The U.S. rig count is down 64 rigs from the previous week to 664, with oil rigs down 62 to 562, gas rigs down two at...
Midland-based ProPetro announced this week it's laying of more than 380 workers at its facility on FM307, according to RIGZONE.com.
President Trump is scheduled to meet with the CEO's of some of the biggest oil companies in the country to talk about measures to help the industry...
The world's thirst for oil has evaporated.
“Large-scale production interruptions appear inevitable and imminent,” according to Pioneer Natural Resources and Parsley Energy executives,...
US crude plunged nearly 7% and finished at an 18-year low of $20.09 a barrel Monday as the coronavirus pandemic...
Apache Corp. is sending 85 Midland workers home in response to the oil crash. The company told state workforce officials layoffs began Wednesday...
Tens of thousands of Texans are being laid off across the state in places like the...
"I am very concerned about the impact the international oil market instability has on the Texas economy, state...
The number of rigs in the most prolific basin, the Permian, fell by 13 this week to 405, compared to 459 rigs one year ago.
“We’re getting a double whammy right now, because we got the pandemic working against...
President Donald Trump has ordered the Department of Energy to purchase 77 million...
Pioneer Natural Resources Co. has cut its 2020 drilling, completion and facilities budget by 45% and expects it to range between $1.6- to $1.8...
Crude sold in the world’s largest oil field has gotten so cheap, you can buy a barrel for less than...
President Trump directed U.S. energy officials to start buying “large amounts” of oil to fill up the...
Apache says it will reduce its Permian rig count to zero over the coming weeks, and plans to lower activity in Egypt and the...
“We are preparing for two years of low prices and...
"We've had supply shocks, we've had demand shocks -- but we kind of got the one-two punch with both of them happening...
