Alpine High News

02/16/2025

Did you feel the earthquake?

01/26/2023

https://www.currentargus.com/story/news/2023/01/24/oil-and-gas-companies-moving-into-permian-basin-in-100m-string-of-deals/69831997007/

The Permian Basin was forecast to produce about 5.65 barrels of oil a day (bpd)in February, growing by 30,000 bpd from January.

11/05/2022

"...greater Permian Basin now accounts for nearly 40% of crude and 15% of natural gas production,..."

Shale oil stocks are approaching buy points as these companies reinvest in shale oil production in the West Texas Permian Basin.

11/03/2022

"...eight multinationals control about 62% of the acreage in the Permian Basin, according to Rextag data. The dominant acreage holders include Chevron, which holds 30%, APA (22%), Oxy (5%), ConocoPhillips (3%), Exxon Mobil (1%), Shell and BP with a combined (1%) and others holding the other 38%."

Companies with global influence and interests control more than half the acreage in the Permian Basin. Here is a rundown of the major player’s operations in the Permian including acreage, production and near-term plans.

10/19/2022

https://www.reuters.com/markets/commodities/us-permian-oil-production-forecast-hit-record-november-eia-2022-10-17/

Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day (bpd) to a record 5.453 million bpd in November, the U.S. Energy Information Administration (EIA) said in its productivity report on Monday.

09/04/2022

https://finance.yahoo.com/news/3-permian-explorers-gain-continued-130901624.html

Exploration and production businesses are witnessing big gains from a healthy crude price trajectory. Thus, Diamondback (FANG), Pioneer (PXD) & Matador (MTDR) are poised to benefit.

08/07/2022

https://www.texastribune.org/2022/08/05/epa-permian-basin-texas-methane-pollution-climate-change/

The federal environment agency says it will continue flyovers of the Permian Basin in Texas and New Mexico until Aug. 15 using infrared cameras to survey oil and gas operations.

03/25/2022

https://news.google.com/articles/CBMiQWh0dHBzOi8vd3d3LmJsb29tYmVyZy5jb20vZ3JhcGhpY3MvMjAyMi1nbG9iYWwtb2lsLXBlcm1pYW4tYmFzaW4v0gEA?hl=en-US&gl=US&ceid=US%3Aen

Where can the world quickly turn to for more oil? The answer isn’t the traditional powerhouse of OPEC or the promising new offshore fields of Brazil. Instead, look to a few counties tucked into lonely corners of the U.S. Southwest

03/13/2022

What?

Russia’s war on Ukraine has made it practically patriotic to pump oil, but the Permian hasn’t ramped up production. Don’t blame Washington. Blame Wall Street.

03/09/2022

Said no one in the oilfield... Oil prices got you down? I know, let's convert food to fuel. Oh, while we are at it, let's import oil. That way it's green... because other countries' oil production dosn't affect global warming.

03/04/2022

Why? We have it all here.

Why are we still buying Russian oil?
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02/18/2022

Study finds
ethanol worse for the climate than gasoline...
Ethanol has been a sham since day one. The first Greeny lie1.0 Big Agri Lobby. Corn is the most destructive crop in history.