North Dakota daily oil production sets record, but rig count dropping
The state's Mineral Resources Department estimated December production at slightly more than 38 million barrels, or about 1.23 million barrels per day. That broke the November record of 1.19 million...
View ArticleEagle Ford shale oil boom turns to bust
More than five years of rising oil prices spurred thriving sales of million-dollar trophy homes in Calgary and a doubling of home prices in the last decade.
View ArticleSheffield: Midland economy will recover, maybe not as strong
The chairman and chief executive officer of Pioneer Natural Resources said during a visit to Midland last week that this is the industry’s fifth major downturn since he arrived in Midland in 1979.
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