Boothe's
Global Perspectives
ENLIGHTENED JOURNALISM WITH INDEPENDENCE AND OBJECTIVITY
  • Energy  

    Oil, Gas and Water Deals Impact Property Values in New Mexico and Texas (Water and natural gas big business!)

     

    By: Ben Boothe and Associates, Appraisers, Environmental Reports and Feasibility Studies, Albuquerque N.M. and Ft.Worth, Texas.  www.benboothe.com,  benboothe@gmail.com.

     

    First we share with you reports on the BLM lease sale that generated record bids for oil and gas lease land in New Mexico near Carlsbad in the Permian Basin. Bids ran as high as $95,000 per acre, documented by the Dallas Morning News. BBAR Inc. (www.benboothe.com) has represented developers and clients on water, oil and gas valuation rights on various properties, and we see sales in excess of $100 million in this area. BBAR Inc. of Albuquerque, N.M. is involved in appraisals and have done environmental and feasibility studies. We are the "Go To" firm for valuations and feasibility studies in this industry.  It is often said: WATER IS GOING TO BE MORE VALUABLE THAN OIL.  We believe that and are spending more research and time in water valuation, water rights and uses and sources, of water and the value of difference "uses" and demand. …

     

  • Sep 6, 2018 | Energy  

    Prediction Price of Oil will not exceed $80 says Mohammed bin Hamad Al Rumhy

    Oil prices are unlikely to break out of the mid-$70 level, Oman's oil and gas minister said September 3, and he said that he thought prices were currently "fair." The statement was made in Muscat, Oman. "I think for the rest of this year we should see stability between $70 and the high 70s (dollars a barrel), or low 70s to high 70s," Mohammed bin Hamad Al Rumhy, said...

     

  • Aug 24, 2018 | Energy  

    Increased Spending But Little Increase in Production in Permian

    Spending Boost Fails To Raise Production In The Permian Story Credit to Oil Price by Nick Cunningham By - Aug 21, 2018, 6:00 PM CDT By - Aug 21, 2018, 6:00 PM CDT The U.S. shale industry is gearing up to spend more this year, despite assurances to maintain capital discipline. In the second quarter, shale companies signaled their intention to lift capex...

     

  • Aug 3, 2018 | Energy  

    Oil and Gas Growing in Permian Basin

    THE BRITISH ARE COMING, THE BRITISH ARE COMING, TO TEXAS! Credit to PBOG Newsletter, in Texas for this news OF THIS $10...

     

  • Jun 11, 2018 | Energy  

    Permian Basin Oil and Gas Production and Drilling UP! Huge Impact on Texas and NM State Budgets

    The Permian Basin continues to generate huge "mining" cash flows from oil and gas, and the impact on Texas and New Mexico state budgets will be in the billions of dollars. Just a simple "fly over" the Permian Basin says it all. The land is peppered with oil and gas wells. Oil wells are being drilled everywhere, it seems, in the Permian Basin of West Texas and New Mexico...

     

  • May 7, 2018 | Energy  

    Permian Basin Becoming the World's Largest Oil Field

    THE PERMIAN BASIN “WILL PROBABLY BECOME THE WORLD’S LARGEST OIL PATCH,” says Bloomberg, drawing from research of the U.S. Energy Information Administration. If someone asks that basic Wall Street question in Fort Worth or Midland, "WHERE'S THE NEW MONEY BEING MADE?" the answer is quick and simple for those who know what is going on in West Texas and Southeast New Mexico...

     

  • Aug 15, 2017 | Energy  

    Carlsbad's Natural Gas Drilling Boom Is for Real, in New Mexico Jobs Galore for Workers!

    A few months ago, published an article about a coming natural gas drilling upsurge coming to Carlsbad, New Mexico, and the surrounding area in general ranging east to south to southeast. We were well ahead on this story, and two weeks ago I personally visited Carlsbad to see some of the most active oil and gas activity that I have observed in years...

     

  • Jan 15, 2017 | Energy  

    New Oil and Gas Drilling on the way? Lots of smoke, is there fire? Some hopeful logic.

    There are some indications that oil and gas companies are planning and ramping up for increased drilling activity in Texas and New Mexico. When EXXON paid $5.2 Billion dollars for oil and gas leases, many in the Carlsbad, NM area, some figured the big boys are getting ready to drill. Then another contract was signed for $1 billion + for another group of drilling rights...

     

  • Dec 21, 2016 | Energy  

    Las Vegas Nevada Now Powered by Renewable Energy

    All Las Vegas city facilities, from government buildings to streetlights, are now running entirely on renewable energy, city officials have announced. “We can brag that the city, this city of Las Vegas, is one of the few cities in the entire world that can boast of using all of its power from a green source,” Las Vegas Mayor Carolyn Goodman said in a news conference Monday...

     

  • Aug 28, 2016 | Energy  

    News from PGOB Blast, Oil Production Increasing in Texas and New Mexico

    Credit to our friends in West Texas for the attached news about increased oil production. This confirms our personal and independent conversations with producers who tell us that "activity is up, and the Permian Basin is hot again...

     

  • Jul 5, 2016 | Energy  

    CHART SHOWING WHY OIL PRICES WILL RISE

    We at thought you should see this article, by Michael McDonald of OilPrice.com.

    It is thought provoking and goes beyond the temporary Saudi Arabian impacts on oil and gas pricing for

    the world. While no one can predict with absolute accuracy how markets will behave, this chart shows

    that the fastest growing demand for energy is from Asia...

     

0.48559904098511x124 [+]