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Nov 20, 2024 | 
spglobal.com | Starr Spencer
New Mexico's latest monthly state oil and gas lease sale attracted $5.5 million in high bids Nov. 19 -- lower than the last few sales but higher than others earlier in 2024, post-auction records released by the State Land Office showed. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Oct 31, 2024 | 
spglobal.com | Jeff Mower |Starr Spencer |Binish Azhar
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Upstream Crude production in the Permian Basin is growing, but pipeline capacity growth out of the West Texas/New Mexico play is lagging.
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Oct 23, 2024 | 
spglobal.com | Starr Spencer
While the renewable energy market continues to grow amid what is thought to ultimately be a transition away from oil and natural gas, demand for energy continues to mount and should increase by double-digits between now and 2040, Baker Hughes CEO Lorenzo Simonelli said Oct. 23. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Oct 18, 2024 | 
spglobal.com | Jasmin Melvin |Zack Hale |Taylor Kuykendall |Starr Spencer |Anna Mosby
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Metals | Upstream For this week's episode, Energy Evolution presents an episode of the Commodities Focus podcast, another show in the network of S&P Global Commodity Insights' podcasts. Political experts say Nov. 5 will likely become known as one of the most pivotal elections in US history.
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Oct 14, 2024 | 
spglobal.com | Jasmin Melvin |Starr Spencer |Taylor Kuykendall |Zack Hale |Anna Mosby
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Upstream Political experts say Nov. 5 will likely become to be known as one of the most pivotal elections in US history. Whether Donald Trump or Kamala Harris wins the presidency, and whether Republicans or Democrats control Congress, the energy sector faces major potential shifts.
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Sep 25, 2024 | 
spglobal.com | Starr Spencer |Jeremy Beaman
A curtain of pessimism appears to have settled over the US oil and gas industry in the third quarter as presidential election uncertainties loom and operators weather a challenging commodity price environment, according to the Dallas Federal Reserve Bank's latest energy sector survey released Sept. 25. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Sep 10, 2024 | 
spglobal.com | Starr Spencer |Binish Azhar |Janet McGurty
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Natural Gas | Refined Products | Upstream Highlights Producers shut in 412,000 b/d of oil output Ports close in Brownsville, Corpus Christi Calcasieu Refining shuts down Lake Charles plant US Gulf Coast drillers were shutting in oil and gas production, and ports were starting to close Sept.
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Sep 3, 2024 | 
spglobal.com | Starr Spencer
Even as a few deepwater drilling or development programs previously slated for 2024 have been pushed back by months or even into the new year, current oil prices and economics of offshore projects remain strong, the top executive at a large global deepwater driller said Sept. 3. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
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Aug 29, 2024 | 
spglobal.com | Starr Spencer
Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Natural Gas | Upstream Highlights Shale basins a hodgepodge of small rig declines, increases Haynesville has fewest rigs since Q4 2020, save for one week US oil supply could beat analysts' targets The US oil and natural gas rig count fell by four to 633 rigs for the week ended Aug.
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Aug 20, 2024 | 
spglobal.com | Starr Spencer
A single bidder cleaned up during the most recent New Mexico state oil and gas lease sale Aug. 20, winning seven of eight tracts offered, according to the state's Land Office records, as the agency continued to place minimal numbers of parcels up for auction while awaiting a controversial legislative decision. Not registered? Receive daily email alerts, subscriber notes & personalize your experience.
