Factors affecting oil prices are widely fluctuating which makes it tough to speculate what the price per barrel will be year over year. Aside from simple supply and demand, oil prices are affected by trends in geopolitics, weather, and technology. So how does the day-to-day price of oil affect mineral rights and royalty owners? In […]
Mineral rights are defined as the property rights to exploit an area of land for the minerals that it harbors. Buying mineral rights or royalties is a highly profitable investment if done correctly. We’ve created this quick guide to help you understand the purchasing process, however, the best way to learn about how to buy mineral […]
To understand the current shale boom, we take a step back in time to explore the history of oil in Texas… The Permian Basin story. “Earlier this year, I drove to the site of Santa Rita No. 1. Named after the patron saint of impossible dreams, the Santa Rita was the oil well that launched […]
Oil prices rose slightly Monday on hopes energy demand will benefit from the trade deal between the United States and China. Brent crude oil futures rose 16 cents to $65.37 a barrel, while West Texas Intermediate crude rose 14 cents to settle near a three-month high of $60.21 a barrel. Read the full article here Source: […]
In a state that produces more crude and more natural gas than any other, is it any wonder the sun rises and sets on the price of West Texas Intermediate? In this live conversation, we sit down with industry professionals and local officials for a conversation on the state of play in Texas’ oil and […]
The American fracking for oil and natural gas boom will continue on through the 2020s. And why not? Since fracking took off in 2008, we have more than doubled our proven oil reserves to ~65 billion barrels. Natural gas reserves have surged over 80% to ~430 trillion cubic feet. Read the full article […]
U.S. shale oil production will continue growing. Despite a decline in the number of drilling rigs in the U.S. shale patch since the start of the year, the number of spudded wells has not fallen significantly. Read the full article here Source: Oilprice.com
Dallas Cowboys owner Jerry Jones is doubling down on a forlorn corner of the U.S. shale patch. He is calling Louisiana’s Haynesville play the best for low-cost hydrocarbons and saying he’s hunting for more gas assets there. The billionaire owner of America’s Team is no stranger to contrarian investments. The serial entrepreneur generated enough money […]
Natural gas is the cleanest, most versatile, and most flexible fossil fuel. This all explains why gas today provides a rising 30 percent of the energy used in the rich OECD economies. Now, the still developing countries – which constitute 85 percent of the global population – hope to follow the Western model in making […]
U.S. oil producers have said they plan to slow production to reduce supplies and thus boost the costs. But experts say that oil production will stay ramped up into 2020, and will slow later next year and after. Read the full article here Source: Toledoblade.com
