Here are 10 Things You Should Know About Oil and Gas Today: Railroad Commissioner asks state officials to extend oil & gas tax deadlines - Where states like Wyoming and Louisiana are suspending severance tax obligations for an industry under attack, Texas officials only consider an extension of filing deadlines....
Welcome to our new reality. With the exception of the toilet paper shortage, Rod Serling pretty accurately dreamed up this new way of life of ours. While nearly everyone around the globe is in some form of lockdown or quarantine, the world outside our doors is getting warmer and...
Here are 10 things you need to know about oil and gas for April 3, 2020: State Regulators Hold The Key To U.S. Participation In A Global Oil Supply Deal - Excerpt: In states like Texas, North Dakota, Oklahoma, Wyoming and New Mexico, which together are producing the preponderance of U.S....
Here are 10 things you need to know about oil and gas for April 3, 2020: Trump calls on Russia and Saudi Arabia to cut oil production - Excerpt: The Trump administration is pressing OPEC to hold an emergency meeting as early as next week to try to end the standoff...
There’s no telling exactly how many jobs in oil field services will be affected by the crash in oil prices. Between the oil-price war created by Saudi Arabia and Russia and the downward spiral of demand created by the coronavirus, COVID-19, putting nearly the whole planet into lockdown, the...
Here are 10 things you need to know about oil and gas for April 2, 2020: Oil And Gas M&A Deals Crash Along With Prices - A new report from Enverus (formerly DrillingInfo) shows that mergers and acquisitions activity within the oil and gas industry crashed during the first quarter...
Here are 10 things you need to know about oil and gas for April 1, 2020: Texas Railroad Commission Could Limit Oil Production for First Time in Nearly 50 Years to Recover Prices - Don't really count on this happening, but the RRC will at least hold a hearing to...
Here are 10 things you need to know about oil and gas today, for March 31, 2020:</strong> The Government Won't Help a Divided Oil and Gas Industry Divisions in the oil and gas industry itself make any kind of government solution to the oil price bust very difficult to attain. Texas shale...
As of Friday, March 27, Brent crude oil is trading below $25, the coronavirus is still holding the world hostage, and the price war between Russia and Saudi Arabia is alive and kicking. While the reason for a G-20 Summit meeting last Thursday, March 26, was to discuss the...
We are experiencing a perfect storm. An unprecedented pandemic is decreasing energy demand globally. Talks between OPEC and OPEC+ members went awry with Russia refusing to further cut oil production to keep prices afloat. The two incidents interlocked, sending oil prices plummeting. And the storm still rages. The coronavirus,...
