Thursday, January 23, 2025

Thursday -- January 23, 2025

Locator: 447483B.

WTI: $75.66.

New wells:

  • Friday, January 24, 2025: 39 for the month, 39 for the quarter, 39 for the year, 
    • 4487, conf, Grayson Mill, Wahus 12-1 1H,
  • Thurssday, January 23, 2025: 38 for the month, 38 for the quarter, 38 for the year, 
    • None.

RBN Energy: lower interest rates could help sector finances but unlikely to boost output, spending

The Federal Reserve cut interest rates three times last year, brightening the prospects for continued economic growth and increases in energy demand, and additional rate cuts could be coming in 2025. But what do lower borrowing costs really mean for E&Ps, midstream companies, refiners and others in the energy industry? In today’s RBN blog, we will examine the impact of lower interest rates on energy companies and whether they might affect plans to boost output and build new infrastructure.