Chris
Mathews
Hart Energy
California Mergin’: CRC-Aera Combination Creates Golden State Scale
CRC President and CEO Francisco Leon believes the state needs to bolster its own oil and gas production—not all citizens and lawmakers agree.
Bracewell: How Trump and Harris Differ (or Don’t) on Energy Policy
Presidential impact on energy prices is largely about perception, although LNG permitting, production incentives and the Inflation Reduction Act will be influenced depending on who is in the White House.
Phillips 66 to Cease Operations at Los Angeles-area Refinery
Phillips 66 said on Oct. 16 it plans to stop operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet consumer demand.
Midcon, Rockies Drilling Activity Keeps Declining in 3Q—KC Fed
To substantially increase drilling activity, E&Ps in the Midcon and Rockies need to see a healthy increase in oil and natural gas prices, according to the third-quarter Kansas City Fed Energy Survey.
Now in 18 Permian Counties, What Will Diamondback Divest?
Post-acquisition of Endeavor Energy, Diamondback Energy has property in 18 West Texas counties. While analysts wait to hear what will be sold, Endeavor is up-shifting D&C efficiencies down to $625 per lateral foot.
Geopolitical Tensions Complicate Oil Price Predictions
Geopolitical tensions around the world are an ongoing wildcard for oil prices in the near-term, according to BOK Financial Securities’ Dennis Kissler. U.S. producers will have to pivot off of whatever hand they are dealt.
What's Affecting Oil Prices This Week? (Oct. 14, 2024)
Similar to last week, Stratas Advisors forecast that oil prices will be relatively flat with a downward bias unless there is another military strike of note.
OPEC Cuts 2024, 2025 Global Oil Demand Growth View Again
The weaker outlook highlights the dilemma faced by OPEC+, which is planning to start raising output in December after earlier delaying the hike against a backdrop of falling prices.
Paisie: Oil Prices to Rise in Fourth Quarter
Weakness in crude markets is connected to struggling economies in the U.S., EU and China.
US Drillers Add Oil, Gas Rigs for First Time in Four Weeks
The oil and gas rig count rose by one to 586 in the week to Oct. 11. Baker Hughes said the total count was still down 36 rigs or 6% from this time last year.