Jaxon
Caines
Hart Energy
US Oil, Gas Rig Count Holds Steady for Record Third Week
The oil and gas rig count was steady at 585 in the week to Nov. 8, Baker Hughes said on Nov. 8. Baker Hughes said that puts the total rig count down 31 rigs, or 5% below this time last year.
EQT’s Rice: ‘Wake Up’ to Anti-Energy Movement
In the face of growing opposition to fossil fuels and energy infrastructure, EQT CEO Toby Rice pulled out a rallying cry at Hart Energy’s DUG Appalachia conference: “Wake up!”
Over 22% of Crude Oil Production Shut In US GoM Due to Hurricane Rafael
Over 22% of crude oil production in the U.S. Gulf of Mexico was shut-in in response to Hurricane Rafael.
Oil Rises 1% as Investors Digest US Election Fallout
Oil prices rose nearly 1% on Nov. 7 following the U.S. election results and as Hurricane Rafael rolls into the Gulf of Mexico.
CEO: Range Passes On M&A Fervor For Now: ‘We Didn’t Have To’
While the rest of the E&P sector bought, merged and consolidated, Range Resources sat on the sidelines in Appalachia because it already has plenty of drilling inventory, CEO Dennis Degner says.
US NatGas Prices Slide 2% as Mild Weather Keeps Storage Injections High
U.S. natural gas futures have fallen on forecasts for weather to remain mild through late November.
OPEC Outlook: US Shale Oil Volumes to Hit 16.7 MMbbl/d by 2030
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
Equinor to Acquire Sval Energi’s Stake in the Halten East Project
Equinor now holds 69.5% ownership in the development, which consists of six gas discoveries and three prospects.
Baker Hughes CEO: Transition Without Oil, Gas is a ‘Dream World’
The CEOs of Baker Hughes, SLB and Japan’s Inpex see an energy expansion that includes oil and gas—with lower emissions—as the most pragmatic way to tackle climate change.
Devon Ups Delaware Basin Ante With 21-Well Pad, Secondary Zones
Devon Energy is producing record volumes from the Delaware Basin—its biggest asset—where the company drilled a 21-well pad targeting six different intervals in recent months.