In a step towards fulfilling the Five-Year National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, U.S. Secretary of the Interior Ryan Zinke made known on July 13th the availability of 75.9 million acres in the Gulf of …
CorEnergy Infrastructure Trust, Inc. (ticker: CORR) holds the unique position of being the first publicly listed Real Estate Investment Trust that has a focus specifically in energy infrastructure. The company owns midstream and downstream assets, including pipelines, storage terminals, and …
“This is a truly amazing moment in the energy sector…” – Secs. Perry, Zinke and Pruitt
At an event on Thursday, June 29, 2017, in order to help kick off what the Trump Administration has dubbed “Energy Week,” …
In an announcement on June 22, 2017, BOEM reiterated that Secretary’s Order 3350, issued on May 1, 2017, directed BOEM to “promptly complete a review of Notice to Lessees …
Denbury Resources Inc’s (ticker: DNR) producing acreage is spread across seven states in both the Rocky Mountain and Gulf Coast regions, with an estimated 254.5 MMBOE of proved reserves, as of December 31st, 2016.
Denbury’s primary operational trait …
Between its East Texas and Gulf of Mexico assets, PetroQuest (ticker: PQ) produced 5.225 Bcfe during Q1, 2017 at an average rate of approximately 58 Mmcfe per day. The company’s 2016 reserves value was reported at approximately 115 Bcfe, 72% …
The U.S. Department of Energy approved a long-term application to export liquefied natural gas (LNG) from the U.S.’s first offshore project, Delfin LNG, LLC. Exports in the amount of 1.8 billion cubic feet per …
Energy XXI Gulf Coast, Inc. (ticker: EXXI), the post-bankruptcy incarnation of Gulf of Mexico operator Energy XXI, reported operational and financial results for the first quarter of 2017.
Energy XXI Gulf Coast, Inc. (ticker: EXXI) has appointed Douglas E. Brooks as its CEO and president, effective April 17, 2017, the company announced in a news release. The Energy XXI Gulf Coast Board of Directors concurrently increased the …
Two days after President Obama used his pen to indefinitely ban most of the Arctic and …
Mexico’s deepwater Gulf of Mexico oil and gas auction, Round 1.4, resulted in eight of the 10 deepwater blocks in the Gulf being awarded to bidders outside of Mexico—a first for a country that has …
As Mexico continues the privatization of its oil and gas sector, state-run PEMEX is seeking international oil majors to help develop the country’s more technically challenging …
New, much more stringent …
In July an agency under the executive branch of the U.S. government delivered what might be a killshot for a portion of the leaseholders and operators working to extract oil and natural gas …
In July an agency under the executive branch of the U.S. government delivered what might be a killshot for a portion of the leaseholders and operators working to …
In exchange for $425 million in cash, Royal Dutch Shell (ticker: RDS) has sold off the company’s stake in assets held in the Gulf of Mexico, the transaction is expected to close in October. The sale agreement bodes well for …
Contango Oil & Gas Company presents at EnerCom’s The Oil & Gas Conference®
During Contango’s breakout session, management was asked the following questions:
Royal Dutch Shell (ticker: RDSA) announced the discovery in the Mississippi Canyon Block 566, 73 …
MCF will present at EnerCom’s The Oil & Gas Conference® on Mon. Aug. 15, 2016
Contango Oil & Gas Company (ticker: MCF) is an exploration and production company headquartered in Houston, TX, with operations in the Gulf of Mexico, onshore …
Oil prices have continued to move upward in recent weeks, and that has spurred the talk of rig counts possibly increasing and production coming back online. As oil prices flirt with the $50 mark, this may become a reality to …
Mining giant Freeport-McMoRan (ticker: FCX) is known internationally as the world’s largest copper miner—one that would be happy right now if it can sell its …
The Obama administration will issue new regulations for offshore oil and gas operators this Thursday. The regulations will require more preventative measures to …
A federal judge has granted final approval of BP’s settlement over claims related to the 2010 Deepwater Horizon oil spill in the Gulf of Mexico for $20.8 billion. The Deepwater Horizon rig explosion killed eleven workers and millions of gallons …
Production from the Gulf of Mexico is expected to continue growing, despite the current price environment. With eight projects that came online in 2015, four expected in …
The Chukchi Sea’s 29 billion barrels (U.S. Bureau of Ocean Energy Management’s estimate of BOE) will have to wait for better times.
The U.S. Department of Interior announced …
With official hurricane season two-thirds over, Americans on the east coast are on watch today as Hurricane Joaquin brushes close to the seaboard after pounding the Bahamas.…
The number of active offshore rigs in the Gulf of Mexico (GOM) has been steadily declining since 2000, according to a release from the Energy Information Administration (EIA). Over the past …
W&T Offshore (ticker: WTI), a Houston-based exploration and production company, has increased its focus on assets… offshore. On September 1, 2015, WTI divested the majority of its position in …
Mexico offered its first auction for oil and gas rights in 77 years today.
It presented a total of 14 blocks in the shallow Gulf of Mexico. A handful of bids were received but …
BP (ticker: BP) will pay $18.7 billion in settlements to the U.S. and the five states along the Gulf of Mexico to resolve the Deepwater …
