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Houston-based Dril-Quip Inc.’s product bookings in the first quarter reached $99 million, up 11% sequentially and exceeding guidance of $80 million, a positive sign that global offshore activity may be accelerating.

Oryx Midstream Services II LLC is gauging interest in additional crude transportation options in West Texas via a regional system that now serves the Permian Basin’s Delaware formation.

With one seat on FERC's nominally five-member panel empty for more than three months and another due to be vacated this summer, natural gas and oil organizations are anxious for the White House to nominate new commissioners.

Canada's rich gas vein, the Montney formation, dominates British Columbia (BC) production, even though the industry has only scratched the surface to date, the BC Oil and Gas Commission (BCOGC) said.

Natural gas bears were emboldened after taking out a long-held key support level on Wednesday with weather models trending increasingly warmer. The Nymex May gas futures contract settled 5.5 cents lower at $2.517/MMBtu, and June settled 5.8 cents lower at $2.559.


RT @EnergyInDepth: "The United States produces more energy than any other country and is a leader in greenhouse gas emissions reductions. .…

RT @AnteroResources: Natural gas producers like Antero have helped cement the U.S. as the world's top natural gas producer. Here's why that…