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    • Oil Prices

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    Oil Prices

    Oil prices edge lower just off 10-month high

    Sept. 11, 2023
    Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had spurred prices upwards last week.
    Websiteimage
    Oil Prices

    Latest Offshore Rig Market snapshot paints bleak picture

    July 6, 2020
    Evercore ISI's latest report describes a still-reeling market.
    (Courtesy Baker Hughes)
    The rig count in the US Gulf of Mexico has fallen by 50% from Jan. 3, 2020, to June 19, 2020, from 22 to 11 rigs.
    Regional Reports

    Gulf of Mexico E&P faces challenges in changing marketplace

    July 1, 2020
    Operators are adjusting their budgets and strategies in response to the 2020 oil price crash.
    (Courtesy Wood Mackenzie)
    Woodmac625
    Oil Prices

    Upstream spending takes tumble globally

    June 25, 2020
    The oil price slide reduced the valuation of the global upstream oil and gas industry by $1.6 trillion, according to Wood Mackenzie.
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    Oil Prices

    US government grants 12 royalty cuts for offshore drillers

    June 12, 2020
    The Trump administration has approved 12 applications for reductions in royalty payments.
    Courtesy BOEM
    Boem Gom Map
    Oil Prices

    New report identifies five key changes in Gulf of Mexico E&P

    June 8, 2020
    A new analysis on Gulf of Mexico E&P activities offered by Wood Mackenzie foresees a difficult year ahead in 2020 but with possible recovery taking place next year.