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Bidding activity and total value climbed in central Gulf of Mexico Lease Sale 247 following years of declining offshore interest that dates back before the downturn in oil and gas prices.

Light, sweet crude oil prices for May delivery fell on Mar. 22 to settle just above $48/bbl on the New York market while Brent crude for May delivery also dropped to settle below $51/bbl in London.

Germany’s Wintershall Holding GMBH increased oil and natural gas production 8% to 165 million boe in 2016, with higher production volumes coming primarily from Norway and Russia.

Total US petroleum deliveries, a measure of demand, moved up 0.1% in February compared with a year ago to average 19.7 million b/d, marking the highest February deliveries since 2008, according to the latest report from the American Petroleum Institute.


Lewis Co. EDA Director Cindy Whetsell: “At the most local levels, the Atlantic Coast Pipeline is good business for… https://t.co/1ZCTGMlTKH

RT @AnteroResources: More than $1B has been paid to West Virginia's local communities in taxes and more than 70,000 jobs have been created.…

RT @AnteroResources: Thanks to local natural gas producers like Antero, West Virginians reap the benefits of steady production. https://t.c

Encouraging and mentoring women in the oil/gas industry is the goal of WVONGA’s 5th Annual Embracing Energy Confere… https://t.co/U29iJlIXRF