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News

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

Petro-Wealth Ownership Report for Texas, 2025

Produced by Blackbeard Data to outline the demographics of Texas oil and gas ownership. For the full annual 2025 Texas Petro-Wealth report in pdf click on the following link: 2025-Petro-Wealth-Report Executive Summary Texas petro-wealth is estimated to be approximately $247

Tami December 28, 2025December 28, 2025 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

Petro-Wealth Ownership Report for Texas, 2023

Produced by Blackbeard Data to outline the demographics of Texas oil and gas ownership. For the full annual 2023 Texas Petro-Wealth report in pdf click on the following link: 2023-Petro-Wealth-Report Executive Summary Based our calculations, Texas petro-wealth totals approximately $273

Tami April 25, 2025April 25, 2025 News Read more

Petro-Wealth Ownership Report for Texas, 2022

Produced by Blackbeard Data to outline the demographics of Texas oil and gas ownership. For the full annual 2022 Texas Petro-Wealth report in pdf click on the following link: 2022-Petro-Wealth-Report Executive Summary Texas petro-wealth totals approximately $225 billion in 2022

Tami April 25, 2025April 25, 2025 News Read more

Petro-Wealth Ownership Report for Texas, 2021

Produced by Blackbeard Data to outline the demographics of Texas oil and gas ownership. For the full annual 2021 Texas Petro-Wealth report in pdf click on the following link: 2021-Petro-Wealth-Report Executive Summary There is approximately $105 billion in Texas petro-wealth

Tami April 25, 2025April 25, 2025 News Read more

Petro-Wealth Ownership Report for Texas, 2024

Produced by Blackbeard Data to outline the demographics of Texas oil and gas ownership. For the full annual 2024 Texas Petro-Wealth report in pdf click on the following link: 2024-Petro-Wealth-Report Executive Summary Texas petro-wealth totals approximately $250 billion in 2024

Tami April 21, 2025April 21, 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
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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

  • 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 […]
  • Clean Energy Spending Tracking Toward Record $180 Billion in 2026 August 22, 2026
    Donald Trump is accidentally overseeing a massive buildout of the country’s renewable energy capacity and infrastructure. Not only are investments in renewable technologies soaring to new highs, the national energy grid is rapidly transforming to accommodate an increasingly solar- and wind-powered energy mix.  Despite massive rollbacks of Biden- and Obama-era clean energy incentives and financial […]
  • Every Chokepoint That Isn't Hormuz August 22, 2026
    For six months the entire conversation about oil logistics has been about one strait, and you can hardly blame anyone for that. Hormuz has been effectively closed since late February, when the war between Iran and the U.S. and Israel started, and the EIA reckons only 4.9 million barrels a day of crude and liquids […]
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