It’s all about Karnes County. A new analysis from Austin-based Drillinginfo shows operators are pulling back overall on activity in the Eagle Ford Shale in South Texas. But companies increasingly are focused on Karnes County, long targeted by oil and gas operators as the best part of the field. Karnes County has had 15 to
Over the last month, the downward trend in prices for Houston has been more dramatic, falling 13.6 cents. The national average only fell 3.1 cents in that time, a decrease that was mostly wiped out over the last week.
Phillips 66 also will move forward with a $2 billion share buyback program. Nearly 80 percent of Phillips 66’s growth capital is directed toward its midstream expansions in pipelines, storage and export terminals.
Happy Columbus Day! While most markets are open in the US, our friends in the North are closed today to celebrate Thanksgiving, while both Japanese and Brazilian markets are also recognizing national holidays. In terms of economic data flow, our main tidbits have come from India, where September’s inflation data came in slightly higher than […]
Like it or not, the market is pricing carbon. When UK Bank of England governor Mark Carney warned last month that “there have already been a few high profile examples of jump-to-distress pricing because of shifts in environmental policy or performance” he was not just hysterically echoing the drumbeat of famous environmental thought leaders. He […]
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