The long-awaited consolidation in the U.S. shale patch is well underway, with several high-profile multi-billion-dollar deals announced in the span of just a few weeks. Analysts say that the mergers Continue Reading
Apache intends to step up its exploration and development plans off the coast of Suriname, as its operations and activity in the US Permian Basin remain scaled back through the Continue Reading
U.S. crude oil refinery inputs averaged 13.6 million barrels per day during the week ending October 30, 2020 which was 163,000 barrels per day more than the previous week’s average. Continue Reading
Although the Texas upstream oil and gas industry remained in contraction in the third quarter, signs have emerged in employment and rig counts that the sector may have already seen Continue Reading
The TPI tracks metrics such as price, rig count, drilling permits, well completions and employment. The Texas Alliance of Energy Producers revealed this week that its Texas Petro Index (TPI) Continue Reading
The popularity of light sweet crude oil among refiners is growing at a solid clip. The ongoing push to combat climate change and ever stricter regulations over fuel emissions is Continue Reading
Louisiana voters approved a change to the state constitution to allow the presence or production of oil or gas to be taken into account when assessing the fair market value Continue Reading
With the 2020 presidential election looming — and with many claims and counterclaims about a president’s impact on the oil industry — I thought it might be of interest to Continue Reading
A post by Ovi at peakoilbarrel. All of the oil (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM . After Continue Reading
Ahead of what could be an industry-changing presidential election in the US, a Rystad Energy analysis reveals that drilling and fracking activity has accelerated. North American fracking likely peaked in Continue Reading
