Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
SM Energy to sell South Texas assets to Caturus Energy for $950 million
The transaction includes approximately 61,000 net acres and about 260 producing wells in SM Energy’s southern Maverick basin position in Webb County, Texas, along with associated facilities. The assets are expected to produce between 37,000 and 39,000 boed in 2026, with an estimated production mix of 45% liquids, including 9% oil.
U.S. Crude Oil Inventories Plunge Following Massive Build
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 609,000 barrels in the week ending February 13, after increasing by 13.4 million barrels in the week prior.
Curious Minds Corner
What basin is linked to increased Texas earthquakes from oil and gas production?
The Permian Basin, a large geologic formation, has been associated with heightened seismic activity.