Brent fell $3.31/bbl last week to average $59.53/bbl. WTI fell $2.64/bbl to average $51.17/bbl.
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Ashley Petersen, Stratas Advisors
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Oil prices stabilized but the industry anticipates OPEC’s next move. Meanwhile, BP and Equinor aren’t changing their growth plans in the face of price declines. And, is Whitewater Midstream about to make a pipeline sale in the Permian?
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This video focuses on the source of the Boom - the rocks, as told by operators and service companies on location in the Permian Basin.
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Brent fell $4.18/bbl last week to average $62.84/bbl. WTI fell $3.15/bbl to average $53.81/bbl.
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Ashley Petersen
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Gretchen Watkins, who will take over as head of Shell’s U.S. business at the end of the year, talked with Hart Energy’s executive editor-at-large Leslie Haines during the recent Executive Oil Conference in Midland, Texas.
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Leslie Haines
What’s Affecting Oil Prices This Week (Nov. 19, 2018)?
Stratas Advisors expect Brent oil prices to average $66 a barrel this week, partly benefiting from a slow trading week in the U.S. due to the Thanksgiving holiday.
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Ashley Petersen
HEADLINES: Oil Prices’ Bumpy Ride
Meanwhile, natural gas prices made a spectacular climb plus OPEC considers production cuts, TransCanada reviews Keystone XL decision and Weatherford stock drops below $1.
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Brent fell $3.25/bbl last week to average $71.64/bbl.
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Ashley Petersen
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Voters in Colorado, Washington and Arizona this week rejected efforts to curb oil and gas usage, but new battles loom. Also, Vantage Energy agreed to buy QEP Resources’ Williston Basin foothold.
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Brent fell $2.50/bbl last week to average $74.89, right in line with our expectations. WTI fell $2.40/bbl to average $65.07.
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Ashley Petersen
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Chesapeake Energy and Encana made headlines this week with multibillion-dollar acquisitions. Also, crude oil and natural gas production hit new records and the industry is watching initiatives on the ballot in Colorado and Washington state next week...
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Also, why Mexico's president-elect criticized Pemex and a private company consortium expects to win the lease for a wind farm offshore California.
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