Oil and natural gas activity has declined further in the second quarter across Louisiana, New Mexico and Texas, according to a survey by the Federal Reserve Bank of Dallas. The Dallas Fed, as it is known, every quarter surveys energy executives across the Eleventh District, which encompasses northern Louisiana, most of New Mexico and Texas,…
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E&P, OFS Activity Declining in Texas and Beyond, with Tough Outlook Ahead
Oil and natural gas activity declined during the third quarter across Texas, parts of New Mexico and Louisiana, the Federal Reserve Bank of Dallas reported Wednesday.
September 25, 2019
Breakeven Oil Prices Underscoring Lower 48’s Impact on Market
The oil price needed to profitably drill wells has tracked with prices for long-dated oil futures out to five years, with Lower 48 output appearing to play an outsized role in anchoring prices, according to the Federal Reserve Board of Dallas, aka the Dallas Fed.
May 23, 2019
OFS, E&P Activity Expanding in Texas, Louisiana and New Mexico, Says Dallas Fed
The oil and gas sector continued to strengthen during the first three months of this year in Texas, northern Louisiana and southeastern New Mexico, the Federal Reserve Bank’s Dallas arm said.
March 29, 2018
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