Citadel Attending PBIOS in Odessa, TX

Oil industry leaders from every corner of the world gather in Odessa, TX October 18-20 to learn about the latest technology, the newest equipment, to transact business and renew friendships. For 70 years the Permian Basin International Oil Show has … Continued

Survey: Historically Low Rig Counts, Crude Prices Continue to Affect O&G Workforce

By Chris Frevert, Managing Director Survey Details Reductions in Gross Revenues, Work Volume, and Headcount Since 2014, over 61% of oilfield service company owners have reduced their rates for top customers by more than 20%, and over 65% have seen … Continued

Ringing in the New Year; Shipping out the Crude

By Claudia Davis, Associate On New Year’s Eve we witnessed history as the first shipment of US crude and condensate to an overseas buyer set sail from Corpus Christi, TX. Less than two weeks since Congress lifted the over 40-year-old … Continued

Is OPEC ready to talk?

By Matt Thomas, Associate As we have come to learn over the past few months, OPEC is digging its heels in and seems committed to maintaining market share rather than supporting prices. How long this can continue is anyone’s guess. … Continued