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Frac Spread: Untethered From Oil, NGL Prices Languish

2019-04-25 18:18:11| OGI

Weak natural gas price results in expanded margins even as most NGL prices move little.

Tags: prices oil spread frac

 

Marketed: Kaiser-Francis Oil Wyoming Niobrara/Codell Sand Assets

2019-04-25 16:10:54| OGI

Kaiser-Francis Oil retained EnergyNet for the sale of Wyoming Niobrara/Codell Sand assets in Laramie County through a sealed-bid offering closing May 15.

Tags: oil assets sand wyoming

 
 

Tullow Oil Cuts Output Guidance, Kenya Timeline Ambitious

2019-04-25 14:21:50| OGI

Tullow Oil downgraded its 2019 output guidance to 90,000-98,000 barrels of oil per day (bbl/d) due to problems at its Ghana fields and sees final go-aheads for its Uganda in the second half while its Kenya project timeline was ambitious.

Tags: oil output guidance kenya

 

EIA: US Crude Oil Stockpiles Jump On Rise In Imports

2019-04-24 17:10:22| OGI

U.S. crude oil stockpiles rose last week to their highest in about a year and a half as imports increased, even as refiners sharply ramped up output, the EIA says.

Tags: jump oil rise imports

 

AEGIS Energy Risk Adds Oil Veterans To Bolster Texas Presence

2019-04-24 15:40:33| OGI

AEGIS Energy Risk added Mark Preng and Erin Sokol as regional vice presidents to support The Woodlands, Texas-based firms continued growth in the Lone Star State and surrounding states.

Tags: energy risk texas presence

 

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