SAN DIEGO, CA / ACCESSWIRE / June 19, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who formerly held RSP Permian, Inc. (NYSE: RSPP) shares. Investors, who held shares of RSP Permian, Inc. (NYSE: RSPP) and received Concho Resources Inc. (NYSE: CX...
Oil producers in the Permian Basin reportedly have begun selling a new stream of light crude - WTI Light - as growing production from the prolific play gives rise to an increasing variety of crudes. More news on: Enterprise Products Partners L.P, Magellan Midstream Partners, L.P., Plains...
EPIC Midstream's plan to temporarily convert its natural gas pipeline to carry crude oil may not totally cure pipeline bottlenecks in the Permian Basin but “ it will come close ,” says RBC Capital analyst Brad Heffern, adding that the start of Plains All American Pipeline's (...
Crude oil output from the Permian Basin in 2019 will total 200K bbl/day less than it could have been because of transport constraints - full pipelines, not getting enough oil on railroads, not enough workers, difficulty sourcing sand and water - Wood Mackenzie estimates, saying the prolifi...
Crude oil pipeline constraints in the Permian Basin may end sooner than expected and prices less affected than previously believed, according to a new analysis from Raymond James. More news on: Plains All American Pipeline, L.P., EOG Resources, Inc., Laredo Petroleum Holdings, Inc., Ener...
Oil drillers increased their hedges on Permian Basin oil prices beyond 2019 by 431% during Q2 in order to lock in healthier prices in case planned pipeline projects fail to come online in time, according to a new report from energy research firm Wood Mackenzie. More news on: EOG Resourc...
Texas oil production fell in June from last year for the first time in 16 months, according to results from the state’s energy regulator, a sign that the lack of pipeline takeaway capacity in the Permian Basin may be affecting production. More news on: EOG Resources, Inc., Pionee...
New companies, many backed by private equity, are rushing to help shale drillers deal with the problem of disposing of the vast volumes of wastewater that are a byproduct of fracking wells, WSJ reports, highlighting another issue that could constrain production in the Permian Basin. Mo...
The recovery in the oil industry is attracting some of the biggest names in money management, including Stanley Druckenmiller, George Soros and Paul Singer. More news on: VanEck Vectors Oil Services ETF, Marathon Petroleum Corp., Devon Energy Corporation, Energy stocks news, News on ETFs...
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SAN DIEGO, CA / ACCESSWIRE / June 19, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who formerly held RSP Permian, Inc. (NYSE: RSPP) shares. Investors, who held shares of RSP Permian, Inc. (NYSE: RSPP) and received Concho Resources Inc. (NYSE: CX...