Post Tagged with: "Commodity pricing"

Finding Costs Drop to 10-Year Low

Finding Costs Drop to 10-Year Low

By Tyler Losier, Energy Reporter, Oil & Gas 360

Top 116 E&Ps’ resource bases at 10-year high
Last year, the 116 largest public exploration and production companies in the world reported adding more hydrocarbons to their resource base than in

Oil Prices Climb 5% on Surprise Inventory Draw

Oil Prices Climb 5% on Surprise Inventory Draw

Inventories fall 4.9 MMBO

Oil prices surged today following news from the Department of Energy that U.S. inventories declined this week following 7 consecutive weeks of record setting builds. U.S. crude oil inventories declined 4.9 MMBO this week to 529.9 …

Chart of the Week: Rig Counts and Commodity Prices

Chart of the Week: Rig Counts and Commodity Prices

COtW Oil Rigs and Prices

COtW Gas Rig Counts and Prices

In this week’s Oil & Gas 360®’s chart of the week, we compare the number of oil and gas rigs during the 2008 economic downturn and today’s low commodity environment. The price used for WTI is the annual average of …