OPEC, for some quiet moments..

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Oil Search Ltd., the Papua New Guinea-focused energy explorer, raised its full-year production target because of record output from the country’s liquefied natural gas project. The company lifted the lower end of its 2017 production guidance to 29 MMboe from the previous 28.5 MMboe, while leaving the upper end at 30.5 MMboe, citing record output at PNG LNG, the company said Tuesday in a statement. "Lifting of the bottom end of production guidance is positive, although we suspect given strong first-half production performance most had baked in top-of-the-range estimates," Sydney-based RBC Capital Markets analyst Ben Wilson said in a note.

Oil Search raises output goal on record Papua New Guinea gas

After oil giant BHP Billiton sold off the rest of its U.S. shale holdings, CNBC's Jim Cramer did not shy away from the massive impact he thought it would have on the overall industry. "From our point of view, is that these held-for-sale oil and gas assets will be the determinant of the entire pricing environment for domestic acreage going forward, and therefore for the stocks themselves," the "Mad Money" host said. And as crude teeters on the brink of either collapse in the price of oil or collapse in the value of U.S. shale properties, Cramer said this deal would be monumental in determining oil's fate.

Cramer Remix: Why these US oil fields may be about to make a big market impact

To provide more complete coverage of U.S. crude oil and natural gas production, EIA is expanding the Drilling Productivity Report (DPR) to cover the Anadarko region, which covers most of the production from the Anadarko Basin in 24 counties in Oklahoma and 5 counties in Texas. Two other regions—the Marcellus and the Utica—have been combined into one Appalachia region.
The Anadarko Basin has a long history of hydrocarbon production and, in recent years, has seen an increase in activity mainly from two areas commonly known as the STACK (Sooner Trend Anadarko Canadian and Kingfisher) and the SCOOP (South Central Oklahoma Oil Province) plays.

EIA’s Drilling Productivity Report adds Anadarko region, aggregates Marcellus and Utica - Today in Energy - U.S. Energy Information Administration (EIA)

Lithuania received its first spot shipment of liquefied natural gas (LNG) from the United States on Monday, the result of a deal aimed at reducing dependence on Russia and consolidating relations with Washington amid increased tension in the region. Russia's annexation of Crimea in 2014 has spooked the Baltic states, once ruled from Moscow but now members of both NATO and the European Union.

Lithuania receives first LNG from the United States