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Saudi Arabia Set to Raise Oil Output, Reversing Recent Production Cut: Reports
2021-02-17 23:25:00| OGI
Saudi Arabia is expected to announce its plans when a coalition of oil producers meets next month, according to a WSJ report on Feb. 17, adding that the output rise wont kick in until April.
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recent
reports
production
On the Market Oil and Gas Quicklist (Week of Feb. 17, 2021)
2021-02-17 20:25:00| OGI
Heres a quicklist of oil and gas assets on the market including ORRI assets across the Williston and Powder River basins plus a package of Midcontinent properties from Meade Energy.
Oil Breaks $60 on Texas Supply Disruptions
2021-02-17 16:05:48| OGI
Both Brent and WTI hit their highest levels in 13 months.
Norway Oil Firms Raise 2021 Investment Plans But Cuts Seen by 2022
2021-02-17 15:05:00| OGI
Last year, Norways parliament approved temporary tax incentives to spur oil and gas investments, triggering promises by Equinor and others to accelerate development of existing finds to bring them on stream.
Tags: plans
investment
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raise
US Shale Could Face Weeks of Depressed Oil Production Due to Cold
2021-02-17 10:55:00| OGI
Roughly 500,000 to 1.2 million bbl/d of crude production in Texas has been shut-in by the weather, which hit the state with the coldest temperatures in 30 years, Rystad Energy says.
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