A report by the U.S. Geological Survey said significant reserves of oil and natural gas could be lying thousands of feet ...

Petroleo Brasileiro S.A., or Petrobras PBR, is slated to release first-quarter 2025 results on May 12. The Zacks Consensus ...

Explore Diamondback Energy's resilience: robust cash flow, cost control, and share buybacks despite recession risks & OPEC+ ...

I’ve been in this business a long time, and I’ve never seen anything like it,” Malone Mitchell III, chairman and CEO of international explorer TransAtlantic Petroleum, said in Oklahoma City about ...

OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment ...

Comstock Energy’s Olajuwon Pickens #1H “shoots and scores” 41 MMcf/d from a 10,306 ft lateral—adding Freestone County, Texas, ...

Half a century later, that ultra-deep mindset is being repurposed for something more practical: harvesting Earth’s heat as a ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

Examiners repeatedly noted the significant risk of water contamination at the East Texas site. But the Railroad Commission green-lit the facility.

U.S. benchmark crude oil prices are hovering below the level oil executives say they need to drill new wells at a profit, spurring concerns that the country’s output could stagnate or even stall.

Shale is what geologists call “source rock.” The oil and gas in conventional plays migrated from the source rock across hundreds of millions of years, said Stephen Sonnenberg, a petroleum ...

HOUSTON(Reuters) -Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep tariffs drive construction costs higher. Less drilling ...