PrairieSky Royalty Declares Quarterly Cash Dividend
PrairieSky’s dividend is payable April 15 to shareholders of record by March 28.
Evolution Petroleum Sees Progress on SCOOP/STACK, Chaveroo Operations
Evolution expects to participate in future development blocks, holding in aggregate over 70 additional horizontal well locations.
COMMENTARY: How to Overhaul Payments in Energy – Geoffrey Cann
With payments technology innovating at a rapid clip, are energy companies ready to overhaul their snail-like order to cash processes? By Geoffrey Cann TL;DR Payments technology has rapidly advanced, but energy has been slow to adopt The costs of a built-in 60-to-90 day settlement delay are increasingly dear Rethink settlement end to end and not …
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Will the Ends Justify the Means for W&T Offshore?
After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.
Coast Guard Confirms Amplify’s Platform Elly Unrelated to California Oil Sheen
Amplify Energy remains confident that the sheen off Huntington Beach, California is not related to its operations.
What’s Affecting Oil Prices This Week? (March 11, 2024)
Stratas Advisors expect that oil prices will move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.
US Natgas Prices Slide 2% to Fresh One-Week Low on Milder Forecasts
U.S. natural gas futures slid about 2% to a fresh one-week low on forecasts for milder weather and lower heating demand over the next two weeks than previously expected. Another factor weighing on prices in recent weeks has been the low amount of gas flowing to liquefied natural gas (LNG) export plants due to ongoing …
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Freeport LNG’s Feedgas Usage Falls Again
Natural gas flowing to Freeport LNG’s Texas facility was down to 758 MMcf on March 11 from 1463 MMcf on March 3, LSEG data showed.
U.S. Leads Global Oil Production for Sixth Straight Year – EIA
U.S. crude oil production lead global oil production for a sixth straight year, with a record breaking average production of 12.9 million barrels per day (bpd), the Energy Information Administration (EIA) said in a release on Monday. In December, U.S. crude oil production hit a new monthly record high of over 13.3 million bpd, the …
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US Leads Global Oil Production for Sixth Straight Year-EIA
The Energy Information Administration says it is unlikely that the record will be broken by another country in the near term.