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

Oil & Gas 360ยบ

That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S. million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. million barrels last week, its highest level in four months.

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EIA Report โ€“ Product Prices and Pipeline News

The Energy Law

The Energy Information Agency reported as follows in its September 13, 2007, report: Since Wednesday, September 5, natural gas spot prices increased as tropical storms threatened to disrupt supplies and pipeline explosions in Mexico stirred concerns of supply security. projects meet full output capacity.

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Valor | Energy Connection โ€“ Feb. 24, 2025

Valor

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Stay tuned for weekly updates to keep you well-informed. per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. million barrels Summary : U.S.

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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

This was primarily due to higher throughput and higher rates across our Gulf Coast and Mariner East pipeline operations and we also had strong NGL exports and increased profits from the optimization of hedged NGL inventory. The increase was primarily due to increased gains related to pipeline and storage optimization opportunities.

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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producersโ€™ Gross Proceeds

The Energy Law

Specifically, the lessors discovered that the lessees sold oil under contracts that calculated the sales price by taking an index price at market centers downstream from the point of sale and subtracting eighteen dollars per barrel for the purchaserโ€™s anticipated post-sales costs. Communications include firm news, insights, and events.

Royalty 98
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Software Is the Missing Piece to Oil & Gas Digital Transformation

Coolfire Core

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. Similarly, accidents from pipeline leakage to oil spills can incur large fines and significant reputational damage.

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OSHA Awards Damages for Retaliatory Discharge of Jones Act Seaman in Violation of Seamanโ€™s Protection Act

The Energy Law

255 suffered an explosion and fire while transporting roughly 2,000 barrels of oil off Port Aransas, Texas. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. On October 20, 2017, Bouchard Transportationโ€™s ATB BUSTER BOUCHARD/B.