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Oil and Gas Drilling Commodity Market Trades, Charts

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  • MOSCOW, Jan 20- Oil services giant Schlumberger plans to buy a 45.65 percent stake in Eurasia Drilling for about $1.7 billion, potentially paving the way for it to become the sole owner of Russia's most active oilfield services company. The multi-stage deal announced by the companies on Tuesday will see U.S. group Schlumberger, which has been in a strategic...

  • How West Texas crude got its swagger back: Kilduff Tuesday, 13 Jan 2015 | 6:03 PM ET

    Here's how West Texas crude got its swagger back—well at least relative to its more worldly cousin Brent—explains John Kilduff.

  • When—and where—oil is too cheap to be profitable Monday, 12 Jan 2015 | 11:43 AM ET

    Lower prices could make oil unprofitable to pull out of the ground. But we're not there yet, according to energy consultant Wood Mackenzie.

  • US manufacturing rebound a virtual 'myth': Study Monday, 12 Jan 2015 | 6:00 AM ET
    A 2014 Ford F-150 truck as it undergoes assembly at the Ford Dearborn Plant, last June in Dearborn, Michigan.

    Despite anecdotal evidence, a new study is dismissing the U.S. manufacturing renaissance as little more than a "myth."

  • So long sacred cow! Gas tax builds momentum Saturday, 10 Jan 2015 | 11:03 AM ET
    The gas prices are advertised outside the Costco store in Westminster, Colorado, December 2, 2014.

    A twist of fate has made slumping gas prices fuel a discussion once thought to be anathema in a Republican-led Congress: higher gas taxes.

  • NEW YORK, Jan 8- Sue Ann Arnall, the ex-wife of Oklahoma oil magnate Harold Hamm, has deposited a handwritten $975 million divorce check, Hamm's lawyer said on Thursday, in a move that may end an epic divorce battle over a fortune worth billions. In the November ruling by an Oklahoma County Court judge, Hamm, the chief executive of Continental Resources was allowed to...

  • These 2 U.S. drillers have 'great rocks': Analyst Thursday, 8 Jan 2015 | 3:09 PM ET
    Workers connect drill bits and drill collars on Endeavor Energy Resources’ Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas, Dec. 12, 2014.

    Investors who believe in a long-term recovery in oil prices should look to exploration and production companies, said David Tameron.

  • How low can we go? Picking the price of oil Wednesday, 7 Jan 2015 | 5:33 AM ET
    The oil storage depot at Indonesian oil company Pertamina in Jakarta

    Trying to pick the bottom of oil's surprise price plunge may be tougher this time around, with analysts turning to non-traditional indicators to make predictions.

  • How to stem oil free fall  Wednesday, 7 Jan 2015 | 4:00 AM ET

    In order to stem the free fall in oil prices, one of three key things must be done, says Sabine Schels, a commodity strategist at BofA Merrill Lynch Global Research.

  • Jan 6- Harold Hamm, the chief executive of oil driller Continental Resources who is embroiled in a bitter divorce, offered to pay his former wife $974.8 million, but she rejected a hand-written check, lawyers for both sides said on Tuesday. Hamm's offer would have paid his ex-wife, Sue Ann Arnall, immediately the full cash value of what he owes based on a November...

  • Jan 6- Harold Hamm, chief executive of oil driller Continental Resources who is embroiled in a bitter divorce, offered to pay his former wife $974.8 million, but she rejected a hand-written check delivered to her legal team, his lawyer said on Tuesday. Hamm's offer to pay ex-wife Sue Ann Arnall immediately the full cash value of what he owes based on a November...

  • Just beginning of reaction to low oil: Pro  Tuesday, 30 Dec 2014 | 3:37 PM ET

    As oil demand weakens, companies are cutting back drilling workers and services. John Kilduff, Again Capital, and Russell Gold, Wall Street Journal, weigh in on the impact to the U.S. economy.

  • BISMARCK, N.D., Dec 19- Tumbling U.S. oil markets approached an important if obscure milestone on Thursday, closing near a price that could trigger a $5.3 billion, two-year tax break for North Dakota oil drillers as soon as next summer. "We're really at the point where we could start calculating this," Ryan Rauschenberger, North Dakota's tax commissioner, said in an...

  • Frack no! Some locals lament NY ban: Report Monday, 22 Dec 2014 | 11:12 AM ET
    New York Governor Andrew Cuomo greets fracking protesters outside his office in New York December 17, 2014.

    While some are praising New York's decision to ban fracking, some business owners who were hoping for a drilling-related boom are disappointed.

  • These companies can weather the oil pullback: Pro Friday, 19 Dec 2014 | 2:26 PM ET
    Workers connect drill bits and drill collars, used to extract natural petroleum, on Endeavor Energy Resources LP's Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas.

    Oil at $50 a barrel is not going to scare some producers, and investors should focus on companies with core acreage in good basins, said Mike Kelly.

  • Chart shows oil rig count may have long way to fall Friday, 19 Dec 2014 | 1:18 PM ET
    A pedestrian walks past pumpjacks operating at the Inglewood Oil field in Los Angeles.

    Oil rig count numbers have a long way to drop, late to chase the price fall in gas prices.

  • PARIS/ LONDON, Dec 19- Bargain hunters may have to think twice before scooping up shares of beaten-down oil services companies, as a slump in crude prices raises questions about their ability to pay back debt. "People are just starting to dump these bonds given the trajectory of oil prices," Saxo Bank Chief Investment Officer Steen Jakobsen said.

  • BISMARCK, N.D., Dec 19- Tumbling U.S. oil markets hit an important if obscure milestone on Thursday, closing for the first time at a price that could trigger a $5.3 billion, two-year tax break for North Dakota oil drillers as soon as next summer. "We're really at the point where we could start calculating this," Ryan Rauschenberger, North Dakota's tax commissioner, said...

  • Why the bottom for the oil sector could be near Monday, 15 Dec 2014 | 8:46 AM ET
    A driver refuels his luxury Ferrari automobile with unleaded petrol at an Esso gas station, operated by Exxon Mobil Corp., in Guildford, U.K.

    Energy stocks will reach a bottom when investors feel they can't own them at any price—and that time is near, said Fundstrat founder Tom Lee.

  • Bakken-Cushing pipeline project slammed shut Saturday, 13 Dec 2014 | 11:01 AM ET

    Enterprise Products Partners is shelving a pipeline that would have transported crude from North Dakota to Oklahoma, the company said Friday.