SB 694 was passed by the West Virginia Legislature during its 2022 Regular Session on March 9. SB 694 represents a long awaited step forward for the oil and gas industry in West Virginia. The bill ...

Let’s assume you own a 175 acre farm in Washington County. Your grandfather acquired the farm back in 1948 from Farmer Brown (the “1948 Deed”). Your grandfather always said that he bought both the ...

Forbes contributors publish independent expert analyses and insights. Ian writes on fossil energies, climate, and transition to renewables. Success in the shale revolution was so dramatic that oil ...

Horizontal drilling has helped Perman Basin oil output surge to over 6 million barrels a day and lifted U.S. output to a record 13.6 million barrels a day. But as production volumes have increased, so ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 81 percent of completed wells in the oil and gas industry were horizontal or ...

Berry Corporation's recent impairment is a one-off event, I expect net income to rebound without further impairments, making current earnings look artificially weak. New horizontal well developments ...