US Proved Oil & Gas Reserves Hit New Record High
Higher oil and natural gas prices in 2018 raised the proved reserves of oil and gas in the United States to new all-time highs last year, the Energy Information Administration Continue Reading
Is Wall Street Turning Its Back On Fossil Fuels?
Goldman Sachs said that it would no longer finance coal projects, or oil and gas exploration in the Arctic. In a new environmental policy framework , the investment bank acknowledged Continue Reading
From Boom To Bust: Permian Shale Towns Face Exodus
Perhaps it’s not evident to anyone who is not an oil-worker living in America’s biggest shale towns, but signs of the shale slowdown predicted by many analysts, and the EIA Continue Reading
US Energy Sec Shrugs Off Permian Oil Slowdown
The golden age of U.S. shale is far from over, with an expected slowdown in the Permian Basin likely to be temporary, according to the new U.S. Energy Secretary. The Continue Reading
Permian Advocates See Methane Emissions Progress
Although drillers in North America’s biggest oil field are burning off more natural gas than ever before, industry advocates say it’s not as bad as it looks. Methane-emissions intensity in Continue Reading
Lukoil: Russia’s Output Could Surpass 12 Million Bpd By 2035
Russia’s crude oil and condensate production could rise to more than 12 million bpd by 2035, if global demand for liquid hydrocarbons continues to grow, Russia’s second-largest oil producer, Lukoil, Continue Reading
The 5 Biggest Threats To Oil & Gas In 2020
After quite an eventful 2019 in which oil demand growth slowed to its lowest in years and investors questioned the performance of oil and gas stocks, the energy sector meets Continue Reading
Drilling Productivity Report
The Drilling Productivity Report uses recent data on the total number of drilling rigs in operation along with estimates of drilling productivity and estimated changes in production from existing oil Continue Reading
Texas Driller Goes All-In On This New Oil Frontier
Apache ( APA ) has made news in recent times largely for the potential of their Alpine High field in West Texas. The crash in everything shale currently has moved Continue Reading
Wanted: Oil Workers With More Tech, Less ‘Roughneck’
Oil and gas’s love affair with digital technology is about to get serious. With digital tech’s proven capacity to contribute to the industry’s number-one priority in the post-2014 era—cost control—it’s Continue Reading