According to a November 2021 report from the California Energy Commission, offshore production from facilities in federal waters equated to just 1% of all crude oil processed in California refineries.

The number of oil and gas rigs actively drilling in the US declined by 1 to 550, Baker Hughes reported in its latest weekly survey.

BOEM has announced its intent to prepare a programmatic environmental impact statement for proposed oil and gas lease sales ...

Midland College trustees will consider an oil lease and surface deal for an on-campus drill site near Midland Airpark on Monday.

BP’s overall output plunged as the company shed crude and gas assets, and trimmed upstream investment. Its market capitalization is still almost 40% below where it was in early 2019. The company now ...

When you click on “Accept all”, you consent to ads on this site being customized to a personal profile we or our advertising partners may have about you. Choose “Customize or Reject all” if you want ...

MCM Delaware Resources LLC, a subsidiary of MCM Energy Partners ("MCM"), announced today that it has closed the acquisition of crude oil and natural gas assets from Battalion Oil Corporation ...

Oil production for all of 2026 should be 5% higher than last year. The company’s gas operations in the Dorado basin are expected to grow by a third by December.

The acquisition of about 6,207 net acres in Ward County, Tex., allows MCM to add to its multi-bench development platform.

Business leaders from fishing, hospitality and agriculture warn proposed offshore drilling could threaten jobs and reshape ...

Mountains rise up in every direction, creating views that never get boring. The air smells clean and fresh, nothing like the ...

Taft is an oil town in the southwestern San Joaquin Valley. Oil derricks create an interesting industrial landscape. This working town offers an authentic California experience. Your day trip costs ...