News

Permian Basin reclaims status as top destination for frac crews

Sergio Chapa, Houston Chronicle | June 30, 2020

It was a one-month reign for the Marcellus Basin of Pennsylvania.

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Get Ready for an American Energy Comeback

Kevin Mooney, Real Clear Energy | June 25, 2020

Judging from the headlines, America's energy sector could collapse at any moment. Scattered amidst coronavirus coverage are reports of plummeting energy stocks and commodities traders paying people to take barrels of oil off their hands.

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7 Advanced Technologies Being Used to Reduce Emissions

New Mexico’s oil and gas producers are actively utilizing and developing advanced technologies to reduce emissions. Here are some examples:

 

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Let America’s energy independence and national security be perpetual

Dan Brouillette, Post Register | June 23, 2020

Idaho’s state motto, “Esto Perpetua,” or “Let It Be Perpetual,” aptly describes the relationship between American energy and national security. The two are perpetually linked: The United States cannot be truly secure without energy independence.

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What's Next For Oil Prices?

Nick Cunningham, Oil Price | June 22, 2020

Crude oil has rebounded to $40 per barrel and hoping to stay there. Some analysts have come out with more bullish forecasts for the near-term, but plenty of risks remain. “Good production discipline on the part of OPEC+ coupled with a massive involuntary reduction in production in the US on the one hand, plus the rapid recovery of demand on the other, have caused supply surpluses to be eroded significantly more quickly than anticipated,” Commerzbank wrote in a note on Monday.

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Permian operators to drive US output revival

Manash Goswami, Argus Media | June 15, 2020

The US Permian basin of Texas and New Mexico is expected to take a lead in restarting shale wells shut in over the past two months, as operators with stronger balance sheets and lower costs take advantage of a crude price recovery.

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