Our Blog
Gas Supply Surge
Increased use of natural gas for power generation, pipeline sales to Mexico, and LNG (Liquefied Natural Gas) exports have all helped firm up natural gas prices. Investors responded by increasing drilling for gas and adding pipeline capacity in the Marcellus shale of Pennsylvania, Ohio and West Virginia, thereby increasing supply. Meanwhile, the oil boom in… Read More
Irony
Independent oil and gas producers were some of Donald Trump’s most ardent supporters during the 2016 presidential election. Legendary oil investor, T. Boone Pickens, was a key fundraiser and Harold Hamm, CEO of Continental Resources, served as energy advisor. Now, “World Oil” reports that Trump’s recent budget proposal would cut over half the funding to… Read More
Powder River Revival
The energy industry is nothing new to the Powder River Basin, but until recently coal had been the major producer in this remote corner of Northeast Wyoming. However, falling coal prices, low break even points, and high acreage costs in premier plays, are all driving oil and gas operators to the area. While mineral rights… Read More
Life Beyond the Permian
The theory is that when there is a limited supply and an ever-increasing demand, prices will increase as well. However, once prices reach a sufficiently high level, consumers begin looking for substitutes and competing products. This certainly appears to be the case with mineral rights in the Permian Basin of West Texas and New Mexico. … Read More
New Record?
Low economic break-even points and production cutbacks by OPEC, Russia, and their allies (N/OPEC) created the opportunity for other producers to increase output. Since the oil price collapse of 2014, we have learned that the surviving shale operators are resilient, resourceful, and quick to exploit an opening. Writing in “Oil Voice”, Julia Weiss with Norwegian… Read More
