Shell mulls sale of Permian holdings

Shell mulls sale of Permian holdings

[https://s.hdnux.com/photos/01/20/40/45/21104993/5/rawImage.jpg Riley Griffin, Bloomberg June 14, 2021Updated: June 14, 2021 8:07 a.m. The potential sale could include all of Shell’s 260,000 acres in the Permian Basin, Reuters reported. Daniel Acker/Bloomberg Royal...
Rig count climbs with oil prices

Rig count climbs with oil prices

[https://s.hdnux.com/photos/01/16/62/25/20653388/3/rawImage.jpg June 11, 2021Updated: June 11, 2021 4:07 p.m. The U.S. rig count climbed by five this week. Andrey Rudakov/Bloomberg Energy companies added brought five more drilling rigs into operation in U.S. oil and...
Rig count stumbles as oil prices approach $70

Rig count stumbles as oil prices approach $70

[https://s.hdnux.com/photos/01/20/13/15/21017439/3/rawImage.jpg The number of drilling rigs operating nationally fell this week even as oil prices hovered around $70 a barrel.  Drillers idled one offshore rig, lowering the nation’s count to 456, according to oil-field...