Updated: July 25, 2022 Made for those who are new in this industry, oil and gas leases for dummies is a quick guide on some of the basic ins and outs of the industry’s most commonly asked questions. Below, we will outline some beginner-friendly information in order to give you a good foundation for understanding […]
Oil jumped more than 3% on Monday as the Federal Reserved announced aggressive asset purchases to support markets. The central bank said it will continue to purchase Treasury securities and agency mortgage-backed securities Traders are hoping that this additional support will put a floor under oil prices Read the full article here Source: […]
U.S. oil jumped more than 23% on Thursday for its best day on record, as it clawed back more than half of the losses from Wednesday’s swoon. As tensions between the two countries escalate, President Donald Trump said the U.S. could intervene, which contributed to oil’s gains in afternoon trading. Read the full […]
NEW YORK (Reuters) – Oil prices jumped over 8% on Tuesday, bouncing from the biggest rout in nearly 30 years a day earlier On Monday, U.S. President Donald Trump pledged “major” steps to gird the U.S. economy against the impact of the spreading coronavirus outbreak. Japan’s government said it planned to spend more than $4 […]
Saudi Aramco is stuck in an unprecedented price war and may need to sell a stake in its pipeline business to raise capital, Bloomberg reported on Monday. The precipitous drop in oil prices through the month has the world’s largest producer strapped for cash ahead of some massive payments. Read full article here Source: Business […]
Are you interested in acquiring oil and gas royalty payments? Then you’ll need to know how you can get them. Oil and gas royalties are payments that a person or entity will receive. They will receive it if they own the mineral rights. Another way is if they assist in the extraction process of a […]
If you think there might be oil on your property, then grab your shovel and start digging. Just kidding, that’s not only ineffective, but could be potentially dangerous. In this brief article, we are going to go over the different ways in which you can find out if there is oil on your land as […]
Prices are rising for Brent and WTI crude. The gains follow steep losses and a warning on global demand from the International Energy Agency that says global demand is in “free fall.” Bloomberg’s Su Keenan reports on “Bloomberg Daybreak: Asia.” (Source: Bloomberg) Brent crude climbed $3.57, or 5.5%, to end the session at $68.75 a […]
Do you know what’s contrary to the doomsayers and naysayers of the oil and gas industry? What do you see when you keep watching on TV? When you are reading about it in the paper? You got it right! It is STILL POSSIBLE to generate a strong double-digit return at current commodity pricing. As all […]
An overriding royalty interest is a type of royalty interest payment that is very common in the oil and gas industry. In this article, we will explain what an overriding royalty interest is. Moreover, how it is different from a traditional royalty interest. Then lastly, how to determine the value of an overriding interest for […]
