Saturday, August 8, 2026

Crestone Peak Winding Its Way through Colorado CDP Process in Preparation to Drill Assets on Boulder County Side of the Wattenberg

Second draft of Comprehensive Drilling Plan for Boulder County is posted for comment The second draft of the Crestone Peak Comprehensive Drilling Plan for its Boulder County assets has been reviewed by the Colorado Oil & Gas Conservation Commission (COGCC) and the commission posted the second draft (preliminary) Monday on its website. Crestone Peak’s objective is to develop its oil

Finding Costs Drop to 10-Year Low - Oil & Gas 360

ETFs Hold a Growing Share of Crude Futures, But Effect on Price Unclear

Money managers hold 31% of long positions Exchange-traded funds (ETFs) are playing a growing role in oil futures markets, according to a recent release from the EIA. ETFs can allow smaller investors access to the oil futures market, if indirectly. Funds can buy and sell oil futures to hold as underlying assets, and will issue shares for investors to purchase.

Chinese Demand is Shrinking Global LNG Glut

$240 billion in Australian LNG projects The LNG glut that has plagued the industry in recent years may clear more quickly than anticipated, based on recent estimates. Numerous massive LNG projects have come online recently, from several countries. Chief among these is Australia, where six multibillion projects have started up in the past five years. With another two planned for