S&P Global Platts Upstream Indicator reports U.S. rig count is 1,076 rigs, -14 from the previous week. WTI Midland average for the week is $59.33, down 3.5% from 61.48. Texas dropped 8 rigs . . .
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Democratic Colorado Governor Jared Polis declared an end to "oil and gas wars" in the state after he signed legislation giving local governments more control over future . . . .
Years of under investment in the oil sector from lower oil prices than were seen in 2011-early 2014 period are beginning to take their toll on the international oil patch and . . .
For decades, higher production from oil companies was what the market wanted and rewarded. But now with lower production costs and abundant production a new . . .
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