OFS Archives - Page 11 of 18 - Energy News Beat

USGS Releases Assessment of Undiscovered Oil and Gas Resources in the Niobrara Formation of SW Wyoming and NE Colorado

June 11, 2025 Clark Savage23

The U.S. Geological Survey (USGS) recently released a significant assessment identifying undiscovered, technically recoverable oil and gas resources in the Mowry Composite Total Petroleum System, which includes the Niobrara Formation, spanning southwest Wyoming, northeast Colorado, and parts of Utah. This report, published on May 21, 2025, estimates 473 million barrels of oil and 27 trillion […]

China Loves Net Zero But not for the Reasons You Think

June 9, 2025 Clark Savage18

Daily Standup Top Stories DAVID BLACKMON: On Energy, China Knows What The Rest Of Us Must Re-Learn June 7, 2025 Clark Savage ENB Pub Note: This article from David Blackmon is fantastic on The Daily Caller. We recommend following him there and on his Substack The Energy Absurdity Turley’s Law is alive and well. The more […]

US Oil Drillers See Sharp Decline in Activity – How do investors respond?

June 7, 2025 Clark Savage19

The U.S. oil and gas industry is experiencing a significant slowdown, with drilling activity dropping to levels not seen since late 2021. According to the latest data from Baker Hughes, the total number of active drilling rigs in the United States fell by 4 to 559 for the week ending June 6, 2025, marking a […]

Peace Talks In Ukraine Cut Short

June 3, 2025 Clark Savage19

Daily Standup Top Stories Russia-Ukraine Talks Stall: Will Congress Ramp Up Sanctions Pressure on Moscow? June 2, 2025 Clark Savage It has been clear for well over 6 months that President Trump does not have the information he needs to end the war in Ukraine, and we are watching peace slip through his fingers, which […] Trump […]

U.S. Oil and Gas Drillers Pull Back as Low Oil Prices Bite: Rig Counts Signal Caution

May 30, 2025 Clark Savage27

As part of the Sandstone Teams services, we offer a review of oil and gas deals for our clients. We gain valuable insights into actual data points across various fields in the U.S. One key aspect is examining the well economics for each well and how it impacts the entire group or deal. We are […]

Survey Note: Analysis of Oil and Well Economic Data in Texas – Cost Comparison of Conventional Vertical Wells vs. Horizontal Wells with Fracking

May 30, 2025 Clark Savage39

As we work on our day jobs of evaluating oil and gas wells and leases to determine whether they are a good investment or should be passed, I wanted to share some basic information as a backdrop to Texas oil and gas. I do not provide investment advice, but I am more than willing to […]

Solar is MORE expensive than Gas (w/ receipts)

May 29, 2025 Clark Savage48

Daily Standup Top Stories Spain – the aftermath by Doug Sheridan – Wind and Solar are infact more expensive May 28, 2025 Clark Savage ENB Pub Note: This is an outstanding post on LinkedIn from Doug Sheridan, and I have invited him to be on the Energy News Beat podcast several times, but he is having […]

Chevron Announces Nearly 800 Job Cuts in Texas Amid Broader Industry Layoffs

May 28, 2025 Clark Savage23

– Chevron Corporation, one of the world’s leading integrated energy companies, has announced plans to lay off nearly 800 employees in Texas as part of a sweeping global restructuring effort. The cuts, primarily targeting the Permian Basin, underscore the challenges facing the oil and gas industry as companies grapple with low oil prices, regulatory pressures, […]

The Crude Truth: Water Management Challenges Threaten Permian Basin Oil Production

May 28, 2025 Clark Savage28

Source: The Crude Truth Substack. Rey Trevino, Pecos Operating, The Crude Truth Podcast Earlier in the week, I released the podcast “Water Shortage in Texas? Texas Land and Water: Big Plans with Commissioner Dr. Dawn Buckingham”. It prompted me to do a deeper dive into the challenges facing our exploration and production teams in the Permian […]

Permian Basin Oil Field at Risk of Poisonous Water Leaks, Texas Railroad Commission Warns

May 25, 2025 Clark Savage18

The Permian Basin, the heart of U.S. oil production, is grappling with a mounting crisis as toxic wastewater from fracking threatens environmental catastrophe and production setbacks. The Texas Railroad Commission (RRC), the state’s oil and gas regulator, has issued urgent warnings about “widespread” underground pressure increases caused by wastewater disposal, risking poisonous leaks, higher crude […]

Category: OFS

USGS Releases Assessment of Undiscovered Oil and Gas Resources in the Niobrara Formation of SW Wyoming and NE Colorado

China Loves Net Zero But not for the Reasons You Think

US Oil Drillers See Sharp Decline in Activity – How do investors respond?

Peace Talks In Ukraine Cut Short

U.S. Oil and Gas Drillers Pull Back as Low Oil Prices Bite: Rig Counts Signal Caution

Survey Note: Analysis of Oil and Well Economic Data in Texas – Cost Comparison of Conventional Vertical Wells vs. Horizontal Wells with Fracking

Solar is MORE expensive than Gas (w/ receipts)

Chevron Announces Nearly 800 Job Cuts in Texas Amid Broader Industry Layoffs

The Crude Truth: Water Management Challenges Threaten Permian Basin Oil Production

Permian Basin Oil Field at Risk of Poisonous Water Leaks, Texas Railroad Commission Warns

About Energy News Beat

Recent Post

Net Zero Energy Policies Equate to Higher Energy Costs

Is Oil Set to Open Tomorrow at $149 or Higher?

Quick Links