OklahomaMinerals.com
Exploration
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1.3KColorado new oil and gas permits plunge by 96% in April from a year earlier
Denver Post – Colorado will delay hearings on a major revamp of its oil and gas regulations by several weeks, even as...
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1.3K
RRC: Texas Railroad Commission Will Consider An Oil Production Cut That Is Too Late To Matter
David Blackmon – Forbes – With news this morning that Chesapeake Energy is preparing to file for bankruptcy, The Texas Railroad Commission (RRC) will...
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10.3K
Understanding Crude Oil Classifications
The first crude oil had actually been discovered by the Chinese in 600 B.C. and transported in pipelines made from bamboo. However,...
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Joint Interest Billings – Not Paying the Piper
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
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Oil in the age of coronavirus: a U.S. shale bust like no other
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
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Shale Giants Clash Over Oil-Supply Cut to Survive Crude Rout
By: Kevin Crowley & Rachel Adams-Heard at Bloomberg – One of the biggest Texas shale explorers warned it will halt all drilling...
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US crude storage could fill up in May as refinery demand, oil exports plunge 30%
Jordan Blum – S&P Global Platts – HOUSTON — US commercial crude storage could hit its capacity in mid-May as refinery demand and...
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EIA forecasts U.S. oil boom will reverse amid coronavirus disruption
AXIOS – Pain in the U.S. oil patch from the coronavirus outbreak is no longer on the horizon. It’s here, and several...
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Chaos and scrambling in the U.S. oil patch as prices plummet
NEW YORK (AP) — In Montana, a father and son running a small oil business are cutting their salaries in half. In...
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‘We are on the verge of a massive collapse’: Ex-Energy Secretary Perry says COVID-19 will ravage oil industry
USA TODAY – Former Energy Secretary Rick Perry believes that the oil industry could collapse because of the dramatic decrease in demand...
