United States

Permian WTI Crude Oil Futures Sets ICE Trading Record

Volume of 1,953 contracts breaks previous mark set earlier in January.

Feb 1 2019 - 10:22am

Sempra Texas Port Arthur LNG Export Plant Passes Environmental Test

FERC says environmental impact would be at ‘less-than-significant’ levels.

Feb 1 2019 - 10:08am

EIA: US Crude Production In November Rose To 11.9 Million bbl/d

U.S. crude oil production rose to a new high of 11.9 million barrels per day (MMbbl/d) in November, up 345,000 bbl/d from the previous month, the U.S. Energy Information Administration said in a monthly report on Jan. 31.

Feb 1 2019 - 8:34am

Marketed: Anschutz Exploration Overriding Royalty Interest Across Six States

Anschutz Exploration retained EnergyNet for the sale of overriding royalty interest across Montana, North Dakota, New York, Oklahoma, Texas and Wyoming.

Feb 1 2019 - 6:35am

Chesapeake Energy Closes Nearly $4 Billion Acquisition Of Eagle Ford Producer WildHorse

Chesapeake Energy completed its acquisition of WildHorse Resource Development Corp. on Feb. 1, creating an Eagle Ford oil producing powerhouse.

Feb 1 2019 - 8:20am

Chevron’s Quarterly Profit Rises On Higher Oil Production, Prices

Results from Chevron reflected higher oil and gas production with output for the quarter up 156,000 barrels per day from a year earlier. Prices paid for its crude also rose.

Feb 1 2019 - 8:00am

Exxon Mobil’s Profit Tops Estimates As Production Rebounds

Exxon Mobil said its oil and gas production in the Permian Basin, the largest U.S. shale basin, rose 90% over a year ago.

Feb 1 2019 - 7:35am

Magellan Cancels Plan For Short-Haul Oil Pipeline In West Texas

The Tulsa-based company plans to pursue a lower-cost project to meet shipper needs in an effort to be more capital efficient, its CEO told investors on a conference call.

Jan 31 2019 - 3:22pm

Pennsylvania Governor Seeks Natural Gas Tax To Raise $4.5 Billion

A new tax on extracting natural gas is being proposed by the governor of Pennsylvania, home to the Marcellus and Utica shale basins and the second biggest gas-producing state in the U.S. 

Jan 31 2019 - 2:15pm

ConocoPhillips Pursues More Growth Opportunities As Production Rises

In the Lower 48 Big 3—Eagle Ford, Bakken and Permian Basin—ConocoPhillips plans to grow production by about 19% this year.

Jan 31 2019 - 2:00pm