In a spooky week in oil, Third Quarter results were released for some of the worlds largest and most powerful oil and gas companies and there were some surprising results. Low prices, reduced production, and slashed operating costs forced companies like ExxonMobil and Chevron to report massive losses while others like Shell and BP surprised investors and the world by turning a profit during a tumultuous third quarter.
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis highlight the second wave of coronavirus cases in many major developed oil-consuming economies has rekindled fears that
Ashley is the co-founder and President at Black Mountain-International. She has a B.S. in Petroleum Engineering and Masters in Energy Law from the University of Oklahoma and a MBA from
A second wave of the coronavirus pandemic is tearing its way through Europe and there is no question whether or not the rest of the world will eventually follow. The surge in coronavirus cases in many major developed oil-consuming economies has rekindled fears that oil demand recovery is again off track, and market balancing is still further away. Luckily, those fears are misplaced as a second wave of shutdowns may not take as large of a dent out of global demand as individuals have begun to resume their day to day lives. Therefore, global oil demand recovery will not be derailed as fear of the virus is likely not going to keep people locked up anymore.
In this episode your host Tavis launches into what he could uncover about the history of Pioneer and Parsely, the way Iran and Iraq are working to swindle the markets,
Alrighty Petroleum People! This is the second episode of a new series that will expand on topics covered in the book “Bits, Bytes, and Barrels” with author Geoffrey Cann and
This week, two major U.S. shale acquisitions were officially announced when ConocoPhillips announced their acquisition of Concho Resources and Pioneer Natural Resources announced their agreement to acquire Parsley Energy. The Pioneer all-stock transaction valued at $4.5 Billion (inclusive of Parsley’s debt increases the value to $7.6 Billion) is significantly less than the all-stock transaction of the ConocoPhillips deal valued at $9.7 Billion (inclusive of Concho’s debt increases the value to $13.3 Billion) but is significant nonetheless. Major moves in the U.S. oil and gas sector indicate that consolidation is the future.
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis reveal that falling oil prices and a surge in green energy policies have breathed new life into
In this episode your hosts Tavis Kilian and Kevin Olson recap September news revolving around Colorado sound standards, Biden’s confusing policies, what setbacks really mean for state revenue, and weed
Falling oil prices and a surge in green energy policies have breathed new life into an old idea: to nationalize the fossil fuel industry. The problem is, nationalizing oil and gas would be a radical step, and alone it would not be enough to deliver a comprehensive energy transition that can meet climate goals as well as the social objectives of the Green New Deal. While calls have been made to nationalize oil and gas development in the U.S., the inefficiency of government oversight cannot do a better job than private enterprise at developing and managing these natural resources.
In this episode your host Tavis is actually on vacation, but his past self is speaking about new merger gossip, the property clash between the Philippines and China, and the
A wild week in oil news saw some of the world’s top analytics firms’ predictions on the future of the oil and gas industry in the United States be overshadowed by the possibility of a massive merger between two shale powerhouses and approval of an expansion for the Dakota Access Pipeline. As temperatures begin to cool off into the winter season, election season is causing the oil industry to heat up.
In this week’s episode of the Periodical Podcast, your hosts Kevin and Tavis investigate how the price spread between the world’s most traded crude oil blends and the most actively
Neel Duncan is a senior project development and asset management executive at Integrated Petroleum Technologies. Between working for large E&P companies like ExxonMobil, international organizations like Gazprom, consulting for independent
The Permian Basin | September 2020 Field Overview Located in West Texas, the Permian Basin has been producing oil for over 100 years. It leads the US in oil production
The Powder River Basin| September 2020 Field Overview The Powder River Basin, known for its coal deposits, is located in Southeast Montana and Northeast Wyoming. The basin is named so
The DJ/Niobrara Basin| September 2020 Field Overview Located mainly in the Northeast of Colorado, the Denver-Julesburg Basin consists of five main oil-producing formations: Niobrara sections A-C, Codell, and Greenhorn. These
The Marcellus Shale| September 2020 Field Overview The Marcellus Shale is the largest gas play onshore in the US. Located in the Northeast, it supplies the high demand markets along
The Bakken Shale| September 2020 Field Overview Named after Henry Bakken, the farmer who owned the land where oil was originally discovered, the Bakken Shale is located in North Dakota,
The SCOOP/STACK Basin | September 2020 Field Overview Ranking 6th in oil production and 3rd in natural gas production, the SCOOP/STACK play is one of the largest fields within the