A Texas Railroad Commission (RRC) spokesperson has revealed to Rigzone that the organization has not seen an overall impact on production, despite wildfires in the state. “We understand production may fluctuate as companies take measures […]
HOUSTON, TX (February 29, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas. […]
Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets and North American logistics operations in a transaction valued at $450 million as it aims to create the largest […]
There are good days, and then there are GREAT days. This was one of the great days, as I got to interview JP Warren, Connector, Podcast Host, and Keith Stelter, Podcast host and CSO at […]
LONDON, Feb 23 (Reuters) – Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil […]
AmericasOffshore Paratus Paratus Energy Services has secured a one-year contract for the Titania jack-up for work offshore Mexico. The new contract will contribute around $55m in backlog and is expected to begin around mid-February 2024. […]
This was a fun podcast with Nick Burns of PetroFit. Boy, we got into helping our great veterans and their charities. Not only helping get veterans transitioning from active duty to the oil and gas […]
Houthi says they targeted oil tanker in Red Sea China presses Iran to rein in Red Sea Houthi attacks U.S. economic data shows faster than expected growth U.S. crude stockpile drawdown also supports HOUSTON, Jan […]
US energy services firm Baker Hughes booked record $5.6 billion of LNG equipment orders in 2023. The company said the outlook for LNG FIDs over the next few years “remains strong”. Following record LNG equipment orders […]
Data source: U.S. Energy Information Administration, Monthly Crude Oil and Natural Gas Production Crude oil production in the United States reached a record high in August 2023, led primarily by more production in Texas. In 2023, most […]
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