The devil remains lurking in the details and non-OPEC countries such as Russia will shoulder a large portion of the burden. (Last updated 12:43 p.m. CT Nov. 30)
Houston-based Tellurian Investments Inc. announced Nov. 28 that GE Oil & Gas made a $25 million preferred equity investment in the company, which has an implied Tellurian common stock value of $5.94 per share.
Stratas Advisors' John Paisie says the price of Brent crude will stay relatively flat for the first part of the week and then decline with support at $45.50/bbl.
The midstream buildout includes creative uses of existing assets to better serve producers at attractive costs.