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Permian Highway Pipeline now in service | KOSA

ODESSA, Texas (KOSA) – The Permian Highway Pipeline has begun full commercial in-service to start the new year. According to Kinger Morgan Inc., the pipeline began full service on January 1. It will deliver natural gas to Katy, Texas, with connections to markets along the Gulf Coast and in Mexico. The pipeline aims to help […]

Read More Permian Highway Pipeline now in service | KOSA
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Noble’s midstream division finishes integration with Chevron – Greeley Tribune

HOUSTON and SAN RAMON, California — The arm of Noble Energy that manages transporting oil and gas from the well to the refinery says it has been fully integrated with Chevron Corp. (NYSE: CVX) after the oil giant closed its $5 billion acquisition of Weld County’s second-largest producer. Noble Midstream Partners LP (Nasdaq: NBLX) said […]

Read More Noble’s midstream division finishes integration with Chevron – Greeley Tribune
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Hart Energy’s DUG Midcontinent Virtual Conference | Day Two

Day 2! Right now, we are dialed in!

Hart Energy’s First-Ever Dug Midcontinent Virtual Conference

Read More Hart Energy’s DUG Midcontinent Virtual Conference | Day Two
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TXOGA’s Virtual Energy Summit, Powering Forward | Now Online

Texas Oil & Gas Association’s Virtual Energy Summit on July 21, 2020 is now available online. Oil Country Media tuned in live with over 1,000 participants to hear Texas Oil & Natural Gas industry leaders offer insight on the status of the industry. If you missed the live event, make sure to tune in and […]

Read More TXOGA’s Virtual Energy Summit, Powering Forward | Now Online
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Energy Transfer weighs crude storage in idle pipelines | Argus Media

US midstream company Energy Transfer is weighing a plan to store crude in idle pipelines as shippers scramble to find available storage.  The company is looking for ways to idle two pipelines in Texas by “moving product around” and use them as storage space by mid-May, Energy Transfer told Argus today. The two lines would provide about […]

Read More Energy Transfer weighs crude storage in idle pipelines | Argus Media
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Texas Oil at $2 a Barrel Raises Specter of Negative Prices | Bloomberg

(Bloomberg) — Crude prices in America’s oil capital are getting dangerously close to zero.Buyers bidding for crude in Texas, the birthplace of the shale revolution, are offering as little as $2 a barrel for some oil streams, a precipitous markdown from a month ago. The slumping value of physical barrels — Read on finance.yahoo.com/news/texas-oil-2-barrel-raises-120000398.html

Read More Texas Oil at $2 a Barrel Raises Specter of Negative Prices | Bloomberg

U.S. energy companies produce more oil even as they cut spending

U.S. shale energy companies are cutting their spending levels in 2019, but they’re still planning on increased oil and gas output as the nation continues to hit new production records. Shale energy companies plan to cut their capital spending by 5 percent on average after crude prices plunged late last year, even though Big Oil […]

Read More U.S. energy companies produce more oil even as they cut spending
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Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch

Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch — Read on http://www.marketwatch.com/story/oil-prices-rise-as-api-data-reportedly-show-a-surprise-decline-in-us-crude-supplies-2019-02-26

Read More Oil prices rise as API data reportedly show a surprise decline in U.S. crude supplies – MarketWatch

U.S. oil output to hit new record above 13 million bpd in 2020: EIA | Reuters

NEW YORK (Reuters) – U.S. crude oil output is expected to rise 1.45 million barrels per day (bpd) this year and 790,000 bpd more next year, bringing total output to 13.2 million bpd, the Energy Information Administration said in a monthly forecast on Tuesday.  U.S. oil production this year is forecast to be at a […]

Read More U.S. oil output to hit new record above 13 million bpd in 2020: EIA | Reuters
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December jobs report shows modest growth in Alaska’s oil and gas industry

Alaska has been in a recession for the better part of three years, and the state’s unemployment rate is the highest in the nation right now at 6.3 percent. Many sectors of the economy have been shedding jobs, but there are some signs that the losses are slowing. The state’s Department of Labor and Workforce Development released […]

Read More December jobs report shows modest growth in Alaska’s oil and gas industry