The outlook for Railroad Districts 1-6 remains promising as we look at the decision by OPEX and non-OPEX countries to cut production, combined with the new political climate in the…
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The current activity in Railroad Districts 1-6 should be described by the number of companies filing for bankruptcy protection rather than the normal metric of the number of rigs running….
Since writing my last report, the price of oil has increased by 37%. The pundits say that we have reached the bottom and that the price of oil will stabilize…
Drilling activity in RR Districts 1-6 continues to slow as oil settles to below $30/bbl. today. Companies are drilling required wells only and deferring completions until prices rise, which adds…
Activity in RR Districts 1-6 is being colored by a new reality of ‘Lower for Longer’. Fewer wells are being drilled as companies try to shore up their balance sheets…
The activity in RR Districts 1-6 continues to slow when compared to the previous quarter. Permits for new wells in Texas are 35% of what they were just one year…
The lack of drilling activity in RR Districts 1-6 continues as the price of WTI slips to $43.79/bbl. (at the time of writing), which is a 17% decline since my…
When someone ask me what is going on with the oil and gas industry today, I say that the energy industry has “just rebooted its computer” to refresh all the…
I began the last edition of my Landman 2 report with “the biggest news on the energy front over the last quarter was the decline in the price of oil…
The South Texas Eagle Ford continues to take all the headlines with record setting production numbers. However, the upper Texas Gulf Coast Eaglebine (Eagle Ford/Woodbine) is setting records of its…