Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
Colorado’s Damaging Setbacks: Six Weeks Will Tell the Tale

Colorado’s Damaging Setbacks: Six...

Upcoming TV debate showcases thinking...

Oil & Gas: Two Frac Sand Producers Idle Wisconsin Plants – What’s Going On?

Oil & Gas: Two Frac Sand Produ...

Proppant plant slowdown announcements...

If Colorado Voters Pass the 2,500-Foot Setback, ‘Governor Polis’ Will Let It Stand

If Colorado Voters Pass the 2,500-F...

Colorado Democratic party platform officially...

Oil Company Reducing Footprint of Downtown Denver HQ in Move Across Street

Oil Company Reducing Footprint of D...

New space will deliver flexibility, energy company...

360 Profiles

Featured 360 Articles

  • Range Resources Sells Washington County Overriding Royalty for $300 Million

    Range Resources Sells Washington County Overriding Royalty for $300 Million

    October 15, 2018

    Range Resources (ticker: RRC) today has signed and closed on an agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million. Range’s Washington County properties encompass approximately 300,000 net surface acres that produced 1.7 Bcfe net per day in the second quarter of 2018.  The overriding royalty applies to existing[Read More…]

  • New Report Out Today: Colorado Economy is Outperforming Most of the Country

    New Report Out Today: Colorado Economy is Outperforming Most of the Country

    October 15, 2018

    But will the good Colorado economy flip in 2019-2021 if voters ban drilling by voting in Prop 112? In what may turn out to be a bit of economic irony, Colorado Secretary of State Wayne Williams released a report today reporting that “Colorado’s economy is among the best in the country.” Personal income, wages, GDP, job creation and entity filings[Read More…]

  • OPEC Production Up on Saudi, Libyan Surges

    OPEC Production Up on Saudi, Libyan Surges

    October 15, 2018

    Total output up 132 MBOPD, Saudi pumping at highest rate since 2016 OPEC has released its Monthly Oil Market Report, outlining the cartel’s assessment of the state of the international oil industry. OPEC produced a total of 32,761 MBOPD in September, representing a moderate increase in overall production compared to last month. Cartel production grew by a net 132 MBOPD,[Read More…]

  • Aker BP Acquires an Offshore Discovery for $250 Million

    Aker BP Acquires an Offshore Discovery for $250 Million

    October 15, 2018

    Aker BP (ticker: ARC) has entered into an agreement with Equinor Energy (ticker: EQNR) to acquire its 77.8 percent interest in the King Lear gas/condensate discovery in the Norwegian North Sea for a cash consideration of USD 250 million. CEO of Aker BP, Karl Johnny Hersvik said, “The King Lear discovery is one of the largest undeveloped discoveries on the Norwegian[Read More…]

  • Rig Count Jumps to Four-Year High

    Rig Count Jumps to Four-Year High

    October 12, 2018

    1,063 rigs is highest level since March 2015 Drilling activity increased relatively rapidly this week, according to the latest edition of Baker Hughes’ Weekly Rig Count. A net 11 rigs came online this week, the largest single-week increase since early August. There are a total of 1,063 rigs running in the U.S., the highest since March 2015. This also marks[Read More…]

  • Source: HESS

    NatGas Inventories Lowest Since 2005: EIA

    October 12, 2018

    The annual gas inventory build is well behind schedule, as stocks are currently significantly outside the five year average. There are currently 2,956 Bcf of natural gas in storage in the U.S., according to EIA data released yesterday. This is: 17.5% below the 3,583 Bcf that was in storage at this point last year, and 17.0% below the five-year average[Read More…]

  • Fed 10th District Survey Pegs Region’s Breakevens between $35 and $85 per Barrel

    Fed 10th District Survey Pegs Region’s Breakevens between $35 and $85 per Barrel

    October 12, 2018

    The Federal Reserve Bank of Kansas City manages the central bank’s 10th District. The bank ran its third quarter survey from September 14, 2018 to September 28, 2018 and included 30 responses from firms located in its district, which includes: Colorado Kansas Nebraska Oklahoma Wyoming northern New Mexico western Missouri Federal Reserve District 10 Energy activity accelerated in Q3 Growth[Read More…]

  • TGS, Schlumberger Prepare New GOM Project

    TGS, Schlumberger Prepare New GOM Project

    October 12, 2018

    TGS and Schlumberger are launching a new multiclient nodal seismic project in the U.S. Gulf of Mexico. The project, named “Amendment,” will comprise acquisition of a 2,350-km2 multiclient seismic survey in the Mississippi Canyon and Atwater Valley protraction areas of the U.S. Gulf of Mexico. This prolific area includes open acreage, existing producing assets and new discoveries. Seismic data will be[Read More…]

  • If Colorado Voters Pass the 2,500-Foot Setback, ‘Governor Polis’ Will Let It Stand

    If Colorado Voters Pass the 2,500-Foot Setback, ‘Governor Polis’ Will Let It Stand

    October 11, 2018

    Colorado Democratic party platform officially endorses both the 2,500-foot statewide drilling setback and the Martinez ruling for Colorado oil and gas permitting Candidate Polis seeks 100% renewable energy for Colorado, no fossil fuels Stapleton: ‘I would pursue every redress possible for that job-killing measure’ In the 2018 election season’s first gubernatorial debate, hosted by Denver TV station CBS4 on October 5th,[Read More…]

  • Murphy Oil Creates New Cash Flow Engine for a Bargain Price

    Murphy Oil Creates New Cash Flow Engine for a Bargain Price

    October 11, 2018

    Murphy-Petrobras JV produces 75 MBOEPD from GOM, opens a lot of doors for Murphy Murphy Oil (ticker: MUR) announced a major deal today, forming an offshore JV with Petrobras (ticker: PBR) that promises to transform the company. Murphy and Petrobras will combine much of their offshore GOM assets into a new joint venture company, which will be owned 80% by[Read More…]


  |   What is Brand Amp?
View All

E&P

Range Resources Sells Washington County Overriding Royalty for $300 Million

Range Resources Sells Washington County Overriding Royalty for $300 Million

October 15, 2018 — Comments are Disabled

Range Resources (ticker: RRC) today has signed and closed on an agreement to sell a proportionately reduced 1% overriding royalty in its Washington County, Pennsylvania leases for gross proceeds of $300 million. Range’s Washington County properties encompass approximately 300,000 net surface acres that produced 1.7 Bcfe net per day in the second quarter of 2018.  The overriding royalty applies to existing[Read More…]

Canada

China Swoops in on Canadian Oil That’s $50 Below U.S. Crude

China Swoops in on Canadian Oil That’s $50 Below U.S. Crude

October 12, 2018 — Comments are Disabled

From Bloomberg Chinese oil buyers are making a beeline for a bargain across the Pacific. With Canadian oil over 60 percent cheaper than U.S. benchmark West Texas Intermediate and global marker Brent, China’s refiners are being lured to the heavy, sludgy crude. That’s because — apart from being a source of fuel — it’s rich in bitumen, a black residue[Read More…]

Master Limited Partnership (MLP)

EnerCom’s Midstream and MLP Scorecard – October 15 2018

EnerCom’s Midstream and MLP Scorecard – October 15 2018

October 15, 2018 — Comments are Disabled

EnerCom’s Midstream and MLP Scorecard is our weekly distribution of information emerging from the oil and gas midstream world. This week’s Scorecard report delivers 33 comparative metrics on 60 midstream companies. All of the companies in the list have traded publicly for at least four quarters. Market capitalization ranges from under $10 million to more than $50 billion.   (Click[Read More…]