Is This The End Of Colorado’s Shale Boom?
Colorado has hosted a surge in oil and gas production in the last few years, but the industry faces new challenges as the state overhauls its regulatory regime. Much of Continue Reading
Shale Is In A Deep State Of Flux
Oil prices are rising to their highest level in months, with WTI having topped $60 per barrel, but the U.S. shale industry is still showing signs of strain. “This is Continue Reading
Colorado’s controversial oil and gas regulatory bill awaits governor’s signature
Bill now only requires governor’s signature Industry got some helpful amendments Denver — Colorado’s state Senate on Wednesday approved several amendments made to an oil and gas regulatory overhaul bill Continue Reading
Colorado Drillers Face Harsher Energy Law
Colorado’s legislature passed a sweeping overhaul of the state’s oil and natural gas laws, giving local governments more power to regulate drilling in one of the nation’s top crude-producing regions. Continue Reading
California’s Oil Industry Collapses Despite Shale Boom
The shale revolution that has transformed the U.S. oil and gas industry has completely passed California by. Not that long ago, California was the second most vital U.S. oil producing Continue Reading
‘Insufficient,’ ‘Unknown,’ ‘Concerns’: BC’s Fracking Report Full of Apprehension
Although a government-commissioned scientific review of fracking in British Columbia released earlier this month occupies some 232 pages, the word “concerns,” as in “concerns regarding environmental impact,” pops up more Continue Reading
US Oil Production Dips For First Time In Nearly Six Months
Average daily crude oil production slipped during the month of January for the first time in nearly six months, according to the Energy Information Administration’s latest report published on Friday Continue Reading
Big Oil Is Heading Offshore
Oil companies will this year increase their investments in offshore drilling for the first time after five years of spending cuts as optimism for this segment of the industry returns Continue Reading
Oil Rig Count Falls As WTI Hits $60
The the number of active oil and gas rigs fell for the second week in a row in the United States this week according to Baker Hughes, while actual US Continue Reading
Goldman Sachs: U.S. Drillers Aren’t Hedging Enough
Oil producers in the United States are not hedging enough future production while oil prices trend higher, Goldman Sachs has warned . According to the investment bank, drillers were now Continue Reading