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Tag: oil
US Crude Oil Stockpiles Surge to Record High on Big Saudi Imports
2020-06-10 19:35:00| OGI
Crude oil inventories rose 5.7 million barrels in the week to June 5 to 538.1 million barrels, most in history, not including the U.S. strategic reserves, EIA data showed.
On the Market Oil and Gas Quicklist (Week of June 10, 2020)
2020-06-10 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including the sale of Chevrons East Texas Van Field asset plus bidding has been extended for a Permian Basin/Wolfcamp Shale package in Reeves County, Texas.
EIG Managing Director on Oil Industrys Serious Capital Access Problem
2020-06-10 18:00:00| OGI
Rob Johnson, managing director at EIG and its global head of direct lending, cited a recently realized investment in Felix Energy, a private independent in the Permian Basin, as a good case study of the firms direct lending platform.
Tags: problem
access
director
capital
Nearly One-third of US GoM Oil Output Shut In Following Storm
2020-06-10 15:02:07| OGI
The federal agency also said about 19%, or 123 production platforms, and one exploration rig remained evacuated in the northern GoM.
US Oil Production Decline in 2020 to Be Steeper Than Previously Expected
2020-06-09 19:00:00| OGI
"Initial data show the global oil market rebalancing faster than EIA previously forecast," EIA Administrator Linda Capuano said in a statement.
Tags: production
expected
previously
oil
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