OklahomaMinerals.com
Oil & Gas News
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2.0KPermian forward gas prices turn negative as 2020 outlook weakens
S&P Global Platts – In a first ever, Permian forward gas prices settled in negative territory this week as the 2020 market outlook...
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BP’s CEO chides AOC and Bernie Sanders for their ‘completely unrealistic’ Green New Deal ideas
CNBC – Outgoing BP chief Bob Dudley on Wednesday criticized sweeping climate proposals from Sen. Bernie Sanders, a top-tier 2020 Democratic presidential candidate, and...
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Oil slides 2% as surplus forecast overshadows Libya disruption
Reuters – Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and...
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U.S. oil and gas boom tamed by sharply lower prices
John Kemp – Reuters – U.S. oil and gas production growth is slowing, as lower prices force shale firms to reduce new...
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Royalty owners sue oil and gas company for lease violations, fraud
Victoria Advocate – People in the Eagle Ford Shale region who’ve signed leases with Equinor for the mineral rights beneath their land...
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Colorado oil-well permitting plummeted in 2019, stoking new industry anxiety
Greg Avery – Denver Business Journal – Colorado issued the fewest oil and gas well drilling permits in more than a decade...
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U.S. energy exports to climb as China pledges ramp-up in purchases
Reuters – U.S. energy exports to China, mostly crude oil and natural gas, will climb as the world’s two largest economies struck...
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Peak Permian Oil Output Is Closer Than You Think, Investor Says
Bloomberg – Such is the extent of the shakeout in the U.S. shale industry that Permian Basin oil production is closer to...
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Crude exports boom on U.S. Gulf Coast, allaying bottleneck fears
Reuters – U.S. crude exports from Corpus Christi, Texas, have surged to a record in recent weeks, often surpassing hubs such as...
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The Oil And Gas Situation: In The Midst Of A Major Global Boom
David Blackmon – Forbes – Forty years ago, the conventional wisdom about oil was that we were running out of it and...
