JP Morgan: U.S. Shale Production Set To Climb
Current oil prices are high enough to warrant increased U.S. shale activity in the second half of the year if prices hold around these levels, according to JP Morgan. “At Continue Reading
Shale Giants Proving OPEC Right
Saudi Arabia’s bet that the golden age of U.S. shale is over appears to be a safe one — for now, at least. A round-up of data on shale drillers Continue Reading
Why Are Investors Turning Their Backs On Fossil Fuel Projects?
Over the next five years, oil and gas companies will definitely see less investment as the world’s biggest institutional investors are increasingly looking at the environmental credentials of the companies Continue Reading
Argentina’s Shale Patch Is Poised For A Comeback
After a harsh 2020 and slow post-pandemic recovery Argentina’s hydrocarbon sector has come roaring back to life. A combination of substantially higher oil prices, government subsidies, favorable legislation and growing Continue Reading
Tight oil public E&Ps maintain 55% reinvestment rate in 4Q20
Rystad Energy Webinars We are adapting to the current digital workplace and hosting numerous webinars going forward, some on short notice. Follow our webinar page to make sure you don’t Continue Reading
US rig count grows by 1 on week to 492, led by increase in oil activity: Enverus
Highlights Permian basin rigs climb four to 226 Gas focused-rigs hit four-week low of 121 Chevron slowing activity in Permian, for now The US oil rig count pushed to an Continue Reading
Tight oil public E&Ps maintain 55% reinvestment rate in 4Q20
Rystad Energy Webinars We are adapting to the current digital workplace and hosting numerous webinars going forward, some on short notice. Follow our webinar page to make sure you don’t Continue Reading
US gasoline inventories plunge as demand outstrips storm-battered supply
Highlights Gasoline stocks fall 11.87 million barrels USAC stocks hit 15-week low Crude stocks surge 13.8 million barrels US gasoline inventories moved sharply lower for a second week in the Continue Reading
US interior advances plan to rewrite rules regarding oil, gas extraction
The US Department of the Interior delved deeper into its review of federal minerals, a move that affects 12% of natural gas and 22% of crude production, as it develops Continue Reading
Oilfield Services Job Losses Top 10,000 for February
An analysis of preliminary BLS data by the Energy Workforce and Technology Council shows a loss of 10,000-plus OFS jobs last month. Employment in the U.S. oilfield services and equipment Continue Reading