Aging fields and volatile markets make drilling a tough sell, even with a path cleared for permitting.

The MarketWatch News Department was not involved in the creation of this content. LOS ANGELES, Feb. 5, 2026 /PRNewswire/ -- Last year, permit approvals for drilling new wells continued falling, but in ...

Even as the war in Iran drives oil prices to $100 per barrel, U.S. oil companies are unlikely to increase their domestic production.

A federal judge threw out approval for Wyoming’s massive 5,000-well Converse County Oil and Gas Project over environmental flaws. But drilling ...

Decades-old oil drilling may still be impacting rivers and streams today, with researchers finding biodiversity declines tied to wells.

California-based startup Deep Fission, which aims to place small modular reactors in boreholes a mile underground, has begun ...

While oil producers and refineries are closing their doors and leaving California, Patrick McDonald, CEO of Carbon Energy ...

As the "Big Seven" oil plants in Saudi Arabia, Iran, and Qatar burn, experts deploy 6 high-tech firefighting methods. Can the ...

Montana’s first oil well was drilled in what is now Glacier National Park near the head of Kintla Lake back in 1901. One hundred and twenty-five years later, Glacier will have the well plugged.

As the United States continues to lead global oil and gas production—accounting for roughly 20% of worldwide output in 2024—understanding how different extraction methods affect ecosystems has never ...

LOS ANGELES, Feb. 5, 2026 /PRNewswire/ -- Last year, permit approvals for drilling new wells continued falling, but in the first three weeks of January alone, California oil regulators issued more new ...