On October 13, 2016, RSP Permian announced the acquisition of Silver Hill Energy for approximately $2.4 billion dollars.  Based on RSPP disclosures, the assets received include: 1) wells currently producing 15,000 barrels of oil equivalent per day; and 2) 41,000 in net acreage throughout Loving and Winkler County Texas.  Grant Farrell, vice president, explains the details of this transaction. To read the fu ...

Economists Express Concerns About Global Growth The majority of economists polled by Reuters say that global economic growth is slowing in both developed and developing markets.  Their main concern is trouble in China.  Rahul Karunakar examines the results and how still, most economists said there is an "insignificant" chance of a global recession this year. To read the full article in Reuters, click: Momen ...

Price Stability vs. Market Share Bennet Kpentey, an Accra, Ghana management and financial consultant with a focus on the oil, gas, and energy sector, shares his views on the strategies of maintaining and increasing crude oil production and how the volatile energy prices will affect growth in emerging economies and other industries. ...