Ever Heard Of Severance Tax? It's How Texas Makes Money Off Oil And Gas Drilling.  Texas StandardTaxes. They tend be something many of us avoid thinking about until a certain time of the year. But they are, of course, an everyday reality when you …

U.S. added three oil and gas rigs last week, with one in Texas  Midland Reporter-TelegramThe nation added three active oil and gas rigs last week, even though U.S. oil prices have slid to about $45 per barrel. Rig counts typically lag changes in …

Oil Jumped, and Carried This Stock to the Top of the S&P 500  Barron'sIf gold was Wednesday's biggest loser, black gold—or oil, as its better known—was its biggest winner, helping Newfield Exploration (NFX) shoot to the top of the ... Read more h …

Oil Jumps, and Carries Newfield Exploration Stock to the Top of the S&P 500  Barron'sIf gold was Wednesday's biggest loser, black gold—or oil, as its better known—was its biggest winner, helping Newfield Exploration (NFX) shoot to the top of the …

BloombergOil Falls Below $58 as Rig Count Counters OPEC Curbs ExtensionBloombergOil dropped below $58 a barrel as investors weighed an increase in U.S. oil drilling rigs against OPEC's promise to extend output cuts through the end of next year. Futures …

BloombergOil Falls Below $58 as OPEC Deal Risks a New Wave of ShaleBloombergOil dropped below $58 a barrel as investors weighed an increase in U.S. drilling rigs against OPEC's promise to extend output cuts through the end of next year. Futures fell as …

Barron'sThe Biggest Loser: Newfield Feels Oil's PainBarron'sShares of the oil and gas exploration company closed at $29.82 after falling more than 7% on a day when the S&P 500 fell more than 0.2%, making it the worst-performing stock in the benchma …

Barron'sEnergy Explorers Pained by Lower Oil PricesBarron'sDevon (ticker: DVN) (rated at Buy) reported second-quarter adjusted earnings per share of 34 cents, splitting the 32 cents consensus and our 36 cents estimate. Overall volumes were in line [with ex …

Enid News & EagleOil, gas producers look to recyclingEnid News & EagleWith restrictions on disposal injection wells increasing, and the threat of drought impacting fresh water supplies, some oil and gas companies are turning to wastewater recycling to shor …

Financial TimesNew Saudi oil minister signals end to glutFinancial TimesSaudi Arabia's new oil minister has signalled an end to the worst of the oil glut and indicated the Opec kingpin is preparing to reassert a degree of control over the market after …