EIA forecasts that most of the growth in U.S. crude oil production through the end of 2018 will come from tight rock formations within the Permian region in Texas and from the Federal Gulf of Mexico.
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DENIS FALLON, KATHRYN FURMAN, HOLMES HAWKINS, III, CRAIG LEDET, JEFFERY MALONSON, ABBY PARSONS, BEN POLLOCK, THOMAS SPULAK | KING & SPALDING
Oil and gas exploration companies no longer have to go door-to-door, or ranch-to-ranch, to negotiate oil and gas leases with individual mineral interest owners.
According to the U.S. Energy Information Administration, product supplied to the U.S. market as well as inventories and exports are also at relatively high levels.
Oil frack somethingThe oil and gas industry has been dealing with a slump in business for quite some time, and law firms specializing in energy law have felt the sting since 2015.