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US Offshore Wind Power Spending Has Oil in Its Sights

2020-07-08 23:30:00| OGI

From zero 10 years ago, U.S. offshore wind projects set for $78 billion in capital investment this decade.

Tags: its power oil wind

 

On the Market Oil and Gas Quicklist (Week of July 8, 2020)

2020-07-08 19:00:00| OGI

Heres a quicklist of oil and gas assets on the market including the sale of operated properties in South Texas as part of a regional exit by Blackbeard Operating.

Tags: july week market gas

 
 

Sabine Oil & Gas Forms Midstream JV in East Texas Carthage Area

2020-07-08 11:10:00| OGI

The JV transaction marks Osaka Gas first acquisition in the midstream business in the U.S. following the Japanese companys purchase of Sabine Oil & Gas late last year.

Tags: area east forms texas

 

US Oil Production to Decline Less Than Previously Forecast in 2020

2020-07-07 19:25:00| OGI

U.S. crude oil production is expected to fall by 600,000 bbl/d in 2020 to 11.63 million bbl/d, the EIA said July 7, a smaller decline than the 670,000 bbl/d it forecast previously.

Tags: production previously oil decline

 

Texas Reports Drop In Oil, Gas Drilling Permits Issued

2020-07-07 15:58:33| OGI

The RRC said July 6 it issued 312 drilling permits in June, compared to 1,001 in June 2019.

Tags: reports texas issued gas

 

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