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HomeExploration and Production

Exploration and Production

ENB Podcast

ENB #169 Anne Bradbury, CEO, American Exploration and Production Council stops by to cover COP28, LNG and even Bill Gates

December 29, 2023 Stu Turley

Do you feel your energy bills are increasing, and no one cares? Well, Anne Bradbury, the CEO of the American Exploration and Production Council, stopped by, and we cover some of the most important energy […]

Crude Oil News

U.S. shale growth could exceed forecasts in 2024

December 29, 2023 Stu Turley

Oil Price U.S. crude oil production has overwhelmingly exceeded earlier forecasts and has grown at a much faster pace this year, offsetting much of the OPEC+ efforts to push up prices by coordinated supply reductions. […]

Crude Oil News

The Top 5 Oil Producers of 2023

December 23, 2023 Stu Turley

Oil Price Defying earlier expectations of slowing growth, U.S. crude oil production has surged this year to extend America’s lead at the top of the ranking of the world’s biggest oil producers.  In September, U.S. oil […]

Crude Oil News

Hess and Oxy emerge as top winners in Gulf of Mexico oil lease sale

December 22, 2023 Stu Turley

World Oil (Bloomberg) — Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden […]

Exxon
Crude Oil News

Exxon Mobil: Merger With Pioneer And Expected Rising Oil Prices (Rating Upgrade)

December 21, 2023 Mariel Alumit

Exxon Mobil is set to acquire Pioneer Natural Resources, which will increase its oil and gas sales and make it the largest player in the Permian Basin. The oil market balance is expected to be […]

Crude Oil News

Deal Spotlight – Episode 2 – Deep Dive into Occidental Petroleum’s Permian Basin Acquisition and Evaluating Potential Overpayment

December 21, 2023 Stu Turley

Michael and I love evaluating deals. Today is an excellent example of the M&A activity heating up in the oil and gas market. This deal between Occidental and CrownRock has some key takeaways, which we […]

Railroad
Crude Oil News

Railroad Commission orders no-fly zone over ‘uncontrolled’ West Texas well spewing super-salty water

December 21, 2023 Mariel Alumit

The Texas Railroad Commission, which regulates the state’s oil and gas industry, has obtained a no-fly zone in the area of what it says is an uncontrolled well in Crane County where its crews are working to […]

Canadian oil
Crude Oil News

Canadian oil producers may wait for elections before cutting emissions

December 21, 2023 Stu Turley

Oil Price Several small-sized Canadian oil and gas producers prefer to wait and see if Prime Minister Justin Trudeau and his Liberals will survive the 2025 election instead of investing a lot of money and […]

shale
Crude Oil News

U.S. shale drillers to cut spending after 2023 oil production boom

December 21, 2023 Stu Turley

World Oil (Bloomberg) – Closely held operators, once the engine to the Permian’s shale growth coming out of the pandemic, are now expected to lead U.S. oil drillers into spending contraction next year. Private oil and […]

Biden
Crude Oil News

Biden Govt Sets Only Three Fossil Fuel Leases for 2024-29

December 19, 2023 Mariel Alumit

The Biden administration has cut the number of lease sales in the United States outer continental shelf (OCS) from the previously proposed 47 to just three in the final oil and gas leasing program for […]

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