• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 5 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 9 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 8 days Energy Armageddon
  • 1 day "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 3 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 4 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 3 days "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 1 day Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 4 days The Federal Reserve and Money...Aspects which are not widely known
  • 18 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 5 days Goldman Betting on Cryptocurrencies
  • 8 days Сryptocurrency predictions
  • 13 days Putin and Xi Bet on the Global South
The U.S. Shale Boom Is Officially Over

The U.S. Shale Boom Is Officially Over

While U.S. oil and gas…

Russian Hackers Target Dutch LNG Terminal

Russian Hackers Target Dutch LNG Terminal

Russian hackers appear to be…

Are Oil And Gas Lobbyists Influencing The COP Summits?

Are Oil And Gas Lobbyists Influencing The COP Summits?

Environmentalists fear that the next…

Editorial Dept

Editorial Dept

More Info

Premium Content

Is The Permian Basin Getting Gassier?

1. Is the Permian getting gassier?

- “We expect Permian gross gas production to increase by more than 4.5 billion cubic feet per day between the fourth quarter of 2019 and the fourth quarter of 2021,” Rystad Energy said in a report.

- One of the main concerns about the Permian is that production is increasingly becoming gassier, that is, the gas-to-oil ratio of the hydrocarbons is leaning in a natural gas direction. While that is certainly true for wells as they age, Rystad said there is less of a concern with new wells.

- “We should stress that we do not expect any significant buildup in the gas-oil ratio (GOR) across the Permian basin in the short term,” Rystad said.

- The GOR would rise if the overall drilling pace slows down, as aging wells would make up a larger share of the total output.

- “[W]e do not think Permian gas production will necessarily outpace oil in 2020 as long as the activity level stays robust and operators intentionally decide to focus on the areas and zones with the maximum oil content,” Rystad said.

2. Palladium prices take a breather

- The impressive price rally for palladium – the best performing commodity in 2019 – came to a halt because of the coronavirus, but prices have not slumped like other commodities.

- In fact, palladium prices are up roughly 20 percent year-to-date.

- The durability of palladium prices may come as a surprise…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News