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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

  • ADNOC Scoops Up Iraqi Crude at $25 Per Barrel Discount September 15, 2026
    ADNOC is buying tens of millions of barrels of deeply discounted Iraqi crude, processing much of it at home and freeing more of its own barrels for export through a route that avoids the Strait of Hormuz. The UAE producer agreed to buy 32 million barrels of Iraqi crude for August at discounts of $24.90 […]
  • BRICS Summit Takes Aim at U.S. Influence Over the Global Economy September 15, 2026
    Like the Shanghai Cooperation Organization, BRICS, the global grouping of emerging markets and developing countries, is intent on diminishing Western influence over the world economy. And just like the SCO summit earlier in September, the latest conclave of BRICS leaders fell short of presenting a united front against the West, the United States in particular. […]
  • The New ‘Mecca Alliance’ Warns Iran Over Houthi Attacks on Saudi Arabia September 15, 2026
    Despite the official Iranian view reiterated last week that it “does not control the Houthis [in Yemen]”, it was senior Islamic Revolutionary Guard Corps (IRGC) commanders in Tehran who ordered the 8 September attacks on Saudi Arabia, while several IRGC officers and men on the ground in Yemen co-ordinated the strikes, a senior source in […]
  • US Energy Secretary: Saudi Pipeline Could Be Back in Service Within Days September 15, 2026
    Saudi Arabia’s East-West oil pipeline could be back in service within days, U.S. Energy Secretary Chris Wright said Tuesday, offering the first relatively concrete timeline for restoring a route that had been moving 4 million to 5 million barrels per day around the largely closed Strait of Hormuz. The 1,200-kilometer pipeline was shut after an […]
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