Baker Hughes rig count released Friday shows the United States has added 22 rigs since last week, bringing its total count to 635. This shows an increase of 238 rigs from last year, and brings […]
CEO sees U.S. oil growing up to 900,000 barrels a day in 2022 Warning comes after Exxon, Chevron plan Permian Basin boost ConocoPhillips said traders should be worried about strong oil production growth coming out of […]
Output in the U.S. shale patch is “re-booming” this year, with research and data analysis firm Lium LLC forecasting production will surge by more than 1 million barrels a day. That’s the most bullish industry forecast […]
The largest U.S. shale basin’s output will surge to a record in February, according to a monthly forecast from the U.S. Energy Information Administration (EIA) on Tuesday. The largest U.S. crude basin, the Permian basin […]
ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago. The first oil field to be discovered in waters off Abu Dhabi, […]
Leaders on the front lines of the oil and gas industry are pushing back against Democrats’ attempts to kick the country’s reliance on fossil fuels. They argue they will be integral to the global economy […]
US shale expenditure is set to surge nearly 20 percent next year as the industry recovers from the unprecedented volatility caused by the Covid-19 pandemic. Expenditure will leap to a predicted $83.4 billion in 2022, […]
Exxon Mobil Corporation and Chevron Corporation on Friday disclosed plans to expand drilling in the top US shale basin after posting their biggest quarterly profits in years. Latecomers to the west Texas shale fields, both […]
We sit down with JP Warren, CEO, Podcast producer, and great Steven Segal fan. We have a blast talking about life as podcast hosts and the oil and gas space. JP’s company is Connecting Crue, […]
he oil industry is up against massive public and governmental demands to diversify from fossil fuels and hasten the energy transition. Pressure to speed up is only increasing as indicated by a recent spate of […]
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