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Today’s Energy Minute brought to you by Commissioner Ryan Sitton of the Texas Railroad Commission: https://www.facebook.com/InTheOilPatch/videos/273858796796037/   The United States added 11 rigs last week and had 1,063 running in total. The state of Texas had 532 of those rigs, which was an increase of eight over the prior week. The Texas...
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Today’s Energy Minute brought to you by Commissioner Ryan Sitton of the Texas Railroad Commission: https://youtu.be/sK8pcjLZvUE In contrast to Tuesday's report by the API - which showed a drop in U.S. crude inventories last week - yesterday the EIA reported that last week, stockpiles grew by 6.5 million barrels. This was...
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Today’s Energy Minute brought to you by Commissioner Ryan Sitton of the Texas Railroad Commission: https://youtu.be/mwTnA4emkq8 U.S. crude oil inventories grew again last week as the API reported yesterday that 5.7 million barrels were added to stockpiles. If confirmed by the EIA today, then this would mean the sixth straight week...
Energy News: Low Oil Price - 07/29/2019
In the oil patch radio show is proud to bring you this week's Energy Minute produced by shalemag.com. Here's Texas Railroad Commissioner Ryan Sitton with your current industry update: Oil prices rose on Tuesday, as a result of a larger than expected Crue draw reported by the American Petroleum Institute...
Energy New: Texas
In The Oil Patch Radio Show is proud to bring you this week's Energy News produced by shalemag.com: Texas as long banned, correctly identified as an oil and gas state. Indeed, the state currently produces one third of America's oil and gas supplies. What few people realize, however, is that...
ITOP Kym Bolado May 2019 Featured, energy news, FMC Technologies
In The Oil Patch Radio Show is proud to bring you today’s Energy Minute, produced by shalemag.com The EIA estimates that the U.S. power sector set a record for natural gas consumption in July. The electricity industry consumed 44.5 billion cubic feet of gas on July 19, eclipsing the old...
ITOP Kym Bolado May 2019 Featured, energy news, FMC Technologies
Just three years after a $13 billion-dollar merger, TechnipFMC announced that it will now split its company into two separate entities. TechnipFMC was created by the merger in 2017 of the French oilfield services company Technip and Houston equipment maker FMC Technologies. The company’s management believes the two new companies, both...
Energy New: Texas
In The Oil Patch Radio Show is proud to bring you this week's Energy Minute produced by shalemag.com: The Permian basin has been a major player in the financial fortunes of Texas since 1921 since that time, taxes and royalties collected on Permian oil and gas. I've helped Texas build...
Energy News: Low Oil Price - 07/29/2019
In The Oil Patch Radio Show is proud to bring you this week's Energy Minute produced by shalemag.com. Here's Texas Railroad Commissioner Ryan Sitton with your current industry update: Oil prices were relatively flat this week with Middle East detentions and a big fall on us. Crude stocks pushing oil...
Energy New: Texas
In The Oil Patch Radio Show is proud to bring you this week's energy minute produced by shalemag.com: The famous middle top gusher often gets credit for the creation of the Texas Hall business drilled in 1901 the Lucas well remains the biggest gusher ever drilled in Texas, but it...