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Energy Market Assessment: Restoring upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360º

crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. lower-48-state crude oil production approached 13 million barrels per day (mmbd) five years ago (Figure 11, green dot). The rise to 160 rigs in January 2023 has production up at 118.5 Figure 11: U.S.

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. The spread between the two pricing points narrowed to 23 cents in March, the lowest since November 2023.

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Depletion Allowance for Oil and Gas Overview

Aresco

Prospective participants should consult with their personal tax professional regarding the applicability and effect of any and all benefits for their own personal tax situation. Oil and gas tax deductions 2023 did not change significantly from oil and gas tax deductions 2022.

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CanCambria Energy Corp. announces changes to management team and board

Oil & Gas 360º

Chris Beltgens Professional Biography Since March 2021, Mr. Beltgens has been President and Director of Somerset Energy Partners, a private South Texas-focused oil production company. From April 2016 to January 2023, he was the Vice President of Corporate Development for TAG Oil Ltd.,