Page 16 - Apache Corp News Today

Wall Street is finally turning bullish on oil once again, with some analysts predicting that oil prices could break $100 this year

E&P - Natural Gas Intelligence

Natural gas price transparency and key news, insights, and price index data for the North American energy markets

The president has the power to reform the wayward Tennessee Valley Authority. It’s a bigger deal than you think.

The oil markets are poised to end 2021 on a relatively high note, as concerns of Omicron impacting global demand in the same way that Delta did turned out to be overblown

Kinder Morgan Inc. (KMI) is monitoring some of its reservoirs in the Permian Basin after crude oil production volumes dipped a bit during the second quarter, management said.

Sharply lower natural gas prices in 2012 from 2011, used under required 12-month average price tests, resulted in significant negative revisions for many domestic gas- and liquids-weighted producers, rendering some current projects uneconomic and pushing a boat load of proved undeveloped reserves (PUD) out of the five-year development window, according to an analysis by Fitch Ratings.

Texas is witnessing a surge in earthquakes from drilling in a development that could shift the oil and gas industry.

Natural gas powers the majority of electricity in Texas, especially during winter. Some power companies say the state’s gas system is not ready for another deep freeze.

Energy experts say Texas’ grid remains vulnerable, largely because newly written regulations allowed for companies to avoid weatherization improvements.