December 10, 2018:
OPEC+ Succeeds, What’s Next For Oil?
Oil prices spiked on Friday on news from Vienna. OPEC+ managed to pull off an el..
December 6, 2018:
World Bank Warns Of Extreme Volatility In Oil Markets
After several months of oil price rises and then a sharp reversal over the last..
November 27, 2018:
Goldman: Oil Prices Set For Rebound In 2019
Goldman Sachs believes that the price of oil and other commodities are set for a..
November 14, 2018:
Is An Oil Supply Crunch Inevitable?
Global oil demand will peak by 2040, according to a new report, although oil sup..
November 13, 2018:
Oil Prices Are Not Falling Off A Cliff Anytime Soon
We entered the fourth quarter of 2018 with some anticipation. Driving this was t..
November 8, 2018:
Big Oil Won’t Spend Despite Fat Profits
Higher oil prices are expected to leave the oil industry flush with cash, but th..
November 7, 2018:
The Truth About Iran Oil Sanction Waivers
The Trump administration has dropped the hammer, officially putting sanctions on..
October 23, 2018:
This Alliance Could Mark A New Era For Oil
Saudi Arabia and Russia could formalize a strategic partnership that would last..
September 28, 2018:
The Inevitable Oil Supply Crunch
“The warning signs are there – the industry isn’t finding enough oil.” That’s th..
September 25, 2018:
$100 Oil Is A Distinct Possibility
An oil price spike is starting to look increasingly possible, with a rerun of 20..
September 23, 2018:
Why Peak Oil Demand Doesn’t Matter
In the previous article, I discussed the natural gas projections from the recent..
September 18, 2018:
Russia And Saudi Arabia Confirm Long-Term Oil Partnership
Russia and Saudi Arabia will continue co-operating in the long term, including o..
September 14, 2018:
IEA: Tight Markets To Push Oil Prices Above $80
The oil market is “tightening up,” according to a new report from the Internatio..
September 11, 2018:
OPEC Outages Are Driving Up Oil Prices
Geopolitics is once again driving oil prices, and after a pause this summer, ten..
August 31, 2018:
Dividend settlements for the month of August will be ready on Tuesday, 4-9-2018 and will appear on your customer page
We wish everyone a good weekend. TEX OIL COMPANY
August 31, 2018:
Oil Rallies On Flurry Of Bullish News, prices have climbed 10 percent in the past two weeks
Oil is on track for a second consecutive week of gains, after two months of loss..
August 21, 2018:
Re-complete/workover – on the Hayes#2 has started
The rig was mobilized late Friday PM. Today we came out of the hole with the rod..
August 16, 2018:
All-Time Low Spare Capacity Could Send Oil To $150
While the oil market and analysts are trying to guesstimate how much Iranian oil..
August 14, 2018:
The Real Reason Behind The Next Oil Squeeze
The last quarter has seen increased volatility in oil prices, an increase that I..
August 13, 2018:
Global Oil Supply Could Become ‘’Very Challenging’’
The oil market has experienced a “cooling down” this summer as global supply dis..
August 10, 2018:
Our latest project is now ready for funding. Ritchie Waterflood unit
The plan is the do all workover on the first 6 wells, get them producing and flo..
August 8, 2018:
$90 Oil Is A Very Real Possibility
U.S. sanctions on Iran could push oil prices up to $90 per barrel later this yea..
July 25, 2018:
The Regulation That Could Push Oil To $200
Oil prices could spike as high as $200 per barrel over the next 18 months, which..
July 20, 2018:
Oil Prices Rebound As Saudis Expect Reduced Exports In August
Saudi Arabia is expecting a reduction in crude oil exports next month, despite e..
July 10, 2018:
U.S. Sanctions Could Add $50 To Oil Prices
The oil industry might not be able to produce enough oil to meet global demand i..
June 27, 2018:
Oil Jumps As Trump Asks Allies To Cut Off Iranian Oil
The Trump administration is going to extreme lengths to disrupt as much oil from..
June 26, 2018:
The Bullish Truth Of OPEC’s Agreement
Oil prices jumped 5 percent on Friday after the OPEC+ group announced its vague..
June 5, 2018:
We just got some updated pictures from the st. martin well we are working on at this time….looks good
SE LLC -Operation - NS RA SUA, St Martin B&C CO. ET AL NO.1 rev
May 19, 2018:
New pictures from the st.martin well location
Area has been cleaned up, and new pump unit is being installed, everything is go..
May 17, 2018:
OPEC Won’t Stop When Oil Hits $80
OPEC is not in a rush to start winding down the production cuts despite oil pric..
May 15, 2018:
OPEC: The Oil Glut Is Gone
OPEC said that the global oil supply surplus has nearly been eliminated, althoug..
May 14, 2018:
$100 per barrel in 2019 – Higher Oil Prices Look Likely
The path to higher oil prices seems pretty clear, but it isn’t inevitable. There..
May 8, 2018:
Trump Tears Up The Iran Deal
Oil markets saw extreme volatility on Tuesday, with prices originally crashing o..
May 8, 2018:
Why Oil Prices Are Likely To Go Higher
WTI just hit $70 per barrel for the first time since late 2014. Prices continue..
May 4, 2018:
Could Oil Actually Hit $300?
Speculating on the price of oil is a favorite pastime in certain circles, and th..
May 1, 2018:
Oil Prices Spike As OPEC Compliance Hits New Record
OPEC’s oil production continues to decline, hitting a one-year low in April. Com..
April 20, 2018:
OPEC Panel Confirms The Oil Glut Is All But Eliminated
A meeting of the Joint Technical Committee (JTC) of the OPEC and non-OPEC oil pr..
April 19, 2018:
$100 Oil Is Back On The Table
Oil prices will rise to $100 per barrel if Saudi Arabia gets its way. Read more.
April 10, 2018:
Why Oil Prices Just Rallied To $70
The price of a Brent barrel surpassed the $70 mark in morning trading on Tuesday..
March 13, 2018:
44 Things You Didn’t Know About Oil
Whenever you see a headline like this, you know it will go along the lines of “d..
February 23, 2018:
Saudi Arabia Wants $70 Oil
As the global oil inventory surplus narrows and the goal of the OPEC cuts is wit..
February 17, 2018:
Is This The Future For OPEC?
OPEC and Russia, along with other countries participating in the oil production..
February 16, 2018:
The Most Bullish Indicator For Long-Term Oil Demand
The rise of electric vehicles has prompted many analysts to start trying to pinp..
January 10, 2018:
Oil Prices Rise After API Reports Staggering Crude Oil Draw
The American Petroleum Institute (API) reported a staggeringly large draw of 11...
January 4, 2018:
Oil Rises As API Reports Major Draw In Crude Inventories
The American Petroleum Institute (API) reported a draw of 4.992 million barrels..
January 2, 2018:
U.S. Shale Can’t Offset Record-Low Oil Discoveries
The U.S. shale resurgence has been one of the main themes in oil markets this ye..
December 28, 2017:
Oil Discoveries At Lowest Point Since The 1940s
The oil industry discovered the least amount of oil in 2017 in almost eight deca..
December 22, 2017:
We wish you a Merry Christmas & a Happy New Year
we are looking forward to an exciting 2018
November 22, 2017:
Oil Prices Rise After API Reports Major Crude Draw
The American Petroleum Institute (API) reported a draw of 6.356 million barrels..
November 17, 2017:
IEA: Oil demand on a rising trajectory by 2040
According to the International Energy Agency’s World Energy Outlook 2017, up unt..
November 14, 2017:
The War That Would Transform Oil Markets
A fire erupted at an oil pipeline connecting Bahrain and Saudi Arabia, and the t..
September 28, 2017:
Oil Prices At A Ceiling, Or Just Getting Started?
Oil moved back into bull market territory this week, with Brent prices jumping t..
September 19, 2017:
IEA: Price Spike Coming In 2020
The oil market has been awash in crude for more than three years, and OPEC has s..
September 16, 2017:
Soaring Demand Drives Oil Market Recovery
It has been a bullish week in oil. Rig counts dropped, WTI broke $50, demand has..
September 14, 2017:
The Most Bullish Oil Report This Year
Despite the huge uncertainties related to the two massive hurricanes that hit th..
September 13, 2017:
Oil Prices Rise After API Reports Largest Gasoline Draw On Record
The American Petroleum Institute (API) reported a build of 6.181 million barrels..
September 1, 2017:
OPEC Compliance Hits 89 Percent In August
Output from the Organization of Petroleum Exporting Countries (OPEC) fell by 170..
August 29, 2017:
Russia And Saudi Arabia Plan To Extend Outputs Cuts Through June
Oil producers in Russia and Saudi Arabia are pushing to extend the Organization..
August 16, 2017:
Oil Prices Rise As API Reports Huge Crude Inventory Draw
The American Petroleum Institute (API) reported a major draw of 9.2 million barr..
August 12, 2017:
BP#1 is making 65 BBL/day
The BP#1 made 65 bo and +/- 187 bw, flowing at 175 psig on a 5/64’s. See attache..
August 11, 2017:
Oil Futures Point To Higher Oil Prices
The EIA reported another strong week of inventory declines in its most recent da..
August 9, 2017:
Saudi-Arabien vil formentlig skære i olieeksport i september
Det saudiarabiske olieselskab Aramco vil efter forventninger ikke levere lige så..
August 8, 2017:
Venezuela Rebellion Could Send Oil To $80
Venezuela’s deteriorating crisis is “going to be the biggest geopolitical story..
August 7, 2017:
BP#1 well – Recomplete has begun of the well, to get it back producing
The rig was moved on location Sunday and has begun work on the recomplete in the..
August 4, 2017:
The oil producing countries need these prices to balance their state budgets
OPEC can no longer afford to ride out a wave of low oil prices that could last u..
August 4, 2017:
Is The EIA Exaggerating U.S. Oil Production?
Oil is back at $50 per barrel, restoring some semblance of confidence in the mar..
July 28, 2017:
Electric Vehicles No Threat To Oil Prices Anytime Soon
Hardly a day goes by without another media report about the impending demise of..
July 26, 2017:
Will The UAE Further Boost Its OPEC Compliance?
Following Saudi Arabia’s pledge to do the same, the United Arab Emirates announc..
July 26, 2017:
Oil Prices Leap Higher After API Reports Huge Crude Draw
The American Petroleum Institute (API) reported a huge draw of 10.23 million bar..
July 25, 2017:
Saudis To Take ‘Significant’ Measures To Bolster Oil Prices
At the meeting of OPEC and non-OPEC producers in St. Petersburg on Monday, Saudi..
July 11, 2017:
The Major Wildcard That Could Send Oil To $120
The latest rally in oil prices ran up against a wall yet again, and the same fea..
July 6, 2017:
Only $60 Oil Can Save The Aramco IPO
The OPEC deal is in crisis. All oil price gains derived from the 1.2 million-bar..
July 5, 2017:
Markets Overcome The Crash: Oil Rally Continues
Fueled by a bout of short covering, oil prices continue to climb towards $50 as..
June 21, 2017:
The Fourth Industrial Revolution Is Fueled By Oil
Artificial intelligence is already here, with algorithms replacing traders on Wa..
June 16, 2017:
Oil Prices Are Set To Rebound
The latest selloff in oil prices have left speculators in a predicament: The fun..
March 7, 2017:
IEA forecasts possible oil undersupply, price spike after 2020
Global oil supply could struggle to keep pace with demand after 2020, risking a..
February 10, 2017:
Oil Rises As Bullish Sentiment In Markets Persists
Oil prices are moving back toward the top of their recent trading range, looking..
January 23, 2017:
$25 Trillion Investment Needed To Meet Future Oil Demand
The world needs to invest US$25 trillion in new oil-producing capacity over the..