Industry news

Texas Oil and Gas Production Statistics for April 2019

Recent Industry News

https://www.ktvz.com/news/national-world/oil-prices-sink-on-signs-of-easing-iran-tensions/1096087634

Best,

Buddy Cotten

Buddy Cotten

https://economictimes.indiatimes.com/markets/commodities/news/oil-down-for-a-second-day-as-us-gulf-of-mexico-output-returns/articleshow/70237735.cms

Buddy Cotten

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Keep 'em coming Buddy!

Kimmeridge Minerals & Desert Royalty Announce Strategic Combination

Another Alliance

https://finance.yahoo.com/news/kimmeridge-minerals-desert-royalty-announce-110000995.html

Buddy Cotten

3.4 mile lateral drilled in Permian.

3.4 miles!

Link - NYSE delists Halcon Resources

Apache has sold out of the Andarko basin.

Apache Exits Scoop 190726 by Hart Energy.docx (14.5 KB)

Link - Caller Times

(Source: Grant Black, Executive Director - NARO) The $1.75 billion pipeline that will pump up to 2 billion cubic feet of natural gas a day to the Coastal Bend from the energy-rich Permian Basin is running ahead of schedule and could be operational by mid-September, the project developer says. “The pipe is in the ground, there is still commissioning work going on on the compressor and meter stations,” Steve Kean, CEO of the Houston pipeline operator Kinder Morgan told investors in a conference call last week. "But our expectation is for a slightly early in-service date. Ken Medlock, director of an energy-studies program at Rice University in Houston, says an assessment Tuesday, Nov. 15, 2016 by the U.S. Geological Survey that the Wolfcamp Shale in the Midland-Odessa region could yield 20 billion barrels of oil is another sign that “the revival of the Permian Basin is going to last a couple of decades.” (Photo: Courtney Sacco, AP) The pipeline, called the Gulf Coast Express, is part of a twin project by Kinder Morgan to send natural gas across vast expanses of Texas to meet growing energy demands from East Texas to Mexico.

From Grant Black, NARO Exec. Dir.- For many years I have gotten daily emails from Energy in Depth, a part of the Independent Petroleum Association of America (IPAA) that I have found helpful in keeping up with issues related to oil and gas production legislation and regulation etc. in most all regions of the US as well as foreign countries.
You can sign up to get the same daily news by going to their website https://www.energyindepth.org/ and providing them your email address.
This is not only a simple way to track issues on a day to day basis but also to have ideas for topics report more details about in our monthly ROAR articles.

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Good video from Texas Public Policy Foundation which shows how many everyday products use hydrocarbons in one form or another.

It’s everywhere

DrillingInfo has changed its name to Enverus. Probably trying to reflect broader scope of what they do.

China to impose 5% tariff on US oil.

Trade war casualty

We shouldn’t sell them any oil.

That’s a pretty big market to overlook.

Article about the 46 natural gas pipeline projects being completed in 2019.

Link