Rare Petro
Oil & Gas Publishers Note: This is an outstanding case study from Kevin Olson at Rare Petro. He does a great job covering the global oil demand inflection points.
Abstract
The dual black swan events of 2020 have …
Michael Tanner hosts the 360 Digital Closing Bell - out every day in your e-mail. This was a great week with interesting news and great interviews! This is the best 5 min summary for the energy finance news.
Remember
MILAN – Italian energy group Eni lowered its forecast for production and investments on Friday and braced for “a complicated 2020” as the coronavirus crisis destroys oil and gas demand and hammers prices.
Across the industry, producers are being …
Oil & Gas 360 Feed Wire
Reuters Events Release Executive Attendee List for Flagship Decommissioning and Abandonment Summit
HOUSTON, February 17, 2020 – DecomWorld – part of Reuters Events- today released a sample delegate list of 150 E&P attendees confirmed …
EnQuest has submitted plans to decommission a North Sea development and its production vessel less than five years after achieving first oil.
The UK-listed operator started up the Alma-Galia fields in October 2015 as tie-backs to the EnQuest Producer …
Tumbleweed Midstream
CHEYENNE WELLS, Colo. – January 8, 2020 – Tumbleweed Midstream, LLC (“Tumbleweed”) today announced it has acquired the Ladder Creek Helium Plant and Gathering System from DCP Midstream, LP (NYSE: DCP). The plant is located just west of …
GeoPark
|
Oil prices have been beaten down enough.
“Notorious” is an accurate descriptor of the oil and gas industry. When
s
s
s
s
s
ss
s
s
s
s
s
s
s
s
s
s
…erhatgaer
…
The month of September was one for the record books for Magnum Hunter Resources (ticker: MHR). The Marcellus/Utica E&P reported initial production of 46.5 MMcf on its Stewart Winland 1300U well – the highest flow rate of any well to …
Surprise: The EIA predicts more coal will be used to generate electricity this year than in 2013. But they believe coal’s downtrend will resume in 2015. In 2013, 39.1% of U.S. power was generated by burning coal. In 2014 that …
Downtime is one of the main efficiency killers in today’s oil and gas business, a business that has utilized faster drilling times and improved …
With WTI crude oil trading between $83.59 and $86.29 per barrel on Friday, questions about a bear market for commodity prices linger. This morning, Oil & Gas 360® talked to the Baird energy research team about ramifications from this week’s …
WPX Energy (ticker: WPX), an oil and gas company specializing in exploiting unconventional regions, presented a five-year plan on October 9, 2014. In a conference call addressing the announcement, Rick Muncrief, Chief Executive Officer of WPX, identified three company …
Gary Evans, Chairman and Chief Executive Officer of Magnum Hunter Resources (NYSE: MHR), discusses plans to become a pure-play Marcellus/Utica company and the effect of commodity prices.
…
Dawson Geophysical (ticker: DWSN), a leading provider of U.S. onshore seismic data acquisition services, announced a proposed merger with TGC Industries (ticker: TGE) on October 9, 2014. TGC is also involved in the seismic field and has operations in Canada …
E&Ps and OilService companies are watching closely to see where oil ends up after a week-long price slide that has dragged down shares of oil and gas companies along with it. With OPEC output rising in recent months and both …
John Simon, Chief Executive Officer of Bennu Oil & Gas, discusses the company’s Gulf of Mexico assets and the potential of an initial public offering.
…
Commodities prices are becoming top-of-mind around the globe. November contract West Texas Intermediate crude closed today at $87.34. Brent closed at $91.74, according to Bloomberg. Earlier in the day Oil & Gas 360® spoke to Jason Wangler, Wunderlich …
Overall, 29% of all rigs in the United States are running in the Permian
Infrastructure constraints. Spot prices trading at a considerable discount to Cushing. Questions about the longevity of the oil boom.
E&Ps hear all the concerns in the …
Intervale Capital CEO Charles Cherrington appeared on Fox Business News’ Opening Bell with Maria Bartiromo to discuss the U.S. crude oil export ban, the global crude oil market, and why his company heavily invests in the OilService market.
Important disclosures:…
Middle East and North Africa also on the Block
Multiple divestitures appear to be coming for Occidental Petroleum (ticker: OXY), the $75 billion (market cap) diversified oil company.
In June the company filed a Registration Statement with the SEC to …
The stock market posted its second straight day of sizable losses on Tuesday, and the oil market was not spared from the bullish trading. West Texas Intermediate (WTI) for November delivery closed at $88.85, a 17-month low, on October 7, …
Muskeg wells increase quarter-over-quarter production by almost 1,000 BOEPD
At EnerCom’s The Oil & Gas Conference® 19 in August, management of Strategic Oil & Gas expressed optimism about near-term catalysts for the company.
“The last two years I’ve been here, …
Jeff Ventura, president and CEO of Range Resources (NYSE: RRC) discusses his company’s 10 years of operations in the Marcellus shale play, and he discusses the Marcellus shale being responsible for 240,000 jobs in the state of Pennsylvania, moving the …
Bakken/Three Forks Producer Exceeds Production Guidance for Q3 by 40%
American Eagle Energy (ticker: AMZG) found a way to navigate around some backwash from last spring/early summer’s closed county roads in Divide County, North Dakota. At that time the company …
Some states have hit the jackpot with massive hydrocarbon deposits. Independent oil and gas companies have turned fossil fuels in Texas, North Dakota and Pennsylvania into economic development powerhouses. These states are among the fastest growing in the country due …
Ben Hulburt, Chairman, President and Chief Executive Officer of Eclipse Resources (NYSE: ECR), discusses operations in the Utica and funding for its three year drilling program.
…
Brent Eshleman, Executive Vice President and Chief Operating Officer of Bellatrix Exploration (TSX: BXE), discusses the company’s production increases and its knowledge of the Cardium play in Canada.
…
GEOPARK ANNOUNCES FOURTH QUARTER 2019 OPERATIONAL UPDATE