OklahomaMinerals.com
Oil & Gas News
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1.1KGas prices are falling. The reason why is a bummer
Gas and oil prices are heading in the right direction, finally. But the reasons why might be no cause for celebration. Story...
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Oil prices edge higher amid G7 talks on new Russian sanctions
By: Reuters – Oil prices edged higher on Monday in a volatile session as investors waited for any moves against Russian oil...
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Oil prices could slump to $75 a barrel in a recession — or jump to $150 if European sanctions slam Russian supplies, BofA says
FROM BUSINESS INSIDER – Analysts at Bank of America laid out three scenarios for the outlook on Brent crude oil prices. The...
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Business Insider: The high-flying energy sector is suffering one of its worst streak of losses in 40 years as oil prices pull back
The S&P 500 Energy Sector is the only sector on the broad-market index sporting gains so far in 2022, but a slide...
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ERCOT’s plan to keep power in reserve could cost Texans $1.5 billion
By: Shelby Webb – Houston Chronicle – Texas’ efforts to have more electricity in reserve on the power grid could cost ratepayers...
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RigZone: Texas Oil and Gas Production Rises
Oil and gas production in Texas rose month on month, according to the latest preliminary figures from the Texas Railroad Commission (RRC)....
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U.S. energy developer Double Eagle raises $1.7 bln for new venture
By: David French – Reuters – Double Eagle, a team of prolific oil and gas developers focused on the Permian basin, have...
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The Energy Crisis Has Been A Boon For Argentina’s Dead Cow Shale Patch
By Matthew Smith for Oilprice.com – The U.S., UK, and European Union’s ban on Russian oil imports sparked by President Vladimir Putin’s invasion of...
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Houston’s long, tempestuous relationship with the oil and gas industry may prove to be an asset
By: Erica Grieder – Houston Chronicle – Once upon a time, Houston was a city that “loved not wisely, but too well,”...
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Percussion Petroleum seeks buyers for Permian land worth up to $1.5 bln
(REUTERS)–Percussion Petroleum II is looking to fetch up to $1.5 billion by selling around 25,000 net acres in the Permian shale basin,...
