Oil and Gas 360 Articles

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

At What Point Will Renewable Energy be Able to Replace Fossil Fuels?

Renewable Energy vs. Fossil Fuels:  Sprint or Cross Country?

Last week Tesla Motors’ (ticker: TSLA) innovation-infused CEO Elon Musk unveiled the latest offering from the all-electric auto maker: a new home battery. This battery is an enlarged version of the …

May 8, 2015 - 3:29 pm Oil and Gas 360 Articles, Popular, Regulatory
British Pound Up on News of Cameron Reelection

British Pound Up on News of Cameron Reelection

Markets saw Britain’s Conservative Party victory as a positive

Prime Minister David Cameron won reelection in Great Britain today, leading the Conservative Party to a majority in the Parliament. News that the Conservatives won 331 of the 650 seats was …

May 8, 2015 - 2:39 pm International, Oil and Gas 360 Articles
Labor Markets Add Over 200,000 Jobs in April

Labor Markets Add Over 200,000 Jobs in April

New information from the BLS shows unemployment down 0.1% from last month

The Bureau of Labor Statistics showed unemployment down to 5.4% for the month of April, further decreasing the number of unemployed adults in the workforce. The labor markets …

May 8, 2015 - 12:05 pm Oil and Gas 360 Articles
Source: aim.org

Proposed IRS Ruling on MLPs: Disagreement on What it Means

The IRS issued a proposed rule on the scope of qualifying income for MLPs

In April of 2014, the IRS put a temporary pause on private letter rulings (PLRs) regarding what business qualified for tax-free inclusion in energy master limited …

May 8, 2015 - 11:24 am MLPs, Oil and Gas 360 Articles, Regulatory
Unit Corporation’s SOHOT Play Living Up to Its Name

Unit Corporation’s SOHOT Play Living Up to Its Name

Unit Corporation (ticker: UNT) is one of the more diversified companies in the oil and gas industry, with segments focused on upstream, midstream and drilling operations. Unit has been in business since 1953 and 2015 is shaping up to be …

Fed’s Yellen Sees Valuations as “Quite High”

Fed’s Yellen Sees Valuations as “Quite High”

Stocks down as Yellen warns valuations are over historical averages

Federal Reserve Chair Janet Yellen  warned that stock valuations are “generally quite high,” and that “there are potential dangers” in a discussion yesterday with International Monetary Fund Managing Director Christine …

Natural Gas Roundup for the Week Ended May 1, 2015

Natural Gas Roundup for the Week Ended May 1, 2015

NATURAL GAS INVENTORY (Week Ended 5/1/15)roundup2

Current: 1,786 Bcf

Actual Injection/(Withdrawal) per EIA: 76 Bcf

Economist Average Estimate per Bloomberg: 74 Bcf

Previous: 1,710 Bcf

Click here for the chart with five year averages.

Click here for an archive of

May 7, 2015 - 11:01 am Oil and Gas 360 Articles
Alberta Election Results Roil Canada’s Energy Sector

Alberta Election Results Roil Canada’s Energy Sector

NDP’s historic win puts an end to four decades of PC majority in Alberta, uncertainty spooks energy stocks

The New Democrat Party (NDP) will take control in Alberta, raising concerns in the local energy sector about the future business environment.…

MLP First Quarter 2015 Earnings

MLP First Quarter 2015 Earnings

MLP earnings for the three months ended March 31, 2015.

May 15, 2015

May 14, 2015

May 11, 2015

May 6, 2015 - 4:00 pm MLPs, Oil and Gas 360 Articles
Crude Prices Trending Back Up, but for How Long?

Crude Prices Trending Back Up, but for How Long?

After 17 straight weeks of builds, Cushing sees a draw on crude inventories

Global oversupply has prompted companies to sell production volumes on the future strip prices, pushing their production into storage hubs like Cushing, Oklahoma. Since the beginning of …

May 6, 2015 - 3:11 pm Commodity Pricing, Oil and Gas 360 Articles, Popular
Chesapeake Energy, Devon Unveil Type Curves for Powder River Basin

Chesapeake Energy, Devon Unveil Type Curves for Powder River Basin

New Designs Deliver Big Results

The Powder River Basin of Wyoming has traditionally been exploited for its coal resources and coalbed methane gas opportunities. Increased knowledge and improved execution from the oil and gas industry has changed that perception.

The …

Crude Oil Cuttings for the Week Ended May 1, 2015

Crude Oil Cuttings for the Week Ended May 1, 2015

crude_oil_cuttingsCRUDE OIL INVENTORY/’000 bbls (Week Ended 5/1/15)

Current: 487,030

Actual Build/(Withdrawal): (3,882)

Economist Average Estimate: 1,067

Previous: 490,912

Click here for the chart with five year averages.

Click here for an archive of EnerCom’s Inventory Reports.


Important disclosures: The …

May 6, 2015 - 12:03 pm Oil and Gas 360 Articles
PetroQuest Energy, Backed by Thunder Bayou, Prepares for Record Second Quarter

PetroQuest Energy, Backed by Thunder Bayou, Prepares for Record Second Quarter

PetroQuest Energy (ticker: PQ), a micro-cap E&P headquartered in Lafayette, Louisiana, projects volumes to reach record highs of 125 to 131 MMcfe/d (76% gas) in Q2’15, the company said in its Q1’15 earnings release. Charlie Goodson, Chief Executive Officer …

Oil Prices Break $60

Oil Prices Break $60

WTI continues climb

West Texas Intermediate’s slow climb from lows of $43.46 in March reached a 2015 milestone today. The U.S. crude benchmark gained more than 3% on May 5, taking WTI over the $60 per barrel mark for the …

May 5, 2015 - 6:30 pm Oil and Gas 360 Articles
Bill Proposes New Fee on Railcars

Bill Proposes New Fee on Railcars

U.S. legislators aim to phase out old railcars

Crude by rail has made headlines for all the wrong reasons in recent months.

Derailments and safety issues regarding older railcars has made for plenty of fear-inducing news articles for cities and …

Enterprise Products Partners Adheres to Distribution Increase in Q1’15

Enterprise Products Partners Adheres to Distribution Increase in Q1’15

Enterprise Products Partners announces strong Q1 on petrochemicals and refined products

Enterprise Products Partners (ticker: EPD) reported its first quarter 2015 earnings and increased its distribution for the 51st time since its initial public offering, backed by strong performances …

May 5, 2015 - 11:36 am Earnings, MLPs, Oil and Gas 360 Articles
EIA: Expect Natural Gas to Carve Out a Greater Market Share

EIA: Expect Natural Gas to Carve Out a Greater Market Share

Natural gas continues to grow

EIA Electricity Generation by 2040

The Energy Information Administration (EIA) expects natural gas to account for 31% of electricity generation by fuel type by 2040. In the EIA’s Annual Energy Outlook (AEO) 2015, the administration predicts that the percentage …

May 4, 2015 - 7:00 pm Chart of Week, Oil and Gas 360 Articles
Source: Rosneft

Shell Prepares to Go Back to the Arctic

Shell exec has eyes set to the North

Royal Dutch Shell (ticker: RDSA) is preparing to return to the Arctic and begin exploring for the first time since 2012, according to Chief Financial

Officer Simon Henry. Henry said the oil …

TransCanada Snapshot: $2.9 Billion Revenue in Q1’15, Net Income of $387 Million

TransCanada Snapshot: $2.9 Billion Revenue in Q1’15, Net Income of $387 Million

Company Has $38 Billion in Future Projects  

TransCanada Corporation (ticker: TRP) reported net income of $387 million, or $0.55 per share, on revenues of $2,874 million in its Q1’15 earnings release issued on May 1, 2015. Compared to Q1’14, revenue …

Oil Sands in Utah: Water Not Required

Oil Sands in Utah: Water Not Required

Taking a Closer Look at American Sands Energy’s Utah Oil Sands Project

Since the shale revolution ramped up, much of U.S. oil production has been light, sweet crude, which presents interesting challenges for operators sending their product to a refinery …

Which Are the Top 10 MLPs?

Which Are the Top 10 MLPs?

Scrutinizing the Top Performing MLPs for Current Yield, Dividend Growth and Total Return

Investment in MLPs gives investors a means of acquiring a substantial yield from their investment in a realm of trading that is largely targeted to the retail …

May 1, 2015 - 7:05 pm Midstream, MLPs, Oil and Gas 360 Articles
That Spare $6,000 in Your Pocket Could Buy You a Used Mud Pump or Tickets to Mayweather v. Pacquiao

That Spare $6,000 in Your Pocket Could Buy You a Used Mud Pump or Tickets to Mayweather v. Pacquiao

Fighters’ Projected Shared Revenue from Tomorrow’s Bout Could Fetch 24,000 Net Acres in the Utica

The eve of the most anticipated fight of this generation has arrived.

The Las Vegas strip likely carries an unprecedented buzz of excitement and anticipation …

May 1, 2015 - 6:33 pm Finance, Oil and Gas 360 Articles
Dana Gas Iraq Operations

Saudi Aramco Transforming Alongside the Kingdom

Shakeup at the world’s largest oil exporter

Saudi King Salman earlier this week changed the line of royal succession in the Kingdom, leaving the Saudi throne with a new generation after his passing. The shifts in power did not …

May 1, 2015 - 6:09 pm International, Oil and Gas 360 Articles, OPEC
Rig Counts Nearly Touch 900

Rig Counts Nearly Touch 900

Baker Hughes rig count for the week ended May 1, 2015

The Baker Hughes (ticker: BHI) rig count for the week ended May 1, 2015, shows another decline in the number of rigs actively drilling for oil and gas in …

OPEC: Too Close to Call - Oil & Gas 360

OPEC Production Highest Since 2012

Iraq and Nigeria pushed OPEC production higher in April

OPEC supply rose to 31.04 MMBOPD in April, the highest in more than two years, according to a Reuters survey. The increase puts the cartel’s production even further above demand …

May 1, 2015 - 5:34 pm International, Oil and Gas 360 Articles, OPEC
Lonestar Resources Demonstrates Eagle Ford Shale Profitability in Q1’15 Results

Lonestar Resources Demonstrates Eagle Ford Shale Profitability in Q1’15 Results

Growing production and higher EBITDAX despite low commodity prices

Commodity prices have put tremendous strain on the entire oil and gas industries, with companies cutting capital expenditures by 35% on average, EIA EF Oil Productionbased on analysis done by EnerCom Inc. Despite the …

Drill Rig in Alaska - Oil & Gas 360

At $51 Billion, Alaska’s Hydrocarbons Fuel the Country’s Largest Trust Fund: EIA

State’s Permanent Fund Pays Annual Cash Dividend to All Residents

The 49th state has its perks. All Alaskans get an annual dividend check from the state. In 2014 their checks were $16 shy of $1,900 per resident.

Residents can thank …

Whiting Petroleum Armed with Improving Costs, Reliable Funding to Weather Downturn

Whiting Petroleum Armed with Improving Costs, Reliable Funding to Weather Downturn

Reports Top IP Rates from Two Williston Wells

Whiting Petroleum (ticker: WLL), the largest producer and acreage holder in the Williston Basin, reported decreasing well costs and increasing production volumes in its Q1’15 earnings release issued on April 29, 2015. …

PRIX Index Forecasts Political Risk for Oil Exports

PRIX Index Forecasts Political Risk for Oil Exports

New index could help predict political impacts on the international flow of oil

Oil, like certain other minerals, is one of the most highly politicized commodities traded across the globe. When analysts try to predict what countries will be increasing …

LINN: Production Growth, Smaller CapEx

LINN: Production Growth, Smaller CapEx

LINN Energy reported Q1’15 results, increased production

LINN Energy (ticker: LINE) reported its first quarter results today, growing production despite a 65% decrease in 2015 capex compared to 2014. The company’s production increased by 2% to approximately 1,201 MMcfe/d, according

April 30, 2015 - 5:33 pm MLPs, Oil and Gas 360 Articles