TIPRO Reaction to Railroad Commission Proration Hearing
Austin, Texas – Today, the Railroad Commission of Texas will conduct an open meeting to discuss a motion to determine reasonable market demand for oil...
Exploration & Production
Pemex in No Position to Maintain Output Profitably Regardless of OPEC+ Requests
Following today’s news (Friday 10 April) that the OPEC+ agreement, which will cut production by ten million barrels, is contingent on Mexico’s consent to also...
No Easy Solutions to Petroleum Issues
by Alex Mills
The economic chaos facing the oil and natural gas industry in the United States is real and it is coming fast like a runaway locomotive...
Over US$50bn in Capital Expenditure Cuts Announced as Oil and Gas Companies Grapple with COVID-19 and Oil Price War
As the oil and gas sector comes to terms with decade-low oil prices and global disruptions caused by the coronavirus (COVID-19), company costs and investments...
TIPRO Partners With New Texas Methane & Flaring Coalition (TMFC)
Austin, Texas – The Texas Independent Producers & Royalty Owners Association (TIPRO) is a proud partner of the Texas Methane & Flaring Coalition (TMFC), a collaboration...
Global Gas Flaring Value Approaches US$24bn a Year if Priced at European Prices
Ten countries produced 80% of all flared gas, and their forgone revenue from failing to monetize the gas constituted over US$19bn in 2019, according to...
Permian Production Already a Victim of Oil Price War
Following the announcement that several key operators in the Permian Basin are significantly reducing capex or production in their positions as a result of the...
Chemical and Oil Companies to Slash Capex, Slowing Investment Wave
by Joseph Chang
In the wake of the coronavirus and collapse in crude oil prices, chemical, and oil and gas, and midstream companies will all slash capital spending...
Russian Oil and Gas Operators Emerge on Top Despite the Plummeting Oil Prices
Following the news that global oil prices plummeted to an 18-year low on March 18 as a result of the coronavirus-fueled demand shock and the...
Were Oil & Gas Producers Hedged For The Recent Price Collapse?
While energy markets continue to be volatile, fewer oil and gas producers have hedges in place than in prior years. In addition, a number of...