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S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 189-Bcf Draw to Natural Gas Stocks

WASHINGTON (January 17, 2018) – The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 189-billion cubic feet (Bcf) withdrawal for the week that ended January 12, according to a survey of analysts by S&P Global Platts, the leading independent provider of information an ...

OilVoice Press - OilVoice


Posted 51 minutes agoOpinion > S&P Global PlattsUSUnited States +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 425,000 Barrels

NEW YORK (January 16, 2018) – Tightening US crude stocks recently turned NYMEX crude's nearby term structure to backwardation, which could attract even more speculative length into the market and help sustain higher prices, according to a Tuesday S&P Global Platts preview of this week's pending U.S ...

OilVoice Press - OilVoice


Posted 53 minutes agoOpinion > S&P Global PlattsUSUnited States +4

Milestone Achievement for Empyrean Energy as Production and Gas Sales Now Underway at Dempsey Well California

Production and Sale of Gas from Dempsey 1-15 Well Commences Empyrean Energy (EME: AIM), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce that it has been informed by Sacgasco Limited (ASX: SGC) (“Sacgasco”), the operator of the ...

OilVoice Press - OilVoice


Posted 10 hours agoPress > Empyrean EnergyDempsey Gas WellCalifornia +5

Junior E&P Begins Drilling in Oklahoma's STACK in Area with Monster Well Potential

A junior E&P with prime land in Oklahoma's STACK play uses a land swap to jump-start its drilling in an area that is seeing off-the-charts production as oil prices continue to rise. The STACK play in Oklahoma remains one of the hottest areas of oil production in the U.S. The acronym stands f ...

OilVoice Press - OilVoice


Posted 14 hours agoOpinion > e&pOklahomaUS +5

US Deputy Energy Secretary to Address IP Week 2018

U.S. Deputy Energy Secretary Dan Brouillette, a key figure in the Trump administration, completes the high-profile speaker line up for IP Week 2018, the Energy Institute (EI) announced today. Mr Brouillette will address senior industry leaders at the conference, which is held in London between 2 ...

OilVoice Press - OilVoice


    20 Feb 2018


Posted 1 day agoEvent > IP Week 2018USDeputy Energy Secretary +1

Magnolia Petroleum: Updated Oil and Gas Reserves Report for Producing US Onshore Wells Highlights Significant Asset Backing

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, announces the results of an independent Reserves Report (‘the Report') as part of the six-month bank debt redetermination process. The Report covers the Company's net proved developed producing ...

OilVoice Press - OilVoice


Posted 1 day agoPress > Magnolia PetroleumUSUnited States +3

During Recent Cold Snap, the U.S. Withdrew a Record Amount of Natural Gas From Storage

Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report During the recent cold weather event that affected much of the eastern United States, more natural gas was withdrawn from storage fields around the country than at any other point in history. Net withdrawals ...

OilVoice Press - OilVoice


Posted 5 days agoOpinion > United StatesUSnatural gas +4

EIA Forecasts Mostly Flat Crude Oil Prices and Increasing Global Production Through 2019

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , January 2018 EIA's January Short-Term Energy Outlook forecasts Brent crude oil to average $60 per barrel (b) in 2018 and $61/b in 2019, slightly higher than the $54/b average in 2017. In both 2018 and 2019, EIA ...

OilVoice Press - OilVoice


Posted 6 days agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Magnolia Petroleum: Better Than Expected Production From Three New US Onshore Wells

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, is pleased to provide a production update for three new wells that have recently come online and are now producing from the Mississippi Lime formation in the prolific STACK (‘Sooner Trend Anadarko (bas ...

OilVoice Press - OilVoice


Posted 8 days agoPress > United StatesUSonshore +4

Almost all Power Plants that Retired in the Past Decade Were Powered by Fossil Fuels

Source: U.S. Energy Information Administration, Form EIA-860M, Preliminary Monthly Electric Generator Inventory Note: Includes reported retirements through October 2017 and reported planned retirements for November and December. Nearly all of the utility-scale power plants in the United ...

OilVoice Press - OilVoice


Posted 8 days agoOpinion > United StatesUSEIA +5

EIA: US Gasoline Prices Increased in 2017

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update U.S. regular retail gasoline prices averaged $2.41 per gallon (gal) in 2017, 27 cents/gal (13%) higher than in 2016 , but two cents/gal less than in 2015. Higher crude oil prices in 2017 contributed to higher ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > EIAUSUnited States +3

Post-EIA Oil Inventories Commentary: S&P Global Platts Analytics - Quote Sr. Oil Analyst Jenna Delaney

Final numbers for 2017 from the EIA's Petroleum Weekly wrap up a year of significant draws on U.S. petroleum inventories. Total commercial hydrocarbon inventories ended the year 110 million barrels below where the year began. The decline was led by crude oil, which fell by 59 million barrels during ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > EIAOil InventoriesS&P Global Platts +4

Year-End 2017 U.S. Rig Count Up 45% Over 2016: S&P Global Platts Analytics

S&P Global Platts Analytics announced the U.S. rig count for December 2017 was 1,030, down 23 (-2%) from November 2017, and up 321 (+45%) from December 2016. This rig count includes U.S. onshore, U.S. inland waters, and U.S. offshore Gulf of Mexico drilling rigs. December U.S. land rig count: ...

OilVoice Press - OilVoice


Posted 9 days agoPress > United StatesUSRig Count +4

Cold Weather, Higher Exports Result in Record Natural Gas Demand

Source: U.S. Energy Information Administration, based on PointLogic Estimated U.S. natural gas demand on January 1, 2018 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to estimates from PointLogic. Much colder-than-normal temperatures across ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > USUnited StatesEIA +3

Residential Heating Oil and propane Prices are Expected to be Higher Than Last Winter

Source: U.S. Energy Information Administration, State Heating Oil and Propane Program , Short-Term Energy Outlook Residential heating oil and propane prices entered the winter heating season higher than last winter's prices, and EIA's Short-Term Energy Outlook (STEO) forecasts those p ...

OilVoice Press - OilVoice


Posted 1 month agoPress > STEOUnited StatesUS +3