New Zealand Oil & Gas will drill an exploration well in the Barque prospect, in the Canterbury Basin off the eastern coast of New Zealand’s South Island. The company has until April 2018 to present an ...

What West Texas Intermediate (WTI) oil price do companies need to profitably drill a new well in the U.S.? The West Texas Intermediate (WTI) oil price companies need to profitably drill a new well in ...

The alignment of Intrepid with Double Barrel RSS is targeted towards unlocking substantial value for both our clients and our organization.” — Clint Leazer, CEO ...

It was a short ride — about three days — for crude oil prices above $50 per barrel. The Permian Basin remains hot, and the Eagle Ford shows some signs of life. Crude oil prices taking a three-day ride ...

MIDLAND, Texas—Using a proprietary app called iSteer, Brian Tapp, a geologist for EOG Resources Inc.,EOG1.73%increase; green up pointing triangle dashed off instructions to a drilling rig 100 miles ...

HOUSTON, April 11 Reuters) - President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil industry is actually starting to think about cutting ...

Turbulence in the international economy causes volatility in the per-barrel price of oil. New drilling activity took a slide in the Eagle Ford shale amid $52 per barrel oil prices, according to ...

BP is within weeks of spudding a highly anticipated wildcat on a huge prospect offshore eastern Canada, with its chosen drillship having just started its voyage west across the Atlantic Ocean. Results ...