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Gulf Coast Oil Companies Return to Recovery as Nicholas Recedes

2021-09-15 11:15:00| OGI

About 720,000 bbl/d of crude oil production and 1.075 Bcf/d of gas were offline, while 39 production platforms continued to be evacuated after Tropical Storm Nicholas passed through.

Tags: return companies oil coast

 

New Oil and Gas Royalties Firm Forms with $500 Million Commitment

2021-09-14 22:00:00| OGI

Sierra Energy, a new mineral and royalty acquisitions company formed through a partnership between Providence Energy and Oaktree Capital Management, will target opportunities throughout the continental U.S.

Tags: million firm forms gas

 
 

Marketed: Sabine Oil & Gas Operated East Texas Properties

2021-09-14 21:05:00| OGI

Sabine Oil & Gas retained RedOaks Energy Advisors for the sale of certain operated properties in East Texas across Gregg, Harrison, Panola, Rusk, Shelby, Smith and Upshur counties.

Tags: east properties texas gas

 

Vaccines Set to Unleash Pent-up Oil Demand, IEA Says

2021-09-14 15:43:29| OGI

The IEA forecast a robust rebound in the market from the fourth quarter of the year citing "strong pent-up demand and continued progress in vaccination programs."

Tags: set oil demand vaccines

 

Whats Affecting Oil Prices This Week? (Sept. 13, 2021)

2021-09-13 19:00:00| OGI

Back to trend? While it still expects oil prices to drift upward, Stratas Adivsors is also forecasting that oil prices will trade in a relatively narrow channel through the rest of the year, the firm said in its latest oil price forecast.

Tags: week prices oil sept

 

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