Page 2 - Texa Eagle Ford News Today

The largest shale basin in the United States, the Permian, is on track to hit a record 5.408 million barrels per day next month, with production set to rise by 79,000 bpd

California is rich in natural resources which once powered the state: natural gas deposits in the Monterey Shale formation; geothermal energy, abundant

These energy companies are taking an investor-friendly approach to shareholder returns amid higher oil prices.

The price of crude oil continues to inch towards $100 as the threat of a Russia-Ukraine conflict gains momentum. Russia is the world’s second-largest exporter of crude oil in the world and the third-largest producer of crude, and a potential conflict heightens fears of possible supply crunches. With Russia being also the world’s largest producer ...

Murphy Oil Corp. turned 2020's fourth-quarter loss into profit for the same quarter in 2021, the company reported Thursday.

Onshore gas flaring in the U.S. nosedived in the third quarter of 2021, falling to its lowest level since at least 2012.

U.S. gas flaring has nosedived in the third quarter, dropping to its lowest level since 2012

Onshore gas flaring in the US nosedived in the third quarter of 2021, falling to its lowest level since at least 2012, a Rystad Energy analysis shows.

EnCap plans to split EP, which holds production assets in South Texas and Northeastern Utah, into its separate geographies and merge them with existing portfolio companies, according to the sources.

‘Live’ DUC count hit 2013 low as the US continues to frac more than it drills 8/3/2021 US tight oil operators have for several months been depleting their inventory of drilled but uncompleted wells (DUCs) and, amid a slower drilling response, the number of ‘live’ DUCs in the country’s major oil regions slumped to 2,381 wells in June 2021, the lowest level since 2013, a Rystad Energy analysis reveals. The total number of horizontal DUCs in...