Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.
Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset.
South Bow and Occidental Petroleum said the offer from TRC Capital, which seeks to purchase up to 2 million and 3 million ...
Former President Donald Trump met with a cadre of top oil and gas CEOs in April and reportedly proposed a deal: provide $1 billion for his campaign and he would fast-track federal permitting for ...
Enbridge is also growing its renewable energy sector. The company announced it was moving forward on Sequoia Solar, an 815-MW ...
In EIV Capital’s portfolio, Bayou Midstream built and acquired assets in the western Bakken in anticipation of the growing ...
Kimmeridge Texas Gas and Kimmeridge-backed Commonwealth LNG have committed to an independent certification as part of achieving operational net-zero emissions in the companies’ natural gas sector, ...
ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle ...
U.S. energy firms kept the number of oil and natural gas rigs operating unchanged for a second week in a row, energy services firm Baker Hughes said in its closely followed report on Nov. 1. The oil ...