With one third of the Mexican government's budget funded by Petróleos Mexicanos (Pemex), a decline in the state-owned oil company's production hits the government hard.
David Lawler has accepted the role of chief executive officer of BP PLC.'s Lower 48 Onshore business and resigned his role as executive vicepresident and chief operating officer...
Merger and acquisition activity in the US oil and gas industry jumped in the second quarter of 2014, and nearly half of total deal value was related to shale plays, according ...
Bill Barrett Corp. has agreed to divest the majority of its acreage in the Powder River basin and its remaining position in the Gibson Gulch area in the Piceance basin to undisclosed...
Goodrich Petroleum Co. reported encouraging results from another well targeting the emerging Tuscaloosa Marine shale (TMS) in Louisiana and Mississippi.
Southwestern Energy Co. completed 7 of its 10 best-performing wells in the Mississippian Fayetteville shale during the second quarter as it continued to refine drilling and completion...
Anadarko Petroleum Corp. stepped up production in Wattenberg field in Colorado during the second quarter. The rise was attributed to the success of its horizontal drilling program...
The birthplace of the shale revolution-the Barnett shale in North Texas-may well hold the key to enduring economic success for communities experiencing the newfound growth associated...
Capital spending in the Wolfcamp tight oil formation is on track to exceed $12 billion in 2014-making the play the second highest area of investment among US unconventional plays...
An improved completion design that utilizes longer laterals and increased sand loadings is raising initial production (IP) rates for SM Energy Corp's Eagle Ford shale wells in...
Rex Energy Corp. has signed a $120 million deal to acquire 207,000 net acres prospective to the Marcellus, Upper Devonian Burkett, and Utica shales in Pennsylvania and Ohio from...
The recent acquisition of Kodiak Oil & Gas Corp. by Whiting Petroleum Corp. is set to create the largest producer and most active driller in the Bakken-Three Forks tight oil play...
Antero Resources has surpassed 1 bcfd of net gas-equivalent (bcfed) production from the Marcellus and Utica shales and secured the gas processing and pipeline capacity needed ...
Marcellus shale companies expect to hire more than 2,000 new employees in 2014, according to a workforce survey released by the Marcellus Shale Coalition (MSC).
Royal Dutch Shell PLC has signed two separate deals that will enable it to exit its positions in the Haynesville shale and Pinedale field in exchange for $2.1 billion in cash ...
Improvements in drilling and completion techniques, along with additions of regional pipeline and processing capacity, are expected to propel Marcellus shale production even higher...
Pioneer Natural Resources Co., Irving, Tex., has agreed to sell all of its Barnett shale assets in North Texas to an undisclosed private company for $155 million.
