Under new regulations, the Bureau of Ocean Energy Management estimates the oil and gas industry will be required to provide an additional $6.9 billion in new financial assurances to cover industry decommissioning costs.
By Geoffrey Cann Managers in oil and gas rely on various rules of thumb to accelerate decision making, but at times these biases get in the way of making better decisions. Biases that were at one time helpful are now a kind of risk. Killer Biases in Oil and Gas In 2017, I was invited by the International Energy Agency (IEA) …
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While concerns about the stability of oil supply are increasing, Stratas Advisors does not expect oil supply to be disrupted – unless there is further escalation in the Middle East.
Sarah Bairstow joined Mexico Pacific Ltd. LLC in 2019 and is assuming the CEO role following Ivan Van der Walt’s resignation.
Trio Petroleum’s HH-1 well in McCool Ranch and the HV-3A well in the Presidents Field collectively produce about 75 bbl/d.
Atlas Energy Solutions said the closing of the mine, which did not result in any injuries, would not affect services to the company’s Permian Basin customers.
Trillion Energy reported 49 m of new gas pay will be perforated in four wells.
Global Partners LP announced a quarterly cash dividend on its 9.5% fixed-rate Series B preferred units
U.S. natural gas futures fell about 2% to a more than two-week low on Monday, weighed down by lower demand forecasts for this week than previously expected due primarily to a drop in feedgas to the Freeport LNG export plant in Texas. Front-month gas futures NGc1 for April delivery on the New York Mercantile Exchange …
U.S. Natgas Futures Hit Over 2-Week Low on Lower Demand View Read More »
U.S. natural gas futures fell about 2% to a more than two-week low on April 15, weighed down by lower demand forecasts for this week than previously expected.
