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Category: Oil Supply

Category:
  • Shale Oil

Oil Rig Count Falls For The First Time In 2 Months

Baker Hughes reported on Friday that the number of oil rigs in the United States fell by 5 to 231, ending eight weeks of increases to oil rigs in the Continue Reading

Posted On : 21 Nov 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Baker Hughes Rig Counts Show US Decline

The overall US rotary rig count fell slightly this week. The overall U.S. rotary rig count dipped by two over the past week, falling to 310 units, Baker Hughes Co. Continue Reading

Posted On : 21 Nov 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Biden’s proposed oil drilling ban may not be a hit with Democrats in New Mexico – The Washington Post

It’s one of Joe Biden’s boldest campaign pledges for tackling climate change. But it’s one that would have a big impact on a Democratic stronghold. New Mexico is waiting to Continue Reading

Posted On : 21 Nov 2020 Published By : Tom Whipple
Category:
  • Shale Oil

US oil, gas rig count rises by three on week to 382: Enverus

The US oil and natural gas rig count rose by three to 382, Enverus said Nov. 19, ahead of the Thanksgiving holiday week when drilling typically slows as upstream budgets Continue Reading

Posted On : 20 Nov 2020 Published By : Tom Whipple
Category:
  • Peak Oil

Peak Oil Never Went Away

Do you remember peak oil? It was all the rage a decade ago. Now, almost no one is talking about it. The funny thing is, the problem never went away. Continue Reading

Posted On : 19 Nov 2020 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

Summary of Weekly Petroleum Data for the week ending November 13, 2020

Summary of Weekly Petroleum Data for the week ending November 13, 2020 U.S. crude oil imports averaged 5.3 million barrels per day last week, down by 245,000 barrels per day Continue Reading

Posted On : 19 Nov 2020 Published By : Tom Whipple
Category:
  • Gulf Of Mexico

GoM Summary Part V: Possible Futures

This analysis concerns C&C only. Natural gas production is low and steadily declining with few deep gas-condensate discoveries and the shallow dry gas fields at end of life. I don’t Continue Reading

Posted On : 19 Nov 2020 Published By : Tom Whipple
Category:
  • Gulf Of Mexico

American Deepwater Oil Exploration Isn’t Dead

In a move that came as a surprise to some, today’s oil and gas lease round in the U.S. Gulf of Mexico generated substantial interest on Wednesday. The sum of Continue Reading

Posted On : 19 Nov 2020 Published By : Tom Whipple
Category:
  • Shale Oil

Oil Crash Continues To Claim Bankruptcy Victims In U.S. Shale Patch

After a wave of bankruptcies in the third quarter, oil producers and oilfield services companies in the U.S. shale patch continued to file for protection from creditors at the start Continue Reading

Posted On : 19 Nov 2020 Published By : Tom Whipple
Category:
  • Oil Supply

How Much Oil and Gas Has Been Found in 2020?

Global conventional oil and gas discoveries already exceed eight billion barrels of oil equivalent, according to a new Rystad Energy analysis. Global conventional oil and gas discoveries already exceed eight Continue Reading

Posted On : 18 Nov 2020 Published By : Tom Whipple

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