OKLAHOMA CITY (AP) — An incentive for a 1 percent tax rate for horizontally drilled oil and gas wells would be increased to 2 percent and extended to all wells drilled in Oklahoma under a bill drafted ...

Drilling for oil has been going on in the US for over 150 years. Across the country we have bored millions of holes in the ground to pump the liquid gold that has fueled the country's energy appetite.

WATFORD CITY – An oil company is proposing to drill five new oil and gas wells on federal land in McKenzie County in western North Dakota.. There has been little to no drilling in past months on the U ...

The proposal would allow oil companies to drill new wells, but also require them to abandon and cap existing wells. California Gov. Gavin Newsom’s office is circulating draft bill language that would ...

The total includes 607 to drill new oil or gas wells, six to re-enter plugged wellbores, and 53 for re-completions, the RRC said. Image by zhengzaishuru via iStock In a statement posted on the Texas ...