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2.0KCrude Oil Prices Hold Near 3-Year Highs; U.S. Drilling, OPEC Cuts in Focus
Crude oil prices were largely unchanged near recent highs in early dealings on Monday, as the market weighed rising U.S. drilling activity...
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2.3K
Offshore: What 2018 May Bring for Oil & Gas Exploration
In 2017, oil prices recovered significantly. Posting its second annual gain in a row, the commodity closed 2017 up more than 12%. The U.S....
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2.2K
Trump’s Tax Reform Win Paves Way For Infrastructure Spending and Higher Stock Prices
With Trump’s Tax Plan in focus it is indisputable that 2017 was a solid year for the U.S. economy, with unemployment dipping,...
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1.9K
Oil Prices Gain After U.S. Rig Decline
Oil prices rose Monday morning following an unexpected fall in the number of U.S. rigs drilling for crude. Light, sweet crude for...
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2.2K
Oil Patch Property Valuations Play Key Role in Company’s Financial Health
From mineral rights and royalty interest owners to oil and gas producers and their shareholders to local, state and federal governments, the...
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3.9K
Contingent payments become more common in oil patch deals
Exxon Mobil Corp.’s deal in January for a swath of Permian Basin drilling real estate came with a sweetener for the sellers. The heirs of oil...
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1.7K
With Limited Supply, Oil Demand and Prices Rise
In the aftermath of category 5 hurricanes that hit the U.S. and the Caribbean, oil supply and the markets have seen change....
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2.8K
Post-Productions Decuctions, The Beast and Pesky Check Statement Details
First, a definition for post-production deductions (PPD) is necessary. Operators consider exploration and the drilling phase to be exclusively working interest owner’s...
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2.1K
Oil prices stable after OPEC signals possible further action
AMSTERDAM (Reuters) – Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments...
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2.4K
How to Invest in Oil Without Taking a Risk
July 13, 2017, Bloomberg Bob Ravnaas raised a paddle in a Houston auction house to secure his first block of mineral rights...
