Saturday, January 18, 2025

Companies Cautious With Western Gulf of Mexico Lease Sale 233

The Bureau of Ocean Energy Management (BOEM) held its Western Gulf of Mexico (GOM) Lease Sale 233 on August 28, 2013, which raised $102.4 million in high bids. The event auctioned 3,873 tracts from nine to 250 miles offshore, in water depths ranging from 16 to more than 10,975 feet. By comparison, the Central Gulf of Mexico Lease Sale netted

Crude Oil Cuttings (Week Ended 7/5/13)

Crude Oil Inventory/’000 BBLS Current: 373,918 Actual Build/(Withdrawal): (9,874) Economist Average Estimate: (3,114) Previous: 383,792 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *Fracking Firms Face New Crop of Competitors – WSJ So many companies have jumped into the hydraulic-fracturing business that the price of performing the key part of the oil- and gas-drilling

U.S. and Mexico to Jointly Develop Gulf of Mexico

An agreement between the U.S. and Mexico is prompting U.S. oil and gas offshore operators in the Gulf of Mexico to brush up on their Spanish. The passage of H.R. 1613 in the U.S. House of Representative is expected to establish a transboundary agreement to allow joint energy development projects between U.S. energy companies and the Mexican state owned oil

Let’s Work For America, Not Against It; Climate Change Speech Positive for Natural Gas

President Barack Obama’s first climate change speech of his second term focused on three main points: cutting carbon pollution in America, preparing the U.S. for the impacts of climate change, and leading international efforts to combat global climate change. Our key takeaway from the president’s speech was natural gas is cited as a “critical bridge fuel” – and rightfully so.

Gary Evans – Magnum Hunter Resources

https://www.oilandgas360.com/wp-content/uploads/2014/10/MHR-Gary-Evans-Fox-2013-0620.mp4     Chairman and CEO Gary Evans appeared on Fox Business News.   … Username or E-mail Password Remember Me     Forgot Password

Natural Gas Roundup (Week Ended 4/19/13)

NATURAL GAS INVENTORY Current: 1,734 Bcf Actual Injection/(Withdrawal): 30 Bcf Economist Average Estimate: 32 Bcf Previous: 1,704 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Pressure Mounts on US to Export Natural Gas – CNBC As the U.S. produces more of its own energy, pressure is mounting on the federal government to move

Crude Oil Cuttings (Week Ended 4/12/13)

CRUDE OIL INVENTORY/’000 bbls  Current: 387,641 Actual Build/(Withdrawal): (1,233) Economist Average Estimate: 1,082 Previous: 388,874 Click here for the chart with five year averages. IN CASE YOU MISSED IT *VIDEO: U.S. Need for Oil Is `Shrinking,’ Petrie Says – Bloomberg Thomas Petrie, chairman of Petrie Partners, talks about U.S. energy independence and the outlook oil prices and refineries. Petrie speaks with Tom Keene and

Natural Gas Roundup (DOE Inventory Update)

NATURAL GAS INVENTORY (Week Ended 4/5/13) Current: 1,673 Bcf Actual Injection/(Withdrawal): (14) Bcf Economist Average Estimate: (16)  Bcf Previous: 1,687 Bcf Click here for the chart with five year averages. NATURAL GAS IN THE MEDIA *Fracking Doesn’t Cause Significant Earthquakes, Study Says – Bloomberg Hydraulic fracturing used to access oil and gas from rock and shale hasn’t caused “significant” earthquakes, according to a

Get your Fracs Straight before Inserting Foot in Mouth

CRUDE OIL INVENTORY/’000 bbls (Week Ended 3/1/13) Current: 381,351 Actual Build/(Withdrawal): 3,833 Economist Average Estimate: 327 Previous: 377,518 Click here for the chart with five year averages. CRUDE OIL IN THE MEDIA *U.S. Tops Saudi Arabia as World’s Biggest Fuel Producer – WSJ The U.S. has catapulted past Saudi Arabia as the world’s biggest fuel producer, now that abundant production

Putin election victory: What next for Russia?

This is some dummy copy. You’re not really supposed to read this dummy copy, it is just a place holder for people who need some type to visualize what the actual copy might look like if it were real content. If you want to read, I might suggest a good book, perhaps Hemingway or Melville. That’s why they call it,

State of the (Dis)-Union Address

Oil & Gas 360® gathered a few news features on the President’s State of The Union address: Patton Boggs Last night, President Barack Obama delivered his fourth State of the Union Address before a joint session of the 113th Congress. Not since 1887, when President Grover Cleveland faced a divided 50th Congress, has a Democratic President been confronted (again) with

Dmitry Medvedev’s two-day state visit to Norway has begun

This is some dummy copy. You’re not really supposed to read this dummy copy, it is just a place holder for people who need some type to visualize what the actual copy might look like if it were real content. If you want to read, I might suggest a good book, perhaps Hemingway or Melville. That’s why they call it,