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Author: McCartney

New Blackbeard Long Term Oil Forecast Available

After being locked up in a exclusive agreement, our long term oil price forecast is again available. This is a 5 year forecast, issued around the 19th of every month. To get a copy, the link is below.https://blackbearddata.com/wp-content/uploads/2026/06/Blackbeard_WTI_Forecast_2026-05-26.pdf

McCartney June 1, 2026June 1, 2026 News Read more

2025 LOD Royalty data ready

Our 2025 data acquisition season is coming to an end. We have 99% of the 2025 Mineral Roll data. Time to get your data now. As of Jan 1, our prices will be rising by 5% to adjust for inflation.

McCartney December 9, 2025December 9, 2025 News Read more

New Tariffs Under The Trump Administration

Well, this administration is certainly good at chaos. Due to the perpetual uncertainty it is causing with the US economy, many industries are not interested in making capital expenditures. So we were already facing a recessionary environment. Inflation remains higher

McCartney April 2, 2025April 2, 2025 News Read more

Russian Oil Embargo Already Defeated

Russia has been building a shadow tanker fleet since the first warnings of an embargo were raised. They have been buying old tankers and using them to sell oil to Asia. Only takes a few voyages to payback their investment.

McCartney December 5, 2022December 5, 2022 News Read more

Ukraine War’s Long Term Effect On Oil Price

With the war dragging into the third month, WTI has stayed above $100/bbl. This is even with the disruption of world trade by China locking down major industrial Chinese cities. There are signs the EU will ban Russian oil and

McCartney May 6, 2022May 6, 2022 News Read more

A look into the Seasonality of oil prices

Oil goes up and down, thrown about by supply, demand, OPEC, cold snaps, heat waves, threats of war or inflation. Everything seems to affect it. We thought it would be interesting to examine oil on its seasonality. All this is

McCartney January 24, 2022January 24, 2022 News Read more

Database Maintenance 10/24 scheduled

All Blackbeard Databases will be briefly going offline on Sunday 10/24 from 3pm – 5pm

McCartney October 24, 2021October 24, 2021 News Read more

Where is Oil headed? Dec 2021 forecast

When the SARS-CoV-2 began to spread in China in February, my team forecasted the probability of the WHO declaring a pandemic. We were concerned about Covid having a much IFR (Infection Fatality Rate), approaching the 1918 IFR of 2-3%, not

McCartney April 29, 2021April 29, 2021 News Read more

Website maintenance

We have updated some website functionality 21MAR21. If you find something off, let us know in the Report bug page.

McCartney March 22, 2021 News Read more

During the pandemic, time is on the side of mineral buyers

There is a unique opportunity for mineral buyers for a few months. We all know the economic effects of Covid. High unemployment, financial stresses, sometimes a lingering sickness and an uncertain future. In Texas we have an additional economic stress

McCartney March 15, 2021March 15, 2021 News Read more
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What we do

We are a data provider of geospatial information for the oil and gas industry. Using Artificial Intelligence and specialized software we create datasets that are critical for the oilfield.

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RSS feed: News from the Oil Patch News from the Oil Patch

  • Private Equity Is Circling Utilities as AI Reshapes the Grid August 23, 2026
    While it seems that Democrats and Republicans can’t agree on much of anything these days, there’s at least one common enemy that’s bringing both sides of the aisle together: data centers. Representatives on both sides of the aisle are increasingly pushing back against hyperscalers who are developing massive data center campuses on local energy grids, […]
  • Underwater Volcanoes Are Geothermal Energy’s Next Frontier August 23, 2026
    A Seattle startup is seeking to revolutionize geothermal energy by tapping into undersea volcanoes. In September, a 100-kilowatt geothermal generator will be deployed to the seafloor off Oregon’s coast, where a hydrothermal vent emits temperatures of up to 750 degrees Fahrenheit. The pilot project – the fifth of its kind – will continue to test […]
  • Europe Dodges a Rhine Crisis for the Worst Possible Reason August 22, 2026
    The Rhine has slightly risen from its mid-August record low (when Kaub’s water level gauge – at the river’s decisive chokepoint – was below 10 cm), but the relief is mostly optical. Barges still cannot carry normal loads through it, leaving the industrial corridor from Rotterdam and Antwerp to southern Germany, eastern France and Switzerland […]
  • The Gas Turbine Shortage Just Became AI’s Biggest Constraint August 22, 2026
    Order a heavy-duty gas turbine from GE Vernova today and it won’t arrive until 2031. That’s the company’s actual production schedule, confirmed on its July 22 earnings call, and it’s the fact sitting underneath every AI data center power plan announced in the last two years. It comes up far less often than the announcements […]
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