Entries by Ranger Land and Minerals

Goldman Sachs: Return Of Iranian Oil Won’t Shock Markets

Iranian oil potentially returning legitimately to the market. It will not be a shock. The complete return will not take place at least until the summer of next year. This is from the statement of Goldman Sachs says as the U.S. is taking part in indirect talks about the so-called Iran nuclear deal. “With OPEC+ […]

Can Venezuela’s Oil Industry Really Rebound?

There are signs that the crisis engulfing Venezuela’s shattered petroleum industry could start to ease. In a recent televised address, Venezuela’s President Nicolas Maduro stated that Venezuela was open for oil investment from the U.S. and around the world. That coupled with earlier plans to open the Latin American country’s state-controlled petroleum industry to private […]

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How to 1031 Exchange Conservation Easements into Mineral Rights & Royalties

In the United States, conservation easements allow private investors and entities to take control of a parcel of land. From here, they can maintain or improve the land. Across the country, conservation easements set up and purchase is available. Usually by sustainability-conscious investors to improve water quality. Moreover to perpetuate the growth of forests, protect […]

Oil Majors Concern | Is Natural Gas Still A Safe Bet?

Increased scrutiny over the environmental impact of natural gas—a key source of methane, which is a much more harmful greenhouse gas than carbon dioxide—has some industry analysts questioning the long-term prospects of global gas demand in the energy transition. Big Oil has bet big on natural gas developments in the past decade, expecting incessant growth […]

Offshore Oil & Gas Spending Set To Jump To $44 Billion In 2021

Last year is the lowest spending on new field developments in 30 years. The offshore oil and gas sector is set to increase capital expenditures significantly. Upstream oil & gas spending will to surge to around US$44 billion this year. This is in comparison to just US$12.3 billion. It is worth of engineering, procurement, and […]

Big Oil’s Hottest Prospects In 2021

Judging by the first 3 months of 2021 it seems that this year has gone off to a wrong start. Instead of economic rebounds, we face the third rendition of a market slump. Nevertheless, 2021 will become much more prolific in oil discoveries than 2020. Many of the wildcats initially planned for 2020 were moved […]

Permian Production Set To Rise Despite Shale Decline

Oil production from the seven largest U.S. shale regions is set to decline by 46,000 barrels per day (bpd) in April, but output in the biggest and most prolific basin, the Permian, is expected to eke out a production gain next month, EIA data showed. According to the EIA’s Drilling Productivity Report, shale production is […]