U.S. Shale’s Glory Days Are Numbered
There are some early signs that the U.S. shale industry is starting to show its age, with depletion rates on the rise. A study from Wood Mackenzie found that some Continue Reading
New Produced Water Blueprint Expected in 2019
An upcoming report could usher in produced water’s transformation from a byproduct to a resource. According to the Ground Water Protection Council (GWPC), a U.S. association of state ground water Continue Reading
Tight Oil, Shale to Drive Majors’ Output to New Highs
By the middle of the next decade, US unconventionals will generate up to $20 billion of annual cash flow for the Lower 48. U.S. unconventionals will be crucial for oil Continue Reading
The Permian Oil Boom Is Showing Signs of Overheating
At 10:30 p.m. on an 85F August night in Penwell, West Texas, a 69-year-old repairman is hammering away at the frame of an 18-wheeler in the forecourt of an abandoned 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
Why Crypto Miners Are Paying Attention To The Permian
Bitcoin miners have become energy hunters, scouring the world for cheap electricity. When most people think about bitcoin mining operations, they imagine hydro-powered warehouses in Canada or the Sichuan Mountains, Continue Reading
New US GOM Seismic Project for TGS and Schlumberger
TGS and Schlumberger announce a new multiclient nodal seismic project in the US Gulf of Mexico (GOM). TGS and Schlumberger have announced a new multiclient nodal seismic project in the Continue Reading
U.S. Gulf of Mexico oil and gas output increasing after hurricane
U.S. Gulf of Mexico oil and gas production is returning to near normal levels following Hurricane Michael, data from an offshore regulator showed on Sunday, with oil output off 15.8 Continue Reading
U.S. Drillers Add 11 Rigs Despite Oil Price Correction
Baker Hughes reported an 11-rig increase for oil and gas in the United States this week, bringing the total number of active oil and gas rigs to 1,063 according to Continue Reading
Colorado locked in cycle of anti-drilling ballot measures: House majority leader
Colorado’s oil and natural gas industry will likely defeat an effective drilling ban on November’s ballot, a key state lawmaker predicted Friday, but she cautioned that the effort would return Continue Reading