Category: Industry

Industry Upcoming Mineral Owner Meetings in CO, NM, & TX

Upcoming Mineral Owner Meetings in CO, NM, & TX

Find out more about mineral rights! We’re hosting FREE information sessions to answer questions about mineral rights in your community. We may be coming to a location near you. Here are the mineral information meetings taking place mid-February. Colorado   Kersey Tuesday, February 18 6-8pm Platte Valley Fire Protection District 27128 Co Rd 53, Kersey, …

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Industry Featured Properties at NAPE Summit 2020

Featured Properties at NAPE Summit 2020

Permian: Crocket Canyon – 5,567 net mineral acres of fee minerals available for lease in Crocket County, TX. Impressive recent Wolfcamp production by PT Petroleum has made Crocket Canyon an exciting prospect. Permian players can bolt on additional acreage or the package is large enough for a new group to get started. Teague Switch Lea …

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Industry New Mexico Fracking Ban Proposed

New Mexico Fracking Ban Proposed

New Mexico Senate Bill 104 There may be a temporary ban on fracking for the state of New Mexico. Senator Antoinette Sedillo Lopez of Albuquerque pre-filed a proposal for the legislative session, called Senate Bill 104, that asks several state agencies to re-evaluate the effects that fracking has on the environment and to forbid new …

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Industry New Mineral Listings: Permian, Mid-Continent, Rockies, & Appalachia

New Mineral Listings: Permian, Mid-Continent, Rockies, & Appalachia

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 …

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Industry Powder River Basin

Powder River Basin

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 …

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Industry Oil Prices, Recession, Geopolitics, and Opportunities

Oil Prices, Recession, Geopolitics, and Opportunities

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.  …

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Industry New Drilling Permit Volume Rules & Mineral Rights in Wyoming

New Drilling Permit Volume Rules & Mineral Rights in Wyoming

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 …

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Industry Texas Production Allocation

Texas Production Allocation

PetroValues has developed an innovative process to allocate production to wells from lease reports.  PetroValues’ 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 …

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Industry Colorado SB 181: Where will DJ Players go?

Colorado SB 181: Where will DJ Players go?

With SB 181 being signed into law in Colorado, operators are looking to move from Denver-Julesburg Basin (DJB) to the Powder River Basin (PRB) in Wyoming.  PRB has given up some very impressive well results (>4k BOPD IP’s), but along with those results has come some frightening Authorizations for Expenditures or AFE’s.   This indicates …

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Industry NAPE Summit 2019

NAPE Summit 2019

We are so excited to be attending NAPE again this year. Conferences bring many opportunities for your career. Here are the top tips and things you need to know about the NAPE Summit conference. Look at the Schedule   Taking a look at the schedule ahead of time will help you to plan your time …

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