Page 9 - Apache Corp News Today

AUSTIN - On Friday, the Texas Supreme Court found that a lower appellate court erred by failing to apply a common-law default rule in a dispute over dozens of oil-and-gas leases.

As its debt crisis continue to worsen, time is running out for Suriname to successfully exploit the considerable oil potential which lies offshore as the push to decarbonize the world economy gains momentum

With so many market-moving parts, expect some volatility next week.

After a record year for oil and gas mineral and royalty deals in 2022, public consolidators are still searching for scale through M&A, experts say.

Wall Street stocks closed higher on Monday as market participants braced for a week full of quarterly earnings reports.

A megamerger between shale driller Pioneer Natural Resources and supermajor Exxon Mobil could reshape the Permian Basin. But Exxon would need to offer a hefty sum to attract a deal, analysts say.

This week, McDonald Observatory and numerous partners join in celebrating the first anniversary of the Greater Big Bend International Dark Sky Reserve. Covering more than 15,000 square miles in Texas and Mexico, the reserve is the largest dark sky place in the world certified by the International Dark-Sky Association (IDA). This achievement builds on a rich history of efforts to preserve the night skies in the region.

Wall Street stocks turned in a mixed performance on Monday but the Dow Jones still managed to kick off the second quarter in the same manner it wrapped up the first.

The Permian led the nation in drilling rig activity in the past year, with data showing much of that growth coming from large, public upstream operators as private companies such as CrownQuest Operating, Iskandia Energy and Mack Energy have downshifted.

Tulsa-based pipeline giant Williams has joined the natural gas industry’s Our Nation’s Energy Future Coalition (ONE Future), which is working to reduce methane emissions across the value chain.