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Tag: oil
DISCUSSION: Tom Petries Take on OPEC+, Oil Prices, Production Cuts
2020-04-15 20:00:00| OGI
Tom Petrie, chairman of Petrie Partners, weighs in on what the industry should expect from record global oil output cuts agreed to by OPEC, Russia and other oil producers.
Tags: prices
discussion
production
tom
On the Market Oil and Gas Quicklist (Week of April 15, 2020)
2020-04-15 19:00:00| OGI
Heres a quicklist of oil and gas assets on the market including the sale of QEP Resources assets across several states through multiple auctions plus Grizzle Energy properties in Oklahoma and the Texas Panhandle.
US Negotiating Contracts to Store 23 MMbbl of Oil in SPR
2020-04-15 15:53:42| OGI
Nine companies involved in effort to alleviate supply glut.
Tags: store
oil
contracts
negotiating
IEA Warns Oil Market Falls Too Big to Offset with Output Cuts
2020-04-15 15:11:54| OGI
The IEA forecast a 9.3 MMbbl/d drop in demand for 2020 despite what it called a solid start by producers following a record deal to curb supply in response to the coronavirus pandemic.
Texas Oil Industry Discusses Opening Pandoras Box of Proration
2020-04-15 14:53:10| OGI
Some oil companies, without support from many of their peers, are asking Texas Railroad Commissioners to cut oil production by 20%.
Tags: box
industry
opening
texas
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