Archives for 2019
Drilling Down: Top Texas drillers of 2019
Exxon Mobil has unseated EOG Resources as the top driller in Texas. With crude oil prices stuck in the $50-to-$60 per barrel range most of the year, drilling activity was down in Texas by nearly...
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Permian Basin leads decline in U.S. oil and gas rig count
After increasing by 14 last week, the rig count has resumed its decline. Source: FuelFix
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Texas oil and gas activity contracted in fourth quarter
The Dallas Fed’s business activity index, a measure of oil and gas business conditions, rose but remained negative this quarter. Source: FuelFix
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Crude oil inventories dip as refineries boost production
The nation’s crude oil inventories dipped as refineries boosted production of gasoline, diesel and other products. Source: FuelFix
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Magnolia LNG's supply deal with Vietnam takes another step forward
A liquefied natural gas supply deal between the proposed Magnolia LNG export terminal in Louisiana and the Vietnamese government took a major step forward. Source: FuelFix
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