In the first half of April, WTI posted two consecutive sessions of decline, pulling back sharply from the then-recent peak of around $117 per barrel. Notably, in the latest of those two sessions, oil prices briefly plunged to near $91 before rebounding quickly to around $98 on April 8 in the Asian session. Such wide […]
WATER IN ENERGY 2026: A Free-Flowing Forum
It should surprise no one that this year’s UTPB Energy in Water Conference was the most well attended yet. Brian Ward of APATEQ observes, “There is no comparison to the expert discussions, the tremendous networking opportunities, and the hospitality is second-to-none.” Indeed. Robust panels of deeply committed and insightful professionals discussed the entire oil and […]
Guest Editorial: Oil’s New Reality
By Neil Crosby, AVP Oil Analytics at Sparta Commodities [EDITOR: This article was written March 3, five days before the colossal price spike for crude oil that came Sept. 8. But the circumstances just go to show how prescient this analysis was.] The oil market is no longer asking how much crude is being produced. […]
The Over $100 Surprise
As I write these words (2:00 p.m. on Friday, March 27), WTI crude stands at $99.48. And note that we are talking WTI here, not Brent. Brent was at $113. And this in a world where, only a few months ago, forecasters were saying we’d be in the $50s range at this time. What a […]
Garrett Golding: On Energy, Economics, and More in the Permian Basin
MIDLAND, TEXAS—In the first luncheon of 2026 for the Permian Basin Petroleum Association, invited speaker Garrett Golding, Assistant Vice President for Energy Programs at the Federal Reserve Bank of Dallas, addressed the PBPA’s membership on Feb. 19 in the banquet hall of this city’s Petroleum Club. Golding share his insights drawn from his work at […]
How Low Can Crude Oil Go?
The dip we’ve seen this past fall and winter in prices was “prophesied” some months previous. But has it been as bad as advertised—and what should Permian Basin decision-makers watch next? As January 2026 winds down, West Texas Intermediate (WTI)—the benchmark that matters most to Permian Basin operators and service firms—has certainly been soft, but […]
Natgas In Ascendancy
By the time 2026 arrives, the Permian Basin will again be producing more natural gas than any other region in North America. Whether that abundance translates into “bright prospects” depends on where one stands in the value chain—but the consensus among analysts is that natural gas will play a larger strategic role in the Basin’s […]
Will 2026 Really Mark a Slowdown?
For months now, coffee-shop talk from Midland to Carlsbad has carried a familiar refrain: “Enjoy it while it lasts—2026 is when the Permian slows down.” Lower price forecasts, softening rig counts, and talk of a maturing shale play have all fed the narrative that the Basin’s best days are behind it. But when you dig […]
The Last Days at Camp
Click here to listen to the Audio verison of this story! “There are always and only two trains running. There is life and there is death. Each of us rides them both. To live life with dignity, to celebrate and accept responsibility for your presence in the world is all that can be asked […]
Eagle Ford 2025: Steady Output, Export Tailwinds, and Disciplined Growth
The Eagle Ford’s center of gravity hasn’t shifted so much as sharpened. Production is broadly steady with modest gas-side growth, operators are leaning into longer laterals and bolt-ons rather than big rig adds, and the Corpus Christi export complex keeps widening the outlet to global markets—especially for LNG. The result is a basin that’s cash-efficient, […]
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