costs

Analysis: U.S. crude oil exports reduce costs for Americans

July 27, 2022

World Oil WASHINGTON – The American Petroleum Institute (API) and the American Exploration and Production Council (AXPC) today released new analysis demonstrating the significant and growing economic benefits of America’s abundant crude oil resources for both domestic use and global export. The study, conducted by ICF, analyzed the six-year period since a bipartisan Congressional majority lifted a ban on exporting U.S. crude

WPX Energy: Daily Production 76% Higher than Year Ago

May 3, 2018

WPX Energy, Inc. (ticker: WPX) reported a net loss of $119 million, or $(0.30) per common share for the first quarter of 2018. Production for the quarter reached 102.7 MBOEPD, a 6% sequential increase over Q4 2017 and 76% higher than Q1 2017. WPX had oil volumes of 65,800 BOPD. WPX completed 36 gross operated wells (34 net) in its

Billion-Dollar PennEast Pipeline Approved by FERC

January 22, 2018

Severe temperatures and extreme prices push FERC toward pipeline approval; will bring Marcellus gas to Pa., NJ customers According to PennEast Pipeline Company LLC, the Federal Energy Regulatory Commission (FERC) recognized the need for and the public benefit of the PennEast pipeline and issued an order on January 19, 2018, under section 7(c) of the Natural Gas Act – approving

Does Increase in Oil Service Activity Indicate an Uptick?

June 28, 2016

Oil prices have been on the rise over the course of the last several months, and for the first time in a long time, rig count has been moving up instead of down. With the price reaching $50 a barrel, the expectation is that oil and gas producers will likely stand rigs back up and put frac crews back to

Analysis: U.S. crude oil exports reduce costs for Americans

WPX Energy: Daily Production 76% Higher than Year Ago

Billion-Dollar PennEast Pipeline Approved by FERC

Does Increase in Oil Service Activity Indicate an Uptick?

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