In: News

U.S. Oil Production Fell 150,000 Barrels Per Day in May
June 22, 2016

Posted in The Petroleum Truth Report on June 8, 2016 U.S. crude oil production fell 150,000 barrels per day in May and the…

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Oil at $85 by the end of the year: Rothman
June 20, 2016

While market watchers exclaim there’s a crude glut, that excess oil is nowhere to be found, according to Cornerstone Analytics’ founder….

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Deloitte: Oil and Gas Underinvests by $1 Trillion
June 18, 2016

A new study published Wednesday by consultants Deloitte finds that the oil and gas industry will need to make a minimum…

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Oil companies focus on production over exploration as low oil prices reduce value of new reserves
June 15, 2016

For the second consecutive year, oil companies worldwide produced more oil and natural gas than they added to their proved reserves,…

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U.S. rig count climbs for second straight week, still down by half from last year
June 14, 2016

The U.S. rig count posted another week of gains but is still hovering near-record lows. The number of oil and gas…

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U.S. shale oil output to dip for seventh consecutive month: EIA
June 13, 2016

U.S. shale oil output is expected to fall in July for the seventh consecutive month, according to a U.S. government forecast…

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Disintermediation Of Private Equity
June 11, 2016

BEAU STARK GIBSON DUNN OIL AND GAS resource funds are putting pressure on the traditional energy-focused private equity fund model. Promising to…

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Private Companies Dominate US Upstream M&A In Q1 2016
June 10, 2016

MARK YOUNG, EVALUATE ENERGY NEW ANALYSIS in Evaluate Energy’s M&A Review for Q1 2016 shows that privately held companies had a huge impact on the…

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Baker Hughes Announces May 2016 Rig Counts
June 7, 2016

HOUSTON–(BUSINESS WIRE)–Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2016 was 955 up 9 from the…

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SandRidge Energy Files for Bankruptcy Protection
May 16, 2016

Oklahoma City oil and gas company becomes latest victim of downturn in energy sector By: Erin Ailworth and Stephanie Gleason SandRidge…

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