, East Daley Analytics research has concluded.
The prolific Permian Basin will lead gains in both crude oil and natural gas production next month, according to new figures from the U.S. Energy Information Administration.
European gas prices were affected by a dip in water reserves and drier weather forecasts, causing mixed Nordic forward prices.
The deal, between Trio Petroleum Corp. and subsidiary Trio Petroleum LLC, could ultimately add 100% working interest in a producing asset in California’s Union Avenue Field.
Tellurian Inc. will halt drilling in the Haynesville owing to lower gas prices and has dialed back its production forecast by an average 18% compared to an earlier forecast just three months ago.
Despite oil production cuts by OPEC and its allies, the U.S. Energy Information Administration’s outlook for crude prices sunk this month over mounting concerns about the banking sector and the broader economy.
An OTC attendee pointed to oil industry pollution in Africa while a university geologist said the energy industry alleviates global poverty — but still needs to clean up its act.