Friday, September 9, 2011
Oil and Gas by the Numbers 09/09/11
As the stock markets start to slide today we can see a change in the commodities. Oil is at $87.29 /barrel currently, and slowly climbing. While I have yet to read through the speech from the president I have heard the buzz all over town, everyone wants to know how it will affect the current oil shale boom. Obama's plan is now on my things to read list. At any rate the industry has pulled up the reins just a little ahead of this news. The US rig count has dropped as well as the new applications to drill. One might look at the holiday impact for numbers dropping over the last week also, the recent weather systems have impacted the crude stockpiles, giving the market room for a rise in the price of oil.
LA: 150 (-2)
OK: 203 (+8)
ND: 182 (+2)
PA: 113
NM: 85 (-1)
CO: 77 (+2)
WY: 50 (-1)
CA: 48
UT: 23 (-4)
AK: 8 (+1)
WV: 21 (+1)
MT: 5 (-1)
For the rig count in other states: Baker Hughes Rig Count by State
TX: 251
ND: 24
MT: update not available
WY: 34 (4 new Niobrara)
US Average: $3.671/gallon
US Low: SC $3.408/gallon
US High: HI $4.158/gallon
Rig Count
09/09/2011
USA: 1958 (-10)
TX: 884 (-14)LA: 150 (-2)
OK: 203 (+8)
ND: 182 (+2)
PA: 113
NM: 85 (-1)
CO: 77 (+2)
WY: 50 (-1)
CA: 48
UT: 23 (-4)
AK: 8 (+1)
WV: 21 (+1)
MT: 5 (-1)
For the rig count in other states: Baker Hughes Rig Count by State
New Applications to Drill
09/02/2011 through 09/08/2011
TX: 251
ND: 24
MT: update not available
WY: 34 (4 new Niobrara)
Gasoline Prices
09/09/2011
US Average: $3.671/gallon
US Low: SC $3.408/gallon
US High: HI $4.158/gallon
Thursday, September 8, 2011
Sandridge Energy Posts new Presentation
SandRidge Energy has posted its presentation from the Barclay conference. The presentation can be opened from the following link: SandRidge Energy Presentation from Barclay Conference
Wednesday, September 7, 2011
More Hiring for Chesapeake
More Hiring for Chesapeake - News, Sports, Jobs - The Intelligencer / Wheeling News-Register
One should also note that Nomac is hiring in the Williston Basin as well.
One should also note that Nomac is hiring in the Williston Basin as well.
Tuesday, September 6, 2011
Who's who is the US Natural Gas producers
If your looking for a quick bit of information about the major players in the US natural gas industry, this is the link for you.
Who are America's top 10 gas drillers?
Who are America's top 10 gas drillers?
Murphy Oil to exit Refinery business
Valero Energy to pick up the Murphy Oil asset. At first glance it may appear there is a small movement in this direction as Sunoco also looks to let go of there refinery assets.
Murphy Oil selling refinery in Meraux to Valero Energy
Murphy Oil selling refinery in Meraux to Valero Energy
Sunoco to sell refineries
Sunoco will focus on assets with a quicker turn around.
Sunoco to sell refineries - Business Wire - SunHerald.com
Sunoco to sell refineries - Business Wire - SunHerald.com
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