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Friday, September 12, 2025

December 2018

World’s Daily Crude Oil Production Up to 75.8 Million Barrels in 2018 while OPEC Output Dips Oil & Gas 360

OPEC Reports Production Fell in November as Iran Sanctions Bit

December 12, 2018

Iranian output down 380 MBOPD OPEC has released its Monthly Oil Market Report, outlining the cartel’s assessment of the state of the international oil industry. OPEC production fell slightly in November, dropping by 11 MBOPD to 32,965 MBOPD. Saudi, Kuwait, UAE add 493 MBOPD Most of the regions that increased production did so to balance out U.S. sanctions on Iran,

Setback Change is Winding its Way through the Colorado Oil & Gas Rulemaking Process

December 12, 2018

Final draft of proposed rulemaking: new setback specifically addresses schools It’s been a little more than a month since a citizen-led proposal called Proposition 112 would have imposed a blanket 2,500-foot setback on just about all new oil and gas development on private and state land throughout Colorado. If the measure had passed, new drilling permits would have come to

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