News
Noble Energy, Consol Energy end Marcellus Shale partnership
Noble Energy and Pittsburgh-based Consol Energy on Monday said they have ended their shale exploration partnership in the Marcellus drilling region. Houston-based Noble and Consol in 2011 forged an agreement for joint exploration and development...
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Commentary: The new energy company
By Reid Morrison The U.S. oil and gas industry has experienced a sea change as it navigates an unpleasant shift in commodity prices since the highs of 2014. And as the industry muscles through a...
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Field Report – October 2016
During the month of October, we saw a few more companies make a push for a position in the Delaware Basin. It appears that many companies are interested in obtaining some sort of position in this...
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Gas drillers send six more rigs to patch; Oil loses two
The number of oil rigs in U.S. fields fell by two this week, the first decline in 18 weeks, the Houston oilfield services company Baker Hughes reported Friday. At the same time, U.S. gas drillers...
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Market Currents: The OPEC conundrum continues
Despite a weaker dollar, oil prices are limping lower into the weekend, set for a first weekly decline in six. Next week we get a new month, and an onslaught of new economic data to...
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