Wednesday, January 8, 2025
oil-barrels-and-markets-482px Oil Prices Drop - Oil & Gas 360

Lenders, Borrowers See Borrowing Bases Increasing: Haynes and Boone

The law firm Haynes and Boone today released the results of its “Fall 2018 Borrowing Base Redeterminations Survey,” which shows a bright outlook for oil and gas producers. The firm provided key takeaways from its 2018 Fall survey: Respondents have a positive outlook about fall 2018 borrowing bases – over 78 percent expect borrowing bases to increase, with 36 percent

In Mexico’s Shale Patch, Cartel Violence Scares Off Drillers

From Reuters The oil and gas fracking boom has lured scores of drillers to the Eagle Ford region of South Texas, the second largest U.S. oil patch, as new production technology opened access to billions more barrels. The play extends across the Mexican border, where its name changes to the Burgos Basin – an equally fertile shale region where the

Trump’s OPEC is ‘Ripping Off’ the U.S. and the Rest of World Comment Moves Oil Prices

From S&P Global/Platts Washington — In a speech before the United Nations, US President Donald Trump took aim at OPEC for increasing global oil prices while benefiting from US military security. “OPEC and OPEC nations are, as usual, ripping off the rest of the world and I don’t like it, nobody should like it,” Trump said, claiming that the US defends