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HomeExploration and Production

Exploration and Production

Crude Oil News

How the Grid Is Changing: Investing in Electrical Utilities and Oil & Gas Companies to Boost Your Portfolio

June 1, 2025 Clark Savage

We are tracking trends and changes in grid development and the investment world, and I have several podcast guests lined up to discuss this significant shift in grid management, technology, and investments. One key issue […]

OIl fields in Iran created by Grok on X
Crude Oil News

OPEC+ Unwinds Output Cuts: Impacts on Member Countries, Global Oil Market, and U.S. Shale

May 31, 2025 Clark Savage

The Organization of the Petroleum Exporting Countries and its allies (OPEC+), which collectively produce about 48% of global oil, have begun unwinding a series of voluntary output cuts implemented since 2022. This strategic shift, led […]

Crude Oil News

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

May 30, 2025 Clark Savage

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 […]

Crude Oil News

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 Savage

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 […]

AI

AI in Upstream and Midstream Oil and Gas: Lifting Barrels, Lowering Lease Operated Expense

May 30, 2025 Clark Savage

ENB Pub Note: This article was originally posted on LinkedIn by Jon Brewton, Founder and CEO of the AI company Data Squared. https://data2.ai/ I had the privilege of interviewing Jon in the first of our […]

Amomonia

Solar is MORE expensive than Gas (w/ receipts)

May 29, 2025 Andy Del Prado

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 […]

Petrobras
Big Oil Companies

What is the Energy mix in Brazil and Petrobras awards offshore work worth over $500m to Mota-Engil

May 29, 2025 Stu Turley

ENB Pub Note: The update on offshore work is provided below, along with the energy mix and oil production for Brazil.  Oil Production in Brazil In 2024, Brazil produced an average of 3.358 million barrels […]

Chevron Triumphs Over ExxonMobil, Ending 20-Month Battle to Acquire Hess
Crude Oil News

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

May 28, 2025 Clark Savage

– 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 […]

Crude Oil News

Texas oil companies face new deadlines to plug inactive wells

May 28, 2025 Clark Savage

Texas oil and gas companies face new deadlines to plug defunct wells after the Texas Legislature agreed this week to send Gov. Greg Abbott a bill setting new rules for the industry. The bill, which passed with […]

Crude Oil News

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

May 28, 2025 Clark Savage

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”. […]

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