Financial:

What are My Minerals Worth?

If you are a mineral owner, you’ve probably wondered what your minerals are worth. Perhaps you have received an unsolicited offer to buy your minerals or you need to determine an estimate of value for…

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Apache Posts Profit, Improved Alpine High Well Results

Houston oil and gas producer Apache Corp. returned to profitability last quarter and, perhaps more importantly, delivered first gas to market and improved oil production results at its new West Texas discovery, Alpine High. First…

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Shale Investments Have Surged by $100 Billion, Report Says

Ever since OPEC began cutting oil production, drilling in the United States has surged. Norwegian consultancy Rystad Energy estimates $100 billion in investment funds has flowed into the U.S. shale industry over the past year,…

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Bullish Oil Bets Grow on Signs OPEC Output Cuts Working

OPEC is finally making some headway in its race against the tide of surging U.S. supplies, and speculators are giving the group greater credence. Hedge funds boosted bets on higher West Texas Intermediate crude prices…

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Investors Pouring Billions into U.S. Shale Oil

Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry’s resurgence. In the first quarter, private equity funds raised $19.8…

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NuStar Buying Navigator for $1.5 Billion, Entering Permian

San Antonio-based NuStar Energy is buying Navigator Energy Services for $1.5 billion to establish its pipeline presence in West Texas’ Permian Basin. The Permian is booming again and NuStar is seeking to build a foothold…

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