Nissa
Darbonne
Oil and Gas Investor
What's Affecting Oil Prices This Week? (Nov. 4, 2024)
For the upcoming week, with the increased geopolitical risk and OPEC+’s delay in phasing out its production cut, Stratas Advisors expect that the price of Brent crude could test $77.
Quantum-Backed E&Ps Expand with Acquired Gassy Utah-Colorado Assets
Following Quantum Capital Group’s closed $1.8 billion acquisition of Caerus Oil and Gas, KODA Resources gained 160,000 acres on the Uinta side.
EPA Gives OK to Texas GulfLink Deepwater Port
Sentinel Midstream’s Texas GulfLink project is one of several proposals for an offshore oil terminal in the Gulf.
SM Kicks Off Dean Wildcatting With 918 Boe/d Choked IPs
Operator SM Energy is constraining IPs to not overwhelm its produced-water facilities.
Significant ROI for Energy Lobbyists Willing to Invest in Capitol Expenditures
Influencing policy in Washington requires substantial investment in campaign donations and lobbying. But the ROI is substantial, as well.
Enbridge Among Growing List of Earnings Boosted by Acquisitions
Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter.
Kimmeridge, Commonwealth LNG Seeking MiQ Certification
The guidance provided by MiQ will support Kimmeridge’s initiative to deliver “wellhead-to-water” gas that is net-zero on Scope 1 and 2 greenhouse-gas emissions.
ConocoPhillips Hits Permian, Eagle Ford Records as Marathon Closing Nears
ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle Ford, the Bakken and the Permian Basin.
US Oil, Gas Rig Count Unchanged this Week
The oil and gas rig count held at 585 to Nov. 1. Baker Hughes said that puts the total rig count down 33 rigs, or 5% below this time last year.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.