Energy In The News




Rye Ridge Resources announces the successful exit of Rye Ridge Resources Fund I, LP June of 2022. The Primary focus of the fund was the purchase of mineral interests in the Uinta Basin, Utah. 


Rye Ridge Resources is excited to announce the formation of Rye Ridge Resources Fund II, LP January of 2023. The Primary focus of Fund II is purchasing Non-op working interest and mineral interest in the Powder River Basin of WY, Haynesville Shale in LA and the Uinta Basin, UT.  

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IEA: Global gas production growth to be slightly negative in 2022

Oct. 4, 2022
The IEA anticipates global gas production growth being slightly negative in 2022, as the expected drop in Russian production resulting from lower demand and higher import diversification in Europe offsets increases from other regions.

Windfall Taxes Will Stifle Oil Industry Investments

  • As the energy crisis triggered a cost-of-living crisis governments around the world have turned to windfall taxes on the oil industry to raise funds.
  • While it might seem like a good short-term solution, the consequence of windfall taxes on the future of the oil and gas industry could be significant.
  • Plenty of energy companies have been complaining about the losses and warning of falling investments, while others are suing governments.

America Has Lost Its Oil Buffer

The Strategic Petroleum Reserve is at historically low levels, when there are still many supply uncertainties

Brace for impact: The U.S. is running out of a cushion reserved for oil shocks.

The U.S. Energy Information Administration said Wednesday that the Strategic Petroleum Reserve declined by nearly 7 million barrels in the week ended Sept. 16, leaving it at roughly 427 million barrels—the lowest since 1984. For the first time since 1983, the SPR now holds less oil than commercial storage.