Brace For A Slowdown In These Key Shale Basins
U.S. oil production in some of the most prolific shale basins is set to slow next month, according to new data from the Energy Information Administration (EIA) released on Monday. Continue Reading
The Best And Worst Oil Predictions Of 2019
There’s nothing like wild volatility to destroy the integrity of those high-end bankers and analysts who are brave enough to make oil price predictions year in and year out. But Continue Reading
Explaining Peak Oil the Easy Way
A reader has written to me to say that she does not completely understand if we have a serious problem with oil or not, and I have written her a Continue Reading
Emissions Soar As Permian Flaring Frenzy Breaks New Records
The flaring and venting of natural gas in the U.S. continues to soar, reaching new record highs in recent months. The volume of gas that was burned or simply released Continue Reading
Shale Slowdown Takes Economic Toll
“It affects everybody’s bottom lines,” Mr. Daniels said. Fracking has made the U.S. the world’s top oil producer, buoyed the national economy and helped the country become a net exporter Continue Reading
Oil Rig Count Rises After String Of Losses
The US oil and gas rig count was unchanged this week, according to Baker Hughes, staying at 799 rigs for the week, according to Baker Hughes, but the number of Continue Reading
U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2018
Another year of stronger oil and natural gas prices increased 2018 oil and natural gas proved reserves in the United States to another all-time record level. Crude oil and lease Continue Reading
US Adds Four Oil Rigs
The U.S. adds four oil rigs and drops four gas rigs to flatten the rig count for the week. The U.S. added four oil rigs this week, according to data Continue Reading
North Dakota oil output growth to improve moderately on OPEC+ cuts: state regulator
Without cuts, Bakken crude would have flat-lined North Dakota oil output was at record 1.52 million b/d in October State claims Bakken breakevens are $12/b, analysts disagree Washington — The Continue Reading
Permian Drillers Are Struggling To Keep Output Flat
Newer wells in the Permian see their oil and gas production declining much faster than older wells, and operators will need to drill a large number of wells just to Continue Reading