by admin@hew-tex | Nov 21, 2017 | Hew-Tex, Uncategorized
Source: Streetwise Reports (11/21/17) An oil E&P company has acquired rights at low cost in the prolific Permian Basin that it is now exploring and producing. The price of oil has been rising in recent weeks, with West Texas Intermediate Crude now fetching $57 per...
by admin@hew-tex | Oct 18, 2017 | Hew-Tex, Uncategorized
247wallst.com : By Jon C. Ogg October 18, 2017 2:35 pm EDT It seems like Exxon Mobil Corp. (NYSE: XOM) is located in just about every major oil and gas effort around the planet. After all, it is the largest American oil and gas company by far. Now Exxon is acquiring a...
by admin@hew-tex | Oct 13, 2017 | Hew-Tex, Uncategorized
WorldOil.com WASHINGTON, D.C. — In its Short-Term Energy Outlook (STEO) update released this week, EIA forecasts that U.S crude oil production will average 9.4 MMbpd in the second half of 2017, 340,000 bpd more than in the first half of 2017. EIA’s close...
by admin@hew-tex | Oct 5, 2017 | Hew-Tex, Uncategorized
Rod Nickel HOUSTON (Reuters) – Huge volumes of dirty water produced by U.S. shale firms are driving up investment in water-handling specialists, as cash-conscious oil and gas companies try to trim costs. FILE PHOTO: Workers hired by U.S. oil and gas company...
by admin@hew-tex | Sep 25, 2017 | Hew-Tex
The Permian Basin is Headed for a Second Peak. Source: IHS Markit 2017 September 25, 2017 08:00 AM Eastern Daylight Time www.businesswire.com HOUSTON–(BUSINESS WIRE)–Energy researchers at IHS Markit have completed the first, three-year phase of a massive...
by admin@hew-tex | Sep 25, 2017 | Hew-Tex
By: Joe Carroll September 25, 2017, 8:10 AM MDT www.bloomberg.com The Permian Basin of Texas and New Mexico holds 60 billion to 70 billion barrels of yet-to-be pumped crude oil, according to a study by IHS Markit Ltd. The Permian region’s so-called recoverable...
