Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest performance in the final month of the year in six years. Brent crude oil futures were up 32 cents on […]
U.S. energy companies this week added oil rigs for a seventh week in a row, extending a seven-month drilling recovery as crude prices held near a 17-month high. Drillers added 12 oil rigs in the week to Dec. 16, bringing the total count to 510, the highest since […]
U.S. shale production is set to snap a five-month decline in January, the U.S. government said on Monday, a move that comes just days after OPEC and rival producers agreed to reduce crude output in an effort to boost prices. The month-on-month increase in production would be the […]
Police and about 400 people who were protesting the Dakota Access Pipeline clashed Sunday evening as demonstrators set fires and law enforcement officers fired rubber bullets, tear gas and water at the crowds, authorities said.
The US Geological Survey said Tuesday that it found what could be the largest deposit of untapped oil ever discovered in America. An estimated average of 20 billion barrels of oil and 1.6 billion barrels of natural gas liquids are available for the taking in the Wolfcamp shale, which […]
Congratulations President Trump!!! Kick the tires & light the fires, it’s time to “Make America Great Again.” (follow OILFIELD1.com for updates on oilfield jobs, news, business and more)
***ATTENTION*** all oilfield hands tomorrow is election day. Tomorrow is the last chance you have to get out and vote Trump. If you do not vote Trump you are giving Hillary a better chance of shutting down the oil & gas industry in the United States. If you […]
A ban on hydraulic fracturing would kill 14.8 million jobs and cost the average American family $4,000 dollars, according to a new report by the U.S. Chamber of Commerce. Were environmentalists to successfully ban fracking next year, 3.9 million jobs would evaporate in 2017, rising to 14.8 million […]
Hillary Clinton is completely against the oil & gas industry & does not want our hard working oilfield families to get back to work. She is living in a clean energy fairy tale that will not happen for many many years from now. What are we suppose to […]
According to an article from Bloomberg.com significant signs show that the Oil & Gas Industry is shifting from survival mode to growth. It is reported that a number of major oil & gas corporations are making some big moves. More than $11 billion of transactions were announced globally […]
