In this month’s Mineral Rights Podcast news episode for October 2022, we discuss the massive OPEC+ supply cut and how we were already on the brink of a supply crunch; how small operators in Adams County, Colorado are forced to abandon wells, and we talk about the current rig count!
As always, Justin Williams joins me to provide the individual mineral owner perspective and we discuss our respective takes on each story to help you keep tabs on the latest happenings in the world of minerals and royalties.
Please reach out and let me know if you come across any interesting articles that you would like us to talk about in an upcoming episode, please send it to feedback@mineralrightspodcast.com. Thanks!
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This Month’s Mineral Rights News Articles:
- OPEC will cut production by 2 million barrels a day, likely sending gas and oil prices back up
- An Oil Supply Shock May Be Imminent | OilPrice.com
- 250 Colorado wells orphaned when 1 gas gathering system shut off
Resources Mentioned in this Episode:
- North America Rig Count
- The crude marriage of oil drilling and bitcoin mining gets a wary eye from Adams County
- MRP 28: DJ Basin Overview
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