Saturday, March 8, 2025

Energy XXI Joins Russell 3000®

Energy XXI Gulf Coast (ticker: EXXI) has been scheduled to join the Russell 3000® index on June 26th, 2017. The Russell 3000® Index is an index weighted by market capitalization, primarily for companies that display above average growth. Energy XXI Gulf Coast is presenting at EnerCom’s The Oil & Gas Conference® 22 Energy XXI will be a presenting company at

Crude Falls Again on Unhappy Inventory Report

Gasoline stocks increase for second week Crude oil prices have fallen on disappointing inventory data today, in a repeat of what occurred after the inventory build last week. Unlike last week’s Petroleum Supply Weekly, the EIA did not announce a build in crude oil inventories today. Commercial crude oil inventories (excluding the Strategic Petroleum Reserve) decreased by 1,661 MBBL from

North Dakota Gas Production, 13,700 Active Wells Break Records

Overall activity up in Bakken; pipes starting to replace rail The North Dakota Industrial Commission released its latest Oil and Gas Production Report this week, outlining hydrocarbon activity in the state for April 2017. Oil production up The NDIC reported that oil production increased in April to about 1,051 MBOPD, from 1,026 MBOPD in March. The number of producing wells

OPEC Production Up in May with New Oil from Libya and Nigeria

Countries exempt from the OPEC production deal are ramping up production Even as the Organization of Petroleum Exporting Countries looks to rebalance markets through coordinated production cuts within its ranks and with other non-members, production from the group is up. OPEC released its June Monthly Oil Market Report Tuesday showing that its production grew 0.34 MMBOPD to 32.1 MMBOPD in

Raging River Exploration: Branching Out into the Duvernay

Branching out of its core Dodsland Viking play, Raging River Exploration (ticker: RRX) has taken a major step in building a strong asset in the Duvernay Shale. In June Raging River announced its land position in the Duvernay Shale in Central Alberta. The play consists of approximately 99,200 acres prospective for Duvernay light oil development. Drilling activities will begin in