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Oil and Gas Investor Post Bankruptcy Strategies: The Great Wipeout

2021-04-13 10:00:00| OGI

In 2020, companies entered bankruptcy after a sudden plunge in oil and gas prices and, unlike the downturn six years ago, many emerged with nearly pristine balance sheets. But for what end?

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Report Shows Great Plains, Rockies Oil, Gas Drilling Ticks Higher

2021-04-09 21:02:42| OGI

Energy firms surveyed by the Kansas City Fed said crude oil prices would need to average around $53 per barrel for drilling to be profitable.

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US Drillers Add Gas Rigs, Hold Oil Rigs Steady This Week

2021-04-09 19:19:18| OGI

The combined oil and gas rig count rose two to 432 in the week to April 9, its highest since April 2020, Baker Hughes said in its weekly report.

Tags: add week hold gas

 

Upstream Oil and Gas Trends: Brightness on the Horizon?

2021-04-09 16:05:00| OGI

From COVID-19 vaccines to the rise in oil rigs and solidifying oil prices, here are some encouraging trends in the upstream oil and gas business, according to the president of Ralph E. Davis Associates, an Opportune company.

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Russian Oil Producers Struggle to Contain Gas Flaring, Document Shows

2021-04-09 15:01:50| OGI

The draft document shows utilization of associated petroleum gas, a byproduct of crude extraction, rose to 82.6% in 2020 from 81.5% in the previous year.

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