Pietro D
Pitts
Hart Energy
Hirs: Peak Oil Demand—Where Upstream Diverges from Downstream
The impact of peak oil demand is the same regardless of the sliding timelines published by the experts.
New Mexican President, Same Reliance on Permian Gas
While Sheinbaum leans toward a stronger Pemex, U.S. producers are likely to maintain their relevance in Mexico.
Ingham Named President of Texas Alliance of Energy Producers
Karr Ingham served as interim president of the Texas Alliance of Energy Producers for nine months prior to assuming the full leadership position.
What's Affecting Oil Prices This Week? (Aug. 12, 2024)
Concerns about geopolitics in the Middle East and supply/demand fundamentals continue to weigh on oil prices in the week of Aug. 12.
OPEC Lowers Oil Demand Forecast, May Delay Unwinding Cuts
OPEC made its first cut in its 2024 forecast since July 2023, and comes after mounting signs that demand in China has lagged expectations due to slumping diesel consumption.
Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale
Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
US Drillers Add Oil, Gas Rigs for Third Time in Four Weeks
The oil and gas rig count rose by two to 588 in the week to Aug. 9. Despite this week's rig increase, Baker Hughes said the total count was still down 66 rigs, or 10% below this time last year.
Strategic Minerals Buying: A Complex Game of 52 Card Pickup
Enverus’ minerals expert Phil Dunning pulls back the curtain on generational changes and seismic shifts in the U.S. minerals market that make it challenging to for aggregators to achieve scale.
Oxy CEO Hollub on Divestment Plans: This is Not a ‘Fire Sale’
Occidental Petroleum is keeping under wraps what it might sell to prevent compromising “our ability to maximize the value,” CEO Vicki Hollub said during an Aug. 8 earnings call.
SM, Vital Reveal Wildcatting for Permian Barnett and Woodford Oil
SM Energy has landed two tests in its Midland Basin leasehold, while Vital Energy reports it’s drilled four. SM’s IPs are promising, while Vital has just begun flowback.