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
U.S. Could Become Single Largest Oil, Gas Producer: IEA
The United States will be the biggest contributor to global oil production growth in the period to 2040, accounting for 75 percent of the total, the International Energy Agency said Continue Reading
New Tech Could Save Big Oil $7 Billion Per Year
Seven billion dollars—this is the sum that oil producers could save annually if they take advantage of all digital capabilities made available to them by a technology industry that’s been Continue Reading
Permian Pipes Are Coming, But The Workers Aren’t
‘It’s frankly today a bigger concern than oil prices, because oil prices are fine where they are. The availability of labor is not,’ says analyst. (Bloomberg) — Ryan Byrd worked Continue Reading
U.S. Expected to Produce Half of Global Oil and Gas Growth by 2025
“The shale revolution continues to shake up oil and gas supply, enabling the U.S. to pull away from the rest of the field as the world’s largest oil and gas Continue Reading
Fracking could generate $500 million per year in Colombia: study
The development of non-conventional oil deposits using fracking could generate $500 million per project per year in taxes, royalties, dividends for shareholders and salaries in Colombia, the country’s private oil Continue Reading
U.S. crude inventories increase, diesel stocks down: EIA
U.S. crude inventories rose last week, boosted by another jump in production to a new record, while gasoline stocks increased and distillate inventories fell, the Energy Information Administration said on Continue Reading
Plains All American Expands Permian Pipeline Network
Pipeline operator Plains All American said it had expanded the capacity of its network in Texas, launching its Sunrise pipeline from the Permian to Cushing, Oklahoma, which boosted overall daily Continue Reading
U.S. Oil Production Is Set To Soar Past 12 Million Bpd
Rising shale production is putting the United States on track to hit the 12 million bpd oil production mark sooner than previously forecast, the Energy Information Administration (EIA) said in Continue Reading
Well Setback Measure Fails in Colorado
A controversial proposal on the ballot in Colorado that would have dramatically limited new oil and gas development in the state failed at the polls Tuesday. According to returns from Continue Reading