While several industry insiders have questioned the current perception that domestic oil production in the United States is thriving, a recent Forbes column argues that this skepticism is without basis.

Bakken oil production has already declined in 2015.  There is compelling evidence that this decline is going to accelerate significantly in the next couple of months. If that happens the recovery we have seen in oil prices in recent weeks is also going accelerate. Being as the market likes the fact...

Financial services firm Raymond James recently upgraded Petroquest Energy (PQ:NYSE) to OUTPERFORM from MARKET PERFORM based in part of the company's strong second quarter results.

While North Dakota may be known for having the country's largest production of sunflowers, the director of the state's Department of Mineral Resources (DMR) predicts that it will soon become the nation's second-largest oil producer.

As the oil price fell from $105/barrel in 2014 to $26/barrel in 2016, producers, service companies and banks/lenders worked very co-operatively to keep as many people employed and as much oil flowing as possible. It has been a remarkably co-operative endeavour for the global energy industry. I expect that to change...

Canadian brokerage firm Canaccord Genuity recently released a report maintaining its BUY recommendation and C$6.25 target share price for oil and gas company Pinecrest Energy (PRY:TSXV).

Here is an energy issue I thought would have been resolved years ago--but it's going to court this week in Alberta.  The central question is simple--what takes priority if a producer goes bankrupt--environmental liabilities to plug & abandon (P&A) wells, or creditors. What's happening is that the Alberta Energy Regulator...

Booming production of crude oil in North Dakota is necessitating significant upgrades in transportation infrastructure in the state.