The number of active U.S. rigs has fallen by 102 to 942 in the past year, according to Baker Hughes, a GE company. But shale production in July hit 8.52 million barrels per day, a year-over-year increase of about 16%, according to government data.
The Occidental-Anadarko takeover plus the completion of Encana and Chesapeake’s multibillion-dollar mergers top our list of upstream deal-making from the first half of 2019.
Oil and gas M&A activity roared back to life in the second quarter driven by Occidental’s Anadarko takeover. But will that momentum continue?
ConocoPhillips Niobrara producers plus the completion of a South Texas field’s first horizontal well top this week’s drilling activity highlights from around the world.
The Bakken’s operators are seemingly locked into a dwindling geography in North Dakota, but companies are increasingly returning to their wildcatter roots to see how far they can stretch the Williston Basin’s core.
Michael Reger is stepping down as president of Northern Oil and Gas—the company he founded in 2006—to pursue opportunities outside the Williston Basin.
Lawmakers in at least 18 states since 2017 have put forward bills criminalizing protests that disrupt construction and operations of pipelines. Which states are next?