Permian Basin


All posts for Permian Basin

Micro-Cap Oil & Gas Explorer's First Permian Basin Well Flowing 465 Barrels/Day

Exploration is just beginning for this oil and gas E&P with large tracts of prime land in the Permian Basin in Texas. Torchlight's Hazel Project, Midland Basin, Texas Torchlight Energy Resources Inc. (TRCH:NASDAQ) , an oil and gas exploration and production (E&P) company with rights to pro ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Permian BasinTexasUnited States +3

Carrizo Oil & Gas Announces the Divestiture of a Portion of Its Eagle Ford Acreage

Carrizo Oil & Gas, Inc. (Nasdaq: CRZO) has announced that it has entered into an agreement to divest a portion of its assets in the Eagle Ford Shale for $245 million in cash, subject to adjustment and customary closing terms and conditions. The divested assets include approximately 24,500 net acr ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Eagle FordDivestmentNasdaq +4

Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East

One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018.  There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...

Will Fine


Posted 2 years agoOpinion > Kingdom of Saudi ArabiasaudiSaudi Aramco +89

ExxonMobil Acquires Crude Oil Terminal to Serve Growing Permian Basin Production

Establishes ExxonMobil as key midstream provider in the rapidly growing Permian Basin Permitted for 100,000 barrels per day of throughput with the ability to expand Provides transportation and storage options for Permian Basin producers Exxon Mobil Corporation (NYSE:XOM) announced today that ...

OilVoice Press - OilVoice


Posted 2 years agoPress > Crude Oil TerminalPermian BasinExxonMobil +2

ExxonMobil Continues to Increase Acreage Position in Permian Basin

IRVING, Texas--( BUSINESS WIRE )-- Exxon Mobil Corporation (NYSE:XOM) today announced it has added 22,000 acres to its Permian Basin portfolio since May through a series of acquisitions and acreage trades. Located in the highly prolific, stacked oil pay zones of the Delaware and Midland Basins, th ...

OilVoice Press - OilVoice


Posted 2 years agoPress > ExxonMobilPermian BasinNYSE +2

Dr. Daniel Fine: Hurricanes, strategic implications, royalties and prices

Hurricane Harvey last month shut down more than 3 million barrels of oil refinery output or nearly 17 percent of the nation's capacity. Refinery capacity in the Gulf Coast was down over 30 percent on Aug. 30. Whatever caused this hurricane, there is now a risk of future size and scale to be reckoned ...

Will Fine


Posted 2 years agoOpinion > Hurricane HarveyStrategic Oil & Gasoil royalties +36

Producers employ tech innovations to keep lid on costs

ALBUQUERQUE, N.M. — Devon Energy Corp. manages all its oil operations in southeast New Mexico directly from a command-control center on the 44th floor of its Oklahoma City headquarters. Technology like WellCon, combined with a broad array of other high-tech innovations directly in the oil fields, ...

Will Fine


Posted 2 years agoLink > Dr. Daniel FineNew MexicoTechnology +25

Breathing easier in NM's oil patch

“Before, we weren't even making enough money for that … Some of the large companies are ramping up spending, but for smaller guys like me, it's still a struggle, because we need higher prices in the mid-$60 (per barrel) range for new work-overs to expand production.” That, in turn, pushed the sta ...

Will Fine


Posted 2 years agoLink > Dr. Daniel FineNew MexicoPermian +21

Oil and the Saudi Arabia threat by Dr. Daniel Fine

Dr. Daniel Fine, New Mexico Center for Energy Policy There is instability in the leading oil producer within OPEC and the lowest cost producer in the World. Nothing like this has happened in Saudi Arabia since the middle of the last century. It is only a matter of the short term before the price ...

Will Fine


Posted 2 years agoOpinion > San Juan BasinNew Mexicosaudi +27

Oil and the Saudi Arabia threat

The big picture is struggle between Iran and Saudi Arabia to dominate the region or Islamic Middle East.It was the take-over generation that switched Saudi Arabia oil strategy from an anti-American shale and sand price and market share war against West Texas Intermediate oil to a reduction of outp ...

Will Fine


Posted 2 years agoLink > Saudi ArabiaSaudi Aramcooil price +35

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 2 years agoLink > Permian BasinWhite HouseEnergy policy +51

Energy expert Daniel Fine examines Trump plan for U.S. energy ‘dominance’

The Trump administration has pushed an energy policy based on the notion of American self-sufficiency and energy “dominance.” Daniel Fine, associate director of the New Mexico Center for Energy Policy and senior policy analyst for the New Mexico State Department of Energy, Minerals, and Natural R ...

Will Fine


Posted 2 years agoLink > Permian BasinWhite HouseEnergy policy +51

The Global Energy Leaders Podcast - Episode 58 –

On today's episode, Tom Cambridge, president of the Texas Pipeline Association, visits The Global Energy Leaders Podcast to discuss Texas and the Panhandle Import Reduction Initiative. A founder of Panhandle Import Reduction Initiative (PIRI), a single purpose organization to educate the public a ...

Will Fine


Posted 2 years agoLink > Department of CommerceDonald TrumpPresident of the USA +33

Dr. Daniel Fine is a nice addition | Roswell Daily Record

The recent article by Dr. Daniel Fine in the guest column of your Wednesday edition concerning the impacts of Saudi Arabian-led dismantlement of our lively domestic energy business via flooding the market with underpriced foreign crude from numerous Middle Eastern national oil companies along with ...

Will Fine


Posted 2 years agoLink > Saudi AramcoSaudi ArabiaKingdom of Saudi Arabia +25