Oil companies keep paying for Permian land; ‘High-water numbers,’ analyst says
Oil companies continue buying acreage in West Texas’s prolific Permian Basin. This time, it was Denver’s SM Energy, announcing Tuesday it was picking up 35,700 acres in Howard and Martin counties, north and west of...
Click here 0 2,562
Compensation for solar power not enough, nonprofit report finds
Utility customers around the country who rely on individual solar power generation could be under-compensated by their local utility companies, according to research compiled by Environment Texas and released this week. Forty-one states in the U.S. offer...
Click here 0 2,506
Halliburton reports tiny profit as the oil bust begins to fizzle out
Oilfield services giant Halliburton on Wednesday reported a small profit and a stable workforce for the first time this year as the nearly two-year oil bust begins to fade. The Houston company said it earned...
Click here 0 2,457
Market Currents: India’s growing significance
It is a quiet day in the oil market today, with a wee bit of movement in the dollar offsetting the ongoing helium-like influence of OPEC. We get another set of weekly EIA inventory data...
Click here 0 2,552
U.S. shale plays see slowest production decline in over a year, EIA says
The steep slide in oil production across major U.S. shale plays is moderating as drillers send more machines back into the oil patch, the Energy Information Administration says. In a report this week, the EIA...
Click here 0 2,650
