Where is the Future of Oil and Gas?

RP Weekly Recap | May 3 – 7

Summary

As vaccine rollouts continue to increase, many questions about the future of oil and gas and its potential growth into the future begin to arise. Luckily, over the past few weeks, many oil and gas companies have been releasing their quarterly earnings, shedding light on what the future for fossil fuels might look like. This week’s articles feature sold acreage, new discoveries, and unique deals between companies so be sure to check out our highlighted articles to gain perspective into future hotspots and where the industry is headed. 


COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 156,233,888 (up from 150,699,821 last week)
  • Number of Cases (USA): 32,613,723 (up from 32,301,639 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News


Employment Updates


United States Rig Count

  • Up 8 from last week for a total of 448
  • Up 25.4% from one year ago
  • Statistics courtesy of Baker Hughes

RARE PETRO Updates

Content UpdatesNews PulsePodcast

  • Episode Four of our newest segment, Hydrocarbon History is available now! Join us as we explore the history of oil and gas to see what we might learn about hydrocarbon’s role in food security.

  • Episode Fifteen of The Industry Leader Spotlight Podcast is available now! Be sure to check out our interview with Debra Hall, President and CEO of Elementale Enterprises! 

  • A new episode of the Periodical Podcast is available now! Be sure to check out our discussion covering California Senate Bill 467 that attempted to upend and ultimately eliminate the oil and gas industry in the Golden State. 

  • This week’s Periodical explores President Joe Biden’s Earth Day Summit and details both the goals that Biden set and how the USA can potentially meet those goals. Included in this analysis is details about the future of natural gas production in electrical generation.

  • Episode 11 (Tackling the Data Monster Pt. 2) of the Modern Mobile Oilfield is available now! This series is a collaborative effort between world renowned author Geoffrey Cann and RP host Tavis Killian that will expand on topics covered in the book “Bits, Bytes, and Barrels”. This new segment is aimed at energy professionals at any level who are looking to better understand the future of a digital oilfield, and potentially implement these technologies into their company’s workflow. Be sure to watch or listen on all available platforms!


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