Permian Basin News & Information

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Exclusive: IEA revising oil demand growth forecast down on slowing economy  Euronews

By Nidhi Verma NEW DELHI (Reuters) – The International Energy Agency (IEA) is reducing its 2019 oil demand foreca...

Posted: July 18, 2019, 4:38 pm
Kinder Morgan’s newest Permian Basin pipeline headed to East Texas  Houston Chronicle

Houston pipeline operator Kinder Morgan said it will route its newest natural gas pipeline project from West Te...

Posted: July 18, 2019, 3:02 pm
Expect 'Messy' 2Q Results as Lower 48 E&Ps Respond to Lower Waha, WTI Pricing  Natural Gas Intelligence

The second quarter earnings season is likely to offer few surprises, as U.S. producers continu...

Posted: July 18, 2019, 2:47 pm
Is Flaring Limiting Shale Drillers' Production Capacity?  Yahoo Finance

With oil production projected to grow rapidly in the coming days, flaring is bound to surge. It remains to be seen whether it ...

Posted: July 18, 2019, 2:06 pm
Crude Rises After Iran Says It Seized Foreign Oil Tanker in the Gulf  Nasdaq

Thursday, July 18, 2019SECTOR COMMENTARYThe energy sector is poised for a mixed start, supported by strength across the u...

Posted: July 18, 2019, 1:00 pm
Top Five Must-know Hemp Stocks for 2019  P&T Community

PALM BEACH, Florida, July 18, 2019 /PRNewswire/ -- With the passage of the U.S. Farm Bill, hemp will see a significant catalyst for growth. It'...

Posted: July 18, 2019, 12:50 pm
Permian oil royalties firms to combine as new Desert Peak Minerals  Houston Chronicle

Two private, oil and gas royalties firms focused on the Permian Basin said they will combine forces and merge in...

Posted: July 18, 2019, 12:47 pm
Saltstone Capital Management Presses for Immediate Change at Abraxas Petroleum Corporation  Yahoo Finance

Saltstone Capital Management, LLC, a Dallas-based investor in energy equities, released a le...

Posted: July 18, 2019, 12:00 pm
SM Energy (SM) Raises FY Production Guidance

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Posted: July 18, 2019, 10:13 am
Wall Street’s stern discipline cools fervor for M&A in energy sector  Houston Chronicle

By most measures, the U.S. oil and gas industry would appear ripe for consolidation. Rising costs, modest oil...

Posted: July 18, 2019, 10:00 am
What's Going On July 18  Odessa American

The Odessa Marriott Hotel & Conference Center has scheduled a job fair from 9 a.m. to 7 p.m. today and 9 a.m. to 5 p.m. Friday in the ballroom of The Copper ...

Posted: July 18, 2019, 9:30 am
Surge completes Permian's longest-known lateral  Kallanish Energy

Surge Energy US Holdings Co.'s Moss Creek Resources Holdings unit has completed what's believed to be the longest lateral in the Per...

Posted: July 18, 2019, 6:09 am
The Permian Oil Boom Is Showing Signs of Overheating  EnerCom Inc.

At 10:30 p.m. on an 85F August night in Penwell, in West Texas, a 69-year-old repairman is hammering away at the frame of an 18-whe...

Posted: July 17, 2019, 10:09 pm