Newsroom
Knowledge is power and at Adroit Oil and Gas, we believe that an informed viewer is a more prepared viewer, which is why we created the Newsroom. Here you will find articles and news from around the world in one location for your convenience. The site is updated daily so check back often.
Most recent news
OIL EXPLORATION PROCESS
10/08/13 at 09:48 AM
Oil exploration is the foremost attribute of the petroleum value chain, owing to which we get two of the necessities of the mankind - gasoline and natural gas.
BIG INVESTMENTS AND BIG TAX BREAKS IN OIL
10/07/13 at 09:44 AM
From a tax perspective, oil and gas investments have never looked better. Of course, they are not suitable for everyone, as drilling for oil and gas can be a risky proposition. Therefore, the SEC requires that the investors for many oil and gas partnerships be accredited, which means that they meet certain income and net worth requirements. But for those who qualify, participation in an independent oil and gas project can give them just what they're looking for.
NORTH DAKOTA POSTS OIL AND GAS RECORDS
10/01/13 at 09:34 AM
The Bakken reserve area is associated with the Williston Basin, which includes the Three Forks Formation. The U.S. Geological Survey estimates the area contains as much as 7.4 billion barrels of oil and 6.7 trillion cubic feet of natural gas.
THE AMERICAN OIL & GAS INDUSTRY IS RESCUING THE OBAMA ECONOMY
09/30/13 at 10:10 AM
“Abundant low-cost energy is stimulating a revival of manufacturing in the U.S. as well as well as increased American economic competitiveness,” he states, countering what otherwise is “a time of stubbornly high unemployment.”
ENERGY BOOM GAINS MOMENTUM AS POLITICAL OBSTACLES DISAPPEAR
09/26/13 at 09:49 AM
Political obstacles to oil and gas production are starting to fall away at the state and local levels as voters, elected officials and courts jump on the energy boom bandwagon.
NATURAL GAS
09/25/13 at 10:25 AM
Natural gas, the first-cousin to crude oil, is a combustible, gaseous fossil fuel often found in underground reservoirs and comprised of methane and other hydrocarbon compounds. It rarely attracts as much interest or headlines as petroleum, but in the last year or so, many have predicted that a new natural gas era may be dawning.
EAGLE FORD SURPASSING BAKKEN SHALE
09/19/13 at 09:23 AM
Oil production in the the Eagle Ford shale fields of South Texas is soaring and will soon pass that of the rich Bakken formation in North Dakota and Montana, according to a new report.
TYPES OF CRUDE OIL
09/17/13 at 09:53 AM
Crude oil is a form of hydrocarbon, but did you know that there are different types of this oil. Although classifications are present, these vary in many aspects. Let us take a look at the various classifications for crude oil in the following.
OIL PRICES
09/16/13 at 09:01 AM
Just like any other commodity, crude oil prices fluctuate with wide pricing swings during oil shortage and over supply in the market. Petroleum price in the US was highly regulated through much of the 20th century. Since the 19th century US crude oil prices averaged at $22.52 per barrel in 2008 after adjustment for inflation compared to $23.42 for worldwide price of oil.
OIL AND GAS AN INVESTMENT ALWAYS IN DEMAND
09/13/13 at 01:44 PM
With the global demand for oil continuing to grow, have you considered investing in oil and gas with a self directed IRA? It could be an ideal way to grow and produce yields for your retirement with a producing Well.
DRILLING AND PRODUCING CRUDE OIL AND NATURAL GAS
09/12/13 at 10:00 AM Read MoreWHAT IF OIL AND NATURAL GAS ARE RENUABLE RESOURCES?
09/09/13 at 09:00 AM
The evidence is mounting that not only do we have more than a century's worth of recoverable oil in the United States alone (even if there is a limit to the earth's oil supply), but that we also actually have a limitless supply of Texas tea because oil is in fact a renewable resource that is being constantly created deep under the earth's surface and which rises upward, where microscopic organisms that thrive in the intense pressure and heat miles below us interact with and alter it.
NATURAL GAS: PUTTING THE PEDAL TO THE METAL.
09/06/13 at 12:28 PM
Together, cheaper energy and lower-cost raw materials add up to lower-cost manufactured goods, ranging from agricultural chemicals to carpets and toys, which we can sell both domestically and overseas, creating U.S. jobs.
FRACKING BOOM SEEN RAISING HOUSEHOLD INCOMES BY $1,200
09/05/13 at 01:28 PM
Surging oil and natural gas production brought on by hydraulic fracturing is lifting the U.S. economy by lowering energy costs for consumers and manufacturers, according an industry-funded report.
US OUTPUT SOARING ON SHALE BOOM
09/03/13 at 09:38 AM
American oil output increased by 1.0 million barrels per day (bpd) last year, which helped it slash net oil imports by 930,000 bpd, BP added in its Statistical Review of World Energy 2013.
US OIL PRODUCTION SEE'S BIGGEST RISE IN 62 YEARS
08/30/13 at 10:12 AM
American oil production had a banner year in 2012, largely thanks to new drilling techniques that recover oil from shale rock formations. As world energy supplies grew, demand for energy moderated, thanks to Europe's recession and energy-saving efforts.
GLOBAL OIL DEMAND WILL HIT 100 MMbopd BY 2040
08/29/13 at 09:49 AM
Statoil expects global demand for oil to grow by 15 million barrels per day to around 100 million bopd by 2040
US OIL AND GAS INVESTMENT AT 10 YEAR HIGH, STUDY SAYS
08/28/13 at 09:09 AM
Investment in U.S. oil and gas production reached the highest level in at least a decade, according to the accounting firm Ernst & Young. “Everyone wants in, and they are paying a premium to play.”
AMERICAS UNTAPPED OIL
08/27/13 at 10:00 AM
"We have redefined how to look for oil and gas," says Rehan Rashid, an analyst at FBR Capital Markets. "The implications are major for the nation."
TEXAS IN VANGUARD OF NATIONWIDE OIL AND GAS ENERGY BOOM
08/26/13 at 10:02 AM
For now and for the foreseeable future, Texas finds itself in the vanguard of a largely unexpected, unprecedented energy boom that has significant national impacts. Widespread use of horizontal drilling and hydraulic fracturing (fracking) is making it possible to harvest huge amounts of natural gas and oil that were thought to be too expensive to produce only a few years ago.
OIL PRODUCTION, NATURAL GAS PRICES ON THE RISE.
08/22/13 at 11:48 AM
Crude oil production, natural gas prices and industry employment all posted year-over-year gains to help push the TPI upward in March.
HISTORY OF THE OIL AND GAS INDUSTRY
08/21/13 at 08:34 AM
The discovery and production of oil occurred sporadically during the second half of the nineteenth century. After the Civil War, encouraged by the growing national market for kerosene and other petroleum products, Lyne T. Barret drilled and completed a well near Oil Springs in Nacogdoches County, but a decline in prices barred further financing of the venture. In 1886, George Dullnig, a Bexar County rancher, discovered a small quantity while drilling for water, but it was not sufficient to justify additional development.
Common Benefits of Investing in Oil and Gas
08/19/13 at 08:54 AM
The most popular benefit of investing in oil and gas is the return on investment. A lot of investments (even the good ones) might see a 100% ROI within let’s say 10 years. Look at the Real Estate industry for instance; up until the financial market collapse, this was generally the case.
ANOTHER SUCCESS FOR ADROIT OIL AND GAS
08/16/13 at 09:39 AM
“With a discovery like this, we are very excited for our partners and are looking forward to seeing what this well can do for us,” said Shawn McKee of Adroit Asset Management.
HOW OIL DRILLING WORKS
08/15/13 at 08:51 AM
Oil comes from the remains of tiny plants and animals (plankton) that died in ancient seas between 10 million and 600 million years ago. After the organisms died, they sank into the sand and mud at the bottom of the sea.