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Oil & Gas EIA

Opportune LLP

Why Are E&Ps Slow To Respond To Higher Oil Prices?

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Over the last several months (and right up to today) some of the headlines published in various media outlets have addressed the slower-than-expected response of operators to increase drilling activity as oil prices have...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Change In Demand For Motor Fuels: U.S. Energy Information Report

The United States Energy Information Administration (“EIA”) published an August 28th report titled: Changing Demand for Petroleum Products Has Led to Operational Changes at U.S. Refineries (“Report”)- Utilizing...more

Steptoe & Johnson PLLC

The May STEO Forecasts Good News on Predicted Pricing, But Concerning Predictions on Production

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The U.S. Energy Information Administration (“EIA”) released its Short-Term Energy Outlook (“STEO”) on May 12, 2020, but noted that it was subject to “heightened levels of uncertainty because the effects on energy markets of...more

Opportune LLP

Quantifying The Impact Of A Fracking Ban On The US Oil & Gas Industry

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Let's be frank. The institution of a fracking ban would simply be bad policy for the U.S. oil and gas industry. In quantifying this position, I want to highlight a paper that was published in January by Michael Lynch of the...more

Steptoe & Johnson PLLC

It’s a Wrap: New Outlooks for 2020

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Many of us have the end of the year and the end of the decade on our minds: wrapping up projects, working to close deals and matters, and striving to end the year on as high of a note as we possibly can. It is hard to believe...more

Steptoe & Johnson PLLC

Predicting Old Man Winter and Energy Outlooks: Is it Anyone’s Guess?

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Whether we have a strong winter impacts many things. From our road conditions driving to work, the extent of demand for home heating fuels, how our livestock will fair, and our ski season (including vital tourist revenue that...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Gasoline/Clear Diesel Taxes: Arkansas Oil Marketers Association Publication Notes Pending Increase

The Arkansas Oil Marketers Association (“AOMA”) issued a September 6th Breaking News Notice referencing an increase for state gasoline and clear diesel taxes for the period of October 1, 2019 through September 30, 2020....more

Mitchell, Williams, Selig, Gates & Woodyard,...

Solar Generation Construction Costs: U.S. Energy Information Administration Report Notes Decrease

The United States Energy Information Administration (“EIA”) issued a September 3rd report stating that annual capacity-weighted average construction costs for solar photovoltaic systems continue to decrease. The conclusion...more

Steptoe & Johnson PLLC

Potential Oversupply and Slower Demand: Will OPEC Extend Production Cuts?

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There is one thing on the mind of many folks involved in the oil and gas industry – the upcoming OPEC meeting in Vienna.  On June 25, 2019, the 176th OPEC meeting will be held....more

Steptoe & Johnson PLLC

Wyoming: A Place for Energy and Persistence

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“Energy and persistence conquer all things.” – Benjamin Franklin Discussing topics in the energy sector gives one a certain, well, energy. A charge or *spark* – a bolt of anticipatory excitement and the promise of...more

Mitchell, Williams, Selig, Gates & Woodyard,...

2019 Electric Generating Capacity Addition: U.S. Energy Information Administration Projects Renewables/Natural Gas Will Dominate

The United States Energy Information Administration (“EIA”) issued a January 10th report projecting which energy sources would fuel electric generating capacity added in 2019. The EIA report indicates that the source of...more

Opportune LLP

What Does Record BLM Oil & Gas Lease Auction Mean For Valuation?

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On September 7, 2018 the Bureau of Land Management’s (BLM) third-quarter oil and gas lease sale in New Mexico broke all previous records for BLM lease sales across the country, generating $972.48 million in bonus bids for 142...more

Bricker Graydon LLP

EIA expects major increase in Northeast natural gas takeaway capacity this year

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Assuming all projects come online by their scheduled in-service dates, the U.S. Energy Information Administration expects more than 23 billion cubic feet per day (Bcf/d) of natural gas pipeline takeaway capacity to be online...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2018 #3

Study Finds No Evidence of Groundwater Contamination Attributable to Natural Gas Development - "A multi-year study conducted by researchers at the University of Cincinnati, and partly funded by organizations opposed to...more

Fox Rothschild LLP

January Is Good To Us…Once In A Blue Moon

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For many, this month has been very good to us. January is traditionally a month of hope and resolutions that many feel will set the tone for the upcoming year. Based on this month, we are looking forward to a great 2018! ...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Utility-Scale Capacity: U.S. Energy Information Report Estimates Nearly 50 Percent of 2017 Installation Utilized Renewable...

The United States Energy Information Administration (“EIA”) issued a January 10th report (“Report”) stating that “nearly half of utility-scale capacity installed in 2017 came from renewables.” The information originates...more

Kelley Drye & Warren LLP

EIA report projects fossil and nuclear fuels will provide 83% of total global energy in 2040.

EIA’s International Energy Outlook 2017 projects that world energy consumption will increase by 28% from 2015 through 2040.  The report provides energy consumption projections for 16 world regions, divided according to...more

Fox Rothschild LLP

What Fuels Tennessee?

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Many of you know that when I travel, I tend to start to wonder about that state’s energy sector. What fuels it? What makes it different from Colorado and Wyoming? This weekend, I was in Nashville, Tennessee – “Music City.”...more

Fox Rothschild LLP

One Stop Shopping For Nationwide Well Information? The New National Oil & Gas Gateway

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This week, a new public website was unveiled that provides participating states’ well data. The site is called National Oil & Gas Gateway. What is it? One stop shopping for well data. It is basically a consolidated source...more

Fox Rothschild LLP

Anadarko Region: Turns Out You Can Teach An Old Dog New Tricks

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Those in the oil and gas industry know the producing regions well; we know right off of the top of our heads exactly where the Bakken, Niobrara, Permian, Marcellus, Utica and the Eagle Ford are when someone says those names....more

Kelley Drye & Warren LLP

EIA: Wyoming, Texas, and Pennsylvania Rank as The Top Net Energy Suppliers Among States

“EIA recently released State Energy Data System estimates for net energy supply, which provide data on each state’s total primary energy production and consumption. Wyoming, Texas, Pennsylvania, West Virginia, and North...more

Kelley Drye & Warren LLP

EIA: U.S. Crude Oil Production Forecast Expected to Reach Record High in 2018

“In EIA’s latest Short-Term Energy Outlook (STEO), total U.S. crude oil production is forecast to average 9.3 million barrels per day (b/d) in 2017, up 0.5 million b/d from 2016. In 2018, EIA expects crude oil production to...more

Kelley Drye & Warren LLP

EIA: Even as Renewables Increase, Fossil Fuels Continue to Dominate U.S. Energy Mix

“Fossil fuels have provided more than 80% of total U.S. energy consumption for more than 100 years. Since 1928, when consumption of natural gas surpassed that of biomass, the three fossil fuels—petroleum, natural gas, and...more

Fox Rothschild LLP

Part 2: Is Predicting The Future Of Energy Like Driving Down A Dirt Road At Night With No Lights On?

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Peter F. Drucker famously said, “Trying to predict the future is like trying to drive down a country road at night with no lights – while looking out the back window.” With that in mind, last September, I wrote “Is...more

Kelley Drye & Warren LLP

“We’re [still] number one! We’re [still] number one!”

According to the U.S. Energy Information Administration (EIA), “The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for...more

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