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Texan Drivers in Gas Price Limbo
Barrel Hub
June 16, 2023
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Daily Data Dump
The good, the bad, and the ugly of Texas oil production.
Best of the Best 🏆️
Every week, we sift through our proprietary data to find the best performers in Texas.
Never Quit 😢
Similarly, we find the oil producers who need a little help (i.e. call Barrel Hub).
If you’re wondering how we get this information, we’re under strict orders from OPEC not to disclose that (but if you want to know you can go here).
Daily Bulletin
Futures Curve
Lone Star Stories
Energy-rich US states have upheld robust financial profiles despite oil and gas price volatility, with no expected negative rating implications from short-term price drops.
Amid the whoop of Saudi Arabia's oil output cut, Texas gas prices hitched a ride to $3.14 per gallon, that's a 3 cent hop from last week and a $1.55 drop from last year.
Reader Question of the Day
What are some of the properties used to describe reservoir rock?
OvReservoir rocks, which serve as the primary storage and flow medium for hydrocarbons, are described using several properties.
Here are some of the key properties used to characterize reservoir rocks:
Porosity
Permeability
Saturation
Lithology
Heterogeneity
These properties collectively provide an understanding of the reservoir's storage capacity, fluid flow potential, and mechanical behavior. They are crucial for reservoir characterization, modeling, and decision-making in the oil and gas industry..
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