As the next U.S. Gulf of Mexico lease sale nears, analysts believe there could be a slight increase in bidding activity.
One Bcf of gas is enough to fuel about 5 million U.S. homes for a day.
Brent crude futures were up 19 cents at $72.47 barrel by 8:15 CST, after having lost more than 3% on Aug. 8. U.S. crude futures rose 6 cents to $67.00 a barrel, having closed down 3.2% the day before.
Analysts still question possible risks associated with BP’s agreement to acquire most of BHP’s prized U.S. shale assets despite the deal being considered transformational for the British oil major.
Mark Rothenberg discusses why he thinks some in the industry have a negative view of the play.
Alternative lending sources are needed to fill the gap left by an RBL market in transition and capital-hungry shale producers, says Mark Green, president of Madava Financial.
Love makes the world go ‘round but firm transportation makes production flow.
The change in investor sentiment has in turn altered how private-equity sponsors and portfolio companies exit.
U.S. tariffs on steel are biting midstream companies working to open up Permian infrastructure for E&Ps, while China’s retaliatory tariffs may cut off a lucrative export market.
As operators in the Permian Basin push the envelope on lateral lengths and completion intensity, sand rises as both a star player and potential bottleneck.