Hot Deal of the Week Southern Chalk: Leased Minerals for Sale, La Salle County, TX, 19.95 NMA Lancer Road #1: Minerals for Lease, Platte County, WY, 1,310 NMA PetroValues is a free data platform with free access to mineral listings across the United States. Mineral owners are able to list their property and get an expert appraisal from our …
PRB Horizontal Oil and Gas Production Earlier in the year, PRB reached a record high for horizontal oil production at nearly 115,000 BOPD. The previous record was achieved in April of 2015 at over 108,500 BOPD. Twenty-one months later in January, 2017, HZ oil production had fallen to nearly half of what was seen in …
Learning from the Great Recession What can we learn from the Great Recession from Dec 2007 to June 2009? Prior to the Great Recession, in 2005-2006, oil prices were around $60/Bbl. The oil & gas industry can sustain itself at $60/Bbl price, but it makes profits difficult to attain, especially in the US onshore sector. …
WOGCC Public Meeting If you have mineral rights in Wyoming, then you may want to attend this meeting. Recently, Wyoming has gone through some changes with their permit rules. On July 9th, 2019, the Wyoming Oil & Gas Commission (WOGCC), released a new proposal that will deal with the increased volume in drilling permits. In …
LandGate has developed an innovative process to allocate production to wells from lease reports. LandGate’s production allocation uses production history, production tests, the geologic region, geologic formation, well lateral length, type curve production forecasts, and production dates to accurately provide the well production data. Background To accurately determine the value of a property, understanding the …