The United States produces more barrels of oil than any other country in the world. Within the US border, no state produces more oil than Texas, and this is by a landslide. In fact, according to the U.S. Energy Information Administration, oil production in Texas produces over 3 times as many barrels as North Dakota, […]
https://www.rangerminerals.com/wp-content/uploads/2020/06/texas.png5391030Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2020-06-05 07:28:322023-09-28 14:09:42Oil Production in Texas
Stockpiles of U.S. oil inventories dropped for the second straight week, the Energy Information Administration reported. Oil prices remained higher following the report, with WTI futures climbing more than 3%. Oil inventories fell by about 5 million barrels for the week ended May 15, the EIA said. That compared with expectations for a build of […]
https://www.rangerminerals.com/wp-content/uploads/2020/06/oil-inventories.png5391030Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2020-06-04 07:00:002023-09-28 14:10:05Oil Inventories Dropped by 5M Barrels Last Week – EIA
Mineral rights and oil and gas leases tend to be a bit more complicated than ordinary surface rights leases. When you sell or lease a home, there is a pretty obvious boundary (oftentimes marked by a fence) that designates what the lessee can control. Below the surface, however, the spaces occupied by precious mineral reserves […]
https://www.rangerminerals.com/wp-content/uploads/2020/06/pooling-joint-unitization-o.png5391030Ranger Land and Mineralshttps://www.rangerminerals.com/wp-content/uploads/2020/02/ranger-land-and-minerals-logo.pngRanger Land and Minerals2020-06-03 07:00:122023-09-28 14:10:18Pooling, Unitization, and Joint Oil and Gas Leases
Oil Production in Texas
Industry, InformationalThe United States produces more barrels of oil than any other country in the world. Within the US border, no state produces more oil than Texas, and this is by a landslide. In fact, according to the U.S. Energy Information Administration, oil production in Texas produces over 3 times as many barrels as North Dakota, […]
Oil Inventories Dropped by 5M Barrels Last Week – EIA
IndustryStockpiles of U.S. oil inventories dropped for the second straight week, the Energy Information Administration reported. Oil prices remained higher following the report, with WTI futures climbing more than 3%. Oil inventories fell by about 5 million barrels for the week ended May 15, the EIA said. That compared with expectations for a build of […]
Pooling, Unitization, and Joint Oil and Gas Leases
Industry, InformationalMineral rights and oil and gas leases tend to be a bit more complicated than ordinary surface rights leases. When you sell or lease a home, there is a pretty obvious boundary (oftentimes marked by a fence) that designates what the lessee can control. Below the surface, however, the spaces occupied by precious mineral reserves […]