This year’s top-performing U.S. oil producer doesn’t have any operations in the world’s fastest-growing shale play. (Bloomberg) — This year’s top-performing U.S. oil producer doesn’t have any operations in the Continue Reading
The breakeven cost of producing oil from U.S. shale is roughly the same as non-shale, despite the tidal wave of investment into the sector. According to the Federal Reserve Bank Continue Reading
The US Energy Information Administration publishes Tight Oil Production Estimates by Play each month (can be found at link above.) I noticed this month that the estimates seemed different than Continue Reading
The overwhelming majority of U.S. shale companies were hit hard due to lower oil prices in the first quarter of the year. Just about every shale company that I keep Continue Reading
Rattler Midstream Partners LP raised $665 million in the biggest energy initial public offering of the year, pricing an increased number of shares in the middle of its targeted range. Continue Reading
The annual growth rate in the global offshore oilfield services market will likely be halved after 2022, according to Rystad Energy. The annual growth rate in the global offshore oilfield Continue Reading
US shale operators are on course to increase oil production significantly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in Continue Reading
Highlights US crude stocks seen falling 2 million barrels Refinery runs likely rose 0.5 percentage points Analysts see distillate draw, gasoline build New York — US commercial crude stocks are Continue Reading
Not everyone in the shale patch is profiting from the higher oil prices this year, the continuously rising oil production in the Permian, and the record U.S. crude output. While Continue Reading
Occidental Petroleum, (NYSE: OXY), lit up the Permian sky, with its mid-April announcement that it was going to call and raise Chevron’s (NYSE:CVX) bid for Anadarko Petroleum, (NYSE: APC). Almost Continue Reading
